Search Results for "protocol evolution"
Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).
J.P. Morgan’s Blockchain Quorum Acquired by ConsenSys, Taking Enterprise Ethereum to the Next Level
ConsenSys’ existing protocol engineering roadmap will be merged with Quorum, where the blockchain firm will be able to leverage both codebases.
Facebook Libra: The Latest Crypto Used in Illegal Financial Activities?
“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to find new ways to engage in illegal financial activity.” said U.S. Representatives Emanuel Cleaver, during the briefing with Financial Crimes Enforcement Network (FinCEN) on 27 June.
Liechtenstein's Ground-Breaking Blockchain Business Law At a Glance
Liechtenstein's introduction of the world’s first blockchain business law represents an important milestone in the evolution of legal frameworks to support blockchain business.
FCH Network Develops the Next-Generation Blockchain Alternative to Solve Current Problems of DLT
Since 2008 when the Bitcoin blockchain was founded by Satoshi Nakamoto, the distributed ledger technology has undergone comprehensive progress. Most significantly, the establishment of smart contracts to the Ethereum blockchain created an entirely new technological setting. But most of these development efforts face significant roadblocks that limit wide applications of blockchain technology in various industries. With this regard, FCH develops the next-generation blockchain alternative to fix current issues of the distributed ledger technology.
Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack
Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.
Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX
Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked (TVL).
Coinbase Considers Support for 18 New Cryptos Including VeChain, Prompting Higher Prices
Coinbase is considering adding a new range of digital assets, including VeChain, Aragon, Bancor, Siacoin, Origin Protocol, and Ren to its potential listings.
Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit
Yearn.finance founder Andre Cronje has recently published details of an upcoming integration with Cream, a DeFi lending protocol.
Bithumb Touts Indian Alliances for its New Blockchain Protocol
Bithumb Global, one of the biggest cryptocurrency exchanges globally, has announced its intent of availing its new blockchain protocol in India. Dubbed 'Bithumb Chain,' the South Korea based exchange seeks to avail it to Indian startups, companies and even the administration for developing products and services on the foundation of blockchain technology.
Altcoin Price Analysis: XRP and AAVE
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol.
Will Distributed Ledger Technology and Cryptocurrencies Ever Lead to the Extinction of Banks?
In the world we live in today, virtually every sector of human activities have begun to experience one form of digitisation or another, and the Banking sector happens to be one of the sectors at the forefront of this evolution.