WeChat And Alipay Blocks Cryptocurrency Payments

WeChat And Alipay Blocks Cryptocurrency Payments

The Chinese payment platforms WeChat Pay and Alipay are both working on blocking cryptocurrency payments. In a message from Tencent, the developer and maintainer of WeChat, are saying that they have established a risk control model to identify cryptocurrency transactions. Furthermore,  they will restrict the ability for people to receive and collect cryptocurrency funds and … Continue reading WeChat And Alipay Blocks Cryptocurrency Payments

Cardano Introduces Smart Contracts For Financial Transactions

Cardano Introduces Smart Contracts For Financial Transactions

Marlowe, a new smart contract language for Cardano aimed primarily at financial contracts on the blockchain was revealed some days ago. The language has been developed by researchers from IOHK, a company that are the main developers and maintainers of the blockchain Cardano. In the whitepaper, the programming language is described as modeled as an … Continue reading Cardano Introduces Smart Contracts For Financial Transactions

Don’t Obsess Over Bitcoin ETFs, Bakkt Will Have a Bigger Impact

Don't Obsess Over Bitcoin ETFs, Bakkt Will Have a Bigger Impact

Bakkt, derived from the word “backed”, is a startup company which aim is to provide professional and institutional investors with a cryptocurrency exchange. The difference between Bakkt and an ETF is that Bakkt is similar to a regular cryptocurrency exchange, but where the exchange also works as the middle-man. The Bakkt exchange will offer 1-day … Continue reading Don’t Obsess Over Bitcoin ETFs, Bakkt Will Have a Bigger Impact

The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate

The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate

In an interview at CNBC, Meltem Demirors, CSO at the digital asset management firm CoinShares, said that since it is hard to pinpoint the narrative of  Bitcoin and other cryptocurrencies, it might take a long while until they gain in value. She says that for a new technology that will shift the paradigm in the … Continue reading The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate