Trump makes big promises about crypto in US — But can he deliver?
Trump is making bold promises to capture the attention of the digital asset industry and investors.
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Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini
Blockchain sleuths flagged a $14.9 million transfer of USDC coming from a wallet associated with Vitalik Buterin. 439 Total views 10 Total shares Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cryptocurrency exchange

UK’s FCA crypto derivatives ban may push retail investors to riskier grounds
It has stated a variety of reasons for why the products cannot be “reliably valued” by retail consumers, such as financial crime, volatility and an inadequate understanding of crypto assets being the main ones. It was estimated that retail investors will save $53 million due to this ban. This is despite the FCA releasing a…

Ready Player One gave us the misconception that the Metaverse is VR — Everyrealm CEO, KBW 2022
Steven Spielberg’s ‘Ready Player One’ presents an unrealistic glimpse into life in the metaverse, Everyrealm CEO Janine Yorio told an audience in Seoul. 199 Total views 10 Total shares Everyrealm CEO Janine Yorio has dispelled misconceptions that the Metaverse can only be presented “exclusively in VR.” Speaking on Aug. 9 during Korean Blockchain Week 2022, Yorio…

Former CFTC Chair Gary Gensler Says Crypto Market Needs Regulation in Order to Grow
Former chairman of the Commodity Futures Trading Commission (CFTC) Gary Gensler said that the cryptocurrency market needs regulation in order to grow, because consumers must be protected. Gensler shared his views with Cointelegraph at the Business of Blockchain event at the Massachusetts Institute of Technology on May 2.Speaking about the perspective on such services and…

Blockchains Are an Excellent Solution for Privacy, Part 3
Some entrepreneurs have been trying to increase data privacy by combining encryption and blockchain technology. There are projects like Oasis Labs and Enigma that focus entirely on preserving users’ privacy. Meanwhile, others have been focusing on preventing data retention by companies. Thus, there is no way to guarantee that personal data is deleted in a…

Ghana’s vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries. 491 Total views 62 Total shares Ghana's vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted…

Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
New York-based digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young (EY).Fireblocks, which provides an institutional-grade platform for secure transfer of blockchain-based digital assets, received the Service Organization Control (SOC) 2 Type II certification performed by EY, the firm said in a press…

ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials.