Swiss state-owned bank PostFinance launches ETH staking
PostFinance, which serves around 2.7 million customers across Switzerland, says it will allow people to stake starting from just 0.1 Ether.
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Cointelegraph Consulting survey: Mass DeFi adoption is 3–10 years away
Cointelegraph Consulting releases some trends and insights featured in their “DeFi Adoption 2020: A Definitive Guide to Entering the Industry.” The majority of DeFi projects believe the industry is far away from maturity, but they are sure that mainstream adoption is likely to occur. This was disclosed on Sept. 21 when Cointelegraph Consulting released the…

How Blockchain Disrupts Global Business | Sibos 2019
Blockchain technology is reshaping the face of our global financial system, and it goes far beyond cryptocurrencies alone.Since Bitcoin’s arrival, the conventional finance world has been intrigued by blockchain, Bitcoin’s underlying disruptive technology. Now we are seeing that intrigue being transformed into a full-fledged and active public interest, and the potential onset of popular mass…

Digital euro offers better privacy protections than private stablecoins: ECB official
Unlike private companies, the ECB has “no commercial interest” in monetizing users’ data, the ECB executive board member argued. European Central Bank (ECB) executive board member, Fabio Panetta, has argued that a digital euro offers superior privacy protections than privately issued stablecoins.Panetta criticized the profit motive of private firms, emphasizing it is in their commercial…

US Senators Grill Facebook on Privacy, Trust Issues in Libra Hearing
At the ongoing hearing on Facebook’s Libra cryptocurrency project with the Banking Committee of the United States Senate, lawmakers are interrogating Facebook on privacy and trust concerns. As a Cointelegraph correspondent reports on July 16, David Marcus, head of Facebook’s crypto wallet Calibra, is stressing the project’s trust and regulatory compliance, while some senators are…

Ripple’s chief financial officer steps down amid SEC lawsuit
The SEC filed a lawsuit against Ripple in December 2020 for using XRP to raise funds, which the commission claimed was a violation of securities laws. 151 Total views 1 Total shares Kristina Campbell, the chief financial officer of Ripple, has left the crypto payments platform for a comparable position at the virtual healthcare provider Maven

$515 Million in Bitcoin Spent on Illicit Activity This Year Representing 1% of Total BTC Activity
Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1.As per the report, the total flat value of BTC spent…

IMF reiterates call for crypto regulation after the ecosystem’s ‘rough year’
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai. 383 Total views 13 Total shares Own this piece of history Collect this article as an NFTThe International Monetary Fund, or IMF, has pointed to the collapse of FTX as well as “turmoil”…

Here’s why Terra Classic price has soared by 250% in September
Terra Classic (LUNC) has outperformed all top-ranking cryptocurrencies so far in September gaining nearly 100% in the past seven days alone.Terra Classic outperforms crypto marketThe token surged more than 250% month-to-date to reach $0.000594 on Sep. 8, its best level on record. Whereas Bitcoin (BTC), dropped 4%, and Ether (ETH) gained only 3.5% in the…