Bitcoin
United States Representative member - Tom Emmer has hailed the decentralized nature of Bitcoin as a unique feature which makes it stand out when compared to traditional tight-controlled fiat currencies. Emmer made the comments while speaking on the Pomp Podcast - a show hosted by Morgan Creek Digital co-founder Anthony
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
Following the US Government's disbursement of $1,200 stimulus cash to millions of Americans as economic aid in the fight against the COVID-19 virus, a number of people seem to have opted to buy Bitcoin (BTC) with the funds as indicated by recent statistics. Interestingly, those who bought
Bitcoin
Residents of a rural village in El Salvador who have remained unbanked, are now using Bitcoin to pay for essentials during these COVID-19 times. This is in line with one of the concepts of Bitcoin's creation which is to grant monetary freedom to all, and curtail the monarchy
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
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
Education & News
The Bank of International Settlements (BIS) has released a report in favour of central bank digital currencies (CBDCs) amid the coronavirus pandemic. The report published by researchers at the BIS, notes that COVID-19 is changing public's perception of cash; and that central banks should consider the development of
Blockchain
The World Health Organization (WHO) has announced partnership with major blockchain and tech companies - IBM, Oracle, Hacera, and Microsoft to launch a distributed ledger technology (DLT) platform for sharing data concerning the coronavirus pandemic. The new platform dubbed "MiPasa", is developed on the Hyperledger Fabric, and seeks
Education & News
Italian bank, Banca Sella announces the launch of an online Bitcoin trading service. Beta testing is set to take place over the coming days. Old Italian Bank Pushes for Bitcoin Trading services will be made available on the bank’s Hype platform, which will allow for users to send Bitcoin
Blockchain
Tether mints millions of dollars worth of USDT, pushing the total supplied over the past three months to $627 million. Approximately $180 million worth of USDT was minted over 48 hours. Tether Mints 60,000,000 USDT For the second day in a row 60,000,000 USDT has been
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
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