Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
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DeFi data manipulation is too easy — and current oracle solutions aren’t helping much
It seems like every week we hear news of another DeFi project being hacked or exploited. The latest crop of victims includes such projects as Harvest Finance, Akropolis, Value DeFi, Origin and of course Compound.When exploits do occur, they usually involve manipulating the reference price like ETH/DAI on a data source, such as Curve, Kyber…
Blood on the Blockchain: Tokenizing Can Make Donations More Effective
A system in which health officials would be able to track blood donations from vein-to-vein in real-time, given the complexities of the blood supply chain, may sound impossible. However, using blockchain technology to track and trace blood supply chains may turn this idea closer to reality. The American Red Cross estimates that someone in the United…
Coin Center takes US Treasury to court over alleged financial spying
Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate. 73 Total views 15 Total shares Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in…
South Korean District to Implement Blockchain for Administrative Transparency
A district in the South Korean capital has announced it will apply blockchain to its proposal evaluation system, privately owned local news agency Newsis reports on Jan. 16According to the article, South Korea’s Yeongdeungpo-gu — an administrative district in southwest Seoul — aims to strengthen its administrative transparency by applying a blockchain-based evaluation system.The system…
Some Indian Banks Are Still ‘Arbitrarily’ Refusing to Process Crypto Transactions
Earlier this month, India’s Supreme Court delivered its verdict in a landmark case that promised to usher in a bullish era for cryptocurrency in the country. The Court ruled to overturn a circular from the Reserve Bank of India (RBI) — issued back in April 2018 — which had banned banks’ services to all crypto-related firms. Not…
Crypto exchange Liquid attains Japanese derivatives licence
The exchange filed the application to Japan’s financial regulatory body in Q2 of 2020. 638 Total views 30 Total shares Japanese cryptocurrency exchange Liquid has announced that its subsidiary firm, Quoine Corporation, has acquired a Type I Financial Instruments Business license under the Financial Instruments and Exchange Act from the Japanese regulatory authorities.The approval will…
Japan’s Covid-19 Stimulus Payments Didn’t Flow Into Crypto
Covid-19 relief money does not seem to have been spent by many Japanese on cryptocurrencies. 1524 Total views 3 Total shares In April, the Japanese government began distributing 100,000 yen payments — about $930 — to every household. But did the Japanese follow some in the United States and spend that money in crypto exchanges?…
Bitcoin Price $4K by April? One Big Reason to Not Be Bullish Just Yet
Bitcoin price (BTC) increased over 10% over the past week, so it didn’t take long for the usual crypto Twitter suspects to start screaming that they are all bullish now. Even I saw some bullish momentum as outlined in last week's analysis, but have we seen the bottom yet? Or is there more downside to…