Bitcoin Poised to Benefit from New US Stimulus Proposal If Senate Approves
Bitcoin Poised to Benefit from New U.S. Stimulus Proposal If Senate Approves Americans who have been buying Bitcoin with their U.S. stimulus package may now buy more once the Senate approves the new bill.Bitcoin could benefit from the new U.S. stimulus proposal, which will include a new round of $1,200 checks. Already, the Senate […]
IRS doubles down investing another quarter million dollars into tracking crypto transactions
A new analytics firm scores a major contract with the U.S. tax agency, which has been upping its crypto engagement left and right. On Sept. 8, the IRS’s criminal investigation department signed a $249,900 contract with a blockchain analytics firm to expand its crypto tracing tools. The contract provides limited information, but it follows an […]
Fee Has Successfully Stabilized DAI MakerDAO President Says
Fee Has Successfully Stabilized DAI, MakerDAO President Says MakerDAO leadership declares their DAI stable thanks to stability fee. DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2. The transcript of […]
If You Can’t Stand the DeFi Heat – Get Out of the Sushi Chef’s Kitchen
If You Can't Stand the DeFi Heat – Get Out of the Sushi Chef's Kitchen We saw a lot of action over the weekend in what played out as one of those adrenaline-packed high-drama movies the likes of which crypto hasn't witnessed in recent times. We all watched on popcorn in hand as [decentralized finance] […]
Blockchain platform commercializes digital bank guarantees in Australia
Australia gets more blockchain projects. The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses. Banks are expected to issue bank guarantees in just one day once they […]
Vale completes iron ore transaction through blockchain
Blockchain helps the other kind of mining. Mining firm Vale and its partners completed its first iron sale over blockchain. According to a statement on its website, Vale sold 176,000 tons of iron ore to Nanjing Iron & Steel, sending the material from Malaysia to China. Vale and its partners used the blockchain platform Contour […]
Building Empires: Biggest Crypto Exchanges Push for Global Presence
Building Empires: Biggest Crypto Exchanges Push for Global Presence Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations. Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand […]
Motivate amp Inspire – Implement Design Thinking
Motivate & Inspire – Implement “Design Thinking” Effective businesses are making billions by recognizing the benefit of activating "design thinking" into their business culture. Quality design is excellent, basic, and simple to utilize. It creates a feeling of spot and reason. It reacts to client particulars, and it just works. Aside from […]
Revealed: How North Korean hackers launder stolen crypto
The techniques are sophisticated but crypto laundering cases are still relatively small. British multinational security company BAE Systems and the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, have published a report revealing how cybercriminals launder cryptocurrency. According to the study Follow the Money money laundering cases via crypto are still relatively small compared to […]