Can any stablecoin topple tether? In 2019, the answer to that question was an emphatic ‘No.’ Despite a string of stablecoins being released onto the market, tether (USDT) increased its grip on the cryptoconomy’s fiat supply, racking up $127B of on-chain volume on Ethereum alone. This year, the king of stablecoins faces a renewed assault[…]
Dean Takahashi attended a dinner hosted by HBO’s Westworld crew, where a fictional company called Incite proposed making our life decisions for us.Read More
Microsoft CEO Satya Nadella announces a sweeping climate initiative Thursday morning in Redmond. (GeekWire Photo / Todd Bishop) A wide-ranging environmental initiative unveiled by Microsoft this week represents some of the most aggressive goals that climate experts say they’ve seen. Microsoft on Thursday pledged to become “carbon negative” by 2030, removing more carbon than it[…]
Bithumb, a major crypto exchange in South Korea, has taken the country’s tax authority to court over a “groundless” tax imposed on the exchange. Experts explain that currently there are no grounds to tax crypto transactions in South Korea and existing tax laws do not apply to crypto transactions. Also read: Regulatory Roundup: EU-Wide Crypto[…]
Cocos makes a popular 2D game development engine for mobile titles, and today the Chinese company is announcing Cocos Play.Read More
(L to R): ExtraHop CTO Jesse Rothstein CTO; CEO Arif Kareem; Raja Mukerji, Chief Customer Officer and co-founder (ExtraHop Photo) Cyber attacks against companies are becoming increasingly common and more expensive. Those troubling stats help explain the rapid growth of companies such as Seattle’s ExtraHop that focus on protecting enterprises from cyber threats. ExtraHop posted[…]
Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking and laundering of cash with impunity. Also Read: Why the Counter Economy[…]
U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans and process repayments in real time. Also read: Regulatory Roundup: EU-Wide Crypto[…]
Six top cellular carriers are working together on internationally compatible 5G hardware and application standards in a new group, the 5G Future Forum.Read More
India’s supreme court spent all day hearing arguments against the crypto banking ban by the Reserve Bank of India (RBI) on Wednesday. The counsel for the Internet and Mobile Association of India presented extensive arguments to convince the court that the central bank acted outside its jurisdiction and power in placing a banking restriction on[…]