Green finance needs voluntary carbon markets that work

The United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland catalyzed a commitment to carbon neutrality, achieving net-zero carbon emissions, requiring reducing emissions as much as possible, and balancing the remaining emissions with the purchase of carbon credits. A carbon credit reduces, avoids or removes carbon emissions in one place to compensate for […]

Ledger Enterprise’s Alex Zinder is all about blockchain, crypto and the future of finance

Alex Zinder, a capital markets veteran who jumped on the blockchain train last year, attended the Paris Blockchain Week Summit, where he sat down with Cointelegraph to discuss blockchain projects, crypto adoption and the traditional financial world’s necessary embrace of digital assets. After almost two decades in capital markets technology, Alex Zinder joined Ledger Enterprise […]

Crypto May Be Used To Fund Terror, Indian Finance Minister Says

Nirmala Sitharaman, India’s finance minister, presented a compelling argument Tuesday for the global regulation of crypto in order to limit the risk of money laundering and terrorist financing. Her remarks came as she addressed a seminar at the International Monetary Fund’s ongoing spring meeting in Washington. “I believe the greatest concern for all countries would […]

Algorand founder Silvio Micali wants to usher in the democratization of finance

Cointelegraph’s Joseph Hall sat down with Silvio Micali, the founder of Algorand, as part of its on-the-ground coverage of the Paris Blockchain Week Summit, or PBWS. Algorand is a blockchain that uses a Pure proof-of-stake (PPoS) protocol, and the company was one of the main sponsors of the summit.  Micali started off by explaining that the […]

Litecoin transactions near an all-time high after gaining ground in consumer finance

The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa ebit card, powered by fintech firm Unbanked.  According to the card’s homepage, potential customers would first register […]

Decentralized Finance Space Heats up With Launch of World’s First DeFi ETF

The decentralized finance (DeFi) space is continuing to heat up, with the world’s first ever exchange traded fund (ETF) launching this month. Hashdex, a Brazilian asset manager, is launching an ETF fund in collaboration with CF Benchmarks to track 12 DeFi tokens. The Hashdex DeFi Index ETF will be listed on the Brazilian stock exchange […]

Hackers Steal $15.6 Million From Ethereum-Based Lending Protocol Inverse Finance

Hackers are at it again, and this time an open-source protocol for lending becomes the latest victim. Inverse Finance, a borrowing technology built on top of the Ethereum blockchain, said Saturday that it had been hacked. According to various news reports, the crooks made off with $15.6 million worth of stolen cryptocurrency. The attacker targeted […]

Security Token Exchanges May be the Next Phase in the Finance Evolution

In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite the fact that the S&P 500 quadrupled in value. Conventional wisdom would lead readers to think they are looking at a misprint. This paradox […]

South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency

The South Korean Finance Minister, Hong Nam-Ki, announced plans to impose a tax on cryptocurrency, while speaking to the parliamentary finance committee on June 17. According to a report from local news outlet, Korea JoongAng Daily, the ministry will reveal further details of the plan next month. Hong told the committee that the government: “Has […]