Category: Transparency

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How to Spot the Next Celsius Before It’s Too Late

It’s every crypto investor’s worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It’s also bad enough investing in the native token of any such platform, the collapse of which will send that token plummeting to Earth like a lead balloon…. Read More: How to…
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The Blow-up of 3AC – LTCM Without the Nobel Economists

Benjamin Dean is the Director of Digital Assets at investment company WisdomTree in Europe.  __________… Read More: The Blow-up of 3AC – LTCM Without the Nobel Economists  Read more »Pay, Trade, Buy Bitcoin with Credit Card

USDD vs UST: Is Justin Sun’s New Stablecoin Just a Clone of UST?

  UST, a stablecoin that’s supposed to maintain a price peg with the US dollar 1:1, spiraled out of control to reach as low as USD 0.10 this month. Following the momentous rise of UST in just a few months, only a few predicted its monumental crash, especially with the dominance stablecoins were gaining in…
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Central African Republic Moves Ahead With Its Crypto Hub Initiative Despite World Bank’s Concerns

  Central African Republic (CAR) President Faustin-Archange Touadéra is readying to launch a new crypto project, dubbed Sango – the first crypto initiative that is designed to strengthen the country’s image as an emerging African crypto hub.  “For us, formal economy is no longer an option,” the president said in a statement released on his…
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Circle Says USDC Reserve Backed Entirely in Cash and Short-Dated US Treasuries

On May 13, Circle’s chief financial officer Jeremy Fox-Geen published a blog post called “How to Be Stable,” following the aftermath of Terra’s stablecoin implosion. Circle’s CFO explained that since usd coin’s inception, the stablecoin aims to be “the most transparent and trusted dollar digital currency.” Terra’s Stablecoin De-Pegging Incident Has Cast a Spotlight on…
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Making Sense of the Noise is Necessary for Crypto Adoption

  Marco De Rossi, President and Co-Founder of HAL.xyz, a blockchain data listening and automation platform.__________ Cryptocurrency is strong on self-sovereignty with the term “not your keys, not your coin” a popular maxim when talking about crypto ownership. While owning your private keys may be one step in self-custody, another is understanding what is actually…
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ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals

The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for the eurozone’s digital fiat. User Anonymity Not Desirable for Digital Euro, ECB Says…
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How To Design Blockchain Games Ethically

  Gregor Žavcer, Executive Director at Swarm, an Ethereum-powered decentralized storage and communication system.__________… Read More: How To Design Blockchain Games Ethically  Read more »Pay, Trade, Buy Bitcoin with Credit Card

BNDES Director Offers New Insights on Development of Brazilian Blockchain Network

Gladstone Arantes, a director of the Brazilian Development Bank (BNDES), gave new details about the progress of the Brazilian Blockchain Network, a project that has been in development since 2018. The network will be created on top of the Hyperledger Besu 2.0, which uses a proof-of-authority consensus mechanism. The final goal of this project is…
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The virus killer: How blockchain contributes to the fight against COVID-19

Blockchain-powered solutions have been on the front line of the battle against the virus, yet their potential has been underutilized. On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any…
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