Heads of Binance​.US, Ledger, and ZCoin Speak to Impact of Digital Dollar on Industry

[ad_1] COVID-19 has wreaked havoc on the global economy. As legislators in the United States go back and forth on how best to distribute aid, the conversation has amplified the potential role of a digital dollar to avoid the traps of traditional finance.Whether or not ongoing stimulus efforts lead to the minting of a digital dollar, it’s a subject that is on the minds of U.S. legislators in a new

The Mysterious Founder of Cross-Chain Protocol Reveals His Identity

[ad_1] The NULS Technical Community (NULS) has released a blueprint for Nerve Network, a cross-chain protocol. Until now, the mysterious mastermind behind the network was known only known as “Berzeck”.Vitalik’s dream come trueNerve Network is tackling the same issue as Cosmos (Atom) and Polkadot — a lack of cross-chain interoperability. This is something that Vitalik Buterin has recently lamented about:“We should put resources toward a proper (trustless, serverless, maximally Uniswap-like

Is Now the Time to Invest in Bitcoin?

[ad_1] With global markets tumbling out of control, will Bitcoin finally fulfill its role as a hedge asset? Is now a good time to invest in Bitcoin?CEO and co-founder of Quantum Economics Mati Greenspan and trader Michaël van de Poppe discuss how the Fed’s strategy of ‘QE to Infinity’ will help Bitcoin finally become a safe haven asset. But is now the time to buy or should you wait for

Cryptocurrency Accounting Firm Launches Library of Legal and Tax Advice

[ad_1] Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets.On March 26, Cointelegraph spoke to Lukka co-CEO, Robert Materazzi, and Lukka Library creator and head of tax and regulatory affairs, Roger Brown.“People weren’t interested in paying their taxes in 2014”Materazzi states that the company was formed under its former brand,

National Digital Currencies: Not Yet Too Big to Fail

[ad_1] Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s

Is Bitcoin a Safe Haven? 80% BTC Price Recovery Boosts Investor Appeal

[ad_1] This week, as a $2 trillion economic stimulus package was put forth by U.S. lawmakers, the performance of major market indexes improved and the Dow registered its best day since 1933, gaining 11% after the major pullback of the last few weeks. In the meantime, gold increased slightly over 5%. The recent market fall-out gave rise to Bitcoin (BTC) critics such as Peter Schiff claiming that “only fools are choosing Bitcoin” over

Printing Money from Thin Air – How the Fed Reduces Purchasing Power and Makes You Poorer

[ad_1] Unless you have your head in the sand, you’ve probably realized that governments and central banks can print money out of thin air and in unlimited amounts. The United States and the Federal Reserve have been creating money from nothing for years because they had exhausted all their monetary policies. Despite the fact that many Americans will be happy to get a $1,200 check from the Treasury, the move

Coinbase Wallet Integrates Support for DeFi Lending Apps

[ad_1] Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app.Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.While the DeFi apps were already available through Coinbase Wallet’s built-in decentralized application browser, the exchange asserts that the integration significantly increases the ease-of-use for users seeking to access DeFi protocols.The

Binance Releases Its Own Debit Card, Initial Testing Will Be in Malaysia

[ad_1] Binance enters the crypto debit card sector with news of an official Binance Card on March 26. Issued by Visa, the card will initially be available in South East Asia, though other regions will be unlocked soon, the company states.Like most other crypto cards, the Binance Card allows its users to spend their cryptocurrencies by converting them into fiat and piggy-backing off established debit card networks.A fairly unique aspect

Bitcoin in the Palm of Your Hand — Crypto Hardware Wallets Review

[ad_1] A hardware wallet may just be the safest way to store cryptocurrency for average users. Nowadays, many different devices are trying to tackle the challenges of secure crypto asset storage. In this article, Cointelegraph will review some of the most well-known hardware wallets and compare their features.The cryptocurrency wallets that will be covered in this article are Ledger’s Nano X and Nano S, SatoshiLabs’s Trezor One and Trezor Model