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Paddy Baker

Latest from Paddy Baker
New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations.

Norwegian Air May Allow Customers to Pay With Crypto as Soon as Spring
Norwegian Air would accept cryptocurrency payments via crypto exchange NBX.

Investor Fortress Raises Buyout Offer for Mt. Gox Creditor Claims by 71%
Fortress is now offering creditors a "premium price tier" of $1,300 on every bitcoin held by the defunct exchange's estate.

South Korea's Central Bank Is Building a New Blockchain System for the Bond Market
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market.

Crypto Exchange Binance Suspends Trading Over 'Systems Messaging Error'
The Binance exchange said an outage was due to system maintenance prompted by a problem with a data feed.

Korean ICO Project Shuts Down, Says 'Negative Perceptions' of Crypto Made Business Impossible
Contents Protocol will refund approximately $7.5 million worth of ether back to investors.

Samsung Continues Support for Crypto With New Flagship Smartphone
Users will still be able to hold cryptocurrencies on Samsung's newly launched Galaxy S20 range.

DeFi Project bZx Exploited for Second Time in a Week, Loses $630K in Ether
The attacker manipulated price feeds in order to create and profit from an under collateralized loan.

Russia's Central Bank Proposes New Token Framework, but Labels Crypto Transactions 'Suspicious'
Russia is looking at creating a regulatory distinction between asset tokenization and 'pure' cryptocurrencies.

Speculation Undermines Crypto Prices and Utility, Says Bank of England Senior Economist
Speculation clogs up blockchains, making them harder to use and ultimately less valuable, a working paper suggests.
