England’s Lancashire Cricket club recently announced that it has teamed up with TIXnGO, a blockchain mobile ticketing platform, to enable mobile ticketing via blockchain for all domestic and international fixtures at Emirates Old Trafford. With this, the club thus became the first-ever cricket club to use blockchain technology to sell tickets. The main advantage of...Read More
Stablecoin’s value proposition comes from its inherent feature of being censorship-resistance and increased stability than most conventional cryptocurrencies. Tether, being the most popular one, was expected to follow this norm. Most critics of Tether still argue whether this stablecoin is, in fact, censorship-resistant or not. According to Jeremy Allaire, CEO of Circle, Tether is not...Read More
The XRP community faced a bump on 24 January when Twitter decided to ban the XRP Tipbot account, a service developed by Wietse Wind, an XRPL developer and founder of XRPL Labs. Wind informed users about the ban and explained that the tips on Twitter were not being processed; he also reassured them that the...Read More
Bitcoin’s constant deterrent towards true decentralization can be attributed to the centralization of mining, with several people expressing concerns over mining sector concentrating in China in particular. A move taken to make mining more decentralized was made by Blockstream – a bitcoin and blockchain technology firm. Unveiling Blockstream mining and pool in August 2019, the...Read More
According to CBInsights’ latest report on blockchain startup investments in 2019, despite a drop in total funding dollars, investment activity in the fourth quarter of 2019 points toward pockets of opportunities for blockchain technology adoption in enterprise applications. The report also stated that total equity funding to the space, a measure of investor enthusiasm, fell...Read More
2019 ended with Bitcoin‘s price doing fairly well, and the SEC still not having approved an ETF, and interesting, the new year also followed another similar pattern with Bitwise Asset Management withdrawing its application for an ETF. With the United States Securities and Exchanges Commission continuing to show reluctance towards approving an exchange-traded fund, several...Read More
It is a great time to speculate prices in the digital asset industry with the apparent presence of bulls in the market. January 2020 catalyzed the dormant markets, and the curiosity of various analysts was piqued, on whether the current momentum would persevere over the next few weeks. Ethereum’s valuation surged past $160 mark on...Read More
At the World Economic Forum in Davos, IOHK CEO, Charles Hoskinson spoke about how Bitcoin, cryptocurrencies and blockchain technology can help the world solve numerous problems that societies struggle with today. “The whole world is changing,” he said. “We’re going from fragmented siloed markets that live within the borders of countries to one global market.”...Read More
The Chicago-based crypto derivatives platform, ErisX has partnered with Etale’s institutional trading platform. This partnership aims to enhance the trading experience for institutional investors. According to the official release, this would enable users of the Wall Street-backed cryptocurrency exchange operator to view real-time market data, manage account balances as well order execution via a secure...Read More
Back in October 2019, when J. Christopher Giancarlo, former CFTC Chairman, wrote an op-ed for the Wall Street Journal that proposed blockchain-based digital cash to tackle the issue of the declining U.S dollar, it garnered a lot of attention. Today, the global financial space is no longer new to the idea of a CBDC, with...Read More
TokenInsight, a noted data-analytics platform, has released its latest report on derivatives trading markets, with the same analyzing trading activities surrounding Bitcoin and other cryptocurrency Futures contracts in 2019. TokenInsight studied Bitcoin and altcoin Futures trading volumes from nine different exchanges, including the likes of Bybit, Binance, Deribit, and FTX, collecting data for between 1...Read More
It doesn’t come as a surprise that “don’t spend like a baller” is associated with lavish spending and basketball. With so much money coming in so quickly at such a young age, athletes are overwhelmed and end up spending it on cars, shoes, parties, and even a shark tank. But, it looks like one man...Read More
If something seems too good to be true, it probably is. The gullibility of some when it comes to money has cost them a lot of funds and the crypto-space is no different. Fake giveaways and airdrops seem like an everyday affair now. In what is a recent development, Ripple-backed web monetization platform Coil has...Read More
Cardano blockchain’s official commercialization arm, EMURGO, has announced the establishment of a “strategic blockchain taskforce” with the Uzbekistan government’s National Agency of Project Management [NAPM], the KOBEA group, and Infinity Blockchain Holdings. EMURGO’s official blog post also revealed that the firm will lead the development of a legal framework for security token offerings [STO] and security...Read More
One of the world’s leading cryptocurrency exchanges, Malta-based Binance has registered unprecedented growth since its launch. The exchange is not only adding more services on its platform, with the recent drive being the addition of more fiat support, it is also extensively working towards establishing a presence in all countries in a way that is...Read More
