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Nalezeno "spending": 299

Blockchain Projects Gain Boost in Seoul’s USD 7Bn 2021 Spending Plan


The South Korean government has pledged to spend USD 7bn on public projects this year, a figure that will include blockchain spending. The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,”...

Russian CBDC To Create 'Centralized Database' of Spending, Expert Warns


Another Russian crypto expert has warned of the dangers of the nation’s Central Bank issuing a so-called digital ruble, claiming that neither consumers nor banks are yet sold on the idea of using a digital fiat. In an interview with AB News, Viktor Dostov, the Chairman of the Russian Electronic...

Trump Pardons War Crimes, Illegal Steam Spending


The White House announced a new round of presidential pardons yesterday, granting clemency to several controversial figures. Among them were the perpetrators of the Nisour Square massacre and Duncan Hunter, a former California congressman who was indicted for illegally using campaign funds...

Japan Leverages 80 Tons of Gold to Help Fund Part of Its Stimulus Package


Japan’s finance ministry has reportedly leveraged 80 tons of gold to help fund part of its huge stimulus package aimed at combating the coronavirus crisis. The Asian country, which is saddled with public debt twice the size of its economy, is under pressure to find non-tax revenues to cover...

Spending Sats: A Look at This Year’s Bitcoin Black Friday Deals


Every year the shopping holiday called Black Friday allows consumers to get better deals on products and services. On November 24, the day also known as ‘Bitcoin Black Friday’ will provide crypto users access to deals when they purchase items with digital assets like bitcoin. Due to...

Chat App Line Offers Crypto Cashback-type Rewards for e-Pay Spending


Japan-based chat app operator Line has upped the stakes in its crypto business again by combining its Line Point Club rewards program with its link (LN) cryptoasset – allowing earners to trade in their points for link tokens. The new program, which launched this week, will make use of the firm’s...

US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst


Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin...

Here’s How Big-spending Chinese Firms Use their Blockchain R&D Money


A new study of how Chinese firms have been making use of the millions of dollars they have injected into blockchain technology has found that companies are prioritizing government-related developments and financial sector solutions. The report, published by Securities Daily (via East Money), looked...

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified


Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...

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