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Lenovo Distances Itself from ‘Digital Currency’ Claims + More News
17.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investment news
Legend Holdings, the owner of the Lenovo Group, has issued a statement denying it has made any “digital currency” or “blockchain”...
Thailand Already Using Central Bank’s Digital Currency
17.7.2020
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months
Bank of Thailand Enters Third Phase of CBDC Development; Now “Using CBDC with Big Businesses”
17.7.2020
The Bank of Thailand (BOT) announced Wednesday that is has entered third-phase development of its central bank digital currency (CBDC). BOT is planning to expand the use of the CBDC among large businesses. The report by The Nation of Thailand quotes Vachira Arromdee, BOT assistant governor saying...
AI-Blockchain Platform Creates Digital Assets From Personal Data
17.7.2020
KNEO is a new platform for connected edge AI devices through blockchain technology, creating secure private networks which harvest data as digital assets
Japan Should Urge US to Hurry Up With Digital Dollar Says Fisco Exec.
17.7.2020
Japan may need to rely on the United States to have some influence over the development of digital currencies
On dependency
17.7.2020
Rob Weychert:
But I can’t host your site or even my own site. I didn’t build the CMS. Other people made the hardware and software I use to generate and optimize images. Other people made the fonts. Other people standardized the digital formats for those images and fonts. I didn’t write the HTML...
Abra CEO Agrees With Bitcoin's Role as Digital Gold
16.7.2020
Abra CEO and founder Bill Barhydt said he sees Bitcoin as a store of value, increasingly distancing itself from mainstream market price correlation
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Market Outlook: Crypto Economy Sheds $10B Overnight, Exchange Inflow and Sell Pressure Rises
16.7.2020
The overall market capitalization of all 5,700+ cryptocurrencies in existence lost around $10 billion during the overnight trading sessions. Most crypto assets have lost 2-5% in value during the last 12 hours, and a number of speculators blame the recent Twitter hack. The price of bitcoin (BTC)...
Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
16.7.2020
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected
European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
16.7.2020
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets...
LIVE COVERAGE: Join Us as We Discuss the Ongoing Twitter Hack
16.7.2020
Cointelegraph is going live to discuss the ongoing Twitter attack
Fidelity Digital Assets to Hold Bitcoin Private Keys for Kingdom Trust Clients
16.7.2020
The enterprise-grade bitcoin custody and crypto management service, Fidelity Digital Assets has revealed a recent partnership with the firm Kingdom Trust. The new alliance provides individual retirees with the ability to safeguard their bitcoin private keys alongside self-directed IRAs. The crypto...
The Bahamas Edges Closer to Hurricane-Proof Digital Currency
15.7.2020
The Bahamas is betting that its mobile phone-based digital currency could be the key to faster post-disaster economic recoveries
New Grayscale Report: Digital Assets Fund Adds $905M in Record Quarter
15.7.2020
Grayscale Investments Q2 report shows a record $905 million inflow as institutions continue to move into Bitcoin, Ethereum and other digital assets
CFTC Committee to Hold Remote Meeting on DLT and Digital Currencies
15.7.2020
An upcoming U.S. Commodity Futures Trading Commission, or CFTC, advisory group meeting will host talk on a number of topics, including Distributed Ledger Technology, or DLT, digital assets and trading
How a Digital Dollar Can Make the Financial System More Equitable
15.7.2020
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S
Blockchain Bites: BitLicense Feedback, Digital Yuan Trial and How US Bills Could Threaten Privacy
15.7.2020
A mega food retailer may trial the digital yuan, an a16z alum is launching a VC firm focused on distributed tech and Ethereum's new client is "basically ready."
Yield Farming Expands From Finance to Digital Collectibles
15.7.2020
Fresh new soils can now be tilled for yield on Ethereum: the world of digital collectibles. NFT site Rarible is issuing a governance token
Japan Is Seriously Considering a Digital Yen: Report
15.7.2020
As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year's policy agenda