Mastercard’s chief digital officer, Jorn Lambert, believes that blockchain technology has the potential to revolutionize the payments industry. However, he emphasizes the need for “financially-regulated applications” and “central bank-backed money” to achieve mainstream adoption. In an interview with PYMNTS, Lambert expresses confidence in the integration of digital assets and blockchain technology within the Internet of
Erik Voorhees, the founder of Shapeshift and a prominent Bitcoin advocate, believes that decentralized finance (DeFi) has effectively addressed the issue of regulatory clarity that hinders people from possessing or trading a majority of cryptocurrencies. There is growing concern within the crypto industry that all cryptocurrencies, apart from the four listed on the newly launched
Tokenization has the potential to revolutionize financial and non-financial infrastructure and financial markets in the next five to 15 years, according to a recent research report by Bank of America (BofA). The report highlights the wide-ranging implications of tokenization, which involves converting real-world assets or rights into digital tokens on a blockchain network. By representing
The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) has the potential to make the asset more accessible to individual investors and mutual funds. Unlike a futures-based Bitcoin ETF, a spot-based ETF involves the actual purchase of BTC. However, the approval of the first Bitcoin ETF may not necessarily be a bullish event. Regulatory
Bitcoin (BTC) had an impressive 12% gain in June, closing the month on a positive note. Despite a last-minute dip due to a macro news event, Bitcoin managed to maintain a solid position. The data from Cointelegraph Markets Pro, TradingView, and CoinGlass confirms that the monthly close for Bitcoin was $30,465 on Bitstamp. This makes
The price of Bobo Coin (BOBO) has experienced an astonishing surge, increasing by over 200% in the past 24 hours. Its current value of $0.000000050417 represents a remarkable growth of 3,000% since its initial listing on Uniswap a couple of months ago. Despite this surge, BOBO remains approximately 23% below its all-time high of $0.000000065803,
Bitcoin Cash (BCH) has recently experienced an astonishing surge of 70% in just seven days, leading to speculation about its potential to outshine Bitcoin. Currently hovering around the $300 mark, BCH has already completed a significant 78.2% Fibonacci retracement, further fueling interest in its upward trajectory. This analysis will delve into the technical outlook and
Los Angeles, CA – Keyback.io, a renowned innovator in the tech and cryptocurrency industry, is delighted to announce the launch of its highly anticipated product: a seed-phrase backup and recovery tool combined with a programmable deadman switch. This groundbreaking solution aims to cater to the crucial requirement for secure and reliable wealth preservation and transfer
The ongoing lawsuit between the Securities Exchange Commission (SEC) and Coinbase has taken a new turn as the presiding judge reschedules the pretrial conference. Originally set for August 24, the conference has now been moved forward to July 13. This decision was made in response to a request by the SEC, which asked for a
Canada is poised to make significant strides in adopting blockchain technology, as a prominent group of lawmakers has urged the government to formulate a national blockchain strategy. Similar to the United States, Canada currently lacks clear regulations in the crypto and blockchain market, placing the country at a disadvantage. While various regions worldwide are actively