Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer
The integration of Fabric Cryptography’s Verifiable Processing Units promises faster, more secure transactions on Polygon’s AggLayer.
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The Reserve Bank of India (RBI) has announced the terms of its regulatory sandbox in report on April 18. Per the terms of the sandbox, various applications of blockchain technology can be tested, while cryptocurrency-related projects are clearly excluded.Sandboxes are used by regulators around the world, including the Financial Conduct Authority in the U.K., so…
SEC vs. Ripple: One year on since landmark ruling
While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.
Is XRP a Security? We May Never Know
The discourse surrounding the securities laws and the treatment of digital assets continues to draw debate among market participants, regulators and legal practitioners. One of the most high-profile targets in this ongoing debate is XRP, a digital asset issued by Ripple Labs Inc. Despite voluminous public examination, regulators have not reached a consensus on the appropriate…
How to build a cryptocurrency mining rig
Cryptocurrency mining involves using a computer, or several computers, to validate transactions on a blockchain. Technically, these computers solve cryptographic equations and record data in a digital ledger. The more computers solving equations, the faster the blockchain can validate transactions.When miners verify the hashes of unconfirmed blocks, they receive a reward for each verified hash.…
Libra picks former HSBC brass as CFO
The G7's recent rejection of Libra doesn’t seem to have slowed them down. 1711 Total views 16 Total shares The Libra Association, which oversees the as-yet unreleased Libra cryptocurrency, has chosen a chief financial officer and chief risk officer for the project. Ian Jenkins, who touts experience from HSBC, Santander, and Credit Suisse, will supervise the…
Tokenized whiskey fund buys first 1,000 barrels of Kentucky bourbon
That’s a lot of whiskey gingers. 2353 Total views 16 Total shares A fund launched in March with the aim of tokenizing up to $20 million worth of whiskey has announced its first successful investment round and the purchase of its first tranche of Kentucky bourbon.Wave Financial Group announced Sept. 11 that its Kentucky Whiskey…
Basel Committee crypto asset prudential treatment proposals get detailed responses
The comments period has ended for the Basel Committee on Banking Supervision (BCBS) “Second Consultation on the Prudential Treatment of Cryptoasset Exposures,” a document published in June 2022. International financial associations had a lot to say in response to it. Several did so at once in a joint 84-page comment letter released Oct. 4. In addition,…
The Unstoppable Trajectory: Stablecoins Are Evolving Traditional Finances
Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European Central Bank nourished this viewpoint by stating that the institution should be proactive when it comes to digital assets. On Dec. 12, Christine Lagarde tweeted: “My personal conviction on the issue of…