A new protocol is allowing users to complete cross-chain transactions – meaning value can be transferred between different blockchains such as Bitcoin and Ethereum. The open-source technology is known as the Open Federated Gateway Protocol, or OFGP for short. It has been developed by iBitcome and DEx.top, and the first federated blockchain to be built using […]

Wesley Bricker, chief accountant for the U.S. Securities and Exchange Commission (SEC), has said that the advent of digital assets and blockchain technology does not change the “fundamental responsibility” of firms when it comes to their financial reporting activities. Bricker’s remarks were made as part of a speech delivered before the AICPA National Conference on Banks & Saving Institutions in Washington, […]

Especially during turbulent times, stablecoins are becoming a very important part of the overall crypto asset ecosystem. While the prices of tokens on exchanges have a tendency to fluctuate wildly (and often in a highly correlated manner), stablecoins are designed to keep a steady store of value, allowing crypto traders and investors to mitigate risk […]