Category Archives: Blockchain

Cryptocurrency Exchanges Pivot to Decentralization to Avoid Overseeing User Funds

Earlier this week, Bloomberg columnists and editors Benjamin Robertson, Matthew Leising, and Andrea Tan spoke with various experts from decentralized exchange projects, research firms, and cryptocurrency exchanges to explore the motivation behind the focus of blockchain projects on decentralized exchanges. Any platform or application online is hackable, especially if poor security measures are implemented. Even the largest cryptocurrency exchanges in the global market such as Bithumb and Bitfinex experienced large-scale hacking attacks and major banks fall victim to long-term security breaches on a regular basis. Continue reading Cryptocurrency Exchanges Pivot to Decentralization to Avoid Overseeing User Funds

German Online Bank Favors Bitcoin for International Money Lending

Bitbond, an online bank founded in Germany in 2013 by German Radoslav Albrecht, has found an innovative use case for bitcoin’s borderless nature: international loan payments. It was the first to use bitcoin to transfer credit in currency internationally, not only as loan collateral, and it’s currently processing about $1 million in loan payments per month. Continue reading German Online Bank Favors Bitcoin for International Money Lending

MMA Title Challenger Mei Yamaguchi Sponsored by Bitcoin Cash Fan Roger Ver

MMA fighter Mei Yamaguchi from Japan is set to fight Angela Lee for the Atomweight World Championship title at One Championship’s ‘Unstoppable Dreams’ in Singapore and, bitcoin cash promoter Roger Ver will be sponsoring her in that match. In a video announcing the sponsorship deal, Ver sat down with Yamaguchi to discuss MMA and cryptocurrencies. He was excited to demonstrate how Bitcoin Cash worked and sent her $1,000 in bitcoin cash (0.0642 BCH) in real time. Yamaguchi, in turn, discussed her MMA career. Continue reading MMA Title Challenger Mei Yamaguchi Sponsored by Bitcoin Cash Fan Roger Ver

Lawyers to Launch Blockchain-Only Law Firm

At least that’s according to prominent blockchain industry attorneys, Angela Angelovska-Wilson and Lewis Cohen, who revealed exclusively to CoinDesk Friday that they have started their own law practice focused on the nascent industry. Called DLx Law LLP, the firm opened its doors this month, with offices in New York and Washington, D.C. Its founders, Angelovska-Wilson, previously general counsel and chief compliance officer at enterprise blockchain startup Digital Asset, and Cohen, a seasoned securities lawyer, aim to run the firm differently than the typical law practice, in a way that aligns better with the culture of the blockchain space. Continue reading Lawyers to Launch Blockchain-Only Law Firm

Facebook ‘Exploring’ Making Its Own Cryptocurrency

Facebook is reportedly “exploring” the creation of its own cryptocurrency, news media outlet Cheddar reported May 11. According to Cheddar’s anonymous sources, people “familiar with Facebook’s plans,” the social media giant is “very serious” about plans to launch an in-app virtual coin. Continue reading Facebook ‘Exploring’ Making Its Own Cryptocurrency