Exclusive: Will Everipedia Replace Wikipedia in the Future?

Following Part 1 of our interview, Larry took a deeper dive into Everipedia in terms of governance model, staking mechanism, and public awareness. He also addressed the question that has drawn the widespread curiosity of the public: Will Everipedia replace Wikipedia in the future? For the governance module of Everipedia, the only viable alternative for updating the … Continue reading Exclusive: Will Everipedia Replace Wikipedia in the Future?

Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

Mainstream social media networks have devised an ingenious yet insidious business model. It involves having users generate content and data that then gets collected and monetized by the network. You spend lots of time posting photos, writing comments, liking/sharing content created by others…and you do it all for free. Users do all of the work. … Continue reading Steemit & Dtube: Social Networking, Blogging, and Video Sharing in the Blockchain Era

Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June. The discussion with FinCEN focused on the use of AI and ML technology to … Continue reading Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?

Ethereum Hit 1 million Daily Transactions since May 2018

As reported by leading Ethereum block explorer Etherscan, Ethereum hit over 1mn daily transactions on 28 June, the first time since May 2018 (see Exhibit 1). Exhibit 1: Daily Transactions of Ethereum Source: Etherscan There were 1,004,170 transactions confirmed on the Ethereum blockchain on 28 June, yet it is still lower than the peak on … Continue reading Ethereum Hit 1 million Daily Transactions since May 2018

Exclusive: Bitcoin – The Killer App in Africa and Latin America?

In driving financial inclusion and FinTech adoption in emerging markets, Ray Youssef, CEO of Paxful explains the key challenges in Bitcoin adoption in Africa and the strategies penetrating into the African markets. We are glad to have an in-depth interview with Ray, on Paxful’s strategies into Africa and Latin America. He also explained the biggest … Continue reading Exclusive: Bitcoin – The Killer App in Africa and Latin America?

Exclusive: Arbitrage – the Key Business Opportunity Brought by Blockchain

Following the latest update of Paxful, Ray took a step back and shared to us his inspiration to set up Paxful and what he learnt from 11 failed startups! He then identified arbitrage as the key business opportunities by blockchain and instead of decentralization, peer to peer should be the core value preposition of Bitcoin! … Continue reading Exclusive: Arbitrage – the Key Business Opportunity Brought by Blockchain

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook’s Libra continues with the hearing with the Senate Banking Committee (“Senate hearing”) on 16 July and the United States House Committee of Financial Services (“House hearing”) on 17 July. Here are the 7 key takeaways from the two hearings. Libra is centralized Regulators believed that the composition of the Libra Association … Continue reading What are the 7 Key Takeaways from Facebook's Libra Hearings?

Is Blockchain-Based Virtual Reality the Future?

You haven’t uploaded yourself to the Metaverse yet, which begs the question: what’s the deal with VR? Although it’s been around since 1968 and major companies such as Facebook, Google, and Samsung have invested in virtual reality initiatives like the Oculus Rift, headsets plus equipment can still add up to over a hefty $1000 USD; … Continue reading Is Blockchain-Based Virtual Reality the Future?

Exclusive: How is Blockchain Disrupting the Music Industry Globally?

With the widespread of blockchain technology used in different industries in the past decade, Sean Jong from K-Tune in Korea explains how blockchain can address the current pain points in the traditional music industry. He also explains the role of blockchain in royalty distribution and copyright infringement! What are the pain points in the music … Continue reading Exclusive: How is Blockchain Disrupting the Music Industry Globally?

Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

William Green, a 46-year-old American citizen of New Jersey has been indicted on one count of operating an unlicensed money transmitting business through his website, Destination Bitcoin. In a press release by the Department of Justice stated that Green was involved in the business of selling over $2 million worth of Bitcoin through his unlicensed … Continue reading Unlicensed Bitcoin Exchange Operator Faces Up to 5 Years in Prison in the US

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