Why financial infrastructure needs to be open-source — Hyperledger

Governments, organizations, and financial institutions needing to utilize blockchain technology must first make use of open-source tools for management and development. At Paris Blockchain Week, Daniela Barbosa, the executive director of Hyperledger, had an exclusive conversation with CryptoMoon. She explained that open-source blockchain tech is indispensable for global organizations. Barbosa, as the Linux Foundation’s general … Read more

Mapping on the blockchain, explained

Can blockchain-based location mapping replace GPS mapping? A Global Positioning System (GPS) determines a person’s location and integrates it with their surroundings, then shows the result in real time on their mobile device through a user-friendly interface. Blockchain technology ensures transparency and protection against manipulation for these systems. Using GPS navigation devices is now commonplace. … Read more

Ethena’s ‘risky’ USDe has ‘an edge over Tether, Circle,’ but… – Arthur Hayes

USDe is better than Tether or Circle because they share yield with users, says Hayes However, USDe has risks worth understanding before jumping into it   Recently, the synthetic dollar created by Ethena, called USDe, has experienced significant growth due to its alluring yield benefits. It now ranks among the top five stablecoins with a market … Read more

BTC price hits $65K as rumor Middle East tensions over boosts Bitcoin

On April 19, Bitcoin (BTC) experienced sudden price fluctuations due to political instability in the Middle East causing market turbulence. BTC price whipsaws into halving Based on information from CryptoMoon Markets Pro and TradingView, the price of Bitcoin reached a new seven-week low of $59,630 following the market closure on April 18th. This month, the … Read more

Blockchains should make money move like email — Stellar Development Foundation CEO

To reach widespread acceptance, blockchain systems should enable the effortless transfer of financial assets between conventional and on-blockchain structures. During Paris Blockchain Week, Denelle Dixon, the CEO of Stellar Development Foundation (SDF), emphasized this essential idea when speaking with CryptoMoon. Since the outset, our goal has been to make financial transactions as swift and seamless … Read more

Bitcoin ransomware Akira drains $42M from more than 250 companies: FBI

Last year, the ransomware gang known as Akira infiltrated over 250 organizations and managed to extort around $42 million in ransoms. This alarming news was shared by leading international cybersecurity organizations. The FBI in the United States has reported that Akira ransomware has been attacking businesses and crucial entities in North America, Europe, and Australia … Read more