AML stands for Anti Money Laundering. In crypto, this term is widely used because many critics claim that digital assets are used for money laundering. Although the fight against money laundering takes place in all economic sectors, this article will focus on AML measures specific to the blockchain world. Why…
Bitconnect was an investment lending platform operating in the crypto sector, known for developing a classic Ponzi scheme. The company promised its investors significant returns, paying out existing loan interest with newly pledged loans. It wasn’t the only scam ever pulled off in the industry, but it’s…
In cryptocurrencies, a block reward is the reward given to miners who have added a block to the blockchain. Depending on the digital asset in question, the attribution of these rewards may vary. However, in most cases, people who insert a block into the blockchain receive some of the coins…
An atomic swap is a peer-to-peer exchange that allows two users to exchange digital assets without going through an exchange, centralised or not. How does it work? While the core principles of an atomic swap are relatively easy to grasp, the whole thing is a bit harder to get…
Robinhood has just taken another hit. Its shares dropped 10% on Thursday, 19th August, the lowest after its worst trading debut among companies with an IPO of the same size. The company started with 55 million shares debuting at $38. Robinhood stock is on a rollercoaster Despite promising…
Binance.US, the US branch of the trading platform, intends to raise additional capital in its upcoming funding round, according to Changpeng “CZ” Zhao, CEO of the world’s largest cryptocurrency exchange. Binance’s investor base According to Binance CEO, even despite regulatory concerns, a number of top-level investors are showing interest…
CryptoQuant, an on-chain data analytics company, tweeted that earlier this month they recorded a major shift in Bitcoin fund flows. Analysts point out that in just one day over $131 billion ( ̴ £94.1 billion) worth of BTC was moved. And only 1% of this amount is accounted for…
The central bank of Estonia has discovered what it called ‘unlimited potential’ in its pilot tests of a blockchain-based digital euro. The trial results revealed that blockchain technology could ‘in theory’ support almost unlimited number of transactions. The experiment Following a research conducted in cooperation with several other central…
After conquering the worlds of sport, music and gaming, NFTs have their eyes on another sector: culture. In Hong Kong, a media outlet is working on a project to create a series of NFTs depicting monuments, such as the Kowloon Walled City, which will then be converted into The Sandbox’s Ethereum-based…
A group of 35 experts have taken a quick glance into their crystal balls to predict the price of Ethereum (ETH) in 2025. Their estimates range from $1,850 (~£1,304) to $100,000 (~£70,589). Ethereum 2025: what do the experts say? On 10th May 2021, a report by Finder entitled “Finder…
Just a week after its launch, over 22,000 SwissBorg app users have deposited the equivalent of £120 million worth of BTC. They have been earning upto 9% pa paid directly in BTC every 24 hours. This is in addition to their existing yield wallets, where you can earn up…