Crypto ready for next phase of adoption: Winning over financial advisers
Crypto struggles to reach beyond its base. With ETFs now live, financial advisers are key to wider adoption.
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Taiwan officials launch inquiry into crypto betting on election results: Report
Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. 149 Total views 2 Total shares With the Taiwan presidential election looming within a month, residents of Taiwan have been reportedly warned against using cryptocurrency betting platforms to wager on
Iconic brands including Nike, Gucci have made $260M off NFT sales
Nonfungible tokens give major brands new ways of interacting with their consumers spanning art, fashion and gaming. 160 Total views 12 Total shares The hype surrounding nonfungible tokens (NFTs) has allowed some of the world’s most iconic brands to rake in hundreds of millions of dollars in additional revenue, underscoring the mass consumer appeal of…
Samsung Pay Teams Up With RippleNet Member Finablr
Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users.Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border payments to 47 countries through a…
Both Kik and SEC Seek Summary Judgement in $100 Mln ICO Case
Canadian messenger firm Kik is seeking pre-trial summary judgment in its legal dispute with the United States Securities and Exchange Commission (SEC) over the company’s $100 million initial coin offering (ICO) in 2017.On March 20, Kik submitted a memorandum of law requesting the summary judgment from the court, asserting that the SEC had failed to…
Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
State Bank of Pakistan governor Reza Baqir says the country is “waiting to burst as far as digitization is concerned.” 2966 Total views 21 Total shares The governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies.In an interview with…
Mainstream media on the Merge: Risky move or climate nirvana?
Mainstream outlets are starting to pick up on the significance of next week’s Ethereum Merge, describing it as a “major overhaul” that could either accelerate crypto adoption or send disastrous shockwaves across the market should it fail. The Merge has been in the making since the original Ethereum white paper and involves moving from an electricity-intensive…
Behind the Scenes of TON: Lessons Learned on Deploying Smart Contracts, Part 2
This is the second article in our series on integrating payment channels on Telegram Open Network. In the first part, we introduced the network, detailed our experience of the contest, and explained how synchronous and asynchronous smart contracts work. As the next addition to the series, this article details how we built a synchronous payment…
Texan Bitcoin mining power demands could jump 5 times by 2023
While the state is eager to become the global hub for Bitcoin mining operations, residents are concerned that the power grid will not be able to handle the load. 455 Total views 14 Total shares As the state of Texas faces a rapid influx of Bitcoin mining operations, its electrical infrastructure will have to support…