Category: Adoption

Chainlink oracles to bolster AML measures for Coinfirm’s DeFi solution

London-based Coinfirm will now utilize Chainlink’s market-leading oracle service to provide anti-money laundering (AML) tools for DeFi projects, it said in a release Wednesday. The firm will use Chainlink’s oracle network to bring their AMLT Oracle, an AML solution for DeFi, to the rapidly expanding smart contract and the DeFi economy. This would make Coinfirm’s…

October 29, 2020
Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin

The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date.

October 29, 2020
Peru is studying crypto exchanges to figure out future laws

The pandemic is not stopping Peru’s lawmakers from testing ways of regulating the crypto industry.

October 28, 2020
From Brazil To Turkey, Bitcoin Prices Hit All-Time Highs Around The World

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! One bitcoin will always be worth 1 bitcoin, but its price relative to fiat currencies is an important indicator of how much people around the world value the opportunity…

October 28, 2020
Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs

Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday. Mastercard processes billions of dollars in daily transactions around the world and is present in over 110 countries. The firm does provide fiat on-ramps…

October 28, 2020
Former Visa exec joins Crypto.com to drive Latin American market

Traditional finance execs are increasingly moving into crypto positions.

October 28, 2020
JPMorgan stablecoin goes live, interbank group renamed to “Liink”

JPMorgan, the US bank whose CEO Jamie Dimon once called Bitcoin a scam and held a bearish stance for the cryptocurrency market, today announced the launch of its stablecoin and blockchain protocol after years in the development. JPM’s stablecoin makes an appearance Takis Georgakopoulos, the bank’s global head of wholesale payments, confirmed in a note…

October 27, 2020
Bitcoin becoming less-risky as an investment, Novogratz says

Investing big money into Bitcoin 10 years ago came with immense uncertainty. Now, buying the asset carries less risk, according to the ex-hedge fund manager.

October 27, 2020
Bitcoin investing interest up 19% compared to 2019, Grayscale report says

Grayscale’s poll found that the majority of people they spoke with were interested in Bitcoin.

October 27, 2020
Cuban freedom fighters launch underground Bitcoin remittance network

Fiat trades are often completed for a sizable fee by bike-riding crypto enthusiasts.

October 27, 2020