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Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry

Banking on Blockchain: FinTech and Digitalization Will Play a Significant Role for the Chinese Banking Industry

China’s banking industry for small to medium-sized enterprises (SMEs) will rely on digitization and financial technology to build a “new infrastructure” for the entire industry. Highly endorsed by the country’s president, Xi Jinping, blockchain technology has seen a surge in popularity in the past year.

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether Brings into Play Anti-Money Laundering Solutions with Chainalysis Tool

Tether, the most leveraged stablecoin provider based on market capitalization, has deployed a tool provided by Chainalysis, a blockchain analytical company, in its quest to have anti-money laundering (AML) compliance solutions

Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration

Coinbase Wallet Takes a Step Further by Letting Users Earn Interest with New DeFi Integration

Coinbase’s mobile app Coinbase Wallet has previously enabled the access of decentralized applications, Dapps, the crypto giant has taken one step further in the decentralized world. Coinbase has recently announced that the integration of decentralized finance (DeFi) applications will be made available directly via the Coinbase Wallet on both iOS and Android.

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

Crypto Exchange Suspects Foul Play Impacting 5% of Its Total Assets, Suspends Withdrawals

UK-based crypto exchange EXMO has detected suspicious activity on its platform, and as a preemptive measure, it has suspended withdrawals for the time being.

Malta-Based Lawyer Joseph Borg Says Blockchain is the Future of Gaming

Malta-Based Lawyer Joseph Borg Says Blockchain is the Future of Gaming

Blockchain has begun to transform the way consumers interact with games. It has introduced an emerging gaming trend: blockchain games that give the possibility to earn for both owners and players. Today, these types of games are causal and built on exchanging and collecting operations. However, the potential power of blockchain for the gaming industry is huge.

Crypto User Scammed Out of $20,000 on Fake Uniswap App

Crypto User Scammed Out of $20,000 on Fake Uniswap App

A user has lost $20K after placing his private key backup phrase in a fake Uniswap mobile app available on the Google Play store.

Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat

Ripple CTO Assesses XRP as a Bridge Cryptocurrency Between CBDCs, Stablecoins, and Fiat

Ripple’s CTO David Schwartz discussed the key role Ripple (XRP) tokens and other cryptocurrencies would play in a market where CBDC was becoming a hot topic.

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to Cryptos as “useless and unstable.”

What Is Balancer?

What Is Balancer?

Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.

Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral

Sparks Fly: Bitcoin and Ethereum Debate on ETH’s Total Supply Goes Viral

Over the past few days, a central debate has been ongoing on crypto Twitter, fueled by Bitcoin and Ethereum advocates. Both Bitcoiners and Ethereans disagree on which cryptocurrency is better for use.

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

DOJ Wants to Bypass End-to-End Encryption to Fight Child Sexual Exploitation – Cause for Concern for Tech?

US government officials want to bypass encryption on websites, under allegations that child sexual exploitation runs unmonitored on strongly encrypted platforms.

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

Dutch Central Bank Aims to Play Leading Role in Developing CBDC in Europe as Part of Plan to Become Increasingly Digital

The Dutch central bank, De Nederlandsche Bank made an announcement in its bulletin, saying that it aims to become the world leader in the development of central bank digital currencies (CBDCs). The report highlighted that the topic of CBDC has gained more public exposure in the Netherlands than in “several other euro area countries for several reasons.”

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