Facebook’s proposed crypto-project Libra did not receive the very warm welcome it once expected. However, what it undeniably did was open a much-needed conversation among many in the mainstream industry. While it does not seem likely that the hurdles for Libra will be gotten over any time soon, David Marcus was invited to the 2020...Read More
In yet another milestone for the XRP Ledger [XRPL], an open finance hub called FinNexus has revealed its plans to leverage XRPL’s technology, according to a recent blog published on 17 January. In line with its 2020 roadmap, FinNexus intends to utilize XRP Ledger to tokenize assets in terms of protocol development. The released roadmap...Read More
After barely a year into its existence, Switzerland-based SEBA bank is taking more significant steps towards expanding and manifesting its growth in the digital assets ecosystem. According to a recent report, the crypto start-up that received its banking license only in August 2019 is setting up another fundraising event, one that aims to raise over...Read More
“Financial privacy is like a fundamental right”, says Jesse Powell, CEO, and Co-founder of Kraken. But Bitcoin and other cryptocurrencies are pseudonymous, i.e., transaction information is easily available for further analysis. In response to this, new technology has been developed over the years to recreate privacy by restoring anonymity. While this gave rise to privacy...Read More
Cryptopia, Christchurch-based cryptocurrency exchange, recently announced that its directions hearing has been rescheduled to Feb. 11-14 at Christchurch High Court. The hearing was earlier scheduled with a New Zealand court for February 3, 2020. The exchange’s tweet on Jan 17 read, The #Cryptopia directions hearing has been rescheduled to 11-14 Feb @ Christchurch High Court....Read More
The Malta-based cryptocurrency exchange, Binance Holdings Limited announced entering into a strategic partnership discussion with Z Corporation, a wholly-owned subsidiary of Z Holdings Corporation and TaoTao Inc., a Japanese licensed cryptocurrency exchange. The official release stated, “Z Corp, a subsidiary of Yahoo Japan, and TaoTao will continue discussions and deliberations with Binance and begin preparation to launch...Read More
Litecoin Foundation recently announced its partnership with BlockFi, a cryptocurrency lending startup, intending to promote the use of BlockFi’s “suite of products” to provide Litecoin users with more options like earning interest on and borrowing against their Litecoin used within their platform. This partnership, as Litecoin Foundation noted, would produce additional options and liquidity opportunities....Read More
On the latest episode of the ‘On The Brink’ podcast, CEO and Founder of Messari, Ryan Selkis, spoke about the state of the cryptocurrency industry, exchanges, regulations, and the outlook for 2020. According to Selkis, predominant data providers, and not exchanges, will benefit the most if cryptocurrency is as revolutionary for finance as the Internet...Read More
Riccardo Spagni, well-known as Fluffypony on social media platforms, yet again, spoke about privacy while speaking about Tari, and financial privacy, in an interview for Monero Talk. Tari, a decentralized assets protocol, will be built on top of Monero, with its own native token. The protocol will work as a merged-mined sidechain, along with enabling...Read More
With over 100+ days left for Bitcoin’s halving, it is time to take a look at how Bitcoin might react to its 3rd halving [halvening]. Unlike previous times, the narrative around Bitcoin has changed. The arguments on halving keep getting more pronounced as the date nears. Some argue that Bitcoin is priced in for the...Read More
After the launch of the incentivized testnet, the IOHK and the Cardano ecosystem has been ramping up its tech and is currently focused on network and stability improvements. In line with this, the CEO of IOHK, Charles Hoskinson revealed that the Rust team is all set to deliver a network patch for the ITN in...Read More
With the advent of Bitcoin came industries that were never foreseen, and one of the prominent ones is the mining industry. Undermining Satoshi Nakamoto’s rule of ‘one CPU, one vote,’ the mining of the largest cryptocurrency has been completely overtaken by ASIC miners. Since its inception, there has been a divided sentiment surrounding whether ASIC...Read More
Andreas Antonopoulos, the author of Mastering Bitcoin and Mastering Ethereum, recently spoke about the scenario that could unfold in the case of a 51 percent attack, in a Q&A session on YouTube. The well-known influencer also spoke about the reason why Bitcoin was immune to such an attack. After summarising all the things an attacker cannot...Read More
Cryptocurrencies are any digital currency with no central issuing, regulating authority, one that exists only on a decentralized ledger called blockchain. Sounds clear enough, right? Well, not quite, if you consider how differently they are treated by tax agencies around the world. Nothing is better evidence of the global crypto-confusion than an examination of how...Read More
On the latest episode of the Unconfirmed podcast, host Laura Shin spoke to Nate Maddrey, senior research analyst at CoinMetrics, a Bitcoin and crypto-asset data analytics firm. During their conversation, Maddrey mentioned how 2019 had been a big year for stablecoins overall, and that Tether is still, by far, the most dominant stablecoin in terms...Read More
