Now, more than ever, the economic efficiency and transparency is omnipresent, and emerging technologies such as blockchain have highlighted the dire need for such solutions. We are currently living in an unprecedented time, with the COVID-19 pandemic sweeping the world and taking far too many precious lives. Markets are being decimated and economies are on […]
Continue Reading
China Wanxiang Holdings Vice Chairman believes blockchain along with other high tech will lead a more globalized world. Dr. Xiao Feng, the Vice Chairman of investment company China Wanxiang Holdings, attended the 7th Global Investment and M&A Summit in Shanghai, according to local news on June 5. Dr. Xiao’s keynote on digital economic reform revealed […]
Continue Reading
The advent of digital money will threaten the U.S. dollar’s global dominance, but it won’t be easy to dethrone the current global reserve currency. The global monetary system has been centered around the United States dollar since at least the end of World War II when the 1944 Bretton Woods Agreement formalized the greenback’s ascent […]
Continue Reading
A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.” When the Goldman Sachs report came out dismissing Bitcoin’s status as an asset class, there was significant backlash from the crypto community. This is understandable, as for those building in crypto, […]
Continue Reading
A representative of LG’s information technology subsidiary LG CNS told Cointelegraph that blockchain-based identity systems could replace all login functions. A representative of LG’s information technology subsidiary, LG CNS, told Cointelegraph that blockchain-based identity systems could become the new standard for login functions. When asked about why the firm is pursuing the development of blockchain-based […]
Continue Reading
Blockstream has launched an initiative intended to connect developers building on its Liquid sidechain with Bitcoin-focused investors and entrepreneurs. Blockstream, the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network, has launched its “Liquid Ventures Initiative,” which seeks to connect developers looking to build on the commercial sidechain with crypto investors. The announcement follows […]
Continue Reading
Grayscale Investments has been gobbling up Bitcoin in recent months, and most of its investors are institutions — but other funds are doing it, too. While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has […]
Continue Reading
Blockchain technology firm LayerX raised nearly $28 million to further blockchain adoption. Blockchain technology firm, LayerX, has raised about 3 billion yen (equivalent to nearly $28 million) to further blockchain adoption. The Japanese version of Cointelegraph reported on May 28 that LayerX raised the funds from venture capital firms JAFCO, ANRI, and Yahoo Group. JAFCO […]
Continue Reading
Google Cloud, Binance, Blockchain Ventures, and Gumi Cryptos have been announced as Enterprise Validators for the Theta network amid its mainnet 2.0 rollout. Esports and crypto conference streaming app Theta has confirmed its rumored partnership with Google, announcing Google Cloud as an Enterprise Validator and launch partner for Theta mainnet 2.0. The Enterprise Validator Program […]
Continue Reading
Let’s take a look at some of the possible use cases for crypto and blockchain in the forthcoming years and decades. Surely though, there is much more to come. Over the last decade, we have witnessed the massive development of crypto. Formerly a geeky trend, crypto was once a questionable and not easily understandable invention […]
Continue Reading