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DeFi is Blockchain’s Killer App
Decentralized finance (DeFi) is positioned to unite fragmented ecosystems and unlock billions of dollars in idle potential, ushering in another era of crypto innovation. The Promises of the Revolution Blockchain and cryptocurrencies brought promises of a new, decentralized, utopian world free from central banks, government, and censorship. дальше »
2020-1-10 09:26 | |
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Feared Run on British Banks Supports Calls For Decentralization
A prominent government minister in Britain has proposed the idea of closing banking institutions in order to mitigate the impact of an unstructured exit from the European Union. Analysts call the proposal ineffective and another reason to support broader arguments for decentralization. дальше »
2019-8-12 18:00 | |
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Liquidity Difficulties in China: Second Bank Bail-Out Now Reality
Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. дальше »
2019-8-1 13:50 | |
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Rakbank, Who Has Integrated RippleNet, Has CEO Asks Peers To Embrace Blockchain Technology
Rakbank CEO Peter England says that traditional banks have to work towards empowering companies that are working to develop blockchain technology. England said that APIs and distributed ledger technology present an opportunity to change the way international payments are handled, adding: “Blockchain technologies do have the potential to disrupt the financial services industry and create […] дальше »
2019-7-11 21:26 | |
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RippleNet Holds “Great Revenue Potential”, “Undoubtedly” Help Customer Service: Deputy Group CEO Of National Bank Of Kuwait
Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive. дальше »
2019-7-7 19:30 | |
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Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan
The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets дальше »
2019-7-6 17:36 | |
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The Mother of Central Banks Sounds the Alarm on Facebook's Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world's central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-25 16:18 | |
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The Mother of Central Banks Sounds the Alarm on Facebook’s Cryptocurrency Libra
The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system. дальше »
2019-6-24 16:18 | |
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Ripple’s CEO Believes Facebook’s Libra is a Net Positive for Crypto
Brad Garlinghouse, the CEO of Ripple Inc, is bullish on cryptocurrency adoption stemming from the potential to attract billions through Facebook’s latest cryptocurrency launch. In an exclusive interview with Fortune, Garlinghouse declared that more banks have come forward to enquire about using xCurrent and he believes the increased interest is a result of a massive technologyRead MoreRead More. дальше »
2019-6-22 17:00 | |
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Facebook’s Libra Crypto Launch Is Giving Jitters to Australian Banks
Coinspeaker Facebook’s Libra Crypto Launch Is Giving Jitters to Australian BanksFacebook's Libra Coin launch is giving jitters to Australian Banks who see the emergence of the Libra as a potential threat to the banking model. дальше »
2019-6-21 08:51 | |
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Bad News For Ripple As Visa Enters Cross-Border Payments Market
Visa has launched a blockchain-based platform for cross-border payments between financial institutions. This sees it enter the increasingly crowded marketplace that Ripple has been trying to carve for itself. дальше »
2019-6-12 14:00 | |
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German Central Bank Presidents Warns of Digital Currency Blaze
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More. дальше »
2019-5-30 21:00 | |
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EU Central Bank Executive Shares the Potential Upside to a Central Bank Digital Currency (CBDCs)
After the rise of Bitcoin, several central banks around the world have started to talk about something often known as a Central Bank Digital Currency (CBDC). These tokens would act as digital money that would be emitted by the Central Bank. дальше »
2019-5-28 01:25 | |
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The Roadblocks to European Fintech Expansion
“The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum. дальше »
2019-5-21 18:01 | |
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A Network of Networks Will Unleash the True Value of Blockchain
Despite all the hype, most people still think of blockchain in terms of its potential. We’re told that blockchain-enabled peer-to-peer payments and smart contracts could mean the end of banks and lawyers. дальше »
2019-5-15 19:25 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Ripple (XRP) Performance Dismal, Central Banks Link Up
Ripple (XRP) performance dismal, bulls add 1. 3 percent in 24 hours. Despite apparent efficiency, a central bank official said he sees no potential in Ripple An official from Singapore’s MAS is skeptical of retail bank digital currencies capabilities after the country’s Project Ubin linked with Canada’s Project Jasper effecting the first transaction. дальше »
2019-5-4 21:00 | |
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Ripple (XRP) Performance Dismal, Central Banks Fight Back
Ripple (XRP) performance dismal, bulls add 1. 3 percent in 24 hours. Despite apparent efficiency, a central bank official said he sees no potential in Ripple An official from Singapore’s MAS is skeptical of Ripple’s capabilities after the country’s Project Ubin linked with Canada’s Project Jasper effecting the first transaction. дальше »
2019-5-3 21:00 | |
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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies
By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. дальше »
2019-5-2 14:33 | |
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Cryptocurrency Rises 382% in a Day, Smells of a Potential Rekt’d Token Scam in Making
Cryptocurrency space is flooded with thousands of tokens and a new one gets added every other day. The vision behind Bitcoin was to create a decentralized currency system to give power in the hands of the community, rather than a big financial institution and banks holding a monopoly over people's money. However, as the popularity […] дальше »
2019-4-9 17:49 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Why Nigeria has the Potential to Make Cryptocurrency Dominant in Africa
At present, cryptocurrency is still yet to take its full course in any country on the African continent. With several hinderances from the government and traditional banks, it is nearly impossible for any cryptocurrency, be it Bitcoin or any other altcoin to receive full adaptation from African citizens. дальше »
