07. May 2022
n March the Axie Infinity Ronin bridge was hacked and $625 million stolen, supposedly by North-Korean cyber criminals. What is special of the crypto-hack this time? Its scale, one of the biggest in history, its malicious actors, a Nation-backed criminal cyber group (Lazarus), and particularly its novel means of enforcement. In this short article, I provide the details behind and conclude, how effective crypto addresses on a sanctions list are to prevent money laundering in the DeFi space.
09. February 2022
Tokenization allows virtually any real-world asset to be represented on the Blockchain. By 2027, according to a WEF estimate, 10% of global GDP will be stored on the Blockchain, around USD 9.38 trillion. The central building block for the emergence of a token economy is tokenization. This article describes what it is all about and its partly disruptive significance.
05. November 2021
This year's Christmas Day is the earliest possible formal date for the SEC to approve the first Bitcoin SPOT ETF.
Grayscale Investment CEO, Michael Sonnenheim is confident that his application to convert the flagship product Grayscale Bitcoin Trust (OTCQX: GBTC) into a Bitcoin Spot ETF will be approved by the SEC. He derives this from the agency's recent approval of various bitcoin futures ETFs.
That would indeed be a watershed moment for the entire Crypto space, if there were not the SEC ...
24. October 2021
Markus Hammer's and other market experts' views on the first Bitcoin Futures ETF issuance in the U.S. (i.e. the ProShares Bitcoin Strategy ETF (BITO)) - in an article of Andrew Singer in Cointelegraph
23. October 2021
General purpose blockchains like Ethereum are more than Bitcoin as a single purpose Blockchain. The underlying network with its literally unlimited use cases generates higher value to the real world ... and longer term that will also be reflected in the valuation of the coin, despite, price correlation between BTC and ETH is still high, currently. In this article on MoreThanDigital, I will highlight the similarities and differences between the two networks and what Ethereum’s additional...
18. September 2021
Switzerland offers excellent framework conditions and ecosystems in the blockchain and crypto sector, deserves international recognition as a hub and avant-garde (see more in a previous article). One would think that everything is in place to attract crypto companies, especially startups, if it weren't for the fact that blockchain founders simply can't find banks within the country's borders to open a business account, on which every company ultimately depends. Focal point of the problem lies...
11. September 2021
Crypto Nation Switzerland has outstanding starting conditions for crypto and digital asset ventures, not only for fintechs, neo or non-banks. Traditional banks are also increasingly venturing into the new terrain. On the one hand, the blockchain and crypto ecosystem that has been developed around Crypto Valley for years provides the necessary basis. More essential, especially for traditional banks, is the clear set of rules created by the DLT Act, which provides a legally and regulatory...
28. August 2021
Cardano Foundation partners with Coinfirm to facilitate full #compliance of its native cryptocurrency #ADA with the #FATF and related locally derived Anti Money Laundering (#AML) and Combatting Financing of Terrorism (#CFT) laws around the world The Cardano Foundation emphasizes its ambition to "set the direction for DECENTRALIZED economic empowerment, working with regulators in different jurisdictions to shape blockchain legislation and commercial standards, and empowering the Cardano...
22. August 2021
Regulators are desperately trying to tame the "monster" Cefi and incumbent financial industry created itself back in 2008 - We remember Financial Crisis > Bitcoin > Ethereum > Smartcontracts > Defi > DAO > ... After CFTC s Dan Berkovitz, SEC's Hester Pierce and others before, this time it is SEC Chair Gensler to call for Defi supervision, concretely Defi-platforms to register with the SEC. But how is it that a completely decentralized financial architecture, operating via...
08. August 2021
The London hard fork after years of work is now a reality. This milestone introduces essential features to the ecosystem, particularly: - Burning a portion of #Ether / #ETH, instead of producing them to pay the miners and - at times - even causing deflationary effects - Expanding block-size providing better fee transparency and execution reliability to the users But probably the most significant achievement from a platform perspective is the simple fact that the London hard fork just worked...