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Crypto Project Decred Adds Privacy Features To Its Coin

Crypto Project Decred Adds Privacy Features to Its Coin

On Aug. 28, cryptocurrency project Decred announced that it is adding a few new privacy-focused features to its cryptocurrency DCR.According to Decred’s official blog, the goal of these new features is to be “simple, adaptable, and creative.” The post explains:“Decred has implemented a variant of CoinShuffle++ in its wallet. Although it is possible to perform…
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Binance Funds 40 Developers To Build Open-Source Crypto Software

Binance Funds 40 Developers to Build Open-Source Crypto Software

news Malta-based crypto exchange Binance wants to spur greater research in open-source blockchain development. To that end, the exchange unveiled Binance X on Thursday, announcing that it was funding more than 40 developers conducting research into open-source crypto software. Binance X also hopes to facilitate collaboration in the Binance ecosystem by providing resources to projects in…
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Why Tether Volume Is At All-Time Highs

Why Tether Volume Is At All-Time Highs

feature A year after China banned local fiat on-ramps for crypto exchanges, Chinese traders continue to drive the market forward by using the dollar-pegged stablecoin tether (USDT). “Crypto trading businesses are restricted from accessing banking services in China, but they are thriving nonetheless,” Dragonfly Capital Partners co-founder Alexander Pack told CoinDesk. Traders generally work around…
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Ethereum Client Becomes First Public Blockchain On Hyperledger

Ethereum Client Becomes First Public Blockchain on Hyperledger

news Hyperledger has officially adopted its first public blockchain project in the form of ConsenSys’ Pantheon. The Hyperledger technical steering committee approved Pantheon’s addition Thursday morning, renaming the initiative to Hyperledger Besu (a Japanese term for base or foundation). Pantheon was first proposed as a potential new member of the consortium on Aug. 8, joining the…
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Hedera Hashgraph Blockchain To Launch, Release Coins On Sept. 16

Hedera Hashgraph Blockchain to Launch, Release Coins on Sept. 16

news Hedera Hashgraph, a blockchain-like public network for enterprises, is adding a U.S. financial giant to its governing council. Hedera announced Thursday that FIS Global will become the ninth addition to its 39-member council. Hedera also announced that it intends to launch its mainnet in beta on Sept. 16. The company claims its distributed ledger…
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UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’

UN Official: Crypto Makes Policing Child Trafficking ‘Exceptionally Difficult’

news A top United Nations (UN) official said cryptocurrencies are making international efforts to combat terrorist financing, money laundering and cyber-crime “exceptionally difficult.” Neil Walsh, chief of the Cybercrime and Anti-Money Laundering arm of the UN’s Office on Drugs and Crime, said that the anonymizing and pseudo-anonymizing attributes of cryptocurrencies provide a “new layer of…
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Why Tether Volume Surged To All-Time Highs In August

Why Tether Volume Surged to All-Time Highs in August

feature A year after China banned local fiat on-ramps for crypto exchanges, Chinese traders continue to drive the market forward by using the dollar-pegged stablecoin tether (USDT). “Crypto trading businesses are restricted from accessing banking services in China, but they are thriving nonetheless,” Dragonfly Capital Partners co-founder Alexander Pack told CoinDesk. Traders generally work around…
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Report: No Bank Account Needed To Transfer China’s Upcoming CBDC

Report: No Bank Account Needed to Transfer China’s Upcoming CBDC

Binance Research, the research arm of the major crypto platform Binance, has reported that no bank account will be necessary to use China’s Central Bank Digital Currency (CBDC).Loose coupling and anonymityBinance Research shared its findings on Aug 28. According to the report, China’s CBDC will be transferable without a bank due to its loosely coupled…
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