Blockchain can help fix carbon credits market, experts argue – but is it enough? May 18, 2023 Experts have suggested that blockchain could provide a way to improve the fractured carbon credit markets and help markets move towards a more sustainable future. Jeff Ren, OKX Ventures partner, told City A.M. that the “immutable nature of the dataset created and stored” by a blockchain could combat the fragmented and opaque carbon credits market. [...]
Realising the original promise of blockchain: censorship-resistance through decentralization February 16, 2023 | Sponsored With many crypto projects crashing in value throughout 2022 and into 2023, commentators have been quick to ask whether Decentralised Finance (DeFi) is dead. Others, such as Cointelegraph have proposed the critical problems that need to be addressed. These identified problems tend to be usability, security and regulatory clarity. Now, as we reach the end [...]
Complete decentralization enables blockchains to offer real-world utility February 8, 2023 | Sponsored When you are assessing a crypto project, what do you look for? Despite the current trend being all about the price of the coin on an exchange, the main assessment could be based on the answer to “what does the project actually enable”? One of the most popular answers is “DeFi offerings”, and unfortunately that [...]
Best of 2022: Sir Geoff Hurst: ‘My own memory could fade. You expect it to happen’ December 25, 2022 In this exclusive interview first published in July 2022, Sir Geoff Hurst says seeing most of his 1966 World Cup winning team-mates suffer with dementia convinced him to preserve his memories in the form of a digital artwork and raise money for Alzheimer’s charities. Every morning Sir Geoff Hurst goes for an hour-long walk through [...]
Shares tank 15 per cent for Argo Blockchain as it pens new crypto mining agreement October 7, 2022 Shares plunged nearly 15 per cent for Argo Blockchain after the cryptocurrency mining giant penned an agreement with an undisclosed party to host and operate mining machines at its Helios facility in Texas. Up to 32 megawatts of power capacity will be provided by the company, which is roughly enough to power over 10,000 mining machines. In [...]
‘The Future of Money’: book review September 26, 2022 | City Talk Are cryptocurrencies the next big investment, a fad or a currency that will transform the economic and financial landscape? What are some of the advantages and shortcomings of digital currencies? Who will benefit from them? Eswar S. Prasad attempts to address these questions in The Future of Money: How the Digital Revolution Is Transforming Currencies [...]
Abrdn snaps up stake in London crypto startup Archax August 13, 2022 Scottish asset manager Abrdn has bought a stake in the UK’s first regulated crypto trader Archax in a major vote of confidence in blockchain technologies and cryptocurrencies. The acquisition, for an undisclosed sum, will see Abrdn become the crypto startup’s largest external shareholder, the crypto firm said in a statement. Launched in 2018, Archax is [...]
DeFi-ing the rules: five opportunities and five risks of decentralised finance June 29, 2022 | City Talk In the Star Wars universe, the Force is a mystic energy field generated by living beings that binds the galaxy together. The ability to wield the Force gives Jedi Knights their superhuman abilities, making them peacekeepers of the galaxy. But how powerful would the Jedi be if every ‘transaction’ that used the Force had to [...]
Saturday Spotlight: Nigeria and China speed ahead of UK in digital money race April 9, 2022 A new index charting the readiness and adoption of central bank digital currencies (CBDC) has seen Nigeria top the ranking with the e-Naira, launched in October 2021. Nigeria’s lead is closely followed by other early CBDC adopters, the Bahamas, Mainland China, Jamaica and Eastern Caribbean. The findings, from the PwC Global CBDC Index, capture the [...]
Manchester United sign blockchain platform Tezos as training kit sponsor February 10, 2022 Manchester United have confirmed a training kit sponsorship deal with blockchain platform Tezos. The multi-year agreement is believed to be worth more than £20m a season, representing an increase on their previous contract with insurer Aon. It will Tezos appear on the training kit worn by both United’s men’s and women’s team, starting immediately. “This [...]