Tagged: distributed ledger technology

Cardano’s ADA Might be Listed on Coinbase in Late 2020, While Token’s Holders May Soon Stake It via Coinbase Custody

Cardano’s native crypto token, ADA, might get listed on San Francisco-based digital asset exchange Coinbase by the end of this year. ADA investors will soon have the option of staking their digital assets via Coinbase Custody. A representative from IOHK (Input Output Hong Kong), the… Read More

Ampleforth (AMPL), which Claims to be “the Best of Bitcoin and Stablecoins,” Records Over $1.8 Million in AMPL/ETH 24-Hour Trading Volume on Uniswap

It has now been a little over a week since Ampleforth (AMPL) introduced decentralized finance (DeFi) liquidity rewards via its new program, called AMPL Geyser. As noted in an update shared with Crowdfund Insider, there’s currently (at time of writing) around $2.34 million in total… Read More

European Innovation Council Prize on Blockchains for Social Good Awards €5 million to Six Winners Focused on Financial Inclusion, Renewable Energy, Other Projects

The European Innovation Council (EIC) Prize on Blockchains for Social Good has reportedly awarded €5 million to six winners, who were chosen based on their potential to develop scalable, “deployable” and “high-impact” blockchain or distributed ledger tech (DLT) solutions for addressing societal challenges. As noted… Read More

Blockchain Features that Bring Decentralization Pose Challenges to Providing Protection for Stakeholders, According to Chairman of Malta Digital Innovation Authority, Dr. Joshua Ellul and Others

Dr. Joshua Ellul, the Chairman of Malta Digital Innovation Authority and Director of Centre for DLTs, University of Malta, has noted that he has published a paper (with Jonathan Galea, Max Ganado, Stephen McCarthy and Gordon Pace) titled “Regulating Blockchain, DLT and Smart Contracts: a… Read More

Here’s Why Ethereum, Tezos, Stellar, Chainlink are Not Yet Legitimate Bitcoin (BTC) Investment Alternatives

Feyyaz Alingan, the Founder of Blue Alpine Research, a Switzerland-based research firm focused on digital assets, has pointed out several “alternatives” to Bitcoin (BTC). Alingan, an electrical engineering graduate from ETH Zürich, says that Ethereum (ETH) may be considered a Bitcoin alternative. He notes that Ethereum’s… Read More

Financial Privacy Enhancing Zero Knowledge Proofs or ZKPs Not Ready for Integreation with CBDCs, Bank of Canada Claims

Zero-knowledge proofs (ZKPs) and other cryptographic techniques for enhancing privacy on blockchain networks are still in their early stages of development, according to the central bank of Canada. The reserve bank said that ZKPs may not be integrated into central bank digital currencies (CBDC) just… Read More

Russian Blockchain based E-Voting System Suffers Attack, Locals Claim they’ve been Able to Vote Multiple Times due to Faults in the Platform

Russia’s blockchain or distributed ledger technology (DLT)-enabled voting system for the constitutional amendments recently suffered an attack through an election observer’s node. State-owned news outlet TASS reported that the attack took place on June 27, 2020, at about 8 PM CET. A spokesperson from government… Read More

Building Cities Beyond (BCB) Blockchain Introduces $15 Million Grant for Projects Using BCB Protocol, will Also Assist Game Devs

Building Cities Beyond (BCB) Blockchain has introduced its BCB Innovation Grant. The Singapore-headquartered distributed ledger technology (DLT) developers are focused on supporting various smart city solutions. As first reported by Singapore Fintech News, BCB Blockchain confirmed that it will be awarding $15 million in grant… Read More

Decentralized Finance Protocol Compound’s COMP Tokens Now Supported by Coinbase Earn

DeFi protocol Compound’s native COMP token is now available on Coinbase Earn, a platform that allows users to earn cryptocurrency while they learn about how digital assets and blockchain tech work. Coinbase Earn allows users to earn many different crypto-assets including EOS, stablecoin Dai, and… Read More

Digital Asset Token Sales Platform CoinList to Distribute Filecoin (FIL) Tokens Following August 2020 Mainnnet Launch

