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    Smartlink Becomes Newest Corporate Baker on Tezos

    As of today, Smartlink has become an official corporate baker on Tezos’ ecosystem. Built on Tezos, the decentralized escrow smart contract platform is ready to expand its role on the network.In detail, this means that Smartlink will help validate transactions on the Tezos blockchain. This decision to become a corporate baker is in line with the project’s goal to further solidify its commitment to the Tezos ecosystem. At the moment, over 400 bakers coming from all over the world participate every day to secure Tezos’ network. Now, Smartlink has joined the ranks as well. Along with it are other prominent bakers that include global cloud provider Exaion, insuran…Continue reading on CoinQuora More

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    Why US Senators Are Afraid of the “Faceless Super-Coders”

    Unreasonable Insults? Senator Elizabeth Warren (D-MA) is one of Congress’s most notorious crypto skeptics. She has expressed her worries about the financial system’s increasing exposure to cryptocurrencies. She believes that issues within the cryptocurrency market could spread throughout the financial sector. Not only did Warren send a letter to Treasury Secretary Janet Yellen asking for greater regulation of the crypto industry, but at a hearing of the Senate Banking Committee, she proclaimed crypto puts the system at ‘’the whims of some shadowy, faceless group of super-coders and miners’’ instead of leaving financial system to the giant banks. Yet leaving the financial system to the giant banks is probably the biggest threat here…. There Are Always Two Sides to Every Story Many crypto users and supporters are self-proclaimed libertarians and anarcho-capitalists. The supporters of blockchain and crypto technology are largely driven by the vision of transforming the world through the development of new tools for mankind rather than enduring the traditional political process. Just like Harvard Business Review described: “Contracts, transactions, and the records of them are among the defining structures in our economic, legal, and political systems They’re like a rush-hour gridlock trapping a Formula 1 race car. In a digital world, the way we regulate and maintain administrative control has to change.”
    Even though fundamentals of the vision are potent, the reality is different. Crypto is not exactly that trustworthy in the hands of greedy. Some tokens are under serious scrutiny for concealing transactions that can potentially be linked to money laundering and other felonies. Anonymous criminals can make payments without going through regulated banking systems. There are several obstacles crypto needs to overcome to achieve good reputation. The same applies to wealthiest who have concentrated all the power into the hands of the few. The state, that is the civil servants, functionaries, bureaucrats and politicians, pretty much anyone who holds a position of authority to allocate rights over public resources in the name of the state or the government are also seeking personal gain and to withhold dominance. Hence, the reason for senators like Warren to “worry” are because these “faceless super-coders” and “shadowy miners” have a chance to take that power away. Governments Are Not the Only Ones Yelling It’s not only governmental clerks that yell at crypto, sometimes crypto clerks yell at governmental decisions like CBDCs For instance, Rich Checkan, the president of Asset Strategies International (ASI) described central bank digital currencies (CBDCs) as “concocted in hell by Satan himself.” He thinks that CBDC’s will give incredible control to governments which would lead to “a void of privacy for every individual citizen.” Checkan also slammed CBDCs due to the threat they pose to individual privacy by allowing the state to monitor and track every transaction you make throughout your entire life, which would ultimately give them undue power. On The FlipsideEMAIL NEWSLETTERJoin to get the flipside of cryptoUpgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.[contact-form-7]
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    Crypto Volatility Index Levels Up, Version 2.0 Is Now Live

    The Crypto Volatility Index (CVI) team is thrilled to announce the launch of CVI V2. After intense months of planning, designing, and developing, this new Version 2.0 is bringing some amazing new features and improvements.Specifically, the biggest new updates on the new live platform include a USDC platform and a revamped UX. Moreover, the new version is also introducing margin trading on the Polygon network. Finally, it will also be bringing volatility tokens on decentralized exchanges (DEXs).In detail, the USDC platform is new to this version. Users can now open positions, provide liquidity, and stake CVI USDC on the platform. Similarly, th…Continue reading on CoinQuora More

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    Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline

    Rarible is one of the most popular sites for buying and selling digital collectibles, and in April, it reached $2.5 million in daily transactions, according to DappRadar. But as the overall cryptocurrency market entered a bearish spell, Rarible’s numbers took a nosedive and have not recovered yet. Data reveals how volumes declined to levels not seen since June 2020.Continue Reading on Coin Telegraph More

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    Mastercard Announces a Program Supporting Blockchain and Crypto Startups

    Mastercard announced a corporate business focused on supporting blockchain and crypto startups.During a press release on Tuesday, the international payment provider announced that it chose many startups to join its Start Path program focused on firms in the crypto space.According to Mastercard, the program gives business opportunities, access to guidance. And many other things to help the startups succeed.The company chose 7 startups to join the program. This includes Domain Money, GK8, Mintable, STACS, SupraOracles, Taurus, and Uphold. In addition, Mastercard said it will work with them to expand and accelerate innovation around digital asset technology. Also, to make it safer and easier for people and companies to buy, spend and hold digital assets.The Mastercard team noted that they would focus on issues turning around the tokenization of assets. Moreover, they will …Continue reading on CoinQuora More

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    Coca-Cola Set to Auction Its NFT Collection for Charity

    Like many global leading brands, Coca-Cola has also gotten on the NFT bandwagon. The soft drink titan shares its plan to release a collection of Non-Fungible Tokens (NFTs). Additionally, it said that proceeds will go to Special Olympics International.In detail, the brand will release its NFT collection on the OpenSea marketplace during a three-day auction. The bidding will go from July 30, 2021, to August 2, 2021. In particular, Tafi — the digital designer, will be partnering with Coca-Cola to make its NFT collection. The idea for the NFT designs seems to have come from video-game loot boxes that c…Continue reading on CoinQuora More