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“# Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball ” Malta’s Finance and Employment Minister, Clyde Caruana, has revealed that the nation’s plan to become a “blockchain island” is floundering due to the unwillingness of local banks to work with innovative firms. Speaking to local media outlet Lovin Malta, Caruana noted that…
“# Exchange adds tBTC minting capabilities, lowering barrier to entry ” tBTC acts as Bitcoin (BTC) covered in an Ethereum wrapper, making it compatible on Ethereum’s blockchain for various purposes, such as decentralized finance, or DeFi. Users of tBTC can now mint the asset on crypto exchange CoinList. “Larger investors and retail that maybe aren’t quite…
“# WEF tests tracking carbon emissions with blockchain technology ” The World Economic Forum is progressing with its blockchain-based project tracking of greenhouse gas emissions. According to a Dec. 15 announcement, the WEF’s Mining and Metals Blockchain Initiative, or MMBI, has released a proof of concept to trace carbon emissions for mining and metals firms….
“# How did the Turkish crypto ecosystem survive 2020? ” Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as a global leader by a…
“# XRP price still stagnant despite incoming Flare Network airdrop ” While Bitcoin (BTC) has hogged the majority of the mainstream limelight when it comes to the recent bullish action seen in the crypto market, the altcoin XRP has also surged over the past month, breaking out of a multiyear downtrend to regain some previously…
“# Swiss crypto bank Sygnum tokenizes shares and prepares for public offering ” Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary tokenization…
“# After Microstrategy downgrade, analysts recommend smallcap crypto-centric bank ” Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also has an emphasis on cryptocurrencies. Last Tuesday, Citi analyst Tyler Radke downgraded Microstrategy (NASDAQ:MSTR) shortly…
“# Cosmos and Blockstack hackathons offer glimpse into DeFi’s future ” On Friday, blockchain projects Cosmos and Blockstack both announced winners of their respective HackAtom V and HackDeFi hackathons, each offering a glimpse into the coming wave of DeFi development — a vision including marked advances in tooling, interoperability, and composability. While the overwhelming majority…
“# Publicly recanted! Luminaries who came to terms with crypto in 2020 ” Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction. That’s why recantations — that is, public acts of refuting a previously held opinion — are so rare. This year, however, has…
“# Bringing digitalization to the business world: A DLT adoption outlook ” To date, the ever-evolving DLT landscape has brought about dramatic changes to the world of finance and businesses in multiple industries. While blockchain is a type of distributed ledger technology, there are various other applications that have emerged since the advent of Bitcoin…