• Crypto Must-Reads
    Figuratively speaking, don't trust Jack Abramoff with a hamburger, much less with your anti-money laundering crypto startup. (Photo: Wikipedia)
    Cryptocurrencies,  Education

    Crypto Must-Reads for June 26, 2020

    These Are the Crypto Stories You Should Be Following: Is Greyscale cornering BTC; will governments ban “real money” crypto; A malware botnet is getting its marching orders from messages hidden in the Bitcoin blockchain; AML BitCoin creator busted for… wait for it… money laundering!

    June 26, 2020 /

    Crypto investment firm Grayscale has accumulated 3.4% of all bitcoins and is still buying voraciously, leading to concerns it will corner the market. Jim Rogers, a one-time George Soros partner, thinks governments will drive crypto underground if they become widely usable as cash, and current Jack Abramoff partner is finding out the hard way not to work on anti-money laundering tech (AML BitCoin in this case) with someone convicted of fraud and corruption. The Glupteba bot-net doesn’t get instruction directly, but by scanning Bitcoin’s blockchain for hidden clues.

    Read More
  • Algorand Blockstack smart contract language
    Could this be the silver bullet that finally gets governments and big firms to use smart contracts? (Photo: Christiaan Colen)
    Technology

    Algorand, Blockstack building smart contract language for $100 million deals

    The firms said the open-source Clarity project will help bring DeFi into the financial big time, replacing error-prone programming languages with one offering ‘mathematical certainty’ of how a smart contract will act

    June 11, 2020 /

    Blockchain developer Algorand has joined forces with decentralized software firm Blockstack to develop a new smart contract language that will deliver the safety, security, and predictability demanded by developers working on high-stakes DeFi transactions that run into nine figures.

    Read More
  • (via Pixabay.)
    (via Pixabay.)
    United States

    Finance professionals predict US first to global digital currency

    China’s digital yuan has a big lead, and a central bank representative called the creation of the first global stablecoin ‘a horse race.’

    November 7, 2019 /

    China has spent five years preparing to launch the digital yuan, which might happen in a matter of months. But bankers and financial industry professionals surveyed at an industry conference in October still believe the United States will be the first to create a global digital currency.

    Read More
  • What do we think of this thing? (via Pixabay)
    What do we think of this thing? (via Pixabay)
    Bitcoin

    Chainalysis: Financial professionals love, fear Bitcoin

    Half of the bankers and financial professionals surveyed believe Bitcoin will beat the S&P 500 in 2020, but compliance concerns are keeping them away

    November 6, 2019 /

    Financial professionals see a bright future for cryptocurrencies, yet the vast majority say legal and regulatory concerns are causing their clients are keeping their distance, according to a new study.

    Read More