European Central Bank is exploring blockchain and MPC technology
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.
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PayPal CTO: Crypto Still Needs to Prove Itself to Catch On
Crypto developers must follow consumers closely if they want the industry to take off in a big way, Paypal’s chief technical officer has said.Sri Shivananda — an eBay veteran who has been in his role at PayPal since 2016 — made his remarks at the Economic Times (ET) Global Business Summit, ET reported on March…

Strategist: Bitcoin more likely to be successful ‘in the long run’ than Ethereum
Lyn Alden likens Ethereum to the Concorde aircraft: functional, but not "an economically sustainable project." 4405 Total views 56 Total shares One reason strategist and investment guru Lyn Alden isn't invested in Ether is she considers the Ethereum network an “unfinished product” when compared with Bitcoin.Alden’s economic analysis of Ethereum released today compares the smart…

‘The Drug Is Gone’: Mike Novogratz Compares Current Bitcoin Markets to ‘Methadone Clinic’
Mike Novogratz compared current cryptocurrency market performance to a “methadone clinic” in an interview with Bloomberg Dec. 11.During the interview, Bloomberg asked Novogratz how coming from Wall Street made him different from most of the cryptocurrency community, which seem to treat cryptocurrency “almost like a religion.” Novogratz answered that, while he believes in the underlying…

Grayscale hires former Solicitor General to help force Bitcoin ETF approval
Grayscale Investments has hired a former U.S. Solicitor General in preparation for a potential legal spat with the U.S. Securities and Exchange Commission (SEC), should the regulator reject its application for a spot Bitcoin (BTC) exchange-traded fund (ETF) on July 6.The company has been waiting on a decision from the SEC to convert its flagship…

Korean Tourist Hotspot Mandates Use of COVID-19 Blockchain App
South Korean tourist island tries to stay open and safe with blockchain technology. Jeju Island, a southern island in South Korea, is one of the most popular tourist destinations for Koreans and has about 15 million visitors annually.It now requires those visitors to use a decentralized identity (DID) blockchain technology based app that claims to…

Domain Registrar EnCirca Accepting Applications for Ethereum Addresses
Domain registrar company EnCirca has announced that it is accepting pre-registration applications for the Ethereum website extension, “.ETH”. EnCirca said that it will be accepting applications until August 10, in a press release on July 18. EnCirca also said that they were the first registrar approved by the Internet Corporation for Assigned Names and Numbers (ICANN)…

Enterprise meets DeFi: Organizations work toward adopting blockchain tech
Decentralized finance is quickly maturing. While the total value locked in DeFi is over $45 billion, financial institutions and large corporations are starting to implement DeFi concepts to automate business processes. This is known as “enterprise DeFi.”For instance, invoices and other financial products can be tokenized to ensure that transactions are valid and should be…

Bitcoin Suisse expects to offer Ethereum staking before Christmas
Despite the uncertainty around the launch of Ethereum 2.0, Bitcoin Suisse expects to make its ETH staking service available before the holidays. 2342 Total views 24 Total shares Crypto service provider Bitcoin Suisse expects to offer its Ethereum (ETH) staking services before Christmas, underscoring the firm’s expectations of an imminent launch of Ethereum 2.0. In a…