140. Insights: Stablecoins and CBDCs explained

Simon Taylor is back with a new co-host, Cuy Sheffield, Head of Crypto at Visa, to discuss all things stablecoins. In this insight episode, Simon and Cuy aim to start at the very beginning, and dive deeper down the stablecoins rabbit hole. What are the problems with existing payments systems? What are the similarities and … Read more

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JP Morgan: CBDC Threatens Hegemony of US Dollar

JPMorgan believes the central bank digital currencies, or CBDC, could pose a threat to the global hegemony of the US dollar. According to a report covered by Bloomberg, the bank’s chief U.S. economist asserted that “[t]here is no country with more to lose from the disruptive potential of digital currency than the United States.” “This … Read more

Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

Investor, early crypto adopter, and CEO of Gemini exchange, Tyler Winklevoss, predicted that competition between stablecoins will really begin once Wall Street moves into decentralized finance, or DeFi, during a recent interview with The Defiant’s Camila Russo. However, despite his optimistic outlook for DeFi, the Gemini co-founder asserted that the crypto industry currently does not … Read more

Libra Exec Hirings Suggest Commitment to Anti-Crypto Regulations

Following a big-time update to its white paper in mid-April, the Libra Association has over the past couple of weeks made a string of striking new additions to its core governance team, including appointing Robert Werner as its general counsel and Stuart Levey as its CEO. Before joining the Libra Association, Werner served as the … Read more

Tether Unseats XRP As Third-Largest Crypto, Dwarfing Its Volume 25:1

Tether (USDT) has overtaken XRP to become the third largest cryptocurrency by market capitalization, as Ripple fails to gain adoption amongst retail investors. Top 10 Cryptocurrencies by Market Capitalization. Source: CoinMarketCap As for Ripple (XRP), it’s been a race to the bottom, its market cap has collapsed from a high around $130 billion in January … Read more

Why Cardano Founder Chose Wyoming Over the ‘Giant Egos’ at Harvard

Cardano founder Charles Hoskinson has revealed why the University of Wyoming presented a more attractive choice than Harvard, MIT or Cornell for Input Output’s (IOHK’s) lab. IOHK, the company charged with the development of Cardano, donated $500,000 in ADA to the blockchain lab at the university earlier this year. The State of Wyoming is known … Read more

Researchers in Philippines Track Crypto Use By Terrorists

A report published by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) reveals that terrorist groups related to Islamic State (IS) in Southeast Asia have recently made their first transactions using cryptocurrencies. According to the report unveiled on May 20, the funds are helping finance regional terror groups like the Jemaah Ansharut Dalauh … Read more

Travala.com’s AVA Token Added to Crypto Payment Service CoinGate

Travala.com’s proprietary token (AVA) joined the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. According to an exclusive announcement sent to Cointelegraph on May 21, CoinGate has integrated Travala.com’s native AVA token into its payment system — reportedly used by over 5,000 merchants. CoinGate users will now also be able to buy AVA … Read more