Education & News
The Dutch Central Bank - De Nederlandsche Bank (DNB) in a recent report, said it is ready to be proving ground for a central bank digital currency (CBDC) test in the European region. According to a 45-page document by the DNB, it said "we are ready to play a
Bitcoin
Across the world, these are trying times for many businesses and individuals. The coronavirus pandemic has led to a lock-down of many sources of income especially those that require physical contact to exchange goods and services. While these are trying times, one can choose to leverage on a number of
Education & News
Reddit appears to be joining the cryptocurrency race with ETH rewards system. A recent user report suggests that users of certain subreddits could soon be rewarded with digital benefits stored using ERC-20 token standards. Reddit Works on ETH Rewards System A decentralized system could be created, allowing users to exercise
Education & News
Crude oil recently hit a 21-year low as U.S. benchmark West Texas Intermediate (WTI) fell to an intraday low of $14.62. The downward spiral of oil prices has led many to believe that the value of the commodity will eventually fall to $0. Virgin Galactic Chairman on Oil
Bitcoin
A look at recent data suggests that a portion of U.S. citizens may be spending their coronavirus stimulus checks on buying Bitcoin (BTC). According to a chart published by Brian Armstrong, CEO of Coinbase, there has been a four-fold spike in deposits and buys worth $1,200 during this
Bitcoin
The CEO of blockchain startup Messari suggests that more investors are preparing to re-enter the cryptocurrency markets with $3,000,000,000. Ryan Selkis bases his prediction on data which shows a significant amount of stablecoins held by investors. $3,000,000 in Stablecoins for Cryptocurrency Markets A significant number
Blockchain
While rumours abound about the testing phase of China's digital currency. Local media outlets believe that tests will begin sooner than expected. China’s national digital currency or as they call it, “DC/EP” has been in development for 5 years now. And there has been plenty of
Bitcoin
United States - Wyoming has amended its state code to now allow local insurance companies invest in digital assets such as Bitcoin (BTC). The new law was signed by Wyoming Governor Mark Gordon, and will take effect from July 1, 2020 according to information from the Wyoming State Legislature. A
Blockchain
Ant Financial, the fintech subsidiary of Chinese e-commerce giant Alibaba Group, and founding company of AliPay, has launched its consortium blockchain. The blockhain platform dubbed "OpenChain" will support small and medium scale enterprises (SMEs) to deploy blockchain applications with higher efficiency and lower cost. Speaking on the project,
Bitcoin
Just like in any field, there are some essential pieces of advice, which new members of the cryptocurrency world should adhere to if they are aimed to survive in the game. Some of the suggested tips can be considered laws that dictate you how to increase your chances of making
Blockchain
The Government of China has announced members of its national blockchain committee, a team set to work on setting industrial standards within the country. According to the announcement by China's Ministry of Industry and Information Technology (MIIT), the committee named "National Blockchain and Distributed Ledger Technology Standardization
Blockchain
In a bid to rid itself of its bureaucratic system, the central bank of Brazil launches a blockchain data-sharing tool on Ethereum. Banco Central do Brasil launched PIER on Ethereum-based platform, Quorum. Brazil Regulators Choose Blockchain Prior to the introduction of PIER, regulators in Brazil were overly dependent on letters