Paxos, a New York-regulated financial firm and the issuer of a USD-pegged stablecoin, has launched its blockchain-based settlement platform. After announcing Paxos Settlement Service in late 2019, Paxos Trust Company has launched the product to settle select United States-listed equity trades between the two broker-dealers, Swiss financial services firm Credit Suisse and Nomura Group-owned Instinet,
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Cryptocurrencies could not exist without cryptography. Advances in this field can have far-reaching impacts on blockchain technology and its potential. We will examine the opinions of industry experts on the latest cryptographic advances and their potential for cryptocurrencies. Zero knowledge proofs: more than just privacy Director of research at blockchain firm Blockstream and mathematician Andrew
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Bitcoin’s lightning network is growing “increasingly centralized,” making it more susceptible to attacks, asserts a new paper by security researchers. Seen as a potential solution bitcoin’s scaling headaches, lightning is a payment network allowing for speedier and cheaper transactions. Partly to make lightning more robust, developers and researchers have been trying to spot holes in
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Crypto markets have just hemorrhaged $20 billion in their largest selloff of 2020. Bitcoin plunged almost a thousand dollars in a couple of hours but what has caused it? Just when crypto markets started to look bullish again with total capitalization approaching $300 billion a huge selloff occurred in a matter of hours. Around $20
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The Dutch Fiscal Intelligence and Investigation Service (FIOD) has arrested two men for allegedly laundering money with cryptocurrencies. According to a statement released by the International Revenue Service on Feb. 18, the two men were arrested on Feb. 17 in connection to two separate criminal investigations into money laundering using cryptocurrencies. Both investigations were led
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Dutch tax enforcers with the Netherlands’ Fiscal Intelligence and Investigation Services (FIOD) arrested two men Monday for allegedly laundering millions of euros in cryptocurrency, according to a joint statement by the Joint Chiefs of Global Tax Enforcement (J5). FIOD arrested the Dutch nationals in separate crypto tax evasion investigations, recovering about 260,000 in unnamed cryptocurrencies
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Steven Spielberg’s daughter Mikaela recently announced her desire to pursue a career in adult films. Spielberg is reportedly “not upset” with her choice. Some folks, like Michael Savage, are triggered by Spielberg’s stance. Steven Spielberg is reportedly supporting his daughter Mikaela’s pursuit of an adult film career. She recently told the Sun that her parents
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