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OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist

OKEx Founder Troubles Not Linked to Yuan Money Laundering in China, Says Blockchain Journalist

Colin Wu, a Chinese blockchain journalist thinks it is unlikely Mingxing Xu, the founder of OKEx crypto exchange has anything to do with a Yuan money-laundering scheme.

Know Your Bitcoin Address: Differences between Legacy, Nested SegWit and Native SegWit formats

Know Your Bitcoin Address: Differences between Legacy, Nested SegWit and Native SegWit formats

There are currently three types of Bitcoin address formats: Legacy, Nested SegWit and Native SegWit. Do you know the difference between the three formats?

Dogecoin: Not All Cryptos Are Created Equal

Dogecoin: Not All Cryptos Are Created Equal

What do Elon Musk, Snoop Dogg, and Gene Simmons have in common? They've all come out as proponents of Dogecoin, the one-time joke cryptocurrency. While Doge might be spiking, it's important to remember that no all cryptos are created equal.

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Russia’s Largest Bank Sberbank Buys 5,000 Blockchain ATMs Despite Authorities' Plan to Ban Crypto

Sberbank, Russia’s largest bank, is purchasing more contactless ATMs that are powered by blockchain. The banking giant is making such a move despite an upcoming bill that aims to penalize individuals and firms that use and trade cryptocurrencies in financial transactions. Sberbank’s ATMs have nothing to do with cryptocurrencies as they do not act as BTMs (Bitcoin ATMs). The banking institution just intends to cut the need for physical contact associated with the use of bank debit/credit cards amid the coronavirus pandemic. Throughout the COVID-19 epidemic, Sberbank has been preferring to cut down the use of plastic cards because of health concerns.

What are Smart Contracts and Why are They Important?

What are Smart Contracts and Why are They Important?

Since the lack of transparency puts the security of any transaction in jeopardy, this as now a problem of grave concern, so how do smart contracts solve these problems?

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

BIS Newest Quarterly Report: What Potentials Do CBDCs and Distributed Ledger Technology Hold?

The Bank for International Settlements (BIS) has released its newest quarterly report on the changes in the payment industry, including the market impact of the recent coronavirus outbreak. Some of the trends mentioned in the report include stablecoins, tokenized securities, central bank digital currencies (CBDCs), cross-border payments, and peer-to-peer payments.

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

US Tax Office Warns Coinbase Users To Declare Crypto Holdings Before IRS Clampdown

The IRS may soon start clamping down on crypto users particularly those affiliated with Coinbase exchange who do not properly report their crypto holdings.

Plantoids: The Advent of New Blockchain-Based Lifeforms

Plantoids: The Advent of New Blockchain-Based Lifeforms

Plantoids. What are they? Where do they come from? This new art project uses blockchain as a new outlet of artistic expression.

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans Want a Decentralized Digital Euro? Asks ECB Survey

Do Europeans want a decentralized digital euro that does not rely on a central intermediary? The European Central Bank is asking for public opinion on CBDC with a new survey.

A Brief History of US National Credit Defaults

A Brief History of US National Credit Defaults

Which nation’s credit is the most reliable? Many casual economic observers would say “America” without hesitation. But do the United States really have a stellar-credit record? No actually, not really at all. In fact, a conscientious look over the last few centuries would reveal that the nation’s brief history is riddled with national credit defaults.

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Facebook’s Libra Could Do to the Payment Sector What Elon Musk's SpaceX Did to the Space Industry, Binance Research Reveals

Libra has released its updated whitepaper, marking several significant changes towards providing individual stablecoins for major fiat currencies, including USD, EUR, GBP, and Libra Coin.

Bitcoin, Bumble, and Beyond

Bitcoin, Bumble, and Beyond

What do Bitcoin and Bumble have in common? They’re both showing us glimpses of the #AIP future.

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