After what has been a crazy year in almost every sense of the word, businesses are left wondering how to proceed, Ripple Labs CEO Brad Garlinghouse said. “The pandemic is throwing so many playbooks out the window,” he posited in an Aug. 28 tweet. “Yesterday’s action flies in the face of decades of precedent,” he said, pointing toward an Aug. 27 article from the Wall Street Journal on the U.S. Federal Reserve choosing to keep interest rates low at the possible expense of higher inflation. “Signs point to further dollar debasement…
Day: August 29, 2020
Cryptocurrency news from Japan: Aug. 23
This week’s headlines from Japan included one of country’s leaders describing Bitcoin creator Satoshi Nakamoto’s dream as meaningful, LayerX Labs collaborating with a Japanese university for blockchain research, the FINSUM blockchain conference hosts notable discussion on security tokens offerings, and the head of Monex Group saying Japan is falling behind the U.S. on STOs. Check out some of this week’s crypto and blockchain headlines, originally reported by Cointelegraph Japan. Japanese Financial Services Agency head describes Bitcoin as impactful At the end of Tokyo’s 2020 Blockchain Global Governance Conference, or BG2C,…
Building the blockchain community is essential for further developments
Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition. As the blockchain community grows, so does the recognition that cryptocurrency is important. According to Big Four audit firm Deloitte’s “2020 Global Blockchain Survey,” more than half of those surveyed believe that digital assets will be very important, while almost 89% of respondents feel that digital assets will be important to their industries in the next three…
This early Bitcoiner sold BTC on eBay for a 100% markup in 2015
Chris Maurice, CEO of Nigeria-based crypto exchange Yellow Card, made his first business venture into the crypto space back in 2015, selling Bitcoin (BTC) on eBay. “We did that for about a week and we did over $40,000 in sales at a 100% markup,” Maurice told Cointelegraph in an interview. “We were seeing stars at this point,” he recounted, describing his euphoria at the time. The CEO first learned about Bitcoin in 2013 through a friend — Justin Poiroux, the co-founder of Yellow Card exchange, although Yellow Card was not formed…
Providing fertile ground for blockchain innovation
The strain placed on healthcare teams and networks over the past few months has been severe, pushing dedicated medical professionals to the limit as they work tirelessly to combat COVID-19 in communities around the world. The crisis has permeated every facet of society, shining a spotlight on the glaring inefficiencies within the traditional global healthcare system and illustrating the inherent need for technology-driven initiatives that can alleviate pressure on healthcare professionals and ensure patient data collation is as streamlined and secure as possible. As someone who has long championed the…
Chainlink acquires a privacy-preserving oracle protocol from Cornell University
Chainlink (LINK) has acquired a privacy-preserving oracle protocol DECO from Cornell University and one of its creators, Ari Juels, will be joining Chainlink as chief scientist. Previously, Juels served as chief scientist at RSA and has been teaching at Cornell University since 2014, one of the premier blockchain hubs in the world. He is taking a sabbatical to focus on his work at Chainlink. Along with his research partner Markus Jakobsson, he coined the term “proof-of-work”. DECO employs advanced cryptography and zero-knowledge proofs to provide enhanced privacy to its users.…