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Can Circle Win the Stablecoin Wars?
Circle wants USDC to be king of the stablecoins, but a lot of things will have to go right for that to happen.
Circle CEO Jeremy Allaire has big plans for his company and for USDC, the stablecoin it operates. In a blog post this week, Allaire wrote that Circle intends to become a federal bank and that he expects USDC to "grow into hundreds of billions of dollars in circulation." Read More
Kraken Donates $250K to Open Source Ethereum Developers
Kraken, the cryptocurrency exchange founded in 2011, announced on Tuesday that the firm is donating $250,000 toward Ethereum blockchain upgrade efforts. The company said that it believes in “collaborative efforts and support” can help bolster Ethereum in the long run. Read More
This Third Generation Blockchain Just Launched a New Class of DEX
Decentralized exchanges have gained significant traction amidst revived interest in blockchain technology overall. Users are entrusting billions of dollars with decentralized exchanges, ushering in a new era of finance-driven by the so-called decentralized finance (Defi) industry.
Decentralized exchanges exhibit key improvements over traditional exchanges, such as decentralization, automation, and continuous liquidity. Read More
The Potential Of Blockchain To Revolutionise The Maltese Maritime Industry
Malta is a key player in the field of Maritime and Shipping law with one of the deepest natural harbors in the world, and the largest shipping register in Europe. Furthermore, the Malta Freeport is one of the most successful trans-shipment centers in Europe.
When analyzing the application of blockchain in this field, it is evident that it could impact a large number of aspects, including logistical, contractual, and traceability aspects. It could also impact the manner in which ships are registered and the way in which documentation is stored. Effectively, it could impact the entire process involved in transactions, making each transaction more efficient and possibly even cheaper. Read More
Kinesis has introduced Bitcoin Cash to the Kinesis Exchange
We are pleased to announce that Bitcoin Cash is now tradeable on the Kinesis Exchange.
This important addition to the Kinesis Monetary system allows Kinesis users to benefit from the broadening range of carefully selected and the most sought-after currencies on the crypto market.
Bitcoin Cash (BCH) is one of the most popular cryptocurrencies available today, currently ranked among the top 15 of all cryptocurrencies, based on its market capitalization. Read More
Decentralization Empowering People
We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other. Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.
It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives. Read More
DcSpark Begins Development For First Ethereum-Compatible Sidechain On Cardano
dcSpark, a product-oriented blockchain firm building critical solutions for the crypto space, has announced the development of an all-new sidechain project, Milkomeda.
The sidechain will feature an EVM-based technology (Ethereum Virtual Machine) that will be compatible with both Cardano and Ethereum, as well as other latest generation blockchains such as Solana and Polkadot. The sidechain will aid non-EVM cryptocurrency protocols to achieve and maintain mass adoption, providing seamless and intuitive user experiences for all. Read More
Chainlink Partners With Solana, Launches Price Feeds On Solana Devnet
Chainlink, an oracle network powering hybrid smart contracts, has partnered with Solana, a high-performance decentralized blockchain.
The partnership has enabled Chainlink’s Price Feeds oracle system for decentralized finance (DeFi) to be launched live on the Solana Devnet at sub-second updates. Chainlink says that it has planned mainnet integration for the oracle before the end of Q4. According to Chainlink, the integration was a result of months of close collaboration between Solana Labs and Chainlink’s development team. Read More
Cardano Foundation partners with Coinfirm for FATF and 6AMLD compliance
Coinfirm said it would be able to provide the same AML/CFT analytics for assets minted on Cardano, a number that may grow as the project prepares to expand to smart contracts.
The nonprofit organization behind Cardano has partnered with blockchain analytics provider Coinfirm to ensure ADA is in compliance with the Financial Action Task Force’s guidelines.
In a Tuesday announcement, the Cardano Foundation said it would be using Coinfirm’s services to provide Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) analytics for Cardano’s native cryptocurrency, ADA. According to the foundation, the integration will allow the project to be “in full compliance” with the guidelines set forth by the Financial Action Task Force, the European Union’s Sixth Anti-Money Laundering Directive, or 6AMLD, and other regulations applicable to Cardano. Read More
Let’s be clear: Blockchain technology is infrastructure
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution.
In recent weeks, the blockchain industry made headlines as it engaged in intense discussions with lawmakers after a $28 billion crypto tax reporting proposal unexpectedly became part of the Bipartisan Infrastructure Deal (BID). Ultimately, the BID language was unchanged, leaving uncertainty for the companies that build on blockchain, especially those dedicated to its value beyond cryptocurrency trading. Though unsuccessful in their bid to amend the language, many are claiming victory over the industry finding its voice in the negotiations. Now, it needs to use that voice to refocus the conversation on what really matters — the fact that blockchain technology is infrastructure, not just a revenue source to fund it. Read More
El Salvador Could Set Precedent for Bitcoin Remittance Payments
By adopting Bitcoin as legal tender, El Salvador is setting an example that could be followed by other Central American countries.
Specifically, these countries are waiting to see if the adoption of bitcoin as legal tender cuts the cost of remittances. Notably, a recent report from Bank of America anticipates that this will be just the case. “If the cost of remittances drops substantially… other countries will probably seek that advantage and adopt it,” said Dante Mossi, the executive president of the Central American Bank for Economic Integration (CABEI). Read More
ZenX To Incubate Leading AgTech Provider Dimitra
AgTech Provider Dimitra will be incubated by CeDeFi incubator ZenX.
Its smart modular architecture and technology will let farmers enhance farming techniques.
Dimitra will let farmers access 360° technology, previously only available to large providers. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
