Ether ETFs will ‘destroy ethos of crypto,’ says DeFi exec

London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will allow Standard Chartered to use Linklogis’ blockchain-powered supply chain financing platform.Linklogis, based in Shenzhen, China, is a business to business…

The assumption that Ethereum will just transition to a fully functional proof-of-stake (PoS) network after the Merge somewhat ignores the risk and effort necessary to move an asset that has a $193 billion market capitalization and 400 decentralized applications (DApps).That is precisely why monitoring vital network conditions is essential for anyone willing to trade the…

Binance's lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance.

The official announcement and details around Project Libra were provided to the world on June 18, 2019. Firstly, Libra was introduced: a new global reserve-backed cryptocurrency built on top of the new Libra Blockchain, with everything governed by a not-for-profit consortium dubbed the Libra Association. It was clear that each of these products and technologies…

Blockchain has one new supporter: the UK finance minister Philip Hammond. Quizzed at the Conservative Party conference on how the UK government might solve Brexit’s UK-Irish border issue, he suggested that blockchain technology may be a solution."There is technology becoming available […] I don’t claim to be an expert on it but the most obvious…

Cryptocurrency exchange alleges "millions of dollars" in losses as a result of what it describes as a "false and misleading" article. 1001 Total views 2 Total shares Binance has filed a lawsuit in the state of New Jersey against Forbes Media and two of its journalists, Michael del Castillo and Jason Brett, alleging that an…

American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading.According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution.As such, the company will not have to put its dividend shares on the six-month holding period as required…

Investors across asset classes have been keeping a close watch on the United States Federal Reserve’s monetary policy because that sets the stage for a risk-on or a risk-off environment. The strong rally in the U.S. stock markets on Jan. 6 and in cryptocurrencies over the weekend suggests that market observers anticipate the Fed to slow…

The republic still allows the import of crypto mining rigs despite the ban. 1264 Total views 16 Total shares The Republic of Abkhazia is witnessing a surge in crypto mining activities despite crypto-related activities being illegal since 2018. Customs have reported that mining hardware worth over $589,000 has crossed the border over the past six…