Tag Archives: blockchain

Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab

Currency ‘Cold War’ Takes Center Stage at Pre-Davos Crypto Confab

ST. MORITZ — The United States may be entering a second Cold War, according to some investors, who seem mildly curious but otherwise unconcerned about the prospect. “It’s a kind of Cold War, but not just for crypto,” said Multicoin Capital’s Beijing-based partner Mable Jiang. “Currency is the leverage.” Jiang said China’s goal is to leverage […]

2019: The Year Washington, Silicon Valley and Beijing Faced Off Over Crypto

2019: The Year Washington, Silicon Valley and Beijing Faced Off Over Crypto

2019 has been a historic year for cryptocurrency and blockchain technology.  Global state leaders such as President of the People’s Republic of China Xi Jinping and the President of the United States Donald Trump have made public statements addressing the dynamics of this revolutionary tech. Traditional tech companies such as messaging app giant Telegram and social media giant Facebook have made bold promises […]

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

The majority of asset managers that bank with State Street are interested in digital assets such as bitcoin, but none have asked the global custodian to store them yet. “We’re talking to them less about ‘Can you custody this,’ and more about how we can work together to make sure these changes aren’t disruptive to […]

Microsoft Teams up With Enjin to Offer Crypto Collectible Rewards

Microsoft Teams up With Enjin to Offer Crypto Collectible Rewards

Do good work, earn a “badger.” That’s the idea behind a new incentives scheme launched by Microsoft in partnership with blockchain gaming project Enjin. Dubbed Azure Heroes, a new web page for the initiative describes its as a “new and fun way to earn digital collectibles for meaningful impact in the technical community.” Simply, Azure Heroes rewards […]

Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

The companies announced Thursday that Curv would be responsible for helping Franklin Templeton build the transaction signing and management system for its fund. Curv, which developed a series of multi-party computation protocols, seeks to remove the need for private keys, which it calls a “single point of failure” on a blockchain platform, according to a […]

3 Ways Staking Will Upend the Economics of Ethereum

3 Ways Staking Will Upend the Economics of Ethereum

As ethereum undergoes a major upgrade in 2020, how might the economics of the second-largest blockchain begin to shift? The next major iteration of ethereum, dubbed Ethereum 2.0, will be based on a proof-of-stake (PoS) consensus protocol. This means that transactions on the blockchain will be processed and validated by users who stake wealth as opposed to […]

UAE Royal Family Acquires Stake In CPA200 Crypto Price Index

UAE Royal Family Acquires Stake In CPA200 Crypto Price Index

The Emirati royal family has taken a stake in the Crypto Price Index (CPI) project, a cryptocurrency analog of the Dow Jones Industrial Average that operates on the blockchain. The development comes as the royal family believes that volatile and uncertain digital asset markets need solutions which gauge industry-wide performance, CPI said in a Wednesday press release. “I am […]

Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Bermuda Now Accepts USDC Crypto for Taxes and Government Services

Residents of Bermuda can now pay their taxes in cryptocurrency. The Government of Bermuda announced Wednesday it will accept payments in USD Coin (USDC) “for taxes, fees and other government services,” according to a press release by crypto finance startup Circle. USDC is a stablecoin pegged to the U.S. dollar launched a year ago by […]

Bitcoin Startup Casa Updates Lightning Nodes After Shipping 2,000 in Year 1

Bitcoin Startup Casa Updates Lightning Nodes After Shipping 2,000 in Year 1

Casa, a bitcoin custody provider and manufacturer of hardware nodes for lightning, bitcoin’s scaling layer, is launching a new version of its flagship device. The new node will process transactions faster because of its larger memory unit (4 GB versus the current node’s 1 GB), better processor and new software, Casa CEO Jeremy Welch told […]

US House Passes Bill for FinCEN to Study Blockchain Use

US House Passes Bill for FinCEN to Study Blockchain Use

Congress wants the Financial Crimes Enforcement Network (FinCEN) to up its internal blockchain game with a new bill to study how the technology could be adapted for law enforcement. On Sept. 19, the House of Representatives passed legislation calling for the financial crimes regulator to study its use of “innovative technologies” — including blockchain. The bill […]