Blockchain & Digital Assets

May 26, 2020 @ 7:38 am By Omar Faridi  |  

Bitcoin (BTC) and other digital currencies can be difficult to spend because most merchants still do not accept them. The Switzerland-based firm, Eidoo, is planning to help consumers easily spend virtual currencies by launching a Visa crypto debit card that will use regulated or compliant… Read More

May 26, 2020 @ 7:22 am By Omar Faridi  |  

More than 45% of over 5,000 survey respondents from 17 different countries said they preferred Bitcoin (BTC) over investments in stocks, real estate, and gold. The survey, which aimed to compare Bitcoin (BTC) adoption rates from 2017 to those in 2020, was performed by Tokenist,… Read More

May 25, 2020 @ 7:32 pm By Omar Faridi  |  

Andy Mukherjee argues in a recently published Op-Ed in the Washington Post that the virtual yuan could potentially transform “the relationship between money, economic power, and geopolitical clout.” The digital renminbi has been under development since 2014. Its top-level design was recently finalized and its… Read More

May 25, 2020 @ 5:38 pm By Omar Faridi  |  

  Nobody really knows when Bitcoin (BTC) and other cryptocurrencies will be “vulnerable” to the threat from quantum computers, according to most experts in the field. Twitter and other social media users have been warning and reminding people that we should stay informed about the… Read More

May 25, 2020 @ 4:25 pm By Omar Faridi  |  

  We recently caught up with Jonah Schulman, the Head of Marketing at Security Token Market, a US-based company focused on a listing website for Security Token Offerings (STOs) from all over the world. The firm’s STO listings include basic information about the company and… Read More

May 25, 2020 @ 12:26 pm By JD Alois  |  

SIM Swaps, the nefarious act when criminals surreptitiously take over your mobile phone with a different SIM card, hit crypto lending platform BlockFi earlier this month. BlockFi quickly posted an “incident report” outlining the scam: “From approximately 07:17 UTC to 08:43 UTC on May 14,… Read More

May 25, 2020 @ 11:44 am By Omar Faridi  |  

The National People’s Congress (NPC), China’s parliament and the Chinese People’s Political Consultative Conference recently began conducting their annual sessions. Both government bodies are considered the most powerful or influential political groups in the country. These meetings are commonly referred to as the “Two Sessions”… Read More

May 25, 2020 @ 8:04 am By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs will be hosting a conference call on May 27, 2020, which has been titled “US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.” Interestingly, the conference has been scheduled after the bank published a… Read More

May 24, 2020 @ 11:57 pm By Omar Faridi  |  

The Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank organization focused on central banking, economic policy, and public investment, recently established the Digital Monetary Institute. The Institute aims to serve as a high-level group that brings together policymakers, tech specialists, financiers and regulators… Read More

May 24, 2020 @ 11:02 pm By Omar Faridi  |  

San Francisco-based cryptocurrency exchange Coinbase began supporting trading with OmiseGo (OMG) on May 21, 2020. The OMG token price surged 200% in only 15 minutes after the listing, however, it then crashed immediately. OMG is trading at $1.88 at the time of writing, down 5.44%… Read More

May 24, 2020 @ 10:48 pm By Omar Faridi  |  

  Ethereum-based anonymization protocol, Tornado.cash, has introduced “completely immutable”smart contracts, which developers claim will make the protocol “unstoppable.” Although the initiative’s developers boldly claim that Tornado.cash is committed to supporting  immutability and the “code is law” principle, Ethereum (ETH) ecosystem developers and community members have… Read More

May 24, 2020 @ 5:43 pm By Xu Gao  |  

The People’s Bank of China and State Administration for Market Regulation Sign Data Sharing MoU On May 20th, the People’s Bank of China (PBC) and State Administration for Market Regulation (SAMR) signed a Memorandum of Cooperation on Data Sharing (hereinafter referred to as the MoU),… Read More

May 23, 2020 @ 10:09 pm By Omar Faridi  |  

Digital asset exchange FTX has introduced a crypto trading platform for US-based users. FTX.US supports spot trading for major virtual currencies, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Paxos Gold token (PAXG), and stablecoin Tether (USDT). The new platform will provide up… Read More

May 23, 2020 @ 9:13 pm By Omar Faridi  |  

  The Suseong University in South Korea will be working with the Korea Artificial Intelligence Association (KORAIA), in order to establish a blockchain or distributed ledger technology (DLT) and AI-focused campus in Daegu, a city located in the country’s North Gyeongsang province. Local media outlet… Read More

May 23, 2020 @ 8:06 pm By Omar Faridi  |  

New York-based Vision Hill Cryptocurrency Hedge Fund, a full-service digital asset management and solutions company, recently released its Q1 2020 returns reports. As noted by the firm, its active crypto indices are “non-investable” reference indices that have been designed to be “representative of the overall… Read More

May 23, 2020 @ 2:54 pm By Omar Faridi  |  

We recently talked to Lex Sokolin, the Global Fintech Co-Head and CMO at ConsenSys, a leading Ethereum (ETH) development studio based in New York. Before joining ConsenSys, Sokolin was the Global Director of Fintech Strategy at Autonomous Research, a firm that was eventually acquired by… Read More

May 23, 2020 @ 2:07 pm By Omar Faridi  |  

Coinbase Custody, the digital asset custody solutions offered by San Francisco-based exchange Coinbase, has introduced staking for blockchain interoperability platform Cosmos’ ATOM tokens. Coinbase Custody was reportedly the first digital asset custodian to provide staking and “active governance” for cryptocurrencies residing in cold wallets (offline… Read More

May 23, 2020 @ 1:05 pm By Omar Faridi  |  

New York-based SMC Capital, a VC firm focused on blockchain technology, and Estonia’s bigX, a Fintech firm that provides a crypto-fiat exchange, have co-published an extensive report on initial exchange offerings (IEOs). IEOs came after initial coin offerings (ICOs), which are a type of crowdfunding… Read More

May 22, 2020 @ 6:46 pm By JD Alois  |  

  Last week it was reported that JPMorgan (NYSE:JPM), one of the largest banks in the world and the doyenne of Wall Street big banks, is providing banking services to both Coinbase and Gemini. More specifically, JPMorgan is providing cash management services like wire transfers,… Read More

May 22, 2020 @ 4:00 pm By Samantha Hurst  |  

Æternity, a public, open-source blockchain protocol that enables a platform for next-generation decentralized applications and high scalability, announced on Thursday the launch of Superhero, a peer-to-peer social sharing project for tips, patronage, and sponsoring. The platform was notably development on the Æternity blockchain. According to… Read More