CoinList, a platform for conducting digital asset token sales, is planning to distribute Filecoin (FIL) tokens after the initiative’s mainnet goes live at some point in August 2020 or later this year. At the time of the mainnet launch, FIL tokens will be sent directly… Read More

Blockchain based Staking of Digital Assets Is Not like Traditional Bank Deposits because Process Involves Computer Code, Not Legal Entities, Software Developer Explains

Konstantin Kladko, the CTO at SKALE network who has a Ph.D. in Math and Physics, says staking of blockchain or distributed ledger tech (DLT)-based digital assets may be considered a license or permit to “do work which is limited in total.” He compares it to… Read More

KPMG Introduces Advanced Analytics Software for Fintech Firms Looking to Offer Digital Asset Services at Institutional Scale

Big Four auditing firm KPMG has introduced KPMG Chain Fusion, a patent pending suite of advanced analytics software that has been developed using digital asset data and technology products. As mentioned in a release, the Chain Fusion software will allow financial services providers and Fintech… Read More

Using Blockchain or DLT Doesn’t Change Investing Fundamentals, Jemma Xu from RedBlock Capital Explains

Jemma Xu, co-founder and partner at RedBlock Capital, a provider of digital investment services with a presence in Asia, Australia, and the US, says that we now have many technologically advanced securities issuance platforms and secondary exchanges. However, she points out that technology alone doesn’t… Read More

Crypto Lender Cred Hires Former US National Security Agency and Western Union Executives

Cred, a global blockchain-enabled financial services platform serving clients in around 190 countries, has hired Daniel Goldstein as its new CTO. Bethany De Lude has also joined Cred. She’ll be taking over the company’s security operations as Chief Information Security Officer (CISO). As mentioned in… Read More

Initial Doubts about Blockchain or DLT’s Usefulness are “Fading” As Fintech Businesses See it As “Integral”: Report

Big Four auditing firm Deloitte claims that Fintech industry professionals no longer think that blockchain or distributed ledger technology (DLT) is “groundbreaking and merely promising.” The professional services firm’s 2020 Global Blockchain Survey polled around 1,500 senior management professionals and found that: “Initial doubts about… Read More

Tether’s USDT Stablecoin Grows Faster on Compound Protocol than Others, Has Potential to Streamline Cross-Border Payments: Report

The global stablecoins markets recently surpassed the $11 billion mark. Many blockchain and crypto firms are beginning to realize the potential of stablecoins in facilitating many different types of transactions including cross-border or remittance payments. Tether (USDT), the blockchain-powered platform that powers the world’s largest… Read More

Blockchain Firm Matrixport Discusses Challenges of Using Crypto-Assets due to their Technical Nature, Proposes Unique Solutions

The team at Matrixport, a company that aims to serve as a gateway to the digital economy where users can trade, custody, invest, and borrow crypto-assets through a single, unified platform, recently compared the advantages and disadvantages of using centralized and decentralized finance (DeFi) solutions…. Read More

Fintech Projects like Facebook-led Libra Stablecoin Initiative, Digital Yuan, COVID-19 are Transforming Money to an Extent “Never Before Seen”: Report

Technological advancements, money and payment systems have been closely linked from the earliest days of society and human civilization. However, technology is now transforming money and global payment platforms “to an extent and speed never before seen,” according to recent paper titled, “After Libra, Digital… Read More

60% of Bitcoin Is Held by Entities that have Never Sold More than 25% of their BTC Holdings: Report

  Blockchain analysis is quite useful when conducting investigations into cryptocurrency-related transactions. It has also become essential when determining whether digital asset service providers are complying with application regulatory and compliance guidelines. Blockchain security and analysis firm Chainalysis says that it uses special software tools… Read More

Telos, one of the Most Active Blockchains, Launches Ethereum Virtual Machine Testnet on an EOSIO Blockchain

Telos, one of the “most active” blockchain platforms (according to Blocktivity), has launched an Ethereum Virtual Machine on an EOSIO blockchain. As noted in a release shared with CI: “With the launch of Telos EVM now in testnet, developers can use Solidity (programming language) to… Read More

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