Month: September 2020

Fee Has Successfully Stabilized DAI, MakerDAO President Says MakerDAO leadership declares their DAI stable thanks to stability fee. DAI stablecoin, which is pegged to the United States dollar, is now in a relatively stable position, according to the president and COO of MakerDAO, Steven Becker, in an Q&A session on May 2. The transcript of […]

Persisting Problems: Will Blockchain Be Used in the Next US Election? Have you ever stepped inside a voting booth, submitted your choice electronically, and wondered, "Did the vote actually go through? What if a malicious party changes my vote?" Those kinds of doubts dominate discussions about election security. As voting increasingly happens via computerized equipment, […]

How Accepting Cryptocurrency Could Save Businesses Money If you're like many, you've probably heard a lot about cryptocurrency in the past few years. It grows in popularity every day, and for businesses, it could save them money. When deciding if cryptocurrency will work for your business, you should also consider the pros and cons. For […]

Will Crypto Surpass Gold as a Reserve Currency? Gold has been the world's standard reserve currency for hundreds of years. Even as the world has moved to fiat currency, governments and investors alike still look to gold as a reliable alternative. Given recent volatility, though, it may be crypto's chance to step in as a […]

Is Mastercard trying to show some central banks the folly of their ways? Mastercard announced on Wednesday the release of a proprietary tool targeted to central banks that wish to test their Central Bank Digital Currency, or CBDC. Over 70% of central banks are entertaining the idea of a digital currency in some form, a […]

Liz Louw: Writing the story of Bitcoin                   How do you explain Bitcoin to a general audience? That was writer Liz Louw’s challenge as she set out to produce What is Bitcoin?, an ebook for the London-based Bitcoin investment company Bitstocks. Liz is not the first to confront […]

If You Can't Stand the DeFi Heat – Get Out of the Sushi Chef's Kitchen We saw a lot of action over the weekend in what played out as one of those adrenaline-packed high-drama movies the likes of which crypto hasn't witnessed in recent times. We all watched on popcorn in hand as [decentralized finance] […]

Officials shut down border checkpoints for 4 hours on Aug. 27. Government officials in Argentina are refusing to negotiate with a ransomware group that forced them to briefly close all immigration checkpoints on Aug. 27. According to a Sept. 6 report on Bleeping Computer, a group of Netwalker ransomware hackers breached Argentina's immigration agency, Dirección […]

Australia gets more blockchain projects. The Lygon blockchain platform, which runs on IBM Public Cloud, has reportedly successfully conducted its pilot since last year with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac and a group of 20 Australian businesses. Banks are expected to issue bank guarantees in just one day once they […]