Blockchain

South African crypto firms are threatening to move abroad if local lawmakers are unable to provide regulatory clarity to its domestic digital asset industry. Speaking to Bloomberg, Sean Sanders, the CEO of local crypto investment platform Revix — who plan to relocate their head office to the United Kingdom, described the South African government as

Deutsche Borse’s electronic trading platform, Xetra, is preparing to launch its first Ether (ETH)-based exchange-traded products, or ETPs. According to data from Xetra, the platform is set to debut trading of two Ether ETPs — ETC Group’s Ether exchange-traded commodity, or ETC, product (ZETH) and 21Shares’ Ethereum ETP (AETH) — on Tuesday. A spokesperson for

Crypto investments have reportedly been a source of strife in relationships, sometimes leading to breakups and even divorce.  According to a Reddit post from February 2015, a then 28-year-old woman using a throwaway account claimed that she was incredibly upset at her husband, who had not stopped purchasing Bitcoin (BTC) since 2013 without consulting her.

As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their payment rails, decentralized platforms offering the best solutions to issues like scalability and fast transaction times are gaining traction.  COTI is one such platform that has been gaining momentum in recent weeks after a series of network upgrades and big announcements

A hotly awaited upgrade to the Ethereum network that may result in ETH becoming a deflationary asset is now scheduled for the “London” hard fork in July.  Ethereum lead developer Tim Beiko previously teased that the decision would be made today two weeks ago, and proposed the inclusion on the Core Developers call today. There

At roughly 9 am UTC today Meerkat, a decentralized finance (DeFi) protocol on Binance’s smart contract platform, lost $31 million worth of BNB tokens. While the team initially claimed that they had been the victim of an exploit, they have since deleted all social channels, and due to the nature of the exploit some believe

Without much fanfare, Heath Tarbert has announced his full departure from the Commodity Futures Trading Commission at the end of this week. In a tweet Wednesday morning, the former CFTC Chairman said that he would be fully resigning as of Friday. In December, he left his post as chairman, which the CFTC announced formally on

In an ongoing effort to battle escalating transaction fees while creating a unified ecosystem, Ethereum co-founder Vitalik Buterin has proposed a solution for a particular type of cross-rollup scaling. The proposal outlines how two protocols using rollups can communicate with each other while maintaining interconnectivity and composability. Rollups are layer-two solutions that are essentially smart

Charlie Lee, the creator of major cryptocurrency Litecoin (LTC), believes that the ongoing spike in popularity of the nonfungible token, or NFT, industry has much in common with the 2017 initial coin offering, or ICO, mania. Lee provided at least five similarities between 2021’s NFT popularity and 2017’s ICO mania, also comparing both to the

Crypto lending firm BlockFi posted another record-breaking month in February, paying out over $35 million in interest to its clients.  The interest payments were comprised of 450 in Bitcoin (BTC), 5,000 in Ethereum (ETH) and 6 million in stablecoins, CEO Zac Prince said. Another record breaking month of interest payments for @BlockFi clients in Feb.

A long-standing legal drama finally found resolution on Feb. 23, with the New York Attorney General’s office announcing that it had come to a settlement with cryptocurrency exchange Bitfinex after a 22-month inquiry into whether the company had been trying to cover up its losses — touted to be worth $850 million — by misrepresenting

Shortly after culling its community of inactive members, one of decentralized finance’s (DeFi) strangest experiments is launching a new stablecoin lending product. On Wednesday Inverse Finance revealed the Anchor Protocol, a money market built around DOLA, a protocol-native synthetic stablecoin. Based on “a modified fork of Compound,” in a blog post Inverse Finance founder Nour

Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain.  “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine,” Osinbajo said

Upon the announcement of the United Kingdom Budget for 2020, chancellor Rishi Sunak commissioned Ron Kalifa OBE to conduct an independent review of the U.K. fintech sector. On Feb. 26, eight months later, the FCA published the 108-page report, and it contains multiple clear guidelines aimed at cementing the UK’s position as a fintech powerhouse.

Bison Trails, a blockchain infrastructure company that was recently acquired by Coinbase, has launched a new Polkadot API that could allow developers to build their applications much faster. Beginning Thursday, Bison Trails customers will be able to leverage Polkadot Indexer, a new protocol that allows users to retrieve and query all types of blockchain data

Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 million in seed funding from Polychain and True Ventures to create a new blockchain-powered market for stablecoins and open up DeFi applications to a global audience.

Whilst public adoption of crypto assets is increasing, the global regulations continue to progress and recognise decentralized technologies as a suitable infrastructure for the dematerialisation of securities. In Luxembourg, the country that is second in the world in terms of assets under management, the country’s regulator adopted a bill that explicitly recognised the possibility of

The spread of blockchain-based soccer fan tokens across Europe continued on Feb. 22, as Poland’s most successful soccer club partnered with sports fintech firm, Chiliz. Legia Warsaw, which holds the record for the most number of Polish league championship wins, will launch a token on the fan engagement and rewards platform, Socios. The $LEG fan