Mastercard joins forces with US banking titans for tokenized settlement trials

Republican members of Congress stepped up their allegations of Prometheum's ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC. Six members of the United States congress have called on the U.S. Securities and Exchange Commission (SEC) and Department of Justice to investigate Prometheum, claiming the firm has ties to…

Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study. 2451 Total views 87 Total shares Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value.According to a research paper released on pre-print site arXiv, only 2% of transactions…

Africa has emerged as a bastion for cryptocurrency adoption. Venture capital is looking to capitalize on the growing trend. 1579 Total views 27 Total shares African cryptocurrency exchange Yellow Card has concluded a $15 million Series A financing round led by some of blockchain’s biggest venture funds, underscoring the growth potential of digital assets on…

A Bitcoin (BTC) mining indicator that has preceded several major BTC price rallies is flashing again.Blockchain analytics platform Glassnode spotted a golden cross between the 30-day and 60-day moving averages of Bitcoin's hash ribbon. In theory, such a crossover indicates that the price momentum is switching from negative to positive.Bitcoin hash ribbons. Source: GlassnodeHash ribbons…

The outcome of the SEC v. Ripple lawsuit could influence whether the CFTC or SEC will play a greater role in handling the XRP token as a commodity or security. Caroline Pham, one of five commissioners at the United States Commodity Futures Trading Commission, or CFTC, met with Ripple CEO Brad Garlinghouse ahead of a…

This is believed to be the first insider trading case involving cryptocurrency. 116 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe brother of a former Coinbase product manager, Nikhil Wahi, has been sentenced to 10 months in prison for wire fraud conspiracy charges, in what is believed…

Representatives from the blockchain and cryptocurrency industries voiced their concerns about a bill in the Nevada State Senate in a Judiciary Committee hearing on Tuesday, March 12.The bill, SB 195, would introduce several uniform standards to the virtual currency industry, and would require crypto-related business like exchanges to register with the state’s Department of Business…

The institution cited rising exploits against DeFi as a need for more secure CBDCs. On July 7, the Bank for International Settlements (BIS), a financial institution owned by constituent central banks, published a framework for defending central bank digital currencies (CBDCs) against cybersecurity threats. The BIS wrote:"Recent examples of smart contract hacks, which have led…

Twitter, which has seen its user base steadily grow to surpass 185 million users last year, is experimenting with NFTs to allow users to display their collections as their profile pictures.According to Mada Aflak, a senior software engineer at Twitter, the microblogging platform is working on new functionality that will let users import their NFT…