Pinsent Masons paralegal Shanelle Mattu tracks the evolution of currency and considers whether crypto assets are the future of money
Venmo users will be able to buy, hold and sell various virtual currencies, parent company PayPal announced Tuesday, becoming the latest payment app to embrace cryptocurrencies amid a broader institutional acceptance that could push the once-esoteric offerings into mainstream use.
Cryptocurrency is so hot it might melt the polar ice caps. But a new group dubbed the Crypto Climate Accord is debuting today as a way to address how the industry deals with token mining’s negative effects on the environment.
Every time you make an electronic payment, whether from your mobile, online, or with a card, that transaction passes through multiple systems. Each of them plays a role in processing that payment and forms part of the sequence of checks and balances that exist between payer and payee.
Blockchain firm LBRY tries to rally sector against SEC; critics allege a ‘cryptocurrency suppression program’
The Securities and Exchange Commission last week sued blockchain company LBRY Inc. for alleged selling unregistered securities in a case that could threaten Americans’ ability to buy and sell popular cryptocurrencies, including bitcoin and ether, experts say.
While the popularity of Bitcoin continues to fluctuate wildly a decade after it came into existence, its underlying distributed ledger technology (DLT) has attained reasonable stability. And as unlikely as it seems, it has turned the spotlight on the humble ledger that has been around for centuries as a record of accounting debits and credits.
Blockchain, a buzzword with revolutionary potential, is a public ledger that automatically records and verifies transactions. Also known as distributed ledger technology (DLT), it is the fundamental building block that powers Bitcoin, Ethereum, and other virtual currencies.
Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year.
The London-based start-up said its latest cash injection was led by DST Global, Lightspeed Venture Partners and VY Capital. It comes just one month after the company raised $120 million at a $3 billion valuation.
Distributed ledger technology (AKA blockchain) is catalyzing a long-term shift of trust in distributed business environments worldwide. Chained data blocks make assets traceable, cryptography enables trusted ownership, and consensus algorithms realize distributed business consistency.
India is reportedly moving forward with a sweeping ban on cryptocurrencies. According to Reuters, the country’s legislature will introduce a bill that criminalizes trading, mining, issuing, transferring, or possessing cryptocurrency.
Blockchain has been one of the most talked-about tech trends of the last few years. As with many other trends that were important before the pandemic hit, it didn’t make as many headlines in 2021 as it has done previously.
The 21st century has set the premise for today’s disruptive digital economy, where creating and broadcasting digital content has become commonplace thanks to mobile devices and social platforms, created and published at a large scale.
Malicious hacking has become a pernicious and dogged fact of life for more organizations, and it’s a threat that has seemingly grown more complicated and sophisticated over time.