Lars Nordmark

WeChat And Alipay Blocks Cryptocurrency Payments
Bitcoin
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 ensure that the limit an account can receive is only enough to meet the daily…
Cardano Introduces Smart Contracts For Financial Transactions
Cardano
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 algebraic type in Haskell, together with an executable small-step semantics. The language is domain-specific and…
Don't Obsess Over Bitcoin ETFs, Bakkt Will Have a Bigger Impact
Bitcoin
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 futures, physically backed by Bitcoin which will be delivered the next day to the contract…
The Utilization Of Cryptocurrencies, Not The Price, Is The Most Important Metric Says Cryptocurrency Advocate
Bitcoin
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 way cryptocurrencies and Bitcoin could, it is going to take a long time to understand…