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“# DeFi’s critical missing piece: Credit scores ” Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens…
“# Paxful denies reports of customer data leak ” An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has been jeopardized, however. “Our customers’ data has not been compromised in any way,”…
“# Can a digital pound CBDC retake London’s financial hub status post-Brexit? ” A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. Previously the gravitational center-point of Europe’s financial sector, London saw much of…
“# Ebang refutes Bitcoin ‘China Hustle’ claims as share price falls 20% ” The share price of Chinese Bitcoin (BTC) mining company Ebang continues to fall, while the firm refutes claims made in a Hindenburg Research report which alleged it was pilfering American investors’ cash. The Hindenburg Research report, published April 6, described Ebang as…
“#Big Tech’s ‘trust’ problem will soon cost lives” Science and medicine can do a lot to make our lives better. But for that to happen, we have to be able to trust the public authorities, companies and institutions that produce and oversee the innovations. We’re already seeing the sad fruits of distrust in the unwillingness…
“#Holocaust survivors use social media to fight anti-Semitism” BERLIN — Alarmed by a rise in online anti-Semitism during the pandemic, coupled with studies indicating younger generations lack even basic knowledge of the Nazi genocide, Holocaust survivors are taking to social media to share their experiences of how hate speech paved the way for mass murder….
“# Equilibrium raises $2.5M to secure support for Polkadot parachain bid ” Equilibrium, a Polkadot-based decentralized finance project and parachain candidate, has raised $2.5 million from a number of venture funds primarily involved in the Polkadot ecosystem. Heavy Polkadot backers like KR1, Signum Capital and Hypersphere Ventures joined Equilibrium’s round. Other participants from the general…
“# Citi and IADB complete cross-border payment pilot with blockchain tech ” Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday announcement, Citigroup’s Citi Innovation Labs and the IADB enabled several disbursements from the United States to a recipient…
“# The chicken or the egg: Why NFTs could be fungible after all ” Among the many offshoots produced as a bi-product of the ongoing cryptocurrency experiment, nonfungible tokens have turned out to be one of the most explosive. In a few short months, over half a billion dollars worth of NFTs changed hands, as…
“# Digital yuan campaign planned for contested island in the South China Sea ” South China’s Hainan Province, which administers the prefectural Sansha City on a disputed archipelago in the South China Sea, will run a two-week campaign later this month to promote the use of the digital yuan among island residents. The city, established in 2012,…