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Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

Crypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not Technology

The Financial Action Task Force (FATF) Travel Rule has been in the center of attention lately, which concerns crypto transactions above a certain amount must be accompanied by identifying information.The rule is an update to the existing FATF Recommendation 16, regarding cross-border and domestic wire transfers, and is intended to address the anti-money laundering (AML) and counter-terrorist financing (CFT) challenges as crypto adoption increases. The FATF Travel Rule could mean implications for virtual asset service providers (VASPs), including cryptocurrency exchanges, wallet providers, and custodians.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Charles Hoskinson: Elon Musk Could Have an Opinion on the Cardano Network with its Delegated Democracy Governance Model

Input Output (IOHK) CEO and founder of Cardano Charles Hoskinson recently discussed the future of governance on the Cardano network in his YouTube video. The problem with governance is when large actors are able to decide, they could transform a protocol into something that would preserve the monopolies they already have.

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Cardano’s Shelley Mainnet Code Launch at Virtual Summit Could be a Catalyst for ADA Price Rally

Prior to the bearish slump, Cardano’s ADA cryptocurrency has risen around 50% since late May 2020, in light of the news of its Shelley upgrade. The Shelley mainnet is a decentralized network of community nodes operating on a proof-of-stake consensus protocol, with less central governance coming from the developers.

Ethereum City Builder MCP3D Goes DeFi with $MEGA Token October 28

Ethereum City Builder MCP3D Goes DeFi with $MEGA Token October 28

Recent months demonstrated explosive growth of decentralized finance with $13 Billion in total value locked. Normally, games are the first thing to take off on new platforms, and seems like DeFi is not an exception here.

Exclusive: Liberal Society Comes with Friendly Crypto Regulations

Exclusive: Liberal Society Comes with Friendly Crypto Regulations

As a veteran lawyer in technology, Nathan Kaiser of Cardano Foundation shares his insights in identifying countries with friendly crypto jurisdictions. He also examined how different jurisdictions affect both on-chain and off-chain governance.

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.

IOTA On How Distributed Ledger Technology Will Transform Supply Chain

IOTA On How Distributed Ledger Technology Will Transform Supply Chain

Distributed ledger technology could potentially revolutionize the supply chain industry by providing several upgrades, according to industry experts.

Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain

Coca-Cola Leverages Enterprise Ethereum Blockchain to Optimize Supply Chain

Coke One North America (CONA), partner of Coca Cola’s largest US-based bottling company has announced it will use the enterprise Ethereum blockchain platform the Baseline Protocol—to enhance transparency and minimize friction in its supply chain transactions.

Uniswap’s UNI Token Sees Massive Price Plunge as Liquidations are About to Kick In

Uniswap’s UNI Token Sees Massive Price Plunge as Liquidations are About to Kick In

Uniswap's UNI token has experienced enormous sell-off pressure lately, as some UNI whales have been selling their tokens. What's next for UNI?

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