Day: November 18, 2021

Futurist film maker Ian Khan is helping governments combine AI with blockchain

Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world.  He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film, Blockchain City, is far from an underground production. The 42-minute film, which is available on Youtube and Amazon Prime, is a businessy, optimistic and somewhat sanitized take on the industry. It focuses decisively on piercing the nebulous concept of…

IMF Says Nigerian CBDC Drawing Global Interest, Warns of Associated Risks – Fintech Bitcoin News

The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation, cyber security, operational resilience, and financial integrity and stability. CBDC Attracting Interest In its latest country focus report authored by economist Jack Ree, the IMF explains why Nigeria’s new CBDC has drawn substantial interest from the outside world and from central banks in particular. In the report, the author notes…

‘Tis the Season of Ransomware Indictments, Feat. Chainalysis’ Gurvais Grigg

This week, “Opinionated” hosts Ben Schiller, Anna Baydakova and Danny Nelson are talking to Gurvais Grigg, global public sector chief technology officer at Chainalysis, a blockchain investigative firm. Grigg spent 23 years at the FBI, rising from a trainee to assistant director. But this April, he took a career turn and joined a private sector company, which is often helping law enforcement agencies investigate crypto-related crimes. In his intro blog post, Grigg said crypto becomes a tool of global economic influence, and it’s important for the U.S. to keep up…

US city sets up Bitcoin ATM in airport after crypto payment adoption

North Dakota’s City of Williston continues its exploration and adoption of the cryptocurrency industry with the installation of a crypto automated teller machine (ATM) in its international airport. The city’s administration officially announced the installation of the “government-hosted cryptocurrency kiosk” at the Williston Basin International Airport, allowing passengers and non-travelers to buy and sell 40 digital currencies. The list of supported coins includes Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE) and Shiba Inu (SHIB). For the initiative, the City of Williston partnered with the crypto service Coin Cloud, which provided its…

Cypher Raises $2.1M for Traditional Futures Market on Solana

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Maple Finance Launches First DeFi Syndicated Loan for Alameda Research

Decentralized finance (DeFi) has started eating up syndicated loans. Announced Thursday, Maple Finance, a lending platform that specializes in liquidity pools made up of institutions, has launched its first DeFi syndicated loan for Alameda Research, the trading firm affiliated with global cryptocurrency exchange FTX. In the traditional world, a syndicated loan is financing offered by a group of lenders, usually banks, to borrowers that could be corporations, large infrastructure projects or governments. These loans tend to be denominated in the billions and are spread out among several lenders to mitigate…

Li Rongbin, Founding Partner of SevenX Ventures, Explains Where the Metaverse and NFT Market Are Heading – Interview Bitcoin News

SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion), NFT (Whale, AlchemyNFT), Polkadot ecosystem (Acala, Litentry), AR ecosystem (Koii, Everpay), Near ecosystem (Aurora, Octopus), Web3.0 (YGG, Mask Network), etc. Li Rongbin is a Founding Partner of SevenX Ventures. He recently joined the Bitcoin.com News Podcast to talk about the market: “Eraser” Li is known as an independent thinker and…

Bitso and Circle work on crypto payments between Mexico and US

Bitso, a major Latin American cryptocurrency exchange, is collaborating with the USD Coin (USDC) stablecoin operator Circle to launch a new cross-border payment tool between Mexico and the United States. The company announced on Thursday that the integration with payment solutions from Circle aims to provide Mexican people with a new option to send and receive payments to or from the U.S. Called Bitso Shift, the new tool uses cryptocurrency to enable low-cost and instant cross-border payments available 24/7, allowing users to instantly exchange between Mexican pesos and the United…