User Retention: The Holy Grail for DApps Moving Beyond Buzzword Status

Decentralized apps saw greater transaction volumes in 2019 but low user retention, and difficult to use apps still stall mainstream adoption push. Decentralized apps (DApp) continue to be a major focus point for developers in the crypto space. However, 2019 ended with DApps still far off from reaching their much-touted potential of being the “future of the internet.” DApp projects in 2019 continued to suffer from their usual issues like poor user retention and the difficulties of navigating user interfaces (UI), among others. While some projects boast market capitalizations north…

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Data Shows $25 Billion Worth of Bitcoin and Ether Held by Seven Crypto Exchanges

On January 3, 2020, a small group of crypto enthusiasts celebrated the second annual Proof-of-Keys day with hopes to get people to withdraw funds from centralized digital currency exchanges. However, exchanges holding massive amounts of BTC only saw their reserves grow larger and data shows that Coinbase now holds 1 million BTC ($8.4 billion). Crypto users are still keeping large sums of digital asset holdings on trading platforms despite the fact that 2019 saw the most exchange hacks in one year over the last decade. Also read: The Fallout From…

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A Stronger Foundation for Bitcoin ETF Applications

The reasons of failure of Bitcoin ETF applications and the new path that may give regulators the confidence needed to take an application forward. One of the recurring themes in the digital asset markets across 2018 and 2019 has been the failure of multiple Bitcoin (BTC) exchange-traded fund (ETF) applications to gain the approval of the United States Securities and Exchange Commission. Each new application was met with anticipation, only to be dismissed for the same reason: concern over how the ETF would derive its price, whether this price could…

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Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year

Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting more and more crypto companies. Their number has increased for a third consecutive year and many new jobs have been created. Also read: Leading Swiss Stock Exchange Offers 12 Crypto Exchange-Traded Products With One That Shorts Bitcoin More Than 800 Crypto Firms Based in Switzerland and Liechtenstein Almost…

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Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion

The U.K.’s tax agency is stepping up its blockchain analytics operations. If other countries follow, will it spell the end for anonymity in crypto? The year 2019, for a short while, raised expectations that stablecoins would bring about mass adoption of cryptocurrencies. 2020, however, seems to be dousing those hopes with ever-tightening regulation that is putting pressure on investors and companies alike. The first complication came only 10 days into the year. In early January, the European Union’s landmark Fifth Anti-Money Laundering Directive, or 5AMLD, was signed into law. The…

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Leading Swiss Stock Exchange Now Offers 12 Crypto Exchange-Traded Products

Switzerland’s principal stock exchange, SIX Swiss Exchange, now has 12 cryptocurrency exchange-traded products listed. The latest addition, the 21shares Short Bitcoin, allows investors to profit from falling prices of the digital currency. Other listed crypto products include those that track the price movements of BCH, BTC, ETH, XRP, BNB, and tezos. Also read: Regulatory Roundup — New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies Newest Addition: An Inverse Product SIX Swiss Exchange has listed an inverse bitcoin exchange-traded product (ETP) issued by fintech company Amun AG.…

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Blockchain and 5G: Greatest Promise Is to Transform the Developing World

The potential of new emerging technologies has its limits: Imagine the combination of the next-generation techs, such as blockchain and 5G, what would that really mean? The biggest topic in the mobile industry over the last few years has been 5G. In an industry that has been starved for innovation in this interregnum between the launch of the iPhone and the full-scale integration of next-generation technologies like augmented reality, artificial intelligence and blockchain, the introduction of the 5G network has become a sort of catch-all for carriers and handset manufacturers…

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The Fallout From Onecoin’s Ponzi Scheme Continues to Impact Investors

In late 2019, the remnants of multi-level Ponzi scheme Onecoin crumbled. However, Onecoin’s founder, dubbed the ‘crypto queen,’ Ruja Ignatova, remains on the run and law enforcement haven’t caught up with her yet. Moreover, police are investigating two churches in New Zealand that allegedly have links to the Onecoin operation and founders. Also read: Onecoin Websites Suspended as the $4 Billion Ponzi Crumbles After Onecoin Operations Implode in Cairns, Investors Accept They Were Scammed In 2014, Ruja Ignatova, Sebastian Greenwood, and Konstantin Ignatov launched a project called Onecoin and allegedly…

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Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development

Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding. Litecoin (LTC) founder Charlie Lee proposed mining pool donations as a new funding method for cryptocurrency development.   “I think a better way to fund development is mining pools voluntarily donate a portion of the block reward,” Lee said in a tweet on Jan. 24, adding: “How about Litecoin pools donate 1% (0.125 LTC) of block rewards to the @LTCFoundation? If every miner/pool does this, it amounts to about $1.5MM donation per year!” With…

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CV Summit United Blockchain Leaders and Enthusiasts in Davos

CV Summit offered Davos attendees the chance to go deep on blockchain. If you wanted to go deep on blockchain at the World Economic Forum, you needed to attend the conference’s side events. Perhaps the largest of these crypto-friendly events was CV Summit, an all-day conference organized by CV Labs. The Switzerland-based organization (operated by CV VC) endeavors to offer crypto entrepreneurs whatever resources they need to succeed, from fundraising help to coworking space. On Thursday, January 23, that meant offering a full agenda of speakers and panel presentations to…

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