() () () () () () () () () () () () () () () () () () () ()

Archive for May 2020

Advancing Policy: Regulator and Industry Coordination Key to Swift Implementation

Advancing Policy: Regulator and Industry Coordination Key to Swift Implementation

“Coming together is a beginning, staying together is progress, and working together is success” — the words of Henry Ford give expression to the spirit of collaboration that defines human progress. His ethos around unity extends to many societal strands, including endeavors of profit, community initiatives and far-reaching government policies. When navigating uncharted territory, such…

Read More

For the Blockchain Industry, the COVID-19 Clock Is Ticking

For the Blockchain Industry, the COVID-19 Clock Is Ticking

Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums of funds within minutes as the public’s focus shifted to the wild world of cryptocurrencies. Once the hype faded, the emerging narrative surrounded…

Read More

Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge

Crypto Funds in Demand, Institutions See Bitcoin as Alternative Hedge

While the theater world has Waiting for Godot, the crypto sphere has its own drama: Waiting for the Institutional Investor. Recently, there have been some promising sightings. Grayscale Investments has been buying up Bitcoin (BTC) at a great rate in recent months.  Indeed, since the May 11–12 rewards halving event, the fund has been accumulating…

Read More

Conquering Decentralized Finance: Enter the Custodians

Conquering Decentralized Finance: Enter the Custodians

The future of finance is decentralized. Striving to facilitate that prognosis, decentralized finance — or DeFi — is quickly shaping into an alluring prospect for investors and companies alike. Looking to harness this decentralized ideal, rivals to the Ethereum-centric sector are feeling the fear of missing out and leveraging their own blockchains in order to…

Read More

ZebPay Commissions Chainalysis for Crypto Compliance in India

ZebPay Commissions Chainalysis for Crypto Compliance in India

Major Indian cryptocurrency exchange and wallet provider Zebpay has commissioned blockchain forensics firm Chainalysis to monitor transactions executed across its platforms in India. The move comprises an expansion in the partnership between Chainalysis and ZebPay, with Chainalysis already providing its Know Your Transaction (KYT) services for ZebPay’s operations in Singapore. “We wanted to build a…

Read More

Indian Banks Still Cryptophobic Despite No Banking Prohibition

Indian Banks Still Cryptophobic Despite No Banking Prohibition

In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide bank accounts to cryptocurrency traders. But some banks have been arbitrarily denying services to crypto users and are still doing so. If there is no…

Read More

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back

$10,000 Bull Trap? Why Bitcoin Price Is Now Likely to Pull Back

Bitcoin (BTC) price was once again sideways last week with price action between bulls and bears proving to be equal. But scenarios look likely for Bitcoin as we approach the month of May comes to a close? Let’s take a look at what’s happening with the largest cryptocurrency by market capitalization, BTC.  Daily crypto market…

Read More