DeFi
Adoption
Lloyd’s of London Ventures into Cryptocurrency Insurance
Lloyd’s of London has entered into an agreement with custodial firm Kingdom Trust to offer cryptocurrency insurance services in a move that further amps…
Adoption
Chinese Investors Lead Cryptocurrency and Blockchain Funding in the US
Chinese investors are leading the pack for early-stage crypto funding in the U.S. and other regions, according to TechCrunch. The Chinese Crypto Foray In…
Technology
BAT-Enabled Brave Browser Hits 10 Million Downloads
Brave Software has revealed that its cryptocurrency-backed browser, Brave, has surpassed 10 million downloads. Earlier this year, in May, the browser reached 5 million…
Analysis
PwC Report: Blockchain Technology to Reach $3 Trillion by 2030
PwC, a “Big Four” auditing firm, recently published research that found 84 percent of companies have either a “live” blockchain project or experiment underway. China…
Exchanges
Crypto Exchange Huobi May Go Public on Hong Kong Stock Exchange
The Singapore-based cryptocurrency exchange Huobi is facilitating a majority shareholder takeover of a Hong Kong-listed company, which could see Huobi go public based on…
Adoption
Indian Government Forms Blockchain and Cryptocurrency Task Force
Despite an infamous crackdown on digital assets, the Reserve Bank of India (RBI) has created a task force to explore avenues and unique use-cases…
Regulation
Chinese Giant Baidu Joins Corporations in Cryptocurrency Crackdown
After WeChat and Tencent distanced themselves from cryptocurrency-related activities and businesses last week, the Chinese search engine Baidu stated it would actively work to…
Exchanges
Coinbase Hits 500 Employee Mark, Shrimpy Adds Portfolio ‘Rebalancing’ to Coinbase Pro
On the heels of declaring Coinbase a “cryptocurrency company” instead of a tech/finance firm, Natalie McGrath, head of people and operations, revealed that the…
Adoption
Report: Israel May Adopt Cryptocurrencies to Prevent Tax Evasion
Despite Bitcoin’s plummet to $6,600 (at time of writing), world governments and emerging economies remain invested in the idea of a blockchain-powered ecosystem supplemented…
Crypto
Ethereum Developers Discuss Hard Forks and Block Issuance Reductions
On Aug. 24, Ethereum core developers held a publicly streamed meeting on YouTube, briefly discussing updates for the world’s second-largest cryptocurrency network and focusing…
Regulation
Russia May Criminalize Illegal Cryptocurrency Activities
Maintaining its positive, yet careful, stance on cryptocurrencies, the Russian Ministry of Internal Affairs is considering making all unauthorized cryptocurrencies a criminally-liable offense, according…
Adoption
Bank of America Files for Cryptocurrency Storage Patent
Bank of America, the second-largest U.S. bank by total assets, has filed a patent with the U.S. Patent and Trademark Office, which was published…