crypto

Cryptocurrencies have perplexed Muslim scholars for several years now. Debates generally concerns its status as currency: Shari’ah principles forbid usury—lending money to make profits through interest—and prefer exchanges of goods to be backed by physical assets, like gold. But cryptocurrencies typically aren’t backed by physical assets, and people can make massive profitsRead More →

Non-custodial exchange Binance DEX is soon going to list five new fiat-pegged stablecoins from issuer TrustToken, which is backed by notable venture capital firm Andreessen Horowitz. Revealing the news exclusively to CBNN, TrustToken said Wednesday that the stablecoins – TrueUSD, TrueGBP, TrueAUD, TrueCAD, and TrueHKD – are launching on BinanceRead More →

crypto

The United States Securities and Exchanges Commission (SEC) is planning to run through contractors a bitcoin and an ethereum node, in addition to “as many as possible of the following blockchains: Bitcoin Cash, Stellar, Zcash, EOS, NEO, and XRP Ledger.” They provide no concrete reason as to why they needRead More →

ether

The Ethereum blockchain is being used by engineers at Microsoft to “democratize” AI and machine learning, making these typically centralized and costly systems more accessible to everyone. Smart contracts have the potential to profoundly impact how data is managed. They are immutable and allow devs to reward users for participation and contributions. And, forRead More →