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According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with … Read more
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, … Read more
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the … Read more
You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone … Read more
To what was considered as the “dot-com bubble” in the year 2000, Blockchain technology has become as sensationalised and disruptive as the internet was in the late 1990s.Even though the technology is still in its infancy stage, individuals and corporate bodies are already leveraging on it to expand their business and shift their paradigm. The … Read more
Buying online in recent times has become an easy and quick way to get nearly anything you want, but lots of products aren’t as good as advertised. So the vast majority of consumers typically read the reviews of a product when considering a purchase. This means that if your product isn’t well received and gets … Read more
According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and a fraud.” However, the court found “no evidence at … Read more
Cryptocurrency advocates have been discussing a new social media platform designed by one of Bitcoin’s earliest developers Martti Malmi, otherwise known as Sirius. The project he designed, called Iris, is a social networking application that stores and indexes everything on the user’s devices and connects directly with peers rather than using centralized and privacy-invasive algorithms. … Read more
On Feb. 27, KYC-free cryptocurrency exchange Hodl Hodl announced a new service called Predictions, which will soon be added to the peer-to-peer trading platform. Hodl Hodl believes prediction markets are useful financial instruments within the crypto ecosystem that offer an incentive for those forecasting the specific outcome of an event. Also read: What Does the … Read more
Building reputation solutions on top of blockchain technology is not easy. It is a venture worth exploring, however, and SpringRole aims to make an impact in this regard. This blockchain-powered profile verification and attestation protocol could introduce a lot of positive changes in the future. SpringRole in a Nutshell Using the blockchain to build a … Read more
