Bitcoin
Data suggests that the activity of Bitcoin traders may be significantly affected by activities in the New York stock market. Figures indicate that the opening of the US stock markets has a relatively high effect on volatility for the apex cryptocurrency. New York Gives Bitcoin a Boost Analysts find that
Bitcoin
Research by Dune Analytics shows that almost $60 million worth of bitcoins was moved to Ethereum in the month of June. An Ethereum-based product, Wrapped Bitcoin, accounted for 75% of the growth after 4,800 BTC was moved to Ethereum. Bitcoin Moved to Ethereum In recent times, the appetite of
Bitcoin
Chief of Cryptocurrency at payments giant - Visa says central bank digital currency (CBDC) is one of the most vital trends for the future of money and payments. According to Cuy Sheffield, who heads the company's crypto project, he explained in a thread on Twitter that the decision
Africa
Senegalese-American rapper Akon is set to build a blockchain hub in Kenya, courtesy of a partnership with Netherlands-based firm Effect Ai. The project dubbed the "Kenyan Opportunity Hub", aims to promote blockchain and artificial intelligence for Kenyans, in a bid to offer more skills and work opportunities. According
Education & News
More layers are peeled from the onion of Hushpuppi and Woodberry’s criminal exploits as the FBI reveals that Woodbery (Olaken Jacob Ponle) defrauded two companies in the US and converted the proceeds of his crime to Bitcoin. The FBI may not be able to retrieve the amount stolen by
Education & News
World-renowned rapper and fashion guru, Kanye West used America’s independence day to declare that he would be running for US President in 2020. It remains to be seen whether or not he has filed any official paperwork to appear on ballots. Kanye West for President In a tweet on
Bitcoin
News has emerged that Nasdaq-listed "Kingold Jewelry" allegedly used counterfeit gold as collateral to obtain a 20 Billion Yuan ($2.8B) loan from a dozen Chinese financial institutions over the past five years. "The gold industry has been shaken after it was discovered that 83 tons of
Africa
Lebanon's monetary crisis has continued, with the latest fall in value of its national currency by over 50% in the last 10 days, to trade at 8,200 to the US dollar. Reports say the country's deepening economic crisis has seen the Lira (Lebanese pound) lose
Blockchain
A new report by Cointelegraph Consulting and Vechain reveals that $300 billion worth of food will be traced using blockchain and IoT technology by 2027. The recently released report highlights several factors that will contribute to the adoption of blockchain for global food supply chains in seven years. Goods Traced
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
Education & News
The author of “Why Buy Bitcoin”, Andrew Edstrom, recently stated that in 2030, Bitcoin will grant people the right to immigrate to any Bitcoin citadel. Edstrom explains that the world’s most valuable tech enterprises will depend on it to staff their teams. Bitcoin Author Speaks on Bitcoin Immigration According
Bitcoin
Lawyers under the Washington D.C. Bar Association (DCB) can accept cryptocurrency as payment for legal services, as disclosed by the District of Columbia Bar ethics opinion. Lawyers Accepting Cryptocurrency Payments Is Permissible According to reports, this makes the DCB the fourth bar association in the United States to endorse