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ING Report: How Blockchain & DeFi Will Change The Financial Landscape

Multinational banking services provider ING bank has lent its voice in the ongoing debate surrounding decentralized (DeFi) and centralized finance (CeFi). In a detailed whitepaper published on its website, the Amsterdam-based financial institution expounded on the pros and cons surrounding DeFi and how centralized finance could help institute a new economic system. дальше »

2021-5-7 20:01


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Researchers Spot New Cryptocurrency Stealing Malware Advertised Under a Subscription Model

A cryptocurrency-related malware program has been advertised on darknet forums as the “leading way to make money in 2021,” raising alarms among the cybersecurity community. Palo Alto Networks published a report on the malicious app Westeal, detailing the author’s ties with other types of malware that steals major streaming services accounts. Westeal Claims to Be […] дальше »

2021-5-5 11:30


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Venezuelan Crypto Regulator Sunacrip Strengthens AML/KYC Requirements for Virtual Asset Service Providers

Sunacrip, the Venezuelan cryptocurrency watchdog, has recently published a new set of AML/KYC requirements for VASPs (Virtual Asset Service Providers) that establishes new and updated rules about the kind of information these providers must require and share with the Venezuelan government, raising alarms in the cryptocurrency community about what the government could do with this […] дальше »

2021-5-3 15:30


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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […] дальше »

2021-5-3 10:30


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Bitcoin vs Ethereum: Investment Bank JPMorgan Explains Why ETH Is Outperforming BTC

Investment bank JPMorgan has published a report explaining why ether is outperforming bitcoin. Citing several key reasons, the firm concluded that “there is evidence of more resilient liquidity, less reliance on derivatives markets to transfer and warehouse risk, and more durable underlying demand base – for now at least. дальше »

2021-4-30 05:30


According to Chainstack Report: Ethereum based protocols are one of the clear leaders in the enterprise blockchain space

Chainstack publishes report looking at growth of enterprise blockchain protocols. The team of Chainstack, creators of an accessible and easy-to-use platform to build, run and scale blockchain applications — has published a report on the Growth of Enterprise Blockchain Protocols. дальше »

2021-4-24 09:42


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Norway: Central Bank Announced Plans to Begin Testing CBDC Solutions

Norway’s central bank could be the next to join the CBDC race. Norges Bank Working on CBDC According to a report by Ledger Insights published on April 23, Norway’s central bank – Norges Bank – announced that its working group for CBDC has commenced exploring technical solutions for a functional CBDC. Notably, although Norway isRead More дальше »

2021-4-24 23:01


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Nigerians Shun Local Currency— Seek to Protect Wealth From Inflation and Currency Depreciation with Foreign Currency

Nigerians are thought to be accumulating foreign currencies which they believe will protect their wealth from the naira’s volatility as well as the surging inflation. Further, as a research paper in a journal published by the Central Bank of Nigeria (CBN) found, Nigerians’ use of dollars exceeds IMF’s 30% threshold. Exchange Rate Volatility and Currency […] дальше »

2021-4-23 13:30


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Bank of England and HM Treasury Create Taskforce for Proposed CBDC Project

The Bank of England (BoE) and Her Majesty’s Treasury (HM Treasury) have jointly created a task force for the UK’s proposed central bank digital currency (CBDC) project. Taskforce to Explore Modalities for UK’s CBDC In a press release published on Monday (April 19, 2021), the BoE and the HM Treasury instituted a Taskforce that wouldRead More дальше »

2021-4-20 23:00


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Switzerland: Custody Firm to Offer DeFi, Proof-of-Stake Services to Banks

Traditional banks are steadily dripping their feet in the DeFi waters. METACO to Offer DeFi Services to Banks According to a Coindesk report published on April 13, Swiss crypto custody firm METACO is expanding its suite of services to enable clients to get exposure to more niche landscapes within the cryptocurrency industry such as decentralizedRead More дальше »

2021-4-14 13:01


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Bitcoin’s Creator Satoshi Nakamoto Is Now a Member of the Top 20 World’s Richest People

This week our newsdesk covered the world’s wealthiest cryptocurrency billionaires after the American business magazine Forbes published the 2021 list of billionaires. Now it was mentioned in our report that Satoshi Nakamoto didn’t make the cut, even though Bitcoin’s inventor is one of the wealthiest people in the world. дальше »

2021-4-13 23:30


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Galaxy Digital Seeking to Launch Bitcoin ETF in the U.S.

Galaxy Digital, a digital assets investment management firm, has become the latest company to file for a Bitcoin exchange-traded fund (ETF), with the U.S. Securities and Exchange Commission (SEC). Galaxy Digital Files for Bitcoin ETF In a Form S-1 published on Monday (April 12, 2021), Mike Novogratz’s Galaxy Digital stated its intention to launch aRead More дальше »

2021-4-13 19:15