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US Secret Service Creates Finance-Related Cybercrime Task Force
12.7.2020
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters
OCC Seeking to Remove Structural Barriers to Financial Inclusion
11.7.2020
The OCC launched a project to identify ways to improve financial inclusion and remove barriers to credit access
ING Joins Crypto Industry Body Working to Set Codes of Conduct
9.7.2020
The banking group has joined crypto industry body Global Digital Finance to help develop best practices for custodial firms and wallets
Security Is the Biggest Challenge for DeFi’s Continued Growth, Says Exe
9.7.2020
The founder of blockchain security company Quantstamp, Richard Ma, said security is the biggest challenge for DeFi’s growth
TikTok Let the Doge Out: Why TikTok Doge Is Everything About 2020 Finance in One Story
8.7.2020
After a week of viral videos on TikTok, dogecoin is up 35% in price and 2,000% in volume. What gives?
About 90% of Bitcoin Investors Worried About Fate of Their Assets After Death: Study
8.7.2020
Nearly 90% of cryptocurrency investors worry about what will happen to their assets after they die, but few plan appropriately. Younger investors are particularly culpable, barely thinking beyond their own lives. According to a new study by the Cremation Institute, only about one quarter of bitcoin...
Institutions Will Drive Mass Adoption of Blockchain in Finance, Says Expert
8.7.2020
Blockchain experts discuss how institutions will play a major role in the mass adoption of blockchain-based financial infrastructure
Chinese Steelmaker Settles $16 Million Iron Ore Deal on Blockchain
8.7.2020
A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd
Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction
8.7.2020
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...
New Kyber Upgrade Deployed to the Ethereum Mainnet
7.7.2020
Kyber Network recently put KyberDAO and a protocol upgrade into play
European Blockchain Ecosystem Needs €350 Million for the Next 18 Months
7.7.2020
A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months....
Tron to Set Foot Into DeFi but Fails to Impress Crypto Twitter
6.7.2020
Justin Sun announced three upcoming DeFi products from Tron, but crypto Twitter didn’t seem impressed
Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments
4.7.2020
More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they...
Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation
3.7.2020
A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much larger than what is recorded in circulation. At press time, Compound statistics show there’s $523 million worth of DAI held in reserves, while...
Interoperable Blockchains May Be the Future of Finance but Have a Ways Yet to Go
3.7.2020
As interoperable blockchain solutions gain traction, many believe that the technology is still relatively nascent and needs more polishing
Why the Robinhood Revolution Is the Future of Finance, Feat. Jill Carlson
2.7.2020
Far from a fly-by-night, uneducated mania, the new day trader class represents a much more significant force for how public markets are changing
SBI Invests $30M in B2C2, Largest Proclaimed Market Maker in XRP
1.7.2020
SBI invests $30 million in major crypto liquidity startup soon after revealing Japan’s first digital fund comprising 50% XRP
Decentralized Exchange Volumes Up 70% in June, Pass $1.5 Billion
1.7.2020
June trading volume on decentralized exchanges set a record high of $1.52 billion, up 70% from May
Canada's Digital Dollar Should Focus on Inclusion and Accessibility, Say Experts
30.6.2020
Experts from the Bank of Canada have released their thoughts on how a digital dollar should be available to all Canadians
‘Sophisticated’ Hacker Plunders $450,000 From Defi Protocol Balancer
29.6.2020
Decentralized finance (Defi) protocol ​Balancer was on Sunday hacked for more than $450,000 worth of cryptocurrency. In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens. Pools with Sta...