Hashing It Out: Breaking the oligopoly with decentralized infrastructure

JPMorgan Chase’s constant love-hate relationship with cryptocurrency has been a fascinating one to observe over the years, especially since the digital asset sector started exploding at the start of 2021. To put things into perspective, between February and April, the total market capitalization of the space doubled from $1 trillion to $2 trillion.As a result…

Jerome Powell, the head of the United States Federal Reserve, has said that he recognizes both potential benefits and risks to Facebook’s recently-unveiled Libra cryptocurrency project . Powell made his remarks during a press conference broadcast on PBS news hour on June 19.During the conference, the Fed chair was asked whether he was concerned as…

Switzerland’s largest stock exchange SIX will reportedly launch another crypto exchange-traded product (ETP) for XRP, crypto outlet The Block writes Monday, Mar. 11.Amun AG, a Swiss crypto startup that launched the world’s first listed crypto index product on SIX last November, has confirmed the information to The Block. According to the startup, the XRP ETP…

The Paraspace CEO and consultants accused each other of mismanaging funds with the Paraspace team asking the CEO to step down publically. 202 Total views 2 Total shares The Paraspace NFT protocol saga over the whereabouts of the protocol’s fund took another turn on May 19 as co-founder Jay Yao resigned from his position in…

The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs.The head of the Digital Economy Development Research Center at the…

Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.

Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s notePolicy changes slowly. Crypto wants to move fast. Sometimes fairly, sometimes not, the crypto industry often portrays traditional financial regulators as calcified relics unprepared to deal with the coming new world. To be fair, everyone seems to…

United Kingdom car manufacturer Jaguar Land Rover will use blockchain network Iota to reward drivers with cryptocurrency for data reporting, the companies confirmed in a press release on April 29.Part of a plan to gather better information on road conditions and vehicle performance, Jaguar will distribute Iota’s Iota tokens to Smart Wallets tied to participating…

New data shows a 10-fold increase in the return correlations between Bitcoin and stocks in some regions. 22 Total views 14 Total shares Before the COVID-19 pandemic in Asia there was a strong division between the crypto and financial markets in general. Now, that border has got thinner and the situation demands additional regulatory measures,…