Bitcoin
June 02, 2020 - The Bank of Japan (BoJ) has announced it would experiment a central bank digital currency to evaluate the feasibility of such project. According to the BoJ, it wants to digitize cash, and is set to commence a proof-of-concept process with the digital yen; following the footsteps
Africa
The Nigerian Security and Exchange Commission (SEC), has warned stakeholders and the general public about the activities of an illegal blockchain firm known as iBledger (iBcash cryptocurrency) and InksNation. According to an official statement, SEC disclosed that neither the company (iBSmartify Nigeria) nor its promoter or products are registered or
Africa
With the current wave of the Corona virus pandemic ravaging economies, an overhaul of the traditional financial and payments system seems inevitable. Predictions are rife that digital payment models like central bank digital currencies, cryptocurrencies, and online payments are the way to go. At this time, government-imposed lockdowns have forced
Education & News
According to a leading venture capitalist, blockchain could be the most important invention since the internet. Recent global events have led to the redefinement of what it means to operate a business in the 21st century. New Horizons for the Venture Capitalist Digitization of organizations and their processes is a
Blockchain
In its latest report, the Bank of International Settlements (BIS) says the coronavirus pandemic has accelerated the need to create central bank digital currencies (CBDC). The BIS report notes that central banks must realize this is the time to move ahead with development of CBDC projects; with COVID-19 haven exposed
Bitcoin
Investments company, Grayscale Investments purchased 19,879 BTC over a seven-day period, increasing its assets under management to almost 400,000 BTC under management. At this rate, the organization could own 3.4% of all Bitcoin by 2021. Grayscale to Own More Bitcoin Currently, 18.415 out of 21 million
Blockchain
The Italian Banking Association (ABI) has announced its willingness to work on a Central Bank Digital Currency (CBDC), and Digital Euro for the region. The ABI says it is ready to support the implementation of a digital currency from the European Central Bank. According to an official press release, the
Africa
Fintech giant PayPal will reportedly launch direct sales of cryptocurrency to its over 325 million users. This report was made known by inside sources, hinting that the company will soon allow buys and sells of crypto directly from PayPal and Venmo. According to the first source, the new service will
Blockchain
Spanish football club Barcelona has sold out its first FC Barcelona Fan Tokens ($BAR) as listed on sports-based cryptocurrency exchange Chilz.net and Socios.com. The $1.3 million token sale was slated to hold for 48 hours, but interestingly concluded in less than two hours. A special highlight of
Bitcoin
The United Nations Children's Fund (UNICEF) has made an investment of Ethereum (ETH) cryptocurrency to eight (8) technology startups focused on mitigating the hardship caused by COVID-19 on children and youths. The 125 ETH ($30,000) donation was made through the UNICEF Cryptocurrency Fund formed in October 2019.
Education & News
The organization behind Cardano, IOHK (Input Output Hong Kong) plans to push out a roadmap that will include details of how Cardano will be used commercially. A new product, Prism will also be part of the roadmap. Prism is an identity solution that utilizes decentralized IDs. It is made with
Education & News
The next stage of the blockchain project, Cardano is fast approaching and its founder is confident that the community will understand why Cardano is a lot better than Ethereum 2.0 in different ways. According to founder, Charles Hoskinson, the team is working day and night on the next phase