Tag: blockchain

Filecoin is a decentralized cloud service for public data with smart contract storage opportunities Filecoin is a B2B and B2C decentralized storage network whose goal it is to reinvent the public data storage market. It was invented by Protocol Labs, an open source laboratory. The first...

The blockchain industry is developing rapidly, bringing long-awaited solutions not only to the crypto community but also to regular users. Every digital media outlet claims blockchain to be a transparent digital system, which is aimed at providing trust between a decentralized network and end-users while excluding the intervention of a third party to a transaction process. Changelly is going to provide a series...

Reading Time: 2 minutes Developments in DeFi will eventually see banks being sidelined, says Brian Brooks, the acting U.S. Comptroller of the Currency Brooks likened the DeFi/bank battle to the email/postal service battle Humans need “financial services” not banks, says...

Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth. The weaknesses of our society laid bare, people were freed to think differently about the social contract. Conversations around the function of money and who controlled its minting began, triggered by the...

Reading Time: 2 minutes The Central Bank of the Bahamas has announced that the world’s first active CBDC, the Sand Dollar, has gone live The CBDC, which is pegged to the Bahamian dollar, has been tested on Exuma and Abaco in recent months The Bahamas has beaten the...

The amount of BTC on crypto exchanges has been dropping since March. Why?

The 'Sand Dollar', pegged to the Bahamian dollar, is now available to all 393,000 Bahamian residents.

Leading DeFi/NFT hybrid Aavegotchi announced that it's mainnet GHST token staking functionality has gone live on Oct 20. Though, only available for KYC'ed users, staking would generate a non transferable second token FREN, which can be redeemed for NFT cards, collectibles, contest tickets, games, consumables and more!...

Reading Time: 2 minutes Raoul Pal has said that CBDCs represent the biggest potential change to the global financial system since the Bretton Woods agreement The 1944 agreement formalized a reliance on a gold-backed U.S. dollar and lasted until 1971 Pal says that CBDCs...

Magistrate judge Zia Faruqui, and Jessi Brooks, assistant U.S. attorney in the national security section at the United States Attorney’s Office, have prosecuted several cryptocurrency-related cases, many of them amongst the most well-known. In this episode, they talk about: how they came to be involved in the prosecution of so many cases...

Some of the world’s most well-renowned retailers now accept cryptocurrency payments in place of traditional money, but that hasn’t stopped the UK’s finance regulator from reviewing the market. Launching new regulations with a press release in October 2020, the UK’s Financial Conduct Authority (FCA) has set rules that will result in an outright ban on […] The post...

Reading Time: 2 minutes Streamr has signed a deal with the GSM Association to pilot their platform with three mobile companies Streamr allows users of platforms to sell their data to the platform for DATA tokens owners rather than unwittingly handing it over for free...

Users in Australia, UK, and the European Union can now purchase crypto with their home countries’ fiat currencies.

The renowned Bitcoin skeptic denies any and all allegations that Euro Pacific is guilty of any wrongdoing.

Leading cryptocurrency exchange Binance announced on Oct 17 that it has completed the 13th quarterly BNB token burn, which was also the largest ever in the exchange’s history so far, in terms of approximate USD value, however not in terms of BNB tokens. The team burned over 2.25M BNB tokens, representing 1.27% of the total supply and currently worth over $68M....

Reading Time: 2 minutes CBDCs are gaining traction globally and could soon be a payment option in many countries CBDC adoption would allow governments easy access to the spending habits of its citizens, while cash would remain private and ‘off the chain’ Cash users...

Reading Time: 2 minutes A report on a digital ruble has been released by The Bank of Russia The report states that a CBDC would work alongside the existing cash system The Bank of Russia puts no timeline on the development of a digital ruble The rise of...

As political drama continues in the US, institutional investors eye BTC; G20 plans for a CBDC-filled future.

Jessie Liu, partner at Skadden and the former US attorney for the District of Columbia, headed up the team that has prosecuted what some believe is the greatest number of cryptocurrency crimes worldwide — Welcome to Video, Dark Scandals, Helix, North Korea, Hamas/Al Qaeda and ISIS. In this episode, she discusses: how she came to create a Threat...

\+ CFTC Chair Gushes About ETH This week, another big institutional player invested an eye-opening sum in Bitcoin, while BTC's overall bullish trend shows no signs of slowing down. CFTC Chairman Heath Tarbert praised Ethereum while dancing around whether ETH or the greater DeFi landscape should be labeled securities or commodities. We also have a roundup of the latest...