SWIFT has been too slow to implement blockchain, but it's better to be late than sorry, as seen by R3 partnership between the companies. QuadrigaCX founder passes away and the company loses access to cold wallets. South Korean conservative party to leverage blockchain for better party management. LocalBitcoins.com founder Michell Espinoza back on the bench…

Questions surrounding the failure of QuadrigaCX continue to grow as more speculation of foul play emerges. The exchange, Canada’s largest, recently shut down after the death of its CEO, taking with it an estimated USD $190 million worth of customer’s crypto deposits. Now, amid rumors of fraud by the exchange’s operators, claims are emerging that…

A series of increasingly curious events continue to unfold around QuadrigaCX, Canada’s largest cryptocurrency exchange. The service has closed, claiming to have lost access to most of its funds. However, analysts have uncovered what may be transfers of the so-called inaccessible cryptocurrencies, as well as evidence of accounting inconsistencies surrounding the exchange’s handling of its…

State support of cryptocurrency is a thorny issue, as governments and central banks are caught between recognizing its advantages, yet accepting how it promises to radically change the existing financial infrastructure and possibly undermine the value of centralized fiat. Thus, most states, and their leaders, are not yet prepared to fully embrace blockchain assets, and…

Cryptocurrency advocates have long held that blockchain assets will revolutionize the banking industry, as crypto wallets will replace traditional bank accounts, and banks will no longer be needed to facilitate most financial transactions. For their part, banks have been cautiously supportive of blockchain’s potential, yet at the same time critical of decentralized cryptocurrencies. With crypto…

Cboe exchange withdraws VanEck-SolidX ETF proposal prematurely, IMF consulting Malta on how to continue and what to fix, South Korean exchanges joining hands to prevent scammer and hacker success, Maduro's gold stuck in the UK due to US sanctions (Kraken CEO has something to say about that), Kik messenger likely to bravely go to court…

The cryptocurrency sector has elicited massive interest from different parties worldwide. Top professional auditing firms are hiring more specialized staff to respond to new products and service provision in the industry. The auditors have realized the huge opportunities connected with digital currencies and blockchains. Despite the current bearish market, major accountancy firms, including Ernst&Young, PwC,…

The blockchain space is known for its tremendous volatility and risk, yet there is no doubt that mass adoption of the technology will soon take place. This tremendous interest in blockchain has created a strong demand for experts across the sector. Job opportunities are numerous, with workers able to command large salaries. Also, given the…

Over the past several months a number of developments have emerged that enable blockchain technology to be used in the purchase, management, and trading of traditional assets. Blockchain-based security tokens will enable stocks, bonds, or other financial products to be linked to immutable distributed ledgers. Much like stablecoins, which are backed by fiat currency, security…

The governments of China and India are known to be hostile to decentralized cryptocurrencies, and have taken steps over the past few years to curb their adoption. Although largely unsuccessful, these steps have frustrated citizens seeking to enter the crypto space. Both governments now appear to be strengthening their resolve to block the use of…