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Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?

Exclusive interview with Jack Platts: Part 2 Following the technical underpinnings of Polkadot in Part 1, Jack Platts, Head of Collaborations Web3 Foundation reveals their effort towards the goal of the decentralized web! He also explained the governance and technical challenges in achieving a decentralized web! How Web 3 Foundation can achieve a truly decentralized … Continue reading Exclusive: Can Web3 Foundation Achieve a Truly Decentralized Web?

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July. The recent statement highlighted that any entity involved in the transactions with digital asset securities must register with the SEC as a broker-dealer, and … Continue reading US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

A cryptocurrency index fund provider Bitwise based in the US is of the opinion that the Facebook-owned stablecoin Libra has accelerated the growth of cryptocurrencies by three years. This was stated in a letter published to investors on August 1. The attention given to Bitcoin by Libra Libra, which has been gaining substantial attention since … Continue reading Bitwise: Facebook’s Libra Moved Bitcoin and Cryptocurrencies Ahead by Three Years

Cryptoaddiction: The Uglier Side of Digital Currencies

John almost dropped the phone as he fumbled the handset out his pocket, his hands trembling with a heady mix of anticipation and fear. For the seventh time in the past hour, he opened a browser tab to check the most up-to-date price of his favorite obsession: Bitcoin. A figure flashed on the screen, and … Continue reading Cryptoaddiction: The Uglier Side of Digital Currencies

The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem

As the financial media outlets are pushing Bitcoins with all her energy, a Harvard University Professor of Economics and Public Policy Kenneth Rogoff ascribed as a crypto Evangelists and has released some publications in the field of cryptocurrency opines that, with the massive push cryptos are getting, there would be a comprehensive market takeover where … Continue reading The Fate of Cryptocurrencies in a Fast-Changing Financial Ecosystem

Blockchain Market Report: 2019 H1 Review

The end of bear market? Bitcoin’s price has bounced back to over USD 10,000 since late Mar with surging institutional demand being the main driver for Bitcoin’s revival. We witnessed a number of interesting trends in H1 2019. Initial exchange offerings (IEO) caught widespread attention following the token sale of BitTorrent (BTT) on Binance Launchpad. … Continue reading Blockchain Market Report: 2019 H1 Review

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January. Since then, Maker has no plans to refile. DeFi’s product portfolio is varied, from loan to loans and commercial products. … Continue reading Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

Applying Blockchain to CHESS, the Australian Securities Exchange (ASX) will use blockchain for its registry, settlement and clearing system by 2021. A recent press release shows a new agreement with the NYSE listed companies namely VMware and Digital Asset holding and the ASX for the replacement of the CHESS system by 2021. The three-party memorandum of understanding … Continue reading Australian Securities Exchange Partners with VMware to Go Blockchain in 2021

Premier League Champion Manchester City Tokenizes its Players via Superbloke

The Premier League championship, Manchester city had signedSouth Korea’s Superbloke who is a sports game developer, to become the Club’s official blockchain-based gacha gaming partner in Korea, Japan, and South-East Asia. Gacha games involve virtual currency. The club will now be featured in the Superbloke’s online game FC superstar. This development is said to enable … Continue reading Premier League Champion Manchester City Tokenizes its Players via Superbloke

Terrorist Groups Use Telegram for Raising Cryptocurrencies

Terrorist groups, including ISIS, Al-Qaeda, and Hamas, are using several social media platforms, including Telegram, to raise funds via cryptocurrencies. The Jewish News Syndicate reported that the Washington-based Middle East Media Research Institute (MEMRI) provided evidence of the crypto fundraising via Telegram. MEMRI mentioned that Hamas’ military wing, Al-Qassam Brigades used Telegram, Facebook, and Twitter to … Continue reading Terrorist Groups Use Telegram for Raising Cryptocurrencies