Author: Turner Wright

Tether’s market cap could overtake Ethereum’s next year — Bloomberg report

CoinTelegraph

A new report predicts Tether could surpass Ether’s market cap by the end of next year, paving the way to mainstream adoption of stablecoins and central bank digital currencies (CBDCs). According to Bloomberg’s Crypto Outlook report for Q4 2020 written Read More

Data encryption a threat to fighting child sexual abuse, says DOJ

CoinTelegraph

The U.S. Department of Justice has released an international statement claiming that end-to-end encryption “poses significant challenges to public safety,” including sexually exploited children.  In an Oct. 11 statement from the DoJ, the agency called on technology companies to work Read More

Malaysian SC Shariah Advisory Council praises crypto’s ‘great potential’

CoinTelegraph

Just three months after a landmark decision declaring digital assets trading is permissible under Islamic law, and religious scholars in Malaysia say crypto is looking bullish as an investment. The Malaysian Reserve reported Dr. Modh Daud Bakar, the Securities Commission Read More

‘DeFo’ staking enabled for Waves’ Neutrino stablecoins

CoinTelegraph

U.S.-based cryptocurrency exchange Waves.Exchange, which supports the price-stable multi-asset Neutrino protocol, is introducing a way for crypto traders to earn passive income through stablecoin staking. According to a Sept. 29 announcement from Waves, the exchange has expanded its tokenized assets Read More

Blockchain technology now powers a privacy-focused security camera

CoinTelegraph

IoTeX, a privacy-focused platform for the Internet of Things, has partnered with camera manufacturer Tenvis Technology to offer Ucam, an indoor security camera powered by blockchain technology. Head of business development at IoTeX Larry Pang told Cointelegraph that Ucam users can Read More

Are we dumb? Financial illiterates ‘twice as likely to own crypto’

CoinTelegraph

A report from Canada’s central bank shows that while most Canadians are knowledgeable about basic finance and Bitcoin, few actually hold any crypto assets. According to the results of Bank of Canada’s 2019 Cash Alternative Survey published in August 2020, Read More

FinCEN leak suggests new AML measures may not go far enough… for banks

CoinTelegraph

Leaked documents from the U.S. Financial Crimes Enforcement Network (FinCEN) imply that the agency’s revamped efforts to identify illicit transactions and money laundering may not be sufficient. But on this occasion, the institutions described as being at fault are not Read More