Crypto firms target custody market as institutional adoption grows

Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing…

Binance Research gives further rationale for referencing Facebook's Libra as the SpaceX of the payments world. A recent report from Binance Research claimed Facebook's Libra is as disruptive for the payments industry as SpaceX was for interstellar travel — but why?   When it entered the rocket sector, SpaceX found an industry laden with high entry…

American financial regulators have sat down with major stablecoin projects in an effort to better understand the industry.The Commodity Futures Trading Commission’s Technology Advisory Committee held a public meeting on Feb. 26 to learn about stablecoins, cryptocurrency insurance, custody practices and cybersecurity.Three stablecoin projects: JPM Coin, MarkerDao and Paxo were in attendance, discussing different aspects…

The launch of blockchain-based digital passport platform Worldcoin has had a polarizing effect on the cryptocurrency community, with questions around its centralization, privacy and security highlighted.Worldcoin released its protocol token on July 24, with major exchanges like Binance announcing support for the token. The project consists of a privacy-preserving digital identity (World ID) and its…

Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts.As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors is building a Solidity compiler for its blockchain. This programming language is primarily used to develop smart contracts in the Ethereum network.Assembly…

Coinbase crypto exchange originally started planning its Japanese expansion during the bear market in 2018. 256 Total views 2 Total shares Own this piece of history Collect this article as an NFTDespite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan.Coinbase…

Venezuela is reportedly choosing to use Bitcoin (BTC), not its own digital currency Petro, to circumvent United States sanctions in airports.According to a report in local news media outlet ABC on July 22, president Nicolas Maduro has authorized the use of an app which collects aeronautical taxes, and then their conversion to Bitcoin.The app, Jet…

Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall?A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are saying.With inflation running…