Bitcoin
Worried by the COVID-19 and drops of oil prices, banks across Nigeria have chosen to reduce the amount of foreign currency their customers spend abroad. Central Bank Changes Exchange Rate Guaranty Trust Bank Plc is among the banks reducing the money spent by customers internationally. The bank lowered the maximum
Bitcoin
The Opera Android Browser (Opera Touch) is expanding its cryptocurrency buying feature to more 27 EU countries, as well as four other non EU nations - Australia, Mexico, New Zealand and Switzerland. According to Opera, through its partnership with payments firm Wyre, the new feature will allow users to buy
Education & News
The Bank of France (BDF) is officially launching a program of experiments to test the use of a central bank digital currency (CBDC) for inter-bank settlements. According to a document dated March 30, France's central bank is inviting applications from potential participants to experiment the feasibility of integrating
Bitcoin
Bitcoin is looking more like the global currency of the future as the USA injects $6 trillion into its economy with its stimulus package. As economists have noted time and time again, this is a recipe for the accelerated devaluation of the fiat currency. $6 Trillion or Bitcoin? To put
Education & News
Blockchain software technology company, Consensys is partnering with Hitachi solutions to sell ethereum-focused blockchain software technology product, PegaSys Plus. The sales operations will commence on April 1. Hitachi Will Sell Ethereum Product from April 1 PegaSys Plus is an Ethereum client built on Hyperledger Besu which provides additional enterprise features
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
Blockchain
KB Kookmin, the largest bank in South Korea is set to launch a cryptocurrency custody service which would involve assets such as Bitcoin (BTC) and Ethereum (ETH). This was confirmed according to a trademark application filed by the bank with the Korean Intellectual Property Office. The filing titled "KBDAC&
Bitcoin
The number of bitcoin wallets with at least 1 bitcoin has reached 788,755, according to Glassnode Studio.This could suggest that most bitcoin investors are either holding more of the cryptocurrency or that more investors are entering the market. Discounts for Owners of Bitcoin Wallets Experts suggest that the
Education & News
Santander and Ripple are launching a blockchain-powered payment service in Mexico which could increase the on-demand liquidity for the digital currency. Santander and Ripple Take on Mexico Santander, with $1.74 trillion in assets under management, is planning to launch its Ripple-powered application in Mexico. One Pay FX is set
Education & News
The Bank of China expressed disapproval of