2019-3-7 17:24 | |
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Colorado senator wants to study blockchain for water rights management
A senator in Colorado wants the state to study the potential use of blockchain technology in water rights management. A bill submitted by Republican senator Jack Tate, alongside representatives Jeni James Arndt, and Marc Catlin, outlines the reasons why the Colorado Water Institute should be authorized to explore how the technology could help maximize operational efficiency, CoinDesk reports. дальше »
2019-3-7 13:41 | |
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Lightning Dev Explains Why Bitcoin Is Poised To Become the Global Currency
When the mysterious Satoshi Nakamoto first released Bitcoin to the public, his goal was to remove the power governments and banks had over people’s money, and put the power back into the hands of the user. дальше »
2019-3-6 04:00 | |
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Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations
The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement. дальше »
2019-2-26 22:02 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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Another Plus One For Crypto: Morgan Stanley Fined For Failing to Detect Money Laundering
Major banks are often spewing anti-crypto rhetoric over its potential to be used for money laundering. So it is a little ironic when one of the world’s largest banks gets fined for not doing enough to prevent or detect it. дальше »
2018-12-27 13:00 | |
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GRAFT is Providing an Alternative to Credit Card Networks via Real-time Authorizations and Service Provider Eco-system on a Private Blockchain
A recent paper report from KPMG, one of the Big Four auditing firms, says this about the cryptoassets industry: “Cryptoassets have potential. But for them to realize this potential, institutionalization is needed. дальше »
2018-12-17 20:23 | |
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Zero Fees and Interest-free Loans in Decentralized Credit Networks
Blockchain can disrupt the traditional banking industry, enabling new business models, and making the traditional financial infrastructure more efficient. Decentralized financial networks are based on smart contracts and P2P services which replace banks as a trusted party. дальше »
2018-11-29 21:11 | |
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TransferWise Currently Not Interested in Blockchain Technology Until More Banks Use Ripple
Although blockchain technology has the potential to transform the international banking and payment network, TransferWise’s co-founder and current chairman, Taavet Hinrikus, remains quite skeptical of the emerging technology. дальше »
2018-11-21 16:59 | |
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IMF Chief Calls for Central Banks to Consider Issuing Digital Currencies
International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection. дальше »
2018-11-15 05:00 | |
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Fake News: SWIFT Is Not Joining RippleNet
CoinSpeaker Fake News: SWIFT Is Not Joining RippleNet Potential integration between SWIFT and Ripple, which would make Ripple’s products available to 4,000 new banks, is a faked rumour. Fake News: SWIFT Is Not Joining RippleNet дальше »
2018-11-9 11:22 | |
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Bitfury Mining Company Planning an IPO, and a Potential $3 Billion Valuation
Bloomberg reported on Oct. 25th that Bitfury, one of the largest cryptocurrency mining companies in Europe is considering to go public and if it does happen, it will be Europe’s first major listing by a crypto firm. дальше »
2018-10-29 14:59 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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Tom Lee Mocks Central Banks: “Do you like SWIFT because it’s backwards-compatible to the abacus?”
There is no doubt about the potential of Distributed Ledger Technologies to surpass the traditional methods of accounting and payment processing. The possibility of reducing human error to a minimum expression makes these technologies extremely attractive for businesses inside the world of finances. дальше »
2018-10-4 04:09 | |
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Europol: Terrorists Still Use Banks, Fail To Abuse Cryptocurrencies
A new assessment by Europol this week reveals a growing schism between the use of cryptocurrencies by terrorists and other criminals. No European Terrorist Attacks Leveraged Crypto Funds In its Internet Organized Crime Threat Assessment (IOCTA), the organization highlights that while the use of Bitcoin in particular by cybercriminals is growing, terrorists still prefer conventional money transfer methods — banks and wire transfers. дальше »
2018-9-21 00:00 | |
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The $234 Billion Money Laundering Case at Danske Bank’s Impossible in Bitcoin Ecosystem
This week, Danish publications reported that Danske Bank CEO has resigned amidst allegations of potential money laundering hundreds of billions of dollars, an amount that is equivalent to the market cap of crypto. дальше »
2018-9-21 14:00 | |
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Global Banks and Industry Giants to Launch an Ethereum Based Commodities Trading Platform
Fifteen international companies have launched a joint venture to digitize commodities trading through an ethereum based blockchain platform called komgo SA. “The potential that distributed ledger technologies (DLT) have in transforming. дальше »
2018-9-20 17:16 | |
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Dutch Trader Loses Reclamation Suit Against Banks That Froze His Accounts
In November 2016, a Dutch cryptotrader tried to buy his first 10 bitcoin, first using funds from his ING bank and later from ABN Amro. Both banks denied the transactions. дальше »
2018-8-18 23:22 | |
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FBI warns of massive ATM scam that could affect banks worldwide
The Federal Bureau of Investigation (FBI) recently warned banks that cybercriminals are poised to carry out an “ATM cash-out,” an operation that gives thieves access to untold sums of money by bypassing security measures on an ATM. дальше »
2018-8-14 00:24 | |
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Goldman Sachs Could Have a Crypto Custody Service in the Works
One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg. дальше »
2018-8-7 20:57 | |
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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks
Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data. дальше »
2018-7-31 20:42 | |
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