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BMW Korea trials a blockchain-powered rewards program ahead of global launch
7.10.2020
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide
The UK Bans Crypto Derivatives
6.10.2020
The crypto industry reacts to a big move from the United Kingdom's Financial Conduct Authority, which banned crypto derivatives
Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler
6.10.2020
"Backing the dollar is the world's biggest, deepest and the most transparent government bond market," said Marc Chandler, chief market strategist at Bannockburn Global Forex and author of the book "Making Sense of the Dollar."
While Darknet Users Search for New Markets, Global Law Enforcement Reveals Mass Arrests
5.10.2020
During the last month since the fall of Empire Market, darknet market (DNM) patrons have been migrating to alternative markets. Meanwhile, global law enforcement recently arrested 179 individuals tied to DNMs and seized over $6.5 million in cryptocurrency and cash proceeds. It hasn’t been...
Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B
4.10.2020
2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top...
Centralized data management hampered the global response to COVID-19
4.10.2020
Blockchain-supported decentralization has a chance to improve the difficulties for pharmaceutical and life sciences supply chains
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
3.10.2020
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a defi platform called BDVE that purportedly provides Venezuelan citizens with the means...
ECB Sends Another Confirmation of A ‘Global Currency War’
2.10.2020
While China has already confirmed that its digital yuan aims to break “dollar dominance,” the Eurozone to start experimenting with a central bank digital currency (CBDC) this month in order to protect the Eurozone from other public or private digital currencies.
The European Central Bank (ECB)...
PwC’s global crypto tax report reveals the need for further regulatory guidance
2.10.2020
The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required to keep up
Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range
1.10.2020
The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...
Bittrex Global gets cleared to run crypto exchange from Bermuda
1.10.2020
Bermuda continues to welcome fresh wave of crypto exchanges on the island
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions
1.10.2020
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give...
Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund
1.10.2020
Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto fraud. The petitioners...
Maduro to Allow Use of ‘All Global Cryptos’ in International Trade Deals
1.10.2020
Nicolás Maduro. Venezuelan President Nicolás Maduro has spoken about a new bill that proposes to legalize the use of crypto in international trade deals – as a means of circumnavigating crippling economic sanctions placed upon the country by the USA and its international allies.
The Venezuelan...
Is Reddit’s MOON Token Really 2000x Bigger Than the Global Economy?
30.9.2020
A unique anomaly means the market cap for a token for incentivizing content on a particular Reddit forum has ballooned to $2.88 septillion
Global economy saved: Reddit’s MOON token has a $2.64 septillion market cap
30.9.2020
Despite still being on the Rinkeby testnet, holders of Reddit’s ‘MOONs’ have devised a way to trade the tokens for fiat
Norwegian Block Exchange To Tokenize Krone Before Going Global
30.9.2020
At this stage, with planned tokenization of both gold and the local currency Norwegian krone (NOK) in the works, Norwegian Block Exchange (NBX) is set to prioritize regional growth over global expansion, NBX Co-Founder and Managing Director Stig Kjos-Mathisen told Cryptonews.com.
“The next year...
Bitcoin price may surge as fear and uncertainty strain global markets
28.9.2020
Despite Bitcoin’s online sentiment being at a two-year low, analytics say that BTC may be on the verge of a breakout
Cambridge University’s Third Crypto Study Records 101 Million Cryptocurrency Users Worldwide
25.9.2020
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling...
Chinese state-endorsed public chain to act as a global DeFi bridge, says Conflux CEO
24.9.2020
Chinese Free Trade Zone is open to experimenting with permissionless DeFi applications