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Daniel Palmer

Latest from Daniel Palmer
Tether Stablecoin to Launch on Algorand Blockchain
The popular and sometimes controversial stablecoin tether (USDT) is to to be added to the algorand blockchain.

Tether Accidentally Minted $5 Billion of Its Stablecoins, Then Deleted Them
Stablecoin issuer Tether accidentally created $5 billion-worth of its USDT stablecoin at the weekend, before promptly destroying them again.

Traditional Money Could Be 'Surpassed' By E-Money, Stablecoins: IMF Paper
A new IMF paper suggests that cash and bank deposits could be left behind as digital money and fiat-pegged cryptos see greater adoption.

Binance Eyes Launch of Crypto Exchange in South Korea
Binance is "working with local partners" on the launch of a branch in South Korea, CEO Changpeng Zhao has reportedly said.

Top Republican Touts Blockchain Privacy as Alternative to Regulating Big Tech
U.S. House minority leader Kevin McCarthy has argued for the use of blockchain networks in protecting users' data from "exploitation."

Japan Creates Working Group to Discuss Facebook Libra Ahead of G7 Meeting
Japan has set up a working group to examine the issues raised by Facebook's Libra cryptocurrency project ahead of a G7 meeting this week.

Samsung Teams With Banks, Telcos for Mobile ID Network Based on Blockchain
Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network.

Korea's Biggest Credit Card Firm Wins Patent for Blockchain Credit System
Shinhan Card has been granted a patent for a blockchain payment system that could reportedly do away with physical credit cards.

UK Announces 'Dirty Money' Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.

Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing
After a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it's discovered that another $2.3 million is missing.
