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'The Most Crucial Question' on Digital Dollar According to Fed
10.11.2020
Economists at the Federal Reserve, the United States’ central bank, have concluded that research into central bank digital currencies (CBDCs) fails to show that CBDCs are a silver bullet, leaving “many questions” to be answered – another hint that the Fed will not be rushed into the issuance of...
Currency Depreciation to Blame for 7.2% Drop in Global Remittances: World Bank Supports Digital Remittances
10.11.2020
According to a new report, the depreciation of some currencies against the U.S. dollar is contributing to the declining international remittances. After touching an all-time high of $548 billion in 2019, the World Bank report now projects remittances to drop 7.2% in 2020 to $508 billion and...
UK drafting stablecoin regulations and researching a CBDC
10.11.2020
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC
Grin Network Victim of 51% Attack, Unknown Miner Commands 58% of the Hashrate
10.11.2020
The privacy-centric cryptocurrency network Grin (GRIN) has been the victim of a 51% attack according to a number of reports. Allegedly an unknown entity gained control of over 57% of the network hashrate on Saturday. According to the Grin website, the team is recommending people wait...
‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies
9.11.2020
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. Nouriel Roubini Sees Store of Value in Bitcoin...
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital
9.11.2020
The discussion of China's digital yuan at a regional-level conference indicates the pilot is being included in state-level planning
Bitcoin Global Launches P2P Crypto Trading App for Mobile Devices
9.11.2020
Peer-to-peer cryptocurrency trading platform Bitcoin Global has launched its mobile app for iOS and Android devices. In addition to a fast and anonymous way to buy and sell digital assets for fiat, the mobile app features a secure wallet, access to a referral program and more. P2P Crypto Trading...
Debate Rages on Whether a Digital Dollar Will Unleash Inflation
9.11.2020
Some speculate that if the Fed implements a digital dollar, soaring inflation will soon follow
Norway Central Bank Official Says ‘No Acute Need’ to Introduce a Digital Currency
9.11.2020
The deputy governor of the Norges Bank said there's no urgent need for the nation to launch a digital krone in a speech Thursday
CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini
9.11.2020
The word “cryptocurrency” is a misnomer because it isn’t a currency, according to Roubini
[aktualita] Nový Covid Portál nabízí informace o vládních opatřeních, stojí za ním Česko.digital a NAKIT
9.11.2020
Vládní opatření lidskou řečí – to je podtitul nového webu Covid Portál, který přehledně vysvětluje, jaká epidemická opatření aktuálně platí nebo jak řešit různé životní situace, do kterých se v souvislosti s nemocí Covid-19 mohou lidé dostat. Web zatím běží v pilotním provozu a vysvětluje, jaká...
20 More Block Rewards from 2010 Spent Today— Why Are Decade-Old Bitcoins Waking Up?
8.11.2020
Following the 21 coinbase rewards from 2010 spent on November 7, another long string of so-called ‘sleeping bitcoins’ mined a decade ago were transferred on Sunday morning. According to onchain data, the 20 block rewards from 2010 with 1,000 BTC were transferred at 4:02 a.m. EST. A...
Another Mysterious String of 1,000 ‘Satoshi Era’ Bitcoins Mined in 2010 Moved Today
7.11.2020
On November 7 at around 12:37 a.m. (EST), another string of so-called ‘sleeping bitcoins’ were moved for the first time since 2010. The peculiar movement stemmed from 20 blocks from 2010 with approximately 1,000 BTC spent ($15.5 million) in a single block. 2020 has been a wild year...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract
7.11.2020
This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, Ethereum’s...
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Coronavirus Driving Interest in CBDCs, Say Central Bank Chiefs
6.11.2020
Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies
South Korean Crypto Firms Must Disclose Users’ Identities Under Planned Law Change
6.11.2020
South Korea's top financial watchdog wants legal changes making it mandatory for cryptocurrency firms to report the names of customers
South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
Sygnum Bank Now Stores Digital Assets With Taurus Group
6.11.2020
Taurus Group has taken on licensed Swiss bank Sygnum as the latest client for its digital asset custody services