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“# Exploring the landscape of crypto regulations in sub-Saharan Africa ” Sub-Saharan Africa has no doubt suffered many regulatory setbacks in adopting cryptocurrencies. With most countries in the region struggling not to buckle under economic uncertainties and pressures looming over them even as the ripple effects of COVID-19 set in, it would appear that many…
“# Mission-driven cryptocurrency requires an active commitment to equity ” On Sept. 27, Coinbase CEO Brian Armstrong sought to center his employees’ work around the company’s core mission: “to bring economic freedom to people all over the world.” Armstrong argues for a narrow interpretation of Coinbase’s mission to build the best possible product because it…
“# Top Chinese chemical firm uses blockchain to cut trade financing costs ” One of China’s largest chemical producers has launched a new Blockchain Warehouse Receipt Platform to help the industry combat the rising costs of operations and trade financing. An increased demand for more environmental and safety measures amid the pandemic has further driven…
“# Ripple donates $10M to Mercy Corps during annual Swell conference ” Ripple announced a contribution of $10 million to Mercy Corps to help it use digital assets in its work on financial inclusion in emerging markets during the annual Swell conference. Mercy Corps is a non-governmental, humanitarian aid organization that aims to create economic…
“# Zenit St. Petersburg are creating collectible blockchain cards of their players ” Zenit St. Petersburg — the top soccer club in Russia’s Premier League — has signed on to the Ethereum blockchain-based fantasy soccer game Sorare platform. As of Oct. 15, Zenit players will be released as collectible and tradeable digital cards as part…
“# Twitter’s Jack Dorsey urges Bitcoin donations to fight police brutality in Nigeria ” The CEO of Twitter and Square, Jack Dorsey, has urged his followers to donate Bitcoin to the #endSARS cause, which aims to end police brutality in Nigeria. Donate via #Bitcoin to help #EndSARS https://t.co/kf305SFXze — jack (@jack) October 14, 2020 The…
“# Bitcoin futures impact price more than spot markets: Wilshire Phoenix ” A new report from investment firm Wilshire Phoenix claims that the Chicago Mercantile Exchange’s, or CME’s, cash-settled Bitcoin futures trading products affect Bitcoin’s price even though they do not directly involve actual real Bitcoin (BTC). “The findings of Wilshire Phoenix indicate that CME…
“# Why didn’t the Kucoin hack or legal action against BitMEX seem to impact Bitcoin? ” BitMEX recently faced major U.S. legal action, and KuCoin suffered a significant hack, all inside a several-day span — but why did these events not affect Bitcoin’s price in a more negative way? Aleks Svetski, CEO of Bitcoin investment…
“# Public companies hold almost $7B in Bitcoin in heads-up to Grayscale ” Bitcoin (BTC) holdings at public companies topped $6.8 billion this year as newcomers catch up with industry heavyweight Grayscale. According to monitoring resource Coin98 Analytics, a total of 13 public companies have now invested in Bitcoin. Putting Grayscale’s “sun” in the shade…
“# Bitcoin volume unaffected by Tether’s (USDT) market dominance — Data shows ” Tether’s (USDT) stablecoin has been the leading base pair for cryptocurrencies for over eighteen months. This is a rather impressive feat given the ongoing court case with the New York Attorney General and the other frequent rumors that USDT is not sufficiently…