Tag: Finance

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Bancor’s Airdrop as First Step to Take Blockchain Out of 1997: Interview

Cointelegraph interviewed Bancor’s Eyal Hertzog and Nate Hindman to learn more about the planned BNT airdrop, DAO transition and the future of crypto. Decentralized exchange project Bancor (BNT) is currently in the midst of launching a massive airdrop to all its token holders. Cointelegraph took the occasion to interview Co-founder and Product Architect Eyal Hertzog,…
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More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

Bitcoin scam ads featuring Martin Lewis appear on Instagram less than a year after Lewis settled a defamation suit with Facebook. Suspected crypto con artists are once again using the likeness of British financial expert Martin Lewis to defraud unsuspecting victims. In 2019, Lewis settled a defamation suit against Facebook for similar Bitcoin (BTC) scam adverts.…
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Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization

New York lawmakers proposed a bill on a P2P savings and payment platform called the “New York Inclusive Value Ledger.” New York lawmakers proposed a bill on a peer-to-peer (P2P) savings and payment platform called the “New York Inclusive Value Ledger.” Introduced by New York State Assembly legislator Ron Kim and Senator Julia Salazar, the…
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Report: Ethereum, Tron and EOS Dominated DApp Ecosystem in 2019

DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the…
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NY Governor Wants Crypto Firms to Cover Costs for NYDFS Oversight

New York Governor Andrew Cuomo wants crypto businesses to pay for NYDFS’ oversight to “make progress happen.” Cryptocurrency entities licensed under the New York’s Financial Services Law (FSL) should pay the costs of regulatory oversight, Governor Andrew Cuomo believes. The Democratic Governor purportedly wants the state authorities to amend the FSL in order to require…
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Bitcoin Scam Ads Featuring Martin Lewis Now Spotted on Instagram

Fake Martin Lewis Bitcoin scam ads have been spotted on Instagram after Lewis settled a defamation lawsuit against Facebook in 2019. Bitcoin (BTC) scam ads featuring the likeness of Martin Lewis have continued to appear on social media despite Lewis’ previous efforts to prevent such illegal practices. After the British financial expert settled a defamation…
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Privacy Coins in 2019: True Financial Freedom or a Criminal’s Delight?

What did 2019 bring by way of privacy coins in criminality, how have things changed, and what is the 2020 outlook? The right to privacy is a fundamental prerequisite for peace of mind and security. The idea that only criminals have something to hide is strange. Contrarily, privacy is sought by almost everyone. Yet, it…
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R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members

The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date. The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the…
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World’s 2nd-Largest Bank CCB Launches Blockchain Refactoring: Report

China Construction Bank, the world’s second-biggest bank, has officially launched its blockchain-based refactoring platform. China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by…
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Pomp Joins Figure’s Board as Firm Completes $103M Funding Round

California-based fintech company Figure Technologies has completed its $103 million funding round led by Morgan Creek Digital. California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano…
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