DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report. A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid […]
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Square is launching a consortium to pool patents and democratize access to innovative blockchain technologies Square, the U.S.-based financial services company headed by Twitter’s Jack Dorsey, is establishing a consortium to fight patent trolling and ensure open access to technology in the crypto sector. The ‘Cryptocurrency Open Patent Alliance’ (COPA) seeks to democratize access to […]
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The Square CEO remains a vocal champion of the Blockchain space. The world of cryptocurrency moves at a whirlwind pace but Twitter CEO Jack Dorsey remains committed to its earliest lodestone, Bitcoin (BTC). In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes the coin’s potential […]
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Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’ Singapore-based blockchain data firm CyberVein has become one of 12 firms participating in the construction of China’s Hainan Wenchang International Aerospace City. Construction commenced last month, with the site previously hosting a satellite launch center. […]
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Weakness across macro indices draws frightening comparisons to the Wall St. Crash, exactly 91 years to the day that markets began to die. Bitcoin (BTC) may be testing $10,000 but further losses would not be unusual, says an asset manager on the 90th anniversary of the Wall St. Crash. In a tweet on Sep. 4, […]
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1980s kids favorite, The Care Bears, brings its values of caring and understanding to The Sandbox Metaverse. Blockchain-enabled gaming world The Sandbox announced a partnership with Care Bears owner Cloudco Entertainment on Sept. 2 that will bring a virtual representation of Care-a-Lot Kingdom to the platform. Players will be able to explore the Care-a-Lot environment […]
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This year has been a milestone for open-source development, as more organizations have contributed funds by way of grants and sponsorships. Supporting the open-source community continues to be a priority for OKCoin, which has enabled us to sponsor the development of the very infrastructure that we depend on as a crypto exchange. Our commitment to […]
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Cryptocurrencies and politics are intertwined. Here’s what the top politicians in the U.S. elections think about cryptocurrencies. In the cryptocurrency and blockchain sphere, it’s difficult to do away with politicians and vice versa. With the presidential election in the United States slated for later this year, interested parties are doing all they can to sell […]
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The “Buffett Indicator” has hit levels unseen since the dot-com bubble, and Bitcoin could see a major reaction in the event of a major crash in stocks. The “Buffett Indicator” is hinting that the United States’ stock market is currently at dot-com bubble levels, Yahoo Finance reported on Aug. 20. The indicator divides the Wilshire […]
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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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