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Shanghai Issues Draft Blockchain Standards, National Effort to Follow

11.9.2020
Shanghai. Shanghai is set to issue China’s first local blockchain security standard ahead of national efforts to rollout countrywide blockchain protocols, per reports from the Middle Kingdom. According to state-owned media outlet Xinhua, the Shanghai government’s Shanghai Information Security...

SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency

10.9.2020
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...

Multiplier DeFi (Beta Release) Targets Tokenized Bonds

2.9.2020
1st September 2020, Hong Kong – Multiplier DeFi protocol has successfully completed a full audit by leading blockchain-based form verifier, and cyber security expert Certik. Following approval for its advanced blockchain protocol, Multiplier will commence its DeFi beta release on...

Bitcoin Bull Mike Novogratz Says to Hold More Gold Than Bitcoin

10.7.2020
The billionaire investor Michael Novogratz recently detailed in an interview that he thinks global investors should hold more gold in their portfolios and own less bitcoin. Novogratz’s statements follow his recent advice last month when he said investors should “watch gold...

Stellar Elevates Global Payments System; XLM Yet to Follow

1.7.2020
The payment industry has always been triggered by the word “instant” global payments, and the need for quick money transfers is a global want in situations like the Pandemic that is ongoing. However, the traditional payment industry includes the middlemen commission, which increases the fee for...

Bitcoin And Ether Rally, Other Altcoins Might Follow Soon

23.6.2020
In the past few hours, bitcoin price gained bullish momentum and rallied above the main USD 9,550 resistance level. It opened the doors for more gains and BTC traded close to USD 9,800. The price is currently correcting lower, but dips are likely to find a strong buying interest near USD 9,600...

Institutional Investors Set for Herd-like Move to BTC, Says Kraken CEO

17.6.2020
More institutions will follow those already in the bitcoin (BTC) space, as their mentality is generally that of "a herd," said Jesse Powell, CEO of major crypto exchange Kraken in an interview with Bloomberg TV. He also opined that bitcoin is already a store of value, and will soon...

Russian Ministry Slams Bill to Ban Crypto: Will India Follow the Suit?

13.6.2020
The world is standing still this year, every other day we come across something that makes us question, what else are we going to witness this year? And yesterday it was yet another day where the crypto community in India was left in doubt when the finance ministry of India proposed a bill in...

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