International payment network Visa is working on a blockchain-based system for joint policy-compliant computation of large-scale private data between multiple parties. International payment network Visa is working on a blockchain-based system for joint policy-compliant computation of large-scale private data. Visa Research — the research and development arm of Visa that Continue Reading
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Maker Launches New Dai Today, Expects to Phase-Out Old Dai in Months
Known as Multi-Collateral Dai , the new type of the Dai will be backed by several types of collateral in contrast to the existing Single-Collateral Dai. Decentralized autonomous organization (DAO) Maker will launch a new type of Dai (DAI) stablecoin today. Known as Multi-Collateral Dai (MCD), the new type of Continue Reading
On Lightning, Messaging Apps Emerge as Growing Use Case
“Does instant messaging over Lightning have killer application potential?” Lightning Labs developer Joost Jager asked his Twitter followers this rhetorical when he debuted a demo for his Lightning Network messaging application, Whatsat. Does instant messaging over Lightning have killer application potential? The world needs censorship-resistant chatting and with Lightning, compensating Continue Reading
Crisis Fears Rise as Global Debt Hits a Record $250 Trillion
The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system. Despite this, the Continue Reading
Opera-Backed Fintech OPay Seals $120M Investment to Grow Across Africa
Nigerian fintech Opay — founded by pro-crypto Opera browser — has sealed $120 million in a series B round from Chinese investors. Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors. Founded in 2018 by web browser developer Opera, Continue Reading
Joe Lubin: Ether and BTC Didn’t Face Regulations Unlike New Projects
Ethereum and Bitcoin did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin, new projects should. Ethereum and Bitcoin (BTC) did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin in an interview with industry news outlet Forkast published on Nov. 18. During the interview — Continue Reading
Global Debt Blowing Up With $12 Trillion for 1 Year
When it comes to national debt, the situation in most cases is not pretty. As CoinStaker recently revealed, the United States national debt has slowly climbed up to over $23 trillion. If we look at the whole world however, we will notice that things aren’t looking a lot better as Continue Reading
China’s Army Considering a Blockchain Rewards System, Report
China’s People’s Liberation Army could implement a blockchain rewards system to manage personnel data and incentivize its workforce. China’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported on Nov. 18. Citing a People’s Liberation Army (PLA) Daily report, the Continue Reading
Bitcoin Price in ‘Golden Pocket’ as Trader Warns of $7,400 Breakdown
Sideways action and a failure to break $8,500 on Monday opens up the likelihood for bears taking control, analysts note. Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend. Cryptocurrency market daily overview. Source: Coin360 Bitcoin hovers at decisive $8,400 level Continue Reading
Governments Viewing Crypto as a Threat Will Be Left Behind
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative espoused Continue Reading
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