Education & News
The Central Bank of Bahamas could soon take the lead out of the growing number of crypto-friendly nations with its digital currency set to launch in October. Bahamas Central Bank Digital Currency Bahama’s central bank has named the digital currency “The Sand Dollar”. The Sand Dollar is backed 1:
Bitcoin
Twitter CEO - Jack Dorsey who is a known supporter of Bitcoin, has once again reiterated his support for the digital currency and blockchain industry. Speaking at a recent interview with Reuters, Dorsey remarked that despite the speedy developments across various digital assets, Bitcoin (BTC) remains a pioneer currency which
Education & News
On Wednesday, Mastercard announced the launch of its “proprietary virtual testing environment” for central banks to test digital currencies. The platform promises to assist central banks in evaluating use cases of their central bank digital currencies (CBDC). Mastercard Develops Digital Currency Ecosystem Each central bank will be able to customize
Bitcoin
New research reveals that the total adjusted on-chain volume for Bitcoin and Ethereum networks reached a 30-month high, rising by 38.3% month-over-month. The total adjusted on-chain volume for Bitcoin grew by 22.5% while Ethereum experienced an increase of 81.7%. Bitcoin and Ethereum Volumes Hit New Highs Metrics
Education & News
Chainalysis 2020 Cryptocurrency Adoption Index reveals that Ukraine, Russia, China, South Africa, Nigeria, and the U.S. are among the top countries for cryptocurrency adoption. Nigeria on Top Ten List for Cryptocurrency Adoption According to blockchain data analytics firm, Chainalysis, the breakdown represents one of the first attempts at a
Bitcoin
In yesterday’s episode of “Joe Rogan Experience” (JRE), podcast kings Adam Curry and Joe Rogan engaged in a lengthy discussion about Bitcoin and the digital dollar. Bitcoin and the Digital Dollar In one of his first podcast episodes on the Spotify platform, Rogan asks “the podfather”, Curry why we
Bitcoin
Cryptocurrency analyst PlanB says the Bitcoin price could rise to $864,000 in four years, beating his stock to flow model. PlanB on the Bitcoin Price In an interview on September 4, PlanB stated that he made a conservative bet when he predicted that Bitcoin would reach $288,000. PlanB
Bitcoin
One of the top 10 biggest Bitcoin wallets in history transferred 60,000 BTC worth over $641 million. The transaction cost the wallet only $14.50. Top 10 Bitcoin Wallet Transfers 60,000 BTC Blockchain tracker, Bitcoin Block Bot identified the transaction in a whale alert. According to Bitcoin Block
Bitcoin
Payments company, Ripple, recently transferred 1,000,000,000 XRP worth $292.8 million. The transfer of one Billion XRP was made in three tranches and settled within seconds, costing the transferors less than a penny. Three Transfers Worth One Billion XRP The transfers were made from Ripple Escrow wallet
Education & News
Fiat currency has served societies for many years through different eras and economic cycles. From Nigeria to America, billions of people around the world put their trust in fiat money to live. In more recent times, however, Bitcoin has given a growing number of people around the world reasons to
Africa
The Organization of Petroleum Exporting Countries (OPEC) has announced its Second Virtual Workshop on Energy and Information Technology scheduled for September 21, 2020. This year's videoconference will see blockchain technology discussed among a list of key energy and tech related topics to be addressed. The event will have
Bitcoin
YFI - Yearn.Finance governance token made headlines over the weekend surging from a price of $16,642 on Friday to $38,682 on Sunday (30/08/2020). The YFI token is the latest of DeFi (decentralized finance) tokens to hit a milestone price following the path of others such