Wednesday, July 8, 2020
Home Blockchain Technology

Blockchain Technology

Twitter users have raised concerns about the possibility of Binance’s Android app containing spyware. This speculation comes after recent revelations suggest that the social video platform, TikTok, contains spyware created by the Chinese government.According to the Twitter user @ShitcoinSherpa, who posted a certificate issuer’s screenshot, the permissions asked by...
Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the top-ranked asset on CoinMarketCap, over the next couple of years. This does not mean that Morehead is negative on...
The founders of the Vega Protocol believe that the concept of order book-based decentralized exchanges is not quite dead yet.A key component of their quest to reinvigorate the concept was announced on Wednesday as a research paper. Titled “Market-Based Mechanisms for Incentivising Exchange Liquidity Provision,” the paper devises a...
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns, trade...
The United States Internal Revenue Service and Treasury Department have published minimal guidance on the tax treatment of virtual currency and no guidance on Simple Agreement for Future Tokens or secondary forward contracts on SAFTs. Accordingly, it is difficult to determine the appropriate U.S. federal income tax treatment of...
The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of the emerging crypto and blockchain space. Developments around central bank digital currencies, as well as the impact of COVID-19 on the industry,...
A Libra executive has confirmed the project has still not lost sight of its original ambition to launch a multi-currency stablecoin. DisclosureThe leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an...
Leah Callon-Butler, a CoinDesk columnist, is the director of Emfarsis, a consulting firm focused on the role of technology in advancing economic development in Asia. There are 1.7 billion unbanked people around the world, and if you had the chance to ask each and every one of them what they...
On July 8, Volvo Cars Tech Fund announced their investment in blockchain traceability startup, Circulor.Volvo previously used Circulor’s traceability solution to track cobalt in its batteries. Much of cobalt mining happens in Africa under questionable conditions and involves child labor. In the era where more consumers are becoming concerned...
U.S. sanctions in response to Hong Kong’s national security law – and Beijing’s tighter grip over the city’s financial system – could pose challenges for local crypto brokerage firms.  The U.S. Senate passed the Hong Kong Autonomy Act on Thursday to penalize China for eroding Hong Kong’s autonomy. The bill...