DBS Bank pilots blockchain-based government grants
The blockchain-based solution builds on DBS Bank’s participation in Project Orchid, an effort by the Monetary Authority of Singapore to test the benefits of tokenization.
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Russian central bank exec is OK with crypto mining under one condition
A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. 92 Total views 14 Total shares Kirill Pronin, head of Russian Central Bank (CBR)’s Department of financial technologies, acknowledged the possibility of crypto mining legalization under certain conditions. A public acknowledgment like this…
Convergence congratulates attacker, attempts to open negotiations
The Convergence team posted a message to the Ethereum network, stating it believes the attacker ‘acted as a white hat.’
BlockFi partners with Neuberger Berman to launch crypto ETFs
"We are witnessing a significant shift in investor sentiment towards digital assets, and we believe that digital assets should be considered in modern portfolios," said Greg Collett, president of the joint venture. 492 Total views 26 Total shares Crypto lending firm BlockFi has formed a business with New York-based investment management company Neuberger Berman for…
Computer scientists and academics pursue efforts to stop crypto lobbying in US
Harvard lecturer Bruce Schneier said in a report that blockchain is not secure and not really decentralized. 277 Total views 3 Total shares Anti-crypto technology experts urged United States lawmakers to resist the influence of pro-crypto lobbying efforts. Bruce Schneier, a lecturer at Harvard, reportedly said that blockchain advocates's claims are "not true." He added that…
Blockchain-for-Land: What We Are Getting Wrong and How to Fix It
Tim Robustelli is a Program Associate with the Future of Property Rights Program at New America, a think tank based in Washington, D.C.The flurry of activity related to blockchain-for-land over the past few years is impressive, with a number of firms working with land registries worldwide.Yet, skepticism is growing around the technology’s potential for land…
Price analysis 8/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin’s (BTC) bounce fizzled out near $24,500 on Aug. 17, indicating that the recovery still faces stiff resistance from the bears. On-chain monitoring resource Material Indicators said the ask liquidity on the Fire Charts was similar to prior local tops.Another reason for caution among crypto investors was that the recovery in the S&P 500 was…
Crypto-friendly US lawmaker Patrick McHenry won’t seek reelection in 2024
All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain. 471 Total views 1 Total shares Representative Patrick McHenry, chair of the United States House Financial Services Committee and a proponent of many pieces
US SEC Delays Decision on Bitcoin ETF Applications From VanEck and Bitwise
The United States Securities and Exchange Commission (SEC) has delayed its decision on a rule change to the Securities Act that would allow the listing of Bitcoin (BTC) exchange-traded funds (ETF). The SEC published its decision in a public notice on March 29.Bitwise filed its application with NYSE Arca on Feb. 15 under the condition…