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Zhou Sha Says How Blockchain Technology Will Reshape and Transform the Chinese Economy
13.11.2019
According to Zhou Sha, founder and CEO of Jingtum Tech, blockchain technology by using its advanced cryptographic methods, will help in confirming the rights concerning the individual data of the people who generate it. This dream can be a reality that may occur over the next 10 to 15 years, said...
Cryptocurrency Exchange, Coinchase Introduced New Staking Services of 8 Crypto Coins
7.11.2019
Coinchase is a well-known crowdfunding and cryptocurrency exchange platform in the world. It was founded in 2018 in Singapore and is providing its exchange and fundraising services across the globe. It has 600,000 users who are mostly from Russia, Australia, Turkey, Taiwan, Japan, Southeast Asia...
China Embraces the Race for Blockchain Supremacy; Set to Become a “Powerhouse”
5.11.2019
Chinese President, Xi Jinping, recently endorsed the country’s efforts in blockchain technology, reinstating the fact that China sees the technology as an integral part of the country’s plan to race ahead of the U.S. in tech supremacy. Only last week, the President has dubbed blockchain and...
Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Is Cryptocurrency a Boon with New Opportunities or Bane with Threat to Economy?
29.10.2019
A Cryptocurrency can be described as a digital currency that has been developed and managed through advanced encryption strategies known as cryptography. Cryptocurrency made the jump from being an academic idea to virtual reality with the development of Bitcoin in 2009. Cryptocurrency, together...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...
South Korea to Shug off WTO’s ‘Developing Nation’ Tag
25.10.2019
In a new development that could set a precedent for many other countries, the government of South Korea today announced that it is going to voluntarily drop the ‘developing’ nation tag at the World Trade Organization. Over the years, there has been a lot of discussion about the fact that there...
Binance US Announces Dogecoin Listing
24.10.2019
Binance US has listed longtime meme favorite dogecoin, according to the exchange
Germany’s Financial Crisis Invokes 5-Year Rent Freeze
24.10.2019
All eyes are on the German economy which was once perceived as stable and strong. However, the financial state of affairs has been tumultuous and Berlin’s state cabinet recently agreed to a five-year rent freeze to help curb the rising housing costs in the country. Moreover, Bundesbank just...
Blockstack’s STK Token Now Traded on Binance and HashKey Pro
23.10.2019
The advance is set to expand investors’ access to Stacks (STX) - especially in Asia, a “priority region” for Blockstack
Blockstack’s STX Token Now Traded on Binance and HashKey Pro
23.10.2019
The advance is set to expand investors' access to Stacks (STX) – especially in Asia, a "priority region" for Blockstack
As Lightning’s Economy Takes Shape, Devs Are Split on Proposed Fee Hike
21.10.2019
At the lightning network's inaugural conference in Berlin, the future economics of the bitcoin payment technology took center stage
Bitcoin.com Acquires Blockchain Software Startup O3 Labs
21.10.2019
Bitcoin.com has announced the acquisition of blockchain startup O3 Labs, the Tokyo-based software company that specializes in developing gateways to the digital economy. The deal will see O3 absorbed into Bitcoin.com, forming a single team dedicated to creating tools for realizing the full...
Former Chief of Bank of England Warns World Economy is ‘Sleepwalking’ Into a New Financial Crisis
21.10.2019
Over the past months, many experts and policy-makers have voiced their concerns over the state of the world economy. In a new development, the former governor of the Bank of England, Mervyn King has stated that the global economy is heading towards a new financial meltdown. He actually used...
Traditional Law and Finance Can Adapt to Bitcoin, These Examples Show
20.10.2019
Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for...
Bitcoin’s Smallest Unit ‘Satoshi’ Added to Oxford English Dictionary
15.10.2019
Oxford University Press published its recent quarterly report which revealed the term ‘satoshi’ was added to the Oxford English Dictionary (OED) database. The word represents the “smallest monetary unit in the Bitcoin digital payment system,” according to the definition....
The Fed Plans to Inject $60 Billion per Month Into the Economy
15.10.2019
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...
IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR
14.10.2019
Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address limitations of gold and standard fiat currencies such as the USD....
More Nations Join the Club of Crypto-Friendly Jurisdictions
14.10.2019
Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact the number taking a crypto-friendly stance is in fact increasing. Also read: Ukraine in a Rush to Legalize...