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The Global Contenders Trying to Displace the Dollar
8.5.2020
Could the dollar be replaced by a single new dominant currency like China’s DCEP, or is a multipolar currency world more likely?
Global Fintech Firm Launches Security Tokenization Platform
8.5.2020
Fintech firm GSX Group says their securities tokenization platform is phase one of its global security token ecosystem
Coinshares Acquires Gabi Trading: New Unit Traded $3 Billion Worth of Crypto in 2019
8.5.2020
Coinshares on Thursday launched its trading business, Coinshares Capital Markets (CSCM), reporting that the unit traded over $3 billion worth of cryptocurrency in 2019 and $1.5 billion during the first quarter of 2020. The UK digital asset manager is basically rebranding Gabi Trading, a business...
New Global Campaign Urges Credit Card Companies to Block Porn Sites
8.5.2020
An international campaign calling on credit card companies to block payments to porn sites could lead to a huge wave of new cryptocurrency adopters
Global Economic Crisis Spurs Crypto-Comeback, CEO Says
7.5.2020
Blockchain incubator's CEO says crypto is hot, even given current economic difficulties
65% of Global Bitcoin Hashrate Concentrated in China
7.5.2020
A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...
Cambridge University Releases New Tool for Tracking Global Bitcoin Mining Power
7.5.2020
Cambridge University's Centre for Alternative Finance has released a bitcoin mining map, showing where bitcoin miners are located worldwide
A Single Chinese Region Accounts for One-Third of Global BTC Hash Rate
7.5.2020
Cambridge University has launched a ‘Bitcoin Mining Map’ that shows the distribution of hashing power worldwide as well as within China
Ripple Joins ISO Global Standards Body on Cross-Border Payments
6.5.2020
Ripple claims to be the first DLT-focused member of the global ISO 20022 standards body, driving international standards for interoperability between financial institutions
Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis
6.5.2020
The number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin...
BlockFi Hires Credit Suisse, Prudential Execs to Drive Global Expansion
5.5.2020
Crypto lender BlockFi has hired two execs from traditional finance to help launch a bitcoin rewards card and build out business teams in Europe and Asia
US Manufacturing Crisis: Fastest Economic Deterioration Ever Recorded, Analyst Says
3.5.2020
The US manufacturing activity has plunged to a record low, indicating that the country has entered into a deeper recession. “This recession is the quickest deterioration in economic activity ever recorded,” an economist explained. This data is accompanied by collapsing global demand...
Data Shows the US Economy Was Collapsing 5 Months Before the Coronavirus Outbreak
3.5.2020
During the last two months, the global economy has shuddered and a great number of people still attribute the financial meltdown to the Covid-19 outbreak. However, during the last two weeks, the blame has shifted, as many citizens are now blaming the government lockdowns, overly-predictive models...
Tracing Global Meat Related Risks With Blockchain Amid COVID-19
2.5.2020
With the adoption of blockchain technology, the meatpacking industry will achieve a more trusted reputation and safety for its consumers
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
While the Global Economy Shudders, Andreessen Horowitz ‘Excited’ to Invest $500M Into the Crypto Industry
1.5.2020
The private venture capital firm Andreessen Horowitz (a16z) has announced the company is investing $515 million into the cryptocurrency industry. The firm says its “excited” to bolster crypto networks and businesses. Further, the company hopes to strengthen ideas like next-generation...
Bitcoin Lender Genesis Global Issues $2 Billion in Loans During Record Quarter
30.4.2020
Genesis Global Trading has reported a 100% jump in new loan originations in the first quarter. The cryptocurrency lender and trading platform added a record $2 billion in new loans in the three months leading to March 2020, up $1 billion from the previous quarter. BTC accounted for 44.8% of...
Stablecoins Provide Cover as Global Risks and Uncertainty Quake
30.4.2020
Stablecoin demand and issuance sees such a dramatic surge in 2020, that the Bitcoin market cap may not stay the largest for much longer
Crypto Answers to the Global Crisis: Bitcoin's Do-or-Die Moment
28.4.2020
The COVID-19 pandemic has resulted in global financial and economic crisis, and this is the best chance for crypto to prove its benefits
World Economic Forum Looks to Blockchain to Restart Global Economy
28.4.2020
The WEF has published a report advocating for the adoption of blockchain-based supply chain solutions to respond to the COVID-19 pandemic and restart the global economy