Blockchain

Is Blockchain Halal? These Startups Are Transforming Islamic Finance

Islamic financial institutions are increasingly using blockchain technology for complex financing terms, Shariah-compliant transactions and Islamic and sharia-compliant alternatives to conventional insurance. Blockchain can assist in KYC, back-office automation, and underwriting of micro-insurance. Several Islamic Financial Institutions are Trying Blockchain Emirates Islamic was the first Islamic bank to test blockchain. It is part of the UAE’s […]

Blockchain

‘Market Will Catch Up’ – Bitcoin Network Statistics Show 2018 as ‘BUIDL’ Year

Bitcoin had its year of “BUIDL” in 2018, with everything but price “improving and growing,” Statoshi.info creator and Casa Hodl CTO Jameson Lopp has revealed. What’s In A Bitcoin Price? In a retrospective of the Bitcoin network published January 1, Lopp, a serial commentator on technical and wider issues affecting cryptocurrency, came out highly bullish […]

Blockchain

LibrePatron Uses BTCPay To Bypass ‘Censorship-Heavy’ Patreon With Bitcoin

A US attorney and developer has vowed to release an alternative to crowdfunding platform Patreon using open source Bitcoin payment processor BTCPay. Replicating Patreon’s ‘Full Feature Set’ In a series of tweets December 30, Jeff Vandrew Jr. released a sample site for LibrePatron, which he claims incorporates the “full feature set” of Patreon itself. The […]

Blockchain

Facebook Wants to Mint Its Own Stablecoin for WhatsApp

Facebook, the world’s largest social media website has been reportedly working on a stablecoin to allow WhatsApp users to transfer money. The company’s initial focus is supposedly the remittance market in India.  Facebook’s Stablecoin The social media mogul is developing a stablecoin pegged to the US dollar, Bloomberg reports, citing sources who have asked not to be named. […]

Blockchain

Peter Thiel Invests in a New ‘Proactive’ Cryptocurrency Investment Platform

The cryptocurrency investment and infrastructure platform Layer1 has successfully closed a $ 2.1 million seed funding round. Investors who took part include PayPal’s co-founder Peter Thiel and Barry Silbert’s Digital Currency Group.  Layer1 Raises $ 2.1M With Help From Peter Thiel Despite the prolonged bear market of 2018, cryptocurrency investment platform Layer1 led by Alexander […]

Blockchain

Privacy Coins Like Monero Perfect For Buying Cannabis in Canada, Says Expert

Senior market analyst at eToro believes that privacy coin usage in Canada will “almost certainly” increase as the country has officially warned citizens to protect their personal information by buying cannabis with cash.  ‘Consider Using Cash’ The Privacy Commissioner of Canada has released a guidance document which addresses some of the concerns marijuana users need to […]

Blockchain

Bitcoin’s Liquid Sidechain is Being Adopted by Swiss Finance Industry

Swiss IT consulting firm Inacta AG has become an official partner of Blockstream’s Liquid Sidechain for Bitcoin, the company confirmed December 17. Tokengate Meets Liquid Sidechain Inacta, one of many Blockchain-focused companies headquartered in Switzerland’s Crypto Valley in the town of Zug, also became the first token platform operator to support Liquid tokens. Billed as […]

Blockchain

3 Cryptocurrencies Decoupling From Bitcoin into 2019 (PAL, TRX, WAVES)

2018 was underwhelming compared to 2017. The bear market went into full swing and most cryptocurrencies lost over eighty percent. Bitcoin has begun decoupling from many cryptocurrencies including those having some of the biggest developments of 2018. WAVES, TRX, and PAL are three cryptocurrencies that have persevered through the bear market. These three projects exceeded […]

Blockchain

The HTC Exodus 1 ‘Blockchain Phone’ is Here and It’s Underwhelming

This week saw the first reviews of the HTC Exodus 1 blockchain phone, as ‘Genesis Block’ pre-orders started to ship. However, threatening to steal HTC’s thunder came crypto-related trademark applications from Samsung, amid speculation features may arrive early next year. HTC Exodus Arrival So it’s finally here; 7 months on from its announcement in May, […]