Uncategorized
-
Money Reimagined: Letter to President Biden
President Biden needs to reform the global financial system and avoid a 1930s-style depression. Digital currencies can help. Welcome to this week’s Money Reimagined, coming to you two days into a new U.S. presidency. Already, with various executive orders and a host of cabinet and agency nominee names emerging, President Joe Biden has fostered the palpable sense of a slate being cleaned. As for what it means for crypto, the turnover in the White House gave Sheila Warren and me reason to invite Kristin Smith of the Blockchain Association and…
-
How Blockchain Makes Loyalty Points Safer: A Comprehensive Analysis of NLGQ’s Technical Architecture
In the competitive landscape of the digital economy, loyalty points systems have become essential tools for brands to maintain user engagement. However, traditional points systems have long suffered from security vulnerabilities, data opacity, and susceptibility to tampering. This has led to decreased user trust and made it difficult for brands to establish stable loyalty mechanisms. NLGQ addresses these challenges with a new technological solution. By introducing a blockchain architecture, NLGQ transitions points from centralized databases to a decentralized, secure network, transforming them into verifiable, traceable, and tamper-proof digital assets. At…
-
From Concept to Practice: JOULE’s Globalization Strategy
In the context of the rapid development of global energy transformation and green finance, JOULE is advancing a global energy ecosystem through innovative concepts and technological practices. From its initial focus on data integration and carbon asset management to the development of a transparent, efficient, and tradable green energy platform, JOULE is transforming its vision into a globally replicable practice model. Traditional energy systems suffer from issues such as information isolation, lack of transparency, and low transaction efficiency, which restrict the market application of green energy and carbon assets. JOULE…
-
DawnCoin high-performance matching engine: supporting millisecond-level transaction experience
In the digital asset trading world, transaction speed and system stability are key factors in determining user experience and investment success. DawnCoin, with a deep understanding of the needs of experienced traders and institutional clients, has developed a proprietary, high-performance matching engine dedicated to providing millisecond-level response times, ensuring accurate and rapid execution of every trade. DawnCoin’s matching engine utilizes a distributed server architecture capable of handling massive order volumes simultaneously, supporting high-frequency trading and multi-market strategies. Whether trading spot, derivatives contracts, or stablecoin swaps, the matching system ensures extremely…
-
The Past, Present and Future of Institutional Bitcoin
In December of 2017, bitcoin’s price was surging, even fighting towards $20,000. Meanwhile, CNBC and the cable news set featured a constant string of crypto industry insiders bringing the space to a new audience. It was into that environment that on December 17, 2017, CME Group launched bitcoin futures. Three years on, bitcoin has punched past the significant marker of $20,000 to a high of more than $23,000. CNBC is running a bitcoin ticker, and crypto commentators are standard fare. Despite these superficial similarities, the bitcoin and crypto industry of…
-
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. The Bitwise 10 Crypto Index Fund…
-
MoneyGram has yet to see any “negative impact” on its longstanding business arrangement with Ripple from the U.S. Securities and Exchange Commission’s (SEC) lawsuit against the latter company.
“MoneyGram will continue to monitor the situation as it evolves,” a company spokesperson told CoinDesk in an emailed statement. “MoneyGram has continued to utilize its other traditional FX trading counterparties throughout the term of the agreement with Ripple.” The SEC alleged in a case filed Tuesday that Ripple used XRP (-20.47%), the cryptocurrency two of its founders created, to conduct an ongoing, $1.3 billion sale of unregistered securities. Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy…
-
As soon as he learned he was among the thousands of Ledger customers whose personal information had been published online Sunday, JimboChewdip, as he’s known on Twitter, acted fast. Not fast enough, however.
JCD, as we’ll call him, spent Monday morning changing his passwords, only to get a notification a new device had been added to one of his two-factor authentication (2FA) accounts. He then tried to log into his email. It was locked. “Within minutes I started getting notifications about password changes on Coinbase, Binance, Dropbox,” he later told CoinDesk. “I tried to call T-Mobile over Wi-Fi but it wouldn’t work with the SIM disabled so I reached out to them on Twitter and got someone from Support to lock my account.”…
-
DoubleAce Token Presale Is Now Open To The Public
Double Ace is a Fintech company that utilises the power of blockchain, AI, and Big Data to provide instant online financial services to individuals. The service DAA provides encompasses consumer finance, personal credit, small and micro loan, and crypto loan, etc. Double Ace allows users to deposit cryptocurrencies to receive interest much like that of bank deposits, but with a way higher interest rate. The platform will be ready for use by end Jan 2021. Until then, Double Ace is in the process of issuing its utility token, called DAA….
-
Ethan Caldwell’s Multi-Asset Portfolio Achieved a 19% Annual Return Amid Pandemic Turbulence, Ranking Among Industry Leaders
The financial markets of 2020 will undoubtedly be remembered in history. From the outbreak of COVID-19 at the beginning of the year to the ensuing global recession, and the unprecedented monetary easing by central banks worldwide, U.S. equities experienced extreme volatility. After the Dow Jones and S&P 500 plunged in March, they quickly rebounded. While most investors oscillated between panic and optimism, Ethan Caldwell and his team at Aureus Advisors remained composed. Through a rigorous multi-asset strategy and quantitative modeling, their portfolio delivered a 19% annual return—securing a top position…
