Tag Archives: Blockchain Technology

Members of Congress are urging Treasury Secretary Steven Mnuchin to use the blockchain to send out Americans’ stimulus payments.Will Blockchain Empower the U.S.?The request is coming a little late considering about 80 million people have already gotten their stimulus money by direct deposit. In addition, several other checks are already in the mail and making their way to recipients’ homes. That said, it’s an interesting notion that the U.S. Congress is becoming so “blockchain focused.”It was...

Several cryptocurrency exchanges are looking to build their own blockchains, which means that somewhere down the line, we’re likely to see the birth of several crypto exchange-birthed tokens.Exchanges Are Making Their Own BlockchainsSome trading platforms have already made this goal a reality. Binance, for example, is the largest and most popular cryptocurrency exchange by volume. The asset trading company has given rise to both Binance Coin (BNB) and Binance USD (BUSD), which is the...

Crypto custodial firm Curv is building a new office in the Asia-Pacific (APAC) region.Curv Is Looking to Ensure Institutional Players Get a ChanceThe company offers digital assets and cryptocurrency services to institutional traders. Over the years, an institutional presence is widely considered a huge and necessary factor in bringing cryptocurrency closer towards mainstream territory. Many have sought to avoid crypto like the plague out of fear that their digital holdings could potentially...

Yele Bademosi is the 29-year-old director of a venture capital firm known as Bundle. A division of Binance – the world’s largest and most popular cryptocurrency exchange by daily trading volume – the venture is based in Africa, which appears to be a growing hub for cryptocurrency activity.Bademosi: Using Blockchain to Help OthersAmong the most recent “African adventurers” touting crypto include Jack Dorsey, who stated a few months ago that he would spend anywhere between three and six months...

The decentralized finance (De Fi) arena is growing rapidly despite the recent falls of cryptocurrencies.De Fi: The Future of Money?As digital currency assets are dropping in price thanks to the coronavirus pandemic, the industry of decentralized finance is experiencing positive results. The arena centers on users providing and receiving digital currency payments to garner goods and services without the necessity of third parties or regulatory steps.Bobby Ong – the co-founder of Coin Gecko, a...

Encrypted messaging service Telegram is putting up a fight with the Securities and Exchange Commission (SEC).Telegram Is Duking It Out with the SECThe company is in hot water after the government organization claimed Telegram had failed to properly register a token offering a few years ago that resulted in more than $1 billion in revenue for the messaging service. The enterprise made quite a bit of money after promising delivery of its new “gram” tokens to several individual investors, though...

Crypto Kitties is one of the biggest applications to be built atop the Ethereum network, but its creators are now looking to say goodbye to the world’s second largest cryptocurrency by market cap.Crypto Kitties Is Making a Home ElsewhereThe Ethereum blockchain has come under high scrutiny as of late. Once the most popular blockchain network for new tokens and applications, the platform has been hit hard by the amount of traffic it’s attracted since its birth in 2015. This traffic has resulted...

The Celo Foundation has unveiled a new cryptocurrency network designed to assist people of lower standing.Celo Seeks to Introduce “Crypto for Everyone”In other words, people who are poorer or who don’t have direct access to traditional financial programs are likely to benefit the most from the organization’s latest development. Known as the Alliance for Prosperity, the network is supported by more than 50 firms around the world including Mercy Corps and is seeking to create financial tools...

Popular FOX show “The Simpsons” – which at this stage, has enjoyed a 30+ year run on television – recently hosted an episode that sought to teach viewers about cryptocurrency. Could this be a surefire sign that digital assets are becoming more mainstream?“The Simpsons” Talks About the BlockchainThe episode starred Jim Parsons, who played Sheldon Cooper on “The Big Bang Theory.” Parson’s character is an animated digital ledger that has a song-and-dance number in which he tries to delve into...

Crypto and blockchain job seekers are in for a treat. One of the primary financial regulators – the Financial Conduct Authority (FCA) – in the United Kingdom is looking for someone who can serve in a crypto/ blockchain capacity and help them better understand the properties and abilities behind distributed ledger technology.The FCA Is Searching Far and WideThe job post reads as follows:You will enjoy a unique view of the financial services industry, law enforcement partners and UK government...