A fintech-positive U.S. banking regulator sees a role for private companies in providing better banking services. The United States Acting Comptroller of the Currency, Brian Brooks, recently expressed his willingness to embrace fintech solutions in an interview with CNN. Brooks, who was formerly Chief Legal Officer at Coinbase, explained that his job now was to […]
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For the East and West, the paths to blockchain and cryptocurrency adoption are not the same and both have their own challenges. Ethereum recently turned five years old, and coincidentally, it also appears to have reached an inflection point for user adoption. In the second quarter of 2020, daily active Ethereum users nearly doubled to […]
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As Bitcoin reaches a new yearly high of $12,470, its market cap is now greater than Bank of America’s and New Zealand’s fiat currency. As Bitcoin gets more support from first-time investors, its market capitalization has risen past Bank of America’s market valuation, and put it within striking distance of PayPal’s. According to AssetDash data […]
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Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug. 14, the power […]
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Why do enterprise blockchain implementations fail, and what can enterprises do to increase their chances of success? In the enterprise realm, blockchain has moved from an experimental toy to a top-five strategic priority. As a technology that can improve security and coordination both within and between enterprises, it is now seen as an important path […]
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Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years. The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are […]
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Institutional adoption of blockchain can offer great benefits, as truly decentralized control often comes from the roots of centralization. The power of blockchain technology to decentralize control of our financial economy is well documented. It is one of the cornerstones of the origins of the technology, with the genesis block of Satoshi Nakamoto’s Bitcoin (BTC) […]
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There are multiple ways to approach digital payments, and Facebook wants to cover them all. Despite regulators across the board giving a cold shoulder to Facebook’s ambitious plan to install a worldwide crypto-based payment system called Libra, the company’s enthusiasm for moving into the digital payments space is only mounting. Earlier this week, reports emerged […]
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Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. A major financial watchdog in Russia is developing a new cryptocurrency analytics tool to trace major cryptos like Bitcoin (BTC) and privacy coins. Russia’s Federal Financial Monitoring Service, a federal service combating money laundering and terrorist financing, is […]
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Q4 2016 is the name of the game under current conditions, Woo says, but institutional investor presence makes this year very different. Bitcoin (BTC) is copying what it did a year before its $20,000 all-time highs and the new bull market has been here for over a year already. That was according to popular statistician […]
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