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Blockchain

Crypto Long & Short: The Christmas Poem Edition

In a departure from our usual Crypto Long & Short format, in honor of the holiday season, I’ve written a poem that reviews the year and reflects some of the progress made in our industry. It’s not rigorous analysis, but I hope the change in rhythm lightens the festive period. Go ahead and laugh, but […]

Bitcoin Soars Past $27K, Has Risen More Than $2.5K in a Little Over a Day; Market Cap Now Tops $500B

Year to date bitcoin is up more than 270%. Source link

Evan Weiss: Now Is the Time for Enterprises to Look at ETH 2.0

Despite the excitement and enthusiasm in the Ethereum community, many people don’t yet fully understand the significance – and the opportunity – of the second-largest blockchain for large institutions and enterprises.  The nature of network participation is changing dramatically as well as the incentive mechanisms for securing open permissionless protocols, demonstrated by Ethereum’s shift to […]

DeFi Christmas: DEX Aggregator 1inch Launches Governance Token to Take On Uniswap

Decentralized exchange (DEX) aggregator 1inch has issued its own governance token.  Users of 1inch and the Mooniswap DEX, founded by the same execs, will get rewarded with a Christmas gift of sorts and have a say on matters like fees, referral rewards and other governance issues. The token, named 1INCH and running on the Ethereum […]

Crypto Exchange Binance Terminates Korea Operations Due To Low Usage

Cryptocurrency exchange Binance announced Thursday it is closing its Korea operations after eight months of operating due to low usage and volume. Source link

Kadena Onboards Celo’s Dollar Stablecoin, Plots January Launch for Decentralized Exchange

Hybrid blockchain maker Kadena said Tuesday it is collaborating with fintech firm Celo to put its U.S. dollar stablecoin, cUSD, on Kadena’s platform using a trustless bridge. Kadena said that in addition to the bridge, the blockchain platform will wrap its native KDA token on Celo’s platform. This will allow both Celo’s cUSD stablecoin and […]

Crypto Bank Sygnum Tokenizes Shares, Eyes Public Offering

The regulated Swiss firm is now eyeing a dual listing of shares in Switzerland and Singapore in partnership with the SIX Digital Exchange. Source link

Bank of France’s Deputy Governor Discusses CBDC Progress, Regulatory Changes

Bank of France Deputy Governor Denis Beau, speaking Thursday at the Paris Blockchain Summit, discussed the progress being made with the central bank digital currency (CBDC) and touched upon possible regulatory changes and the legal framework. Beau said there has been a “hands-on approach” with the bank’s experiment to launch a digital euro for the […]

FinCEN Encourages Banks to Share Customer Data With Each Other- CoinDesk

A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers. The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a fact sheet Thursday spelling out that the 2001 Patriot Act gives institutions wide latitude […]

India’s Banks Are Once More Serving Crypto Traders and Exchanges

Banks in India are again doing business with select cryptocurrency exchanges and their customers. Top institutions such as State Bank of India, ICICI Bank, HDFC Bank and Yes Bank are allowing customers to use their bank accounts to fund cryptocurrency trading. They are further offering various facilities to cryptocurrency exchanges, sources familiar with the matter […]

Ukrainian Politician Discloses Owning $24M in Privacy Coin Monero

Rostislav Solod, a member of the city council in the town of Kramatorsk, Ukraine, has reported owning millions of dollars-worth of the privacy-focused cryptocurrency Monero (XMR). In a declaration of all the property he owns and has access too – an anti-corruption procedure for all public officials in Ukraine – Solod listed, alongside real estate, […]

Coinbase UK Discloses 22% Profit Drop in 2019

The British arm of the U.S. cryptocurrency exchange saw a sharp downturn in business in 2019. Source link