Design

What is the FATF Guidance on DeFi?

Share some Bitpinas love:By Hans DoringoThe Financial Action Task Force (FATF), an intergovernmental anti-money laundering watchdog, released last October 28, 2021, revisions and updates to its virtual asset guidance for virtual asset service providers (VASPs) which was first issued in 2019.In keeping with the feedback and reviews concerning the uncertainty of how the FATF would apply its VASP standards to decentralized finance (DeFi), the body proceeded on finalizing the guidance during its plenary meeting that lasted until October. The updated version of the guidance includes clarifications on FATF’s proposal to

Dorsey Sticking to Bitcoin, No New Cryptocurrencies Planned for Cash App

Square CEO and fintech investor maintains a firm and bullish position on Bitcoin, as revealed in a Q3 earnings call for Cash App. Sponsored Sponsored Moreover, the billionaire entrepreneur said that Cash App has no future plans to accept any other cryptocurrencies at this point. “Our focus is on helping Bitcoin become the native currency of the internet…we have a number of initiatives towards that goal,” Dorsey said.  Bitcoin ‘resilience, fundamentals, and principles’ This comes in the midst of bullish market trends for BTC. After a new all-time high of over

Switzerland national postal service to debut crypto stamp on Polygon

The national postal service of Switzerland is working to bridge the gap between physical stamps and the digital cryptocurrency industry by introducing tradable digital stamps.On Sept. 20, the Swiss Post officially announced the upcoming launch of the “Swiss crypto stamp,” a digital collectible linked to a physical stamp issued by the postal service worth 8.9 Swiss francs.The Swiss crypto stamp will provide a digital representation for a physical stamp and will be stored on a blockchain. “Each design forms a nonfungible token and is stored in the Polygon Blockchain,” a spokesperson

Miss Universe PH to Launch Pageant NFT Collection

Share some Bitpinas love:By Shiela BertilloFollowing the continuous growth of Non fungible tokens (NFT), Miss Universe Philippines 2021 is making an impact as the latest brand and the first beauty pageant in the world to join the NFT wave. The global beauty pageant has teamed up with RedFOX Labs, a Southeast Asian blockchain venture builder, to launch  the Miss Universe Philippines NFT collection on September 24. The NFTs are available to purchase with RFOX tokens, which can be bought on Uniswap and MetaMask.With the launch of the Miss Universe Philippines NFT

Italian Payments Giant Nexi Involved in Digital Euro Project

Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

Your September Newsletter for All Things BitPay and Crypto

We have another month of crypto news and BitPay happenings, including an exciting new partnership, a product integration and more updates around global crypto adoption. Don’t forget to check out what ‘swap’ means and learn more about BitPay Reload in our product highlight.In This Issue:BitPay in the SpotlightUATP, a global payment network owned and operated by the airlines, has partnered with us to start accepting crypto payments and attract new business. Read the announcement here.Our CEO, Stephen Pair discusses why it’s important for the approach to crypto regulation to go

Can These Surging Altcoins Compete With Ethereum? Glassnode Analyzes Three Growing Platforms

A slew of smart contract platforms have been surging in price over the past 30 days, and blockchain analytics firm Glassnode is digging into the metrics to determine whether or not any of these platforms can compete with Ethereum (ETH) in the future. Avalanche (AVAX), Solana (SOL), and Terra (LUNA) have all exploded over the past month, gaining 292.9%, 212.2%, and 191.4% in value, respectively, according to CoinGecko. ADVERTISEMENT   Glassnode first discusses the “spike in interest” on AVAX and SOL. “Alternative smart contract platforms like Avalanche and Solana have

Billionaire Bill Miller takes plunge into GBTC with 1.5 million shares

Research Layer-1 Platforms: A Framework for Comparison The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years

Jack Dorsey says plan for ‘TBD’ bitcoin project is to build a decentralized exchange

advertisement Last month, Square CEO Jack Dorsey disclosed plans for a project called TBD that, at the time, would focus on the development of a platform for open-source financial services dedicated to bitcoin. That project has a clearer roadmap, according to Dorsey as well as Mike Brock, the CashApp exec put in charge of the initiative: a decentralized exchange. A decentralized exchange is a system for trading wherein no central party has custody or control of funds that pass through it.  We’ve determined @TDB54566975’s direction: help us build an open

What is Star Atlas? (POLIS & ATLAS)

Star Atlas held its IEO in FTX last January 26. This full guide talks about the inner workings of the Star Atlas platform. In the past year alone, we have witnessed an immense rise in blockchain-based gaming projects. The unique combination of gaming and traditional financing has become quite appealing to a community of blockchain enthusiasts. The introduction of titles like Yield Guild Games and Binamon has truly legitimized the decentralized gaming sector. Star Atlas and other gaming projects alike have shown the importance of non-fungible tokens (NFTs) for a