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Ripple’s Investment Solution Xpring Puts Funds in Flare Networks
6.11.2019
Xpring, the brainchild of Ripple that works as the investment arm for innovative blockchain projects, has made a strategic investment in a well-known smart contract platform, Flare Networks. On November 5, 2019, Flare Networks made an official announcement stating that it has earned a critical...
Bitcoin Cash Captured 90% of October’s Crypto Spending in Australia
6.11.2019
Just recently the web portal Bitcoinbch.com reported that the number of bitcoin cash (BCH) Australian retail transactions throughout the month of September outshined every other digital currency by a wide margin. After the study, the researchers analyzed transactions for the month of October...
New Hire to Head Digital Currency Research at the US Fed
5.11.2019
The United States Federal Reserve is looking to employ a Manager, Retail Payments, part of whose responsibilities will be to oversee the research of digital currencies and distributed ledgers. The job ad has been published amid pressure from Capitol Hill to explore the possibilities of issuing...
Leading Swiss Bank Maerki Baumann Begins Accepting Crypto
5.11.2019
Switzerland has emerged as a leading banking center for several organizations and individuals all over the globe. And, the country also coined the popular term “Swiss account” which has gained familiarity among banking and investment circles for all the positive reasons. The country does not allow...
Hydax Provides a Blockchain-based Digital Asset Exchange Platform for Gamers
5.11.2019
The blockchain platform, Hydax, is providing a safe, secure, reliable, and innovative digital asset trading services to online gamers. People are so much engaged in playing online games. It is a great thing to fill the free time of the daily routine. Many online gamers spend long hours playing...
Peter Schiff: China's Gold-Backed Crypto Would Be Bearish for Bitcoin
5.11.2019
Bitcoin has no backing, Peter Schiff reminds Max Keiser
China Introduced a Smart City Identification System Based on Blockchain Technology
5.11.2019
China seems to be a frontrunner when it comes to blockchain-based real-world implementations. In the long list of technological deployments related to blockchain, the Chinese have added an independently developed identification system for smart cities. A smart city project is an amalgamation...
President Erdogan: Turkey to Finish Testing Digital Lira in 2020
5.11.2019
Turkey's President Recep Tayyip Erdogan directed that the government should start testing the national central bank digital currency in 2020
Tips and Strategies for Beginners in Cryptocurrency Day Trading
5.11.2019
In the Digital currency world, the word Cryptocurrency means hype. It initially entered the tech scene with an ideal thought of removing control from large banks and governments and returning it to the individuals. This would be achieved by developing the digital currency that could be secured...
US Federal Reserve Hiring Retail Payments Manager to Integrate Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
US Federal Reserve Hiring Retail Payments Manager to Research Digital Currencies
5.11.2019
The central bank is expanding the role of its Retail Payments Manager to include digital currencies, stablecoins and distributed ledger technologies as part of a new hire
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
4.11.2019
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume...
23 Central Banks Divulge Their Digital Currency Requirements
2.11.2019
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their...
JP Morgan CEO Jamie Dimon Remarks Libra “could perchance per chance no longer ever happen”
1.11.2019
JP Morgan Chase Chief Executive Jamie Dimon took the crypto niche in a blow by giving some strict remarks on Facebook’s stablecoin, Libra Project. The spearhead added on to fuel the skepticism air that is hovering over the project since the announcement of its launch. He stated that Libra is...
Korean Presidential Committee Pushes to Legalize Crypto
31.10.2019
A South Korean presidential committee is pushing for the government to establish legal status for cryptocurrency to stay competitive globally. So far, the government’s policies have been risk-focused to curb speculation, which the committee says must change. Also read: China Ranks 35 Crypto...
IBM Expects a Central Bank to Issue Digital Currency Within 5 Years
30.10.2019
73% of leading global banks state CBDC should be available “under all circumstances” in a new study by IBM and OMFIF
Avalon Mining Rig Maker Canaan Files for $400M IPO on Nasdaq
30.10.2019
Mining rig manufacturer Canaan has filed for an IPO with the U.S. Securities and Exchange Commission to raise $400 million on the Nasdaq Global Market. Prior to this filing, the company had also attempted to go public in Hong Kong and China. Credit Suisse and Citigroup are among its underwriters....
China Ranks 35 Crypto Projects as President Xi Pushes Blockchain
29.10.2019
China has been on a roll with a series of crypto-related announcements. President Xi Jinping’s speech to accelerate the development of blockchain technology in China was followed by the passing of a cryptography bill. Meanwhile, China’s Center for Information and Industry Development...
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...