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Cardano’s First DeFi Project Revealed as Partnership With Bondly Finance Announced
Input Output Hong Kong (IOHK) has just announced a new partnership that would enable the first decentralized finance (DeFi) project on the network.
LabCFTC to Announce the Winner of Project Streetlamp at Fintech-Focused Virtual Events Series Later This Year
The Commodities Futures Trading Commission (CFTC) announced that its FinTech research wing, LabCFTC will be hosting a series of interactive virtual events during autumn 2020.
SEC Commissioner Hester Peirce Confirmed for Second Term By US Senate, Crypto Mom Will Remain Until 2025
The United States Senate has voted in Commissioner Hester Peirce of the Securities and Exchange Commission for a second term that will see her remain with the regulator until 2025.
Twitter Takes on Decentralization with New Social Media Development Project
Bluesky – the new social media decentralized initiative, endorsed by Jack Dorsey of Twitter and five other programmers. Dorsey has dedicated funds for this new project, which ultimately will put social media platforms on blockchain.
Why Did John McAfee Abandon His Ghost Privacy Coin Project?
Crypto advocate and technology pioneer John McAfee recently announced on Twitter that he has abandoned his Ghost privacy coin project.
MAS Completes CBDC Project Ubin Phase 5, Blockchain Sector Sees Major Growth Despite COVID-19
Sopnendu Mohanty, the Chief FinTech Officer at the Monetary Authority of Singapore (MAS) announced that Phase 5 of Project Ubin has been completed, and partners of the project are already working on a production in the payments space. A new report is to be expected in the next few days, which will “articulate the last phase of experimentation of Project Ubin.” He hinted that the production is related to exchange, settlement, and will be working on releasing production inspired by Project Ubin Phase 5.
Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project
The central bank of Lithuania has chosen IBM, a technology titan, and Tieto, a leading Nordic software and services company, as the finalists in its blockchain-powered LBChain project. The winner will be announced as the year ends.
Ripple-Backed Flare Networks to Launch a Spark Token Airdrop for Litecoin
Flare Networks has announced that they will be hosting yet another airdrop for their native Spark crypto asset.
Blockchain Devices Market to Grow by $1.285 Billion by 2024
Recent research by MarketsandMarkets shows a CAGR of 42.5% for blockchain devices market by 2024. The study was filtered through their report, “Blockchain Devices Market by Type (Blockchain Smartphones, Crypto Hardware Wallets, Crypto ATMs, POS Devices, & Others), Connectivity (Wired & Wireless), Application (Personal & Corporate), and Geography - Global Forecast to 2024.”
Global Energy Sector: Blockchain Application to hit $6.29 Billion by 2024
BIS Research has presented a new market intelligence report dubbed ‘Global Blockchain in Energy Market - Analysis and Forecast, 2018-2024.’ It reveals that blockchain application in the energy market was worth $518.6 million in 2018 and its value will reach $6.29 billion in 2024.
Binance Launches 'Crypto Against COVID' Charity Project To Fight Global Pandemic
On March 25, 2020, Binance in its blog post announced the launch of its new fundraising project titled 'Crypto Against COVID' which aims to raise $5 million in cryptocurrencies which will be used to buy medical equipment for the countries worst affected by Coronavirus.
Blockchain-Powered Cross-Border B2B Transactions to Surpass $4.4 Trillion by 2024
According to Juniper Research, blockchain-enabled B2B cross-border payments will be more than $4.4 trillion by 2024. This will be a substantial rise from the current $171 billion.