A bipartisan group of lawmakers introduced legislation in the U.S. Senate Tuesday (Feb. 15) to diminish risks to the nation’s financial system by El Salvador’s adoption of bitcoin as legal tender. The Accountability for Cryptocurrency in El Salvador (ACES) Act was introduced by Sen. James...
A recent research report by Bank of America indicates that Chainlink, the industry standard oracle network across all blockchains, could be the game-changer that generates mainstream adoption of next-gen blockchain use in sectors like finance, insurance, supply chain, gaming and gambling. Chainlink was the likely...
Throughout this series of articles, we’re looking at the top blockchains in crypto to help you make sense of the alphabet soup of so-called “altcoins” that exists beyond that of Bitcoin’s BTC and Ethereum’s ETH. We will look at what they are, how they work,...
Throughout this series of articles, we’re looking at the top blockchains in crypto to help you make sense of the alphabet soup of so-called “altcoins” that exists beyond bitcoin’s BTC and Ethereum’s ETH. We will look at what they are, how they work, what they...
Cryptocurrency exchange Coinbase announced Monday (Feb. 14) that it plans to hire up to 2,000 product, design and technical staff, with Chief People Officer LJ Brock saying, “We see enormous product opportunities ahead for the future of Web3.” Last month, another top crypto exchange, Crypto.com,...
Decentralized finance (DeFI) could get split into regulated and unregulated segments as watchdogs determine the sector’s risk, according to a report by Fitch Ratings, the New York-based credit rating agency. DeFi has been loosely defined as a global ecosystem of web applications and eWallets that...
The Israel Securities Authority (ISA) is making plans to regulate the FinTech space, and will be looking at a long-term way to work with cryptocurrency in the country, a report says. The CoinDesk report Monday (Feb. 14) says there will be a “hackathon” for FinTechs...
Last Thursday, the billionaire founder of the Tron DApp platform borrowed $13 million worth of COMP, the governance token that gives owners a vote on how to run DeFi lending platform Compound. Justin Sun then used those tokens to force a vote on a proposal...
Although it has been adopted by many multinationals, blockchain is among the least understood forms of modern payment technology. Accurate information about the risks and benefits of adopting blockchain can be difficult to find among the wealth of myths circulating online and in the media....
