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Decentralized finance cross-chain money market aggregator Fuji Finance said the protocol was unable to find the market for its product, while also experiencing limited finance. In a recent Medium blog post, the company said that it failed to find “product-market…
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Blockchain analysis firm Chainalysis has announced that it has entered a strategic partnership with the State of Wyoming Division of Banking to develop solutions to combat money laundering and other financial crimes. Blockchain Technology to Be Used to Track Transactions…
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German financial regulator BaFin seized Bitcoin ATMs run by an agency with a dubious name in the country, reported CoinDesk on August 7. Bitcoin ATMs Seized Called “Shitcoins Club,” the Poland-based ATM operator was asked by BaFin to shutter all…
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Bitcoin has overtaken the Russian Ruble and the Korean Won to become the eighth largest currency in the world by monetary base. Bitcoin Exceeds Korea’s Monetary Base According to a chart released June 18, 2019, from Crypto Voices, bitcoin is…
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Crypto-friendly Switzerland faces a referendum on June 10 that could fundamentally change the concept of money in the small European nation. With the rise of bitcoin as a permissionless, decentralized alternative to national currencies, have the Swiss been forced to…
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The sovereign city-state Singapore is going to be the first country to issue Bitcoin (BTC) banknotes or smart notes for hardware storage. Tangem, the company behind the notes, announced the launch on May 3 at the Megafash Suntec City store…
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On April 9, the chief of the NYSE declared that crypto trading is an area that they cannot ignore, and stated that people trust the mysterious creator of Bitcoin, Satoshi Nakamoto, more than they trust the Federal Reserve (or ‘the…
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Bitcoin and crippling student loans, the two things which are defining the financial futures of most college students in America. According to a survey held by Student Loans.net, college kids are using money from their student loans to buy bitcoin…
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Give it another ten years and bitcoin will emerge the single currency of the internet, as opposed to more than 1,000 different digital tokens circulating today. As for fiat-equivalence, the most widely used cryptocurrency in the world could even overtake…
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In a recent announcement the Grand Mufti of Egypt, Sheikh Shawki Allam, suggested he would be in favor of a ban on cryptocurrency trading. In referring to Sharia law, the moderate Sunni leader cited its capacity to fund terrorist activity…
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As digital currencies continue to experience soaring interest worldwide, growing numbers of banks and central governments are strategically positioning themselves to capitalize on its advantages. One recent example is in Japan, where Japanese banks announced plans to introduce a digital…
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With terrorist activity concerns continuing to escalate, four U.S. senators have proposed legislation that would lead to significantly expanded federal government powers to seize citizen money when traveling to or from the United States. On May 25, a bi-partisan congressional…
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On April 6, two cryptocurrency companies filed a California federal suit against Wells Fargo saying that the megabank is essentially preventing their customers from accessing their money, an estimated $180 million in deposits. iFinex Inc. and Tether Ltd. allege that…
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Is India on the brink of becoming the next China? Did the central bank make bitcoin illegal? Or legal? Or both? A newspaper reports that bitcoin has become illegal in India, but an Indian exchange denies this. A committee shall…
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Let us take a step back from the madness of the COIN ETF, the BU vs. SegWit battle, the transaction crisis and take a look at an interesting report entitled “MONEY, MONEY, MON€Y: Attitudes Toward Credit, Consumption, and Cryptocurrency” and…
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The EU seems to open its mind to cryptocurrencies and the blockchain; Malta’s Prime Minister advises to double down on cryptocurrencies, while a report by the Parliament focuses on how blockchain could improve several key areas of economy and state.…
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