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Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets
20.7.2021
On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre...
Candidate for Kenyan Elections Body Says Adopting Blockchain Will Reduce Ballot Costs by 300%
19.7.2021
An aspirant to the post of commissioner with the Kenyan Independent Electoral and Boundaries Commission (IEBC) has urged the elections body to consider adopting blockchain technology. According to Justus Abonyo, a former official with the Social Democratic Party of Kenya, doing this will help Kenya...
Circle CEO Says USDC to Take High Road, But It’s a Long Road
8.7.2021
Jeremy Allaire made the promise at a time when investors have been demanding more transparency around USDC
EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
8.7.2021
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. Europe Steps Up Anti-Money...
South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin
3.7.2021
One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving...
Bithumb to ban employees from trading crypto on its platform
2.7.2021
After introducing staff-related trading restrictions a while ago, Bithumb will soon completely ban its employees from using its platform to trade crypto
World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues
17.6.2021
The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said...
Italy’s Financial Watchdog Raises Concerns Over Unregulated Cryptocurrency Market
16.6.2021
The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said....
Concordium Debuts its Business-Oriented Blockchain Mainnet
10.6.2021
After years of development, Concordium has unveiled its permissionless blockchain and MVP that is designed to meet the needs of enterprises by delivering transparency and governance, all with an orientation towards protecting user privacy. Identity-Centric Network to Promote Broader Business...
Tether mints more coins to break $60 billion market cap
25.5.2021
Massive volatility on crypto markets has been always associated with an uptick on stablecoin markets, a Tether exec noted
Elon Musk Convinces Miners to Form ‘Bitcoin Mining Council’ to Promote Renewable Energy Usage
24.5.2021
Tesla CEO Elon Musk has spoken with North American bitcoin miners and they have committed to forming a Bitcoin Mining Council to “promote energy usage transparency & accelerate sustainability initiatives worldwide.” They have also agreed to publish their current and planned...
Skeptics Keep Tether Busy Despite Latest Transparency Round
18.5.2021
After revealing their reserves breakdown, Tether, the issuer of the most popular stablecoin, tether (USDT), still needs to respond to skeptics that remain unconvinced by the latest numbers and what might be behind them.
This time, despite the settlement with the New York Attorney General’s Office...
US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections
7.5.2021
US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of...
S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether
4.5.2021
S&P Dow Jones Indices introduces three crypto indices to bring transparency to the emerging cryptocurrency market
Report Claims Ukrainian Officials Hold Over $2.6 Billion in Bitcoin
10.4.2021
The latest declarations from Ukrainian public officials revealed a billion-dollar amount of money they allegedly own in bitcoin. An online incentive gathered data from 791,872 state employees and 652 respondents disclosed their crypto holdings. The Biggest Crypto Holder in the Report Has 18,000...
XELS Launches Eco-Conscious Blockchain Platform for Carbon Offset Credits
7.4.2021
PRESS RELEASE. Blockchain-based carbon offset platform XELS provides global access to the decentralized carbon market and its ERC20 token will launch on Bittrex Global on April 8th, 2021. 7th April 2021, Date Tokyo, Japan — XELS is one of the leading startups tackling climate change...
Assurance Report Says Tether Stablecoins Are Fully Backed- Firm Exceeded Its Consolidated Liabilities
1.4.2021
The company behind the world’s largest stablecoin disclosed a report by aiming to show “transparency commitment” to clarify whether Tether’s reserves are fully backed or not. Tether Holdings Limited published its “Assurance Opinion” issued by an auditing firm...
Blockchain can stamp out fake news and rebuild trust in mass media
13.3.2021
Blockchain technology implemented in the media industry will help to prevent fake news from spreading
Twitch's First Transparency Report Is A Start, But Streamers Want More
2.3.2021
Today, Twitch released its first-ever transparency report, a lengthy, stat-based look at the platform’s safety initiatives over the past year. It contains some interesting, albeit granular, information about Twitch’s efforts to cut down on hateful conduct, sexual harassment, and even terrorist...
Quintana Roo Uses Avalanche for Legislative Transparency
2.3.2021
In an exciting implementation of Avalanche’s technology, the Mexican State of Quintana Roo has become the first Congress to use the digital certification technology for the process of its legislative documentation. The new system is based on file management and correspondence and ensures that...