Community First: One Protocol’s Plan to Give Users a Seat at the Governance Table

A “next-generation” mobile payment protocol has unveiled new features — including “incentives” for users who own and run the nodes that perform vital roles on its network, including the verification of transactions. Crypto.com says the new program is a result of a partnership with Allnodes, which is offering its...

How Facebook Globalcoin Will Make Private Money Work After Hiring Bank Lobbying Supremo

With the Facebook Libra / Globalcoin set to launch as soon as Tuesday 18 June and news that the social media giant has just hired a Standard Chartered bank lobbying supremo, interest is reaching fever pitch. Some have questioned why Facebook is launching a crypto product at all, while...

Grayscale: Bitcoin Gained 47% in US-China Trade War Drawdown

Bitcoin (BTC) vastly outperformed traditional wealth preservation assets during the United States–China trade war, American digital asset manager Grayscale confirmed in research published on June 11. Updating “Hedging Global Liquidity Risk with Bitcoin” — a report originally from 2016 — Grayscale noted that bitcoin gained 47% in the period...

Microsoft to Collaborate With Icertis in Enhancing Blockchain-Based Contractual Offering

Major enterprise contract management service Icertis will collaborate with Microsoft to expand its blockchain-based contract solution, the company announced on June 11. By entering the collaboration, Microsoft will help Icertis to extend its Icertis Blockchain Framework, which is designed to enhance the transparency and efficiency of contractual frameworks using...

FT: Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14. Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own...

Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation

Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to the illness of all previous...

Google Cloud Integrates Chainlink Oracles in Analytics Data Warehouse With ETH DApp Support

The Google Cloud team has integrated Chainlink’s oracle middleware with its BigQuery enterprise cloud data warehouse, allowing for an on-chain and cloud-based interaction with Ethereum decentralized applications and smart contracts. The news was revealed in a development report published on June 13. As previously reported, a blockchain oracle is...

Europol Reveals Gamified Coin Tracing Training for Law Enforcement at Crypto Conference

Europol — the law enforcement agency of the European Union — is hosting its sixth cryptocurrency conference, with over 300 crypto experts from law enforcement and the private sector reportedly in attendance. The news was revealed in a Europol press release published on June 14. The conference — organized...

Lithuania to Regulate Cryptocurrency Exchange Sector With Obligatory ID Checks

Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12. As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania’s finance ministry will seek to completely formalize crypto-based exchange...

Generational Wealth Handover Will Spur Bitcoin’s Revival

Barry Silbert, the figure head of Grayscale Investments, is exceptionally bullish for Bitcoin. The CEO of the digital asset management firm believes that in the future, Bitcoin will replace gold as a store of value. Talking to Bloomberg about Bitcoin’s latest price surge Barry says:  “The younger generation, I...