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“# South Korean internet giants bid for central bank digital currency pilot ” Affiliates of South Korean internet giants Naver and Kakao are among the top contenders to work on the country’s first central bank digital currency (CBDC) pilots. On Monday, the Bank of Korea (BoK) announced the preliminary bid results for participating digital won pilots,…
“# El Salvador Bitcoin move will put pressure on network: JPMorgan ” American megabank JPMorgan has continued criticizing El Salvador’s declaration of Bitcoin (BTC) as legal tender, warning of the potential risks for both the country and the cryptocurrency. A JPMorgan expert group led by economist Steve Palacio released a report suggesting that El Salvador…
“# Ethereum’s 2.0 upgrades aren’t the game-changer that could bring more users ” Ethereum 2.0 (Eth2) is being pegged as the blockchain Messiah of Ethereum. Newsflash: it’s not. The long-awaited changes are not expected to solve core issues that are plaguing the network and forestalling wider adoption. Vitalik Buterin, the brilliant mastermind behind the Ethereum…
“# Blockchain can help publishers improve audience trust ” Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust in published content. Yet readers…
“# Crypto exchanges: Bridging the gap between sovereignty and performance ” Back in 2019, an estimated 99% of crypto-asset transfers took place on centralized exchanges (CEXs), according to the number that was used by main crypto critic Nouriel Roubini. CEXs are likely to remain a central fixture of the crypto trading landscape for the foreseeable…
“# Privacy-preserving computation on blockchains could prevent breaches ” In the 19th century, the barons of American industries rose to prominence by leveraging their hold on tangible resources like oil and steel. Today, corporate titans seek to attain even greater heights of wealth by gathering consumer data. But now, like then, the benefits of accumulating…
“# Crypto options are turning mainstream ” Despite ongoing vaccination efforts and pandemic aid, the world’s economy looks remarkably different than it did over a year ago. The new financial landscape and continued uncertainty have accelerated the shift away from traditional financial institutions. As the economy attempts to roar into high gear from a standing…
“# Biological evolution should inform how humans design markets ” If the global COVID-19 pandemic has taught humanity anything, it has hammered home the lesson that the human being is as dependent on its fellows as the honeybee or ant. Scientists, academics, pharmaceutical executives, philanthropists and government agencies have worked together to roll out a…
“# Trust is still a must in the trustless world of cryptocurrency ” As established by Satoshi Nakamoto’s Bitcoin (BTC) whitepaper, the core of cryptocurrency is a peer-to-peer electronic cash system that eliminates the need for intermediaries like banks. This spirited independence and scoffing at the hand-holding of traditional banking systems is pervasive across the…
“# Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects ” Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance. According to a release issued on Friday, Immunefi will work in collaboration with Binance to improve the security of…