Africa
The South African Presidential Commission on the Fourth Industrial Revolution has expressed belief that blockchain technology and Artificial Intelligence could help reduce unemployment and foster development in the country. Speaking at the recent Blockchain Africa Conference in Johannesburg, Commissioner Mpho Dagada said the nation could experience important economic benefits through
Bitcoin
Following heightened volatility risks, MakerDao governance approves the use of USD Coin (USDC) stablecoin as collateral in the Maker Protocol. The deicsion was made with the purpose of reducing liquidity risks. MakerDao Approves USDC Stablecoin as Risks Loom According to a blog post by MakerDao on the matter, “Prior to
Education & News
Billionaire and Bitcoin proponent, Tim Draper asserts that Bitcoin (not banks or governments) will be the solution once the world bounces back from the coronavirus period. Bitcoin in a Coronavirus Period Heightened fears over coronavirus have led to drainage of investments from different markets. Last week, the stock market experienced
Blockchain
Toyota Motor Corp. along with its subsidiary Toyota Financial Services Corporation, has unveiled its Toyota Blockchain Laboratory focused on exploring the future of the automotive industry. Initially established in April 2019, the Blockchain Lab comprises of six Toyota Group companies which have been quietly testing the potential uses of blockchain
Africa
The Reserve bank of Zimbabwe (RBZ), the country's central bank is set to regulate cryptocurrencies, making a u-turn from its 2018 ban which prevented local banks from processing crypto payments. According to reports by local media - The Chronicle, Zimbabwe's central bank has started drafting a
Bitcoin
Last week (March 12), the bitcoin and cryptocurrency market experienced its biggest single day dip in the last 7 years. The number one cryptocurrency had its price drop by 50% in under 24 hours; courtesy of panic sell offs due to the Corona (COVID-19) virus outbreak and a global economic
Bitcoin
The Italian Red Cross in partnership with the Colli Albani Committee and Helperbit - a blockchain platform for charities, are raising donations in Bitcoin and other cryptocurrencies as they look to combat the coronavirus epidemic in the country. According to reports, the proceeds from the crypto donations will be used
Africa
Co-founder of Microsoft Corporation, Bill Gates will leave the company's board as announced in a press release. The Billionaire businessman now 64 years old, launched Microsoft in 1975 alongside Paul Allen and has seen the company through great success over the years. Following his departure, Gates will now
Blockchain
Libertarian candidate for the U.S 2020 Presidential Elections - Adam Kokesh has expressed interest to develop a sovereign cryptocurrency named once elected. Kokesh made the announcement at a ceremony where he appointed Alastair Caithness as his chief blockchain policy adviser. Adding that the new role will focus on development
Bitcoin
A key developer in the cryptocurrency community, Zhen Yu Yong has been hit with the coronavirus. The co-founder of Torus Labs made a public statement on his condition and encouraged those who had come in contact with him to get tested. Cryptocurrency Developer Gets Verdict from Doctors Yong’s doctors
Blockchain
One of South Africa’s biggest banks, Investec announces its new digital asset custody product at the Blockchain Africa 2020 conference. The announcement was made by the Blockchain lead at the private bank, Chris Becker. South Africa's New Digital Asset Custody Product While on stage, Becker described Investec’
Blockchain
A developer working on privacy cryptocurrency, Grin, predicts that the privacy protocol (Mimblewimble) which the coin runs on will be released on Litecoin's testnet by September 2020. Grin Set for Litecoin's Testnet Launch Preparation for the mimblewimble launch on Litecoin's testnet has been in