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Bank of England Still Debating Creation of Central Bank Digital Currency, Says Bailey
15.7.2020
Bank of England (BoE) Governor Andrew Bailey said Monday that the institution is still debating whether it should create a central bank digital currency (CBDC). Speaking at a webinar event, Andrew Bailey admits a CBDC will be a reality in the next few years. He, however, does not provide a time...
Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans
15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...
A Panel of Experts See Bitcoin Averaging $12,948 by Year End
14.7.2020
A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948. The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price...
Texas Man Allegedly Used $1.1M in COVID-19 Relief Funds to Buy Crypto
14.7.2020
U.S. authorities have accused a man of securing COVID-19 relief funds to invest in cryptocurrency
Deposition of Craig Wright’s Wife Shows Little Understanding of Bitcoin Private Keys
13.7.2020
According to a court filing on June 30, the Kleiman v. Wright case has postponed the jury trial until October 13 in the Miami Division courthouse. Meanwhile, a deposition stemming from Craig Wright’s wife, Ramona Watts, shows that she has little understanding of how Bitcoin works after being...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
Does COVID-19 Have the World Rethinking Dollar Supremacy?
12.7.2020
A reading of a piece by a Yale professor and former head of Morgan Stanley Asia arguing the dollar’s status is changing rapidly
Money Reimagined: COVID-19’s Crash Course in Exponential Math
10.7.2020
Money requires a network effect, helped by the self-reinforcing idea that “everyone’s using it because everyone’s using it.”
$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
9.7.2020
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have...
COVID-19 Is Changing Our Relationship With Money
8.7.2020
The coronavirus pandemic has prompted retailers to ask customers to wear masks, maintain physical distancing and avoid the use of cash when possible. Despite scientific evidence indicating that currency doesn’t transmit COVID-19, there continues to be an unprecedented weariness around the use...
Electroneum Mines Multi-Country Charity Donations During COVID-19
8.7.2020
U.K.-based Electroneum is helping students in Nigeria and India with block rewards reaped from its token, ETN. The strategy also helps its business
CBDCs and COVID-19 Top Agenda in First Two Days of Unitize Conference
8.7.2020
An overview of the first two days of the Unitize virtual blockchain conference where top crypto and blockchain experts offered their views on topical issues in the industry
Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction
8.7.2020
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters...
COVID-19 Could Accelerate Crypto Adoption
7.7.2020
Coinbase’s former CTO believes over powered governments could lead to accelerated crypto adoption post COVID-19
ReactiveConf představí reakce vývojářské komunity na COVID-19
7.7.2020
Organizátoři ReactiveConf pořádají speciální online komunitní meetup ReactiveMeetupsICommunity Special. Za online mikrofonem se vystřídají vývojářské komunity z celého světa a představí projekty, technologie a různorodé přístupy, které jim pomohly v boji proti koronaviru…
Binance Gives 27,000 COVID-19 Masks to UK National Health Service
7.7.2020
Binance has donated 27,000 KN95 masks worth over $60,000 to the U.K. National Health Service’s Pru Trust to aid the fight against COVID-19
700,000 Expedia Hotels Can Now Be Paid With Cryptocurrencies via Travala
6.7.2020
More than 700,000 Expedia Group hotels and accommodations are now available via crypto-friendly travel booking platform Travala. Bookings can be paid with more than 30 cryptocurrencies, including bitcoin. Despite covid-19, Travala saw a 170% increase in booking revenue from its 2 million properties...
Bitcoin Entrepreneur Brock Pierce Joins the 2020 US Presidential Election
6.7.2020
Blockchain entrepreneur and former Disney child actor, Brock Pierce, is running for President of the United States this election. Pierce announced he was running during America’s Independence Day celebration on July 4, the same day Kanye West revealed his candidacy. Pierce is an advocate...
Blockchain Travel Platform Lost 90% of Booking Volumes Due to COVID-19
6.7.2020
Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic
Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies
5.7.2020
The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number...