ANALYSIS

Crypto Custodians Waiting on Regulators to Act

[ad_1] The business of cryptocurrency custody is getting more competitive and lucrative by the day. The most recent announcement has come from Switzerland, where local family-owned bank Maerki Baumann announced on May 29 that it had expanded its cryptocurrency services through the introduction of crypto custody and trading. The private bank first announced its crypto initiatives in 2019 by extending business account services to blockchain companies.Thanks to regulatory approval from
ANALYSIS

USD Still King as BTC and CBDCs Mount Challenge

[ad_1] The global monetary system has been centered around the United States dollar since at least the end of World War II when the 1944 Bretton Woods Agreement formalized the greenback’s ascent to unchallenged dominance. Control over the world’s reserve currency came hand in hand with a boost to the nation’s already enormous geopolitical influence, as well as the ability to run huge deficits at low cost.Today, a growing chorus
ANALYSIS

Blockchain Is Not a Cure-All for Every Video Conferencing Flaw

[ad_1] With the coronavirus pandemic forcing many businesses to adopt work-from-home policies, the demand for video conferencing programs appears to have increased. Indeed, by late April, video conference app Zoom was seeing 300 million daily meeting participants, a 50% rise from the 200 million recorded at the start of the month.Amid its growing popularity, the United States Federal Bureau of Investigation revealed significant privacy flaws with Zoom. SpaceX, owned by
ANALYSIS

Crypto and Fiat Currencies Are Worlds Apart, Here Are the Reasons Why

[ad_1] One of the core narratives of Bitcoin (BTC) since inception is the oft-stated goal of separating money and state. While this has certainly been a powerful creed in the currency’s early adoption by the crypto-anarchist and techno-libertarian communities, what does this actually mean? It’s quite simply a call for a neutral form of money.When stripped of the more political messaging, Bitcoin is fundamentally the introduction of a credibly neutral,
ANALYSIS

Sichuan Rainy Season to Give Bitcoin Hash Rate a Much Needed Jolt

[ad_1] The post-halving reality of Bitcoin’s network may soon change shape, some industry insiders argue. The reason is quite simple, and, surprisingly, it has nothing to do with crypto itself: The wet season has arrived in Sichuan, a southwest China province known as one of the hottest spots for Bitcoin (BTC) mining. The rain in Sichuan is a good sign for all local farmers, Bitcoin miners included. The abundance of water
ANALYSIS

A Cross-Sector Blockchain Solution for Privacy Needs

[ad_1] According to a claim by Harvard Business Review, blockchain will do to banks what the internet did to the media. When it comes to the banks and financial organizations of today, blockchain has the potential to solve a host of problems. Blockchain technology possesses nearly all the attractive characteristics needed by a reliable technology involving money. It is safe, secure, decentralized, transparent and relatively cheaper. Blockchain’s potential in financial services is
ANALYSIS

LG Shows Interest in Distributed Ledger Technology, Joins Hedera Hashgraph Governing Council

[ad_1] LG Electronics has joined the governing council of Hedera Hashgraph, the enterprise-grade public distributed ledger platform. LG serves as the council’s fourteenth member, sitting alongside Boeing, Deutsche Telekom, Google, IBM, Tata Communications, and other leading organizations.Hedera Hashgraph CEO Mance Harmon told Cointelegraph that LG is the first home appliance manufacturer to join the Hedera Governing Council. Harmon noted that LG will specifically work with the other council members to
ANALYSIS

Bitcoin Survived Halving, but Death Spiralists Still Say BTC Is Doomed

[ad_1] Bitcoin (BTC) halvings are a little spooky, sort of like the witching hour, and one of the prophecies being murmured about last week was something about a Bitcoin network death spiral. This idea, which isn’t really new, premises a mass exodus of BTC miners whose work creating new parts of the blockchain no longer pays because of a reduction in their rewards.As put forth most recently by Zach Resnick,
ANALYSIS

Universal Basic Income Test Runs Blockchain to Share Money Worldwide

[ad_1] Universal basic income, commonly referred to as UBI, dates back to the 16th century when Sir Thomas More depicted a society in which every person receives a guaranteed income in his famous book Utopia. While Utopia is a fictional work, the reality of a basic income has come to fruition, as it has been reported that the number of people unemployed in the United States has reached 36 million
ANALYSIS

Gibraltar Succeeding in Crypto Regulation Where Others Fall Short

[ad_1] For hundreds of years, Gibraltar was a vital part of the British Empire. The tiny territory, known as “The Rock” due to a gigantic protrusion of limestone that dominates its skyline, was sliced off the bottom of the Iberian peninsula in 1713 and has been a British Overseas Territory ever since. At first glance, the territory is small, dry and home to an oversupply of thieving monkeys. But beyond