Category: News
The Death of the DEX? – Radar Relay Latest to Succumb to Regulatory Pressure
The SEC has demonstrated that it will go after the decentralized exchange (DEX) and that code writers are responsible for whatever transgressions the platforms help to facilitate. This was evidenced […]
The Political War for the Marshall Islands
The President of the Marshall Islands has survived a cryptocurrency related vote of no-confidence in her leadership, which could indicate that the Republic of the Marshall Islands (RMI) might get […]
IMF Chair Christine Lagarde Encourages Central Banks to Issue Cryptocurrencies
IMF chief Christine Lagarde is urging central banks to issue their own cryptocurrencies. The IMF chair is noted for having moderate views on cryptocurrency. She previously described bitcoin as volatile […]
Ripple CEO Brad Garlinghouse Plans to Take Over SWIFT
Reports have been circulating over the past week that a partnership is in place between SWIFT and Ripple. SWIFT is the messaging protocol used between financial institutions, essentially the transaction […]
EtherDelta Pulling Ahead in the Decentralized Exchange Race
There has been a lot of hype about decentralized exchanges. While most are not up to speed in terms of the promised benefits, EtherDelta seems to be one of the […]
Iran Removed From SWIFT Messaging, Forced to Adopt Cryptocurrency
Due to US sanctions imposed against Iran, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) has removed the nation from its SWIFT messaging system. SWIFT messaging is the protocol used […]
Bank of England Denies Venezuela Access to Its Gold Reserves
The Bank of England is preventing Venezuela from repatriating its gold reserves, as per the latest reports from The Times. The repatriation is being refused because it is thought that President […]
Digital Rights Management Firm Now Accepting Cryptocurrency as Payment
A digital rights management firm based in the Netherlands is now accepting cryptocurrency as a means of payment. Fintage House has signed an agreement with blockchain-based media platform TaTaTu to […]
Ethereum Swarm Developer Believes Law Follows Will of Code
An unprecedented development is taking place where regulations and case law are moving far too slowly for the innovations taking place in industries such as DLT and artificial intelligence. According […]
CUSD, The First USD-Pegged Stablecoin on EOS
New York blockchain startup Carbon-12 Labs (“Carbon”) has released a new stablecoin on the EOS network as per a November 9th announcement. The stablecoin is known as CarbonUSD (“CUSD”) and […]
Irish Blockchain Startup to Automatically Compensate Airline Customers
An Irish blockchain startup known as Travacoin is aiming to ensure fair compensation for airline passengers. As reported in the Irish Times, the startup is seeking EUR 1.5 Million in […]
Landmark Case – 16 Major Banks Sued For Rigging Fiat FX Market
As reported by Reuters, 16 major banks (mainly US-based) are being sued by institutional investors and others for rigging the fiat FX market. Blackrock and Allianz are some of the […]
Stellar Foundation Planning Biggest Airdrop in Cryptocurrency History
Announced on the 6th of November, the Stellar Foundation is planning the biggest airdrop in cryptocurrency history thus far. USD 125 Million in Stellar Lumens tokens (XLM) are to be […]
Japanese Bank to Launch Yen-Pegged Stablecoin FBC
The First Bank of Toyama is said to be experimenting with its own stablecoin backed on a 1-to-1 ratio with the Japanese Yen, though full details have yet to be […]
eToro Investment Platform Donates USD 1 Million to GoodDollar Wealth Inequality Experiment
Investment platform eToro has announced a USD 1 Million donation towards the GoodDollar open source wealth inequality experiment. GoodDollar makes use of a cryptocurrency which would allow the unbanked to […]
Elon Musk Impersonators Steal GBP 120,000 in Bitcoin Scam
As reported by the Telegraph, bitcoin scammers were able to steal GBP 120,000 in BTC while impersonating Elon Musk on Twitter. First, the hackers took over the accounts of two UK […]
Bancor X Crypto Exchange Goes Live to Facilitate Blockchain Interoperability
In a November 5th Twitter post, Bancor announced the launch of a new type of exchange which will facilitate instant cross-chain transactions between cryptocurrencies. The new exchange is called ‘BancorX,’ […]
US Healthcare Firm iAM Turns to Blockchain to Prevent Medical Data Fraud
Fraud is a serious concern in the US health industry, which is estimated to be worth over USD 3 Trillion. There have been multiple instances where people pose as doctors […]
Crypto Loans on the Rise – BTC Used as Collateral for Canadian Dollars
It is now possible to attain a loan for Canadian Dollars (CAD) using bitcoin as collateral. The ability to use crypto as a form of collateral for fiat is a […]
Deloitte Announces Plans to Place Digital Identity on the Blockchain
On November 5th, Deloitte announced via a press release a partnership with Attest Inc to facilitate government digital identity on the blockchain. Users will be able to store government and […]