Despite a correlation between crypto hedge funds and traditional public markets, crypto assets have more benefits in a time of crisis. The first thing to note is that despite the safe-haven characterization of crypto, the asset class itself in March appeared to be closely correlated with traditional public markets. Additionally, there were some notable crypto…
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Lamborghini is launching its first blockchain-based collectible digital stamps to ensure history and uniqueness of each piece. Lamborghini, a famous Italian manufacturer of luxury sports cars, continues to utilize the Blockchain in its corporate operations. Among the latest technology developments, the well-known brand is applying blockchain to digitize its collectible stamps. Lamborghini is launching its…
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Telegram’s TON network and coin were destined to fail with regulators, experts say. So, what’s left of the project? Telegram Open Network is off to a very uncertain future. Earlier this week, Telegram CEO Pavel Durov announced his company’s “active involvement with TON” was over, following a drawn-out legal battle with the United States Securities…
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To combat counterfeit goods, the Italian government has allocated €15M to develop and implement blockchain and other tech-based solutions. Counterfeit “Made in Italy” products are sold in marketplaces around the world. The Italian government is now fighting back against these knockoffs by investing €15 million ($16.2 million) towards the development of a blockchain-based solution. According…
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Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption. Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me…
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Losing privacy may be a big concern in the response to the COVID-19 pandemic, but a new class of technology is positioning us well for a more anonymous future. Before the COVID-19 pandemic, privacy was already at a premium. Now, we’re facing a further dive into the uncharted territory of pervasive privacy intrusions. Targeted advertising…
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Cointelegraph interviewed Alogrand founder and Turing Award recipient Professor Silvio Micali to discuss blockchain-based solutions to contact-tracing amid the coronavirus crisis. With some countries beginning to lift lockdown restrictions amid the coronavirus pandemic, many are focusing attention on the technological tools that can help public authorities to comply with the World Health Organization’s guidance for…
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China to officially set blockchain engineers as a new occupation to promote employment amid global COVID-19 pandemic. The ongoing coronavirus pandemic is transforming blockchain companies, and its impact is not always negative for the blockchain industry. Amid the latest coronavirus crisis-fueled changes, China is taking another step toward blockchain adoption to officially recognize industry jobs.…
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Crypto.com has secured what it claims is the largest insurance coverage in the industry, following a surge in new users and volumes over recent months. Crypto.com has secured a $100 million direct insurance policy provided by Arch Underwriting at Lloyd’s Syndicate 2012. Per a May 11 announcement, the new policy brings Crypto.com’s total coverage to…
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The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform. Contributors included the People’s Bank of China, the China Banking Regulatory Commission,…
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