Many decisions to use blockchain are unnecessary, finds the University of Birmingham

Blockchain technology is probably unnecessary in the majority of cases, despite its popularity, a recent study has concluded.

In recent years blockchain technology has been making headlines and boomed in popularity, thanks partly to its use in the cryptocurrency Bitcoin. But, new research from the University of Birmingham published in Telematics and Informatics Reports has found that in most cases, the use of blockchain may not needed.

When someone wants to explore if...

Study reveals the sectors that offer cryptocurrency as a payment method

A study by crypto tax software CoinLedger reveals that the Retail and e-commerce sector has the highest number of companies that offer the option to purchase through cryptocurrency.

The study compiled a list of more than 300 major companies known to accept cryptocurrency methods and categorised them into sectors, to discover which one contains the most companies offering crypto as a payment method.

Retail & E-commerce take first place, with 60 companies accepting...

Coincover and Utila team up to enhance crypto asset management

Cryptocurrency coins.

Coincover, a blockchain protection company, has joined forces with Utila, a cutting-edge enterprise-grade crypto operations platform.

This strategic partnership brings together Coincover’s protection solutions and Utila’s secure, non-custodial wallet infrastructure.

The Utila platform provides a comprehensive and user-friendly approach to crypto asset management, with personalised wallet infrastructure that simplifies day-to-day crypto management for institutions....

Liquid Crypto welcomes new partner JFIN Chain to its ecosystem

Liquid Crypto has announced a new partnership with JFIN Chain, Thailand’s biggest blockchain developed by J Ventures, a subsidiary owned by Jaymart Group Holdings Pty.

J Ventures, a technology platform and digital transformation developer in the Jaymart Group, announced its readiness to bring the Thai blockchain JFIN Chain, and the JFIN coin to Liquid Crypto platform earlier this year. On October 4, the integration of JFIN Chain to Liquid Crypto was officially finalised,...

Blockchain Expo Europe: Unearthing the catalysts for institutional crypto adoption

In a fireside chat at Blockchain Expo Europe, James Morek, Co-Head of Institutional Sales EMEA & APAC at Coinbase, and Nick Philpott, CEO of Zodia Markets, shared their insights on what is needed for institutional crypto adoption.

The conversation delved into critical topics such as regulatory collaboration, the role of decentralised technology, and the impact of blockchain and stablecoins on financial transactions.

Regulatory collaboration and frameworks

The...

Coinbase’s CEO shares his top 10 most exciting Web3 ideas

Coinbase co-founder and CEO Brian Armstrong is basking in the glow of a successful week as the value of his company's stocks soared, riding on the rising hopes for a Bitcoin spot Exchange-Traded Fund (ETF).

Armstrong kept the good vibes going by sharing the 10 ideas he’s “most excited about” in the Web3 space.

"We're actively developing numerous projects at Coinbase, but considering the vast landscape, it's not possible to tackle everything. Therefore, I thought...

House of Lords approve UK crypto bill

UK parliamentarians have taken a significant step towards recognising cryptocurrencies as a regulated activity with the approval of the Financial Services and Markets Bill (FSMB) by the House of Lords.

The move brings the bill closer to becoming law, marking an important development in the country's approach to digital assets.

Anto Paroian, CEO at ARK36, said:

"At ARK36, we feel the news that the UK parliament has just voted through a new bill which could...

FCA introduces new rules for marketing cryptoassets

Cryptocurrency coins.

Those marketing cryptoassets to UK consumers will need to introduce a cooling-off period for first time investors from October 8, 2023, under new advertising rules announced by the FCA.

As part of a package of measures designed to ensure those who buy crypto understand the risk, ‘refer a friend’ bonuses will also be banned. 

The new rules mean crypto firms must ensure that people have the appropriate knowledge and experience to invest in crypto. Those promoting...

Ethereum decreased its annual CO2 emissions by over 21M tons

Over 109M more trees would have been needed to offset Ethereum’s CO2 emissions prior to its switch to a more efficient consensus.

Ethereum switched to a Proof-of-Stake (PoS) consensus last year in an event called The Merge. Regardless of personal views on Ethereum and the wider blockchain and web3 space, The Merge was broadly seen as an incredible feat of open-source engineering.

The Merge is the first major step on the road to Ethereum 2.0 which aims to tackle the...

Visa will ‘actively contribute’ to web3 development

Visa refuses to become a dinosaur and will “actively contribute” to developing the web3 and crypto ecosystem.

Aside from maximalists, few experts believe that crypto poses an existential threat to fiat currencies. Legacy payment processors like Visa and Mastercard have increasingly been joining the web2-era disruptors like PayPal and Square in supporting the web3 and crypto ecosystem.

Greater public adoption of “crypto” will likely come through CBDCs (Central...