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Why On-Chain Governance Is Critical for Blockchain Growth and Longevity


The decentralized properties that make blockchain architecture unique can also be its Achilles heel, demonstrating the importance of bringing network governance on-chain to promote a more inclusive and democratized consensus on network upgrades. Governance Transformation Is the Key To Unlocking...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow


The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets


Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers...

Bank of England Governor Bailey Says Cryptocurrencies Are ‘Dangerous’


Known for his reluctant stance on decentralized money, the Governor of Bank of England (BOA), Andrew Bailey, has recently taken his anti-crypto rhetoric up a notch. Speaking at a meeting with lawmakers in London, Bailey stated that cryptocurrencies are “dangerous.” Andrew Bailey Remains...

Bank of Korea to Monitor Crypto Transactions Using Financial Records


South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk...

China’s Blockchain Investment Growth Is Slowing Down


Beijing. The growth of China’s blockchain business expansion appears to be slowing, per a new report – a sign that the blockchain explosion of the past two years appears to be quelling. In October 2019, Chinese President Xi Jinping gave a speech where he called blockchain technology “an important...

Why does Bitcoin have More Scope for Growth?


The year 2020 turned out to be exceptional in more ways than one. The breakout of the pandemic, bushfires in Australia, restrictions on global travel, and the novel concept of quarantine and lockdown – we have seen them all in 2020. The economic meltdown across the globe was also one of...

Ripple Resumes Programmatic XRP Sales, Citing ODL Growth


The so-called “programmatic sales” of XRP (essentially meaning open market exchange sales) have made another return – with major blockchain company Ripple once again claiming it's due to On-Demand Liquidity (ODL). In their May 6 report, Ripple wrote that, for "well over a year," they have...

Ripple-SEC Lawsuit Latest Update: Will XRP Maintain its Growth?


The Ripple-SEC lawsuit has heated up owing to the latest motion filed by the SEC claiming the dismissal of “lack of fair notice and due process” defense put forth by Ripple. In the case of SEC v. Ripple, Ripple claims that the XRP token can be deemed to be a security asset. Although the CEO …

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