GrainChain, a commodities tracing platform that uses smart contracts to open up liquidity for low-income farmers, has raised $8.2 million in its latest funding round, the company announced Friday….
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BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies – CoinDesk
Researchers at the Bank for International Settlements (BIS) are grappling with the future of payments – so much so that their newest quarterly report, released Sunday, is entirely dedicated…
Revolut Bank Valued at $5.5B in $500M Funding Round – CoinDesk
Revolut, the London-based bank that allows users to purchase cryptocurrencies on its app, has raised more than $500 million in a Series D funding round. Revolut announced Tuesday the…
Caitlin Long on Coronavirus, Crypto Custody and Building a Bank – CoinDesk
A new crypto bank tries to address some of the most fundamental issues for institutions that want to get into the space. An incredible amount of work has gone…
G-20 Urges Countries to Adopt Tough FATF Rules on Cryptocurrencies – CoinDesk
Finance ministers and central bankers from the G-20 are pushing for wider adoption of standards that compel cryptocurrency exchanges to disclose user information. Following a summit in the Saudi-Arabian…
‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec – CoinDesk
The Bank of England’s (BoE) chief cashier, Sarah John, has said it is “crucial” that central banks research digital currencies so they can strike a balance with private issuers….
Here’s Why Interest Rates on Cryptocurrencies Could Be a Game-Changer – CoinDesk
Lending and borrowing cryptocurrencies is becoming an increasingly important sub-sector of crypto finance, one that may end up shaping how the underlying assets themselves are valued and priced in…
JPEG on the Blockchain: Image Format Creator Believes Tech Can Fight Copyright Theft – CoinDesk
The organization that created the popular JPEG picture format believes blockchain could be used to verify images as well as flag fakes and image theft. The Joint Photographic Experts…
The Flash Loan Attacks Explained (for Everybody) – CoinDesk
Today we’re breaking down the flash loan attacks that rocked the DeFi community in a way even your grandpa can understand, presented in both audio and full-text format below….
Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist – CoinDesk
Speculation creates congestion on the blockchain that harms a cryptocurrency’s utility and overall value, a senior economist at the Bank of England (BoE) has said. Peter Zimmerman, who has…