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“# Fantom to pilot blockchain-based IT solutions in Uzbekistan ” The Fantom Foundation has announced a joint venture with AG Mentors Group headed by former Uzbekistan Deputy Prime Minister Elyar Ganiev. According to the announcement published on the Fantom Blog on Wednesday, the collaboration will use Fantom-based blockchain solutions to modernize the country’s IT infrastructure….
“# JPMorgan points to weak Bitcoin futures as signal for bear market ” JPMorgan’s cryptocurrency market analysts have pointed to the difference between Bitcoin’s (BTC) spot prices and BTC futures prices as a potential bearish sign for the market. In a Thursday note to clients, JPMorgan analysts led by global market strategist Nikolaos Panigirtzoglou wrote…
“#Meet Grace, the healthcare robot COVID-19 created” The Hong Kong team behind celebrity humanoid robot Sophia is launching a new prototype, Grace, targeted at the healthcare market and designed to interact with the elderly and those isolated by the COVID-19 pandemic. Dressed in a blue nurse’s uniform, Grace has Asian features, collar-length brown hair and…
“# Kraken launches Kusama Parachain Auction platform as KSM defies downtrend ” U.S. cryptocurrency exchange Kraken has announced a “first-of-its-kind” Parachain Auction Platform enabling clients to participate directly from the exchange. In a blog post on June 8, Kraken revealed the new platform will enable users that qualify to pledge support for Kusama projects vying…
“# Coinbase says it was not involved in the DOJ’s Bitcoin ransom seizure ” Coinbase’s Chief Security Officer has refuted suggestions the U.S. crypto exchange was involved in any seizure of crypto assets related to recent Colonial Pipeline ransomware attack. CSO Philip Martin took to Twitter on June 8 to explain the firm’s involvement, or…
“# Dfinity founder takes aim at Ethereum’s complex layer-two solutions ” Dominic Williams, the founder of Dfinity and its Internet Computer, has slammed the scaling solutions put forward by Polkadot and Ethereum for offering a disjointed user experience. The self-described “blockchain maximalist” criticized Ethereum’s burgeoning ecosystem of second-layer scaling solutions, describing Ethereum as starting to…
“# Hong Kong includes central bank digital currency in fintech strategy ” The Hong Kong Monetary Authority (HKMA) has published its “Fintech 2025” strategy with central bank digital currencies (CBDC), both retail and wholesale, included in the digital finance innovation package. Unveiling the fintech strategy via a release issued on Tuesday, CBDCs will reportedly play…
“# Cointelegraph Consulting: DeFi hit by a tsunami of liquidations in May ” The savage sell-off that took place in mid-May fueled volatility in markets and triggered liquidations among numerous decentralized finance protocols. Like an earthquake, the market fall exacerbated the biggest wave of liquidations in DeFi history. The market experienced a higher amount of…
“# No, Bitcoin is not ‘technobabble’ ” Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to blockchain, and now, I spend my days writing about decentralized finance versus centralized finance. Some of my old Wall Street friends still run…
“# Sights set on mainstream adoption: Is another DeFi summer on the way? ” Over the last year, decentralized finance has been the hottest topic of discussion in the crypto world, pushing the entire industry to new heights, developing innovative applications for the technology, and making financial services more accessible. It intends to place economic…