About Author:
1 Confirmation with Jeff and Dave
Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.
Smart contract blockchain protocol Tezos (XTZ) is gearing for its next network upgrade designated “Edo” which will reportedly introduce robust security features to the network. The Edo update will also include a revamp of the project’s smart contract functionality with the introduction of token issuance capabilities. Edo Upgrade Follows Swiftly...
After crossing the 11.7 million block height milestone, Ethereum Classic (ETC) has undergone a hard fork to bring about the anticipated Thanos upgrade. The Ethereum fork has suffered numerous security issues with multiple 51% attacks and proponents are hoping the new Thanos upgrade will provide much-needed network fidelity while allowing...
Germany’s finance minister has called on stakeholders in the region to expedite action on plans for a central bank digital currency (CBDC). The EU is currently examining the case for a digital Euro even as China accelerates its digital yuan testing protocols. Huge Demand for Digital Currency According to Reuters,...
Coinbase CEO Brian Armstrong has raised an alarm concerning speculation about the US government proposing strict crypto wallet regulations. Friction occasioned by more broad-based know your customer (KYC) compliance has seen industry stakeholders accusing government agencies of encroaching on individual privacy rights. KYC on Non-custodial Crypto Wallets Tweeting on Thursday...
The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s...
As the crypto market appears set to end 2020 on a high, expectation appears to be growing for a possible altseason which could see altcoin tokens return to previous price milestones. This year’s positive price performance has also seen the total market capitalization grow over three times its value at...
China’s central bank digital currency (CBDC) testing train is scheduled to make its next stop in the city of Suzhou as authorities accelerate plans to issue the digital yuan. While several countries are actively involved in developing their sovereign digital currencies, China is reportedly leading the global CBDC revolution. Suzhou...
The Dutch Central Bank (DNB) is demanding additional verification protocols for crypto exchange users including proof of wallets. Stringent crypto regulatory measures in the country have seen some platforms exit the country. The apex bank is also overseeing a mandatory registration exercise for cryptocurrency exchanges which ends in November. Additional...
Huobi, China’s largest crypto trading desk Huobi is reportedly pursuing an aggressive globalization agenda that involves the acquisition of major crypto exchanges across Asia. Huobi Eyes bitFlyer and Bithumb Acquisition According to an exclusive report by Chinese crypto news source @WuBlockchain, Huobi is set to purchase major Asian crypto exchanges...
While crypto heists have declined in 2020, the largely unregulated decentralized finance (DeFi) arena has seen an uptick in the activities of rogue actors. Crypto Crime on the Decline in 2020 According to cryptocurrency forensics firm CipherTrace, losses due to crypto-related criminal activity have seen a significant reduction in 2020....
