Monday, November 18, 2024
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Can blockchain tech in green finance attract more investors and deter bad actors?

The world could be getting its first government-issued blockchain-based green bond later this year, the Hong Kong Monetary Authority announced on Monday at the city’s Fintech Week. The government said it has laid the groundwork for green finance on the blockchain through private and public partnerships such as the UN Global

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United Kingdom banks hate crypto, and that’s bad news for everyone

In 2018, the United Kingdom’s Financial Conduct Authority (FCA) wrote to the heads of the country’s biggest high street banks to emphasize the importance of due diligence when dealing with crypto businesses. That seems to have led to widespread high-risk ratings and bans on crypto-related banking, impacting both crypto businesses

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TrueFi’s $4M Bad Debt in Limbo Shows Risk of Crypto Lending Without Collateral

"Defaults are ordinary course in this asset class and critically important to refining risk parameters and pricing over time," Roshan Dharia, head of lending at Archblock, a core TrueFi contributor which oversees borrower relationships on the protocol, told CryptoX. "We have historically been heavily focused on borrower counterparty risk, asset

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Solana Network Suffers Another Outage — Cyber Capital Founder Says Downtime Is ‘Another Consequence of Bad Design’ – Bitcoin News

The proof-of-stake (PoS) blockchain network Solana suffered another outage on September 30 and the network restart did not take effect until six hours later on October 1. Solana has suffered a myriad of network outages during the last year, and the blockchain’s latest downtime caused the network’s native currency to

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Why Is the Dollar Crushing Global Currencies if Inflation Is so Bad?

Meanwhile, what’s directly hammering dollar exchange rates is a more technical second-order impact of rising prices in the U.S. As Jerome Powell and the Federal Reserve raise interest rates to fight domestic inflation, American dollars and Treasury instruments become far more attractive investments. That’s part of why U.S. stocks are

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Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

Bitcoin’s (BTC) and Ether’s (ETH) agonizing 60% and 66% respective drops in price are drawing a lot of criticism from crypto critics and perhaps this is deserved, but there are also plenty of stocks with similar, if not worse, performances. The sharp volatility witnessed in crypto prices is partially driven by

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