Nonfungible tokens (NFTs) are so hot, China can’t ignore them anymore. So, it’s building a more controllable platform for digital collectables. And only the digital yuan is welcome. NFTs are platforms for media like art and videos, which allow the creator to make an immutable...
Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you make sense of the alphabet soup of so-called “altcoins” that exists beyond that of bitcoin’s BTC and Ethereum’s ETH. We...
At a Senate Banking Committee hearing on stablecoins in December, Sen. Elizabeth Warren called decentralized finance (DeFi) “the most dangerous part of the crypto world.” Read more: Sen. Warren Calls DeFi the ‘Most Dangerous’ Part of Crypto at Senate Hearing Now, Joseph Kent, the technology...
Bank of America believes the Solana blockchain could become the “Visa of the digital asset ecosystem” with its focus on ease of use, scalability and low transaction fees, according to a research note sent to BoA clients. The note was sent after BoA hosted Solana...
TransUnion will begin offering credit information to blockchain lenders with the help of security firm Spring Labs, the two companies announced Wednesday (Jan. 12). “The move enables better-informed, privacy-preserving DeFi and Web3 applications (internet applications based on public blockchains), unlocking a new world of permissioned...
Bitcoin is off to a rocky 2022, with prices tumbling below $40,000 for the first time since September, tracking to hit its worst start to a new year since 2012 and perhaps since its inception, Bloomberg reported. The world’s first cryptocurrency lost about 14% in...
El Salvador is apparently readying a new Bitcoin law. Samson Mow, Chief Strategy Officer of Blockstream — the crypto asset firm overseeing El Salvador’s forthcoming, billion-dollar Bitcoin bond issuance — announced it in an English-language tweet on Jan. 3, according to El Salvador.com. The new...
The FinTech and RegTech solutions provider Computer Services Inc. has joined forces with the bitcoin company NYDIG to offer bitcoin services to community financial institutions. “Powered by NYDIG, the new offering allows banking customers to buy, sell, and hold bitcoin directly within CSI’s digital banking...
The Central Bank of Bahrain has completed a test of the JPM Coin with Onyx by J.P. Morgan, which allowed Bank ABC to launch real-time payment for Aluminium Bahrain (ALBA) in the U.S., according to a Wednesday (Jan. 5) press release. “We at the Central...
