Capital One Seeks Blockchain Patent for ‘Collaborative’ Authentication Tool
In a patent filing released Thursday, Capital One set out a blockchain system its says allows secure user authentication across multiple platforms.
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Hyperledger’s Brian Behlendorf Says Blockchain’s Potential Is “Hitting a Tipping Point”
Brian Behlendorf, executive director of HyperledgerLast December Brian Behlendorf is the Executive Director of Hyperledger said that 2019 was a year of “careful, prosaic BUIDLING.” Now, in an interview with CoinDesk’s Michael Casey at Davos, Behlendorf said he believes a lot of what the blockchain ecosystem was building is getting closer to becoming a net…

PayPal’s Stablecoin Part of Third Largest Liquidity Pool on Curve
Payments services provider PayPal's dollar-backed stablecoin PYUSD's use in decentralized finance (DeFi) seems to be gathering traction.A recently launched liquidity pool comprising PYUSD on the automated market maker (AMM) platform, Curve, boasts $135 million in total value locked (TVL), the third largest behind the popular 3pool.In addition to PYUSD, issued by regulated company Paxos, the

EU Blockchain Group Launches With SWIFT, Ripple Onboard
news SWIFT, IBM, Ripple and around 100 other firms and organizations have joined a new blockchain association to promote adoption of the technology across the EU. A European Commission initiative, the new group – the International Association of Trusted Blockchain Applications (INATBA) – is launching Wednesday in Brussels, Belgium. INATBA has been set up as…

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
Blockchain-based anti-counterfeiting tools show promise, the European Union Intellectual Property Office (EUIPO) said in a Monday post, after a trial involving brands, border control and logistics operators.EUIPO has finalized a proof of concept "having engaged in real-life operational tests with four brands, two logistics operators and a customs authority,” following a months-long trial, which showed…

Mastering Blockchain: A Virtual Book Launch in a Physically Distant Yet Still-Connected World
Dec 9, 2020 at 1:01 p.m. UTC(Wikimedia Commons, modified by CoinDesk)Mastering Blockchain: A Virtual Book Launch in a Physically Distant Yet Still-Connected WorldThere is a shared sense that the world has shifted. “Mastering Blockchain: Unlocking the Power of Cryptocurrencies, Smart Contracts, and Decentralized Applications” by Daniel Cawrey and Lorne Lantz from O’Reilly Media is a masterful…

Crypto CEO Sentenced to 3-Year Jail Term for Faking Trading Volume
news Two executives from South Korean crypto exchange Komid have been handed down jail time for faking trading volume and deceiving investors. According to a report from CoinDesk Korea, the firm’s CEO Hyunsuk Choi received a three-year sentence for his role in the crime, as well as for embezzlement. Another member of the team, Park…

Who’s Afraid of Gary Gensler? Not Don Wilson, the Trader Who Beat the Regulator Once Before
In an interview with CoinDesk, Don Wilson slams the SEC's crypto crackdown, drawing parallels to his past victory over the CFTC, another Gary Gensler-led regulatory agency The SEC's stance toward crypto "reminds me of 'Atlas Shrugged,'" Wilson said. "[If] everybody is breaking the law, they get to selectively harass whoever they want to." Wilson thinks

‘Cryptocurrencies Have Failed the Test of Digital Money,’ MAS’ Managing Director Says
Stablecoins and central bank digital currencies (CBDCs), not crypto, will be part of the financial ecosystem in the future, the managing director of Singapore's central bank said during his keynote at the Singapore Fintech Festival."There are four contenders for digital money," Ravi Menon said, naming them as privately issued cryptocurrencies, CBDCs, tokenized bank liabilities, and