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Blockchain

Makers of Keep Protocol Raise $7.7M to Bring Trustless BTC to DeFi

With a forthcoming product that may entice more decentralized finance (DeFi) players to incorporate bitcoin-backed tokens, Thesis has closed a $7.7 million deal by selling its Keep tokens to some of crypto’s top investors.  Announced Thursday, Thesis will shortly debut TBTC, a trustless platform for making bitcoin-backed tBTC tokens on Ethereum. The private keys guarding […]

Judge Denies Telegram’s Request to Issue Gram Tokens to Non-US Investors

A federal judge has denied Telegram’s request to issue its forthcoming gram tokens to non-U.S. investors. U.S. District Judge P. Kevin Castel, of the Southern District of New York, wrote on Wednesday that Telegram’s claim it could issue its tokens to investors but ensure these tokens did not end up in U.S. investors’ hands was […]

Ex-State Street Blockchain Team Drops DLT From New Data-Privacy Startup

A group of former State Street blockchain builders are now launching their own company – but with distributed ledgers playing only a minor role. “We could have retrofitted Hyperledger or any other blockchain project to do the management of consumers’ personally identifiable information, but it would have just added so much unnecessary burden on the […]

French Central Bank Puts Out Call for Digital Currency Experiments

France’s central bank wants to experiment with integrating digital currencies. France’s central bank wants to experiment with integrating digital currencies. On March 27, the Banque de France published a request for proposals for central bank digital currency “experiment” applications. These projects will help France’s central bank understand the risks and mechanisms of CBDCs and also […]

Luxury Watchmaker Breitling Adds Its First Timepieces to a Blockchain

The Breitling Top Time, pictured above, was a hand-wound chronograph from the 1960s popular with the Jet Set of the era. James Bond wore it in “Thunderball,” although his featured a miniature Geiger counter. The company has rereleased the watch, black and white “panda” face and all, to a new generation and it’s doing something […]

Disruption, Money and a World of Change, Feat. Niall Ferguson- CoinDesk

“I think the right lesson to draw from all of this is that a global order needs to be based on a distributed operating system, not on a centralized architecture…” – Niall Ferguson In this wide ranging conversation CoinDesk’s Michael Casey speaks with author, historian and Hoover Institution senior fellow Niall Ferguson about our disrupted […]

How a Flurry of ‘Digital Dollar’ Proposals Made It to Congress

The “digital dollar” took just eight days to get into Congress. Advocates for digitizing coronavirus relief payments began working with Congressional staffers earlier this month to outline how the Federal Reserve could potentially distribute funds to unbanked individuals quickly as the country’s economic downturn worsened. Morgan Ricks, an associate professor at Vanderbilt Law School, told […]

Gold-Backed Stablecoins Race to Keep Up With Crisis-Driven Demand

Gold-backed crypto tokens continue to rise in price as sourcing gold itself during the coronavirus-induced downturn is reportedly getting more difficult. Demand for Paxos Gold (PAXG) and Tether Gold (XAUT), two of the most liquid gold-backed token projects, has surged this week. Both blockchain-backed tokens each represent a legal entitlement to one ounce of gold […]

Crypto-Friendly Bank Revolut Launches in the US

Mobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future. The London-based challenger bank announced Tuesday that U.S. customers could now register for an account and sign up for a payment card. Deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to […]

Bitcoin Halving 2020, Explained – CoinDesk

This article is part of an ongoing series on the significance of Bitcoin’s third halving, expected to take place around May 13, 2020. Further reading: “The halvening” sounds like a horror movie about an ax murderer. But it’s actually the nickname for one of the most hotly anticipated events in Bitcoin’s history. Sometime in May, […]

Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

The global market meltdown has indirectly benefited Russia’s bitcoin miners, even as the cryptocurrency’s price tumbled along with other assets. That’s because the Russian national currency has rapidly lost value, dropping from 60 rubles to the dollar to 80 in two weeks. In addition to the coronavirus pandemic weighing on all markets, the ruble has […]

Bailouts, Bitcoin, Disruption, Failures and Hope

From Boeing to Bitcoin in this week’s discussion we’re talking about our disrupted reality, the politically expedient path forward, why it almost certainly won’t work, the alternatives to it, what this means for bitcoin and what you can do to help. Source link