Month: September 2020

Frederik Gregaard, the incoming CEO of the Cardano Foundation, shared with Cointelegraph his perspective on fintech’s competitive landscape and major technology trends. Discussing competition, Gregaard said that the protocol’s biggest opponents do not come from within the blockchain space: “I think the biggest competitor, it’s really...

For as long as there have been computers in enterprises, there have been people working on how to make machine-to-machine commerce a reality. While the world of blockchain is only now embracing smart contracts for enterprise usage, programmable, machine-to-machine commerce has been around since the...

Geopolitical jostling accelerated by large-scale private stablecoin initiatives like libra, plus an added dose of COVID-19, means we are now facing a perfect storm for central bank digital currencies (CBDCs). Such tectonic shifts are being acknowledged by big players like Deutsche Bank, the latest lender...

Cybercriminals have continued to come up with new, innovative attack vectors that a lot of prominent crypto platforms are still falling prey to. For example, Johnny Lyu, the CEO of Singapore-based cryptocurrency exchange KuCoin, stated on Sept. 26 that the exchange had been on the...

The top U.S. financial watchdog has ordered Salt Lending to offer investors refunds for its 2017 initial coin offering (ICO). EDIT (Sept. 30, 16:50 UTC): This article has been updated to specify that the SEC is ordering Salt Lending to offer investors refunds, rather than issue...

Despite being, perhaps, the biggest tech buzzword of the last decade, blockchain technology has largely remained just that: a buzzword. While its best-known implementation, Bitcoin (BTC), has become a household name, the technology that underpins it remains little more than a mystery for most. By...

The president of Venezuela, Nicolas Maduro, says that the country’s government is now looking at diverse cryptocurrencies as a potential way of avoiding sanctions. On Sept. 29, Maduro presented a new bill that intends to help the country overcome the impact of United States sanctions. ...

Update: Cointelegraph has learned that this product has been delayed until October 15th, 2020. Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest. According to a Sept. 30 announcement, Bitcoin (BTC) and Ether...

A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem. However,...

Swipe, a Binance-owned cryptocurrency debit card provider, is expanding its offering with a new crypto Visa card that allows users to borrow funds using blockchain technology. Dubbed the “LendFi Visa Card,” the new product deploys major decentralized finance protocols to provide “near-instant access to lending...