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Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking & Banking Digital Transformation Congress will be held in August in Shanghai

Open Banking&Banking Digital Transformation Congress 2020 will be held on September 24-25 in Shanghai with a focus on digital transformation and open ecosystem construction of large state-owned banks, joint-stock banks, urban commercial bank, and foreign bank, etc. The congress will mainly discuss how iABCD empower retail, micro and corporate finance from perspectives of policy transmission, ecological construction, cultural innovation, business model innovation, product innovation, risk management, marketing, and the user experience, etc.

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

PayPal Flags User’s Cryptocurrency Trades as “Risky” and Freezes Remaining Funds

A PayPal user leveraging the financial payment platform’s new crypto features is left indignant after his digital currency trades were flagged.

Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

US president Donald Trump’s campaign app “Official Trump 2020 App” raised a lot of skepticism, as it has been uncovered that the election app collected mast amounts of sensitive information on his voters.

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Sushiswap Founder Transferred Control of the Project to FTX's CEO, What's Behind This Event?

Chef Nomi, the founder of decentralized exchange SushiSwap, has tranferred the SushiSwap control to FTX CEO. What's behind the event and Who is Chef Nomi?

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume

The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

IOTA Foundation Announces the Alpha Release of IOTA Streams for Users' Ultimate Control Over Their Own Data

Today, the open-source non-profit foundation, IOTA has announced the final Alpha release of IOTA Streams.

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Wants Less Technical User-Friendly Cryptocurrency Wallets

Square Crypto, the cryptocurrency arm of the online payment service provider Square Inc is set to fund the development of crypto wallets with enhanced UX.

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

US Treasury Sanctions Two Men Accused of Laundering Crypto for North Korean Cyber Crime Syndicate

The US Treasury Department Office of Foreign Asset Control has sanctioned two men believed to involved in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange.

Bitcoin Ad in Hong Kong Apple Daily Publication Promotes Bitcoin As Beyond Government Control

Bitcoin Ad in Hong Kong Apple Daily Publication Promotes Bitcoin As Beyond Government Control

In the Hong Kong Apple Daily today, a full-page ad was dedicated to Bitcoin, calling on Hong Kongers to move their wealth beyond the control of “any” government.

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Bitcoin Miners’ Control of BTC Network is Gradually Shrinking

Coin Metrics, a provider of on-chain and off-chain crypto asset market data, has released a new report showing Bitcoin miners’ control of the BTC network is decreasing.

TRON Credited with Powering Record USDT Growth

TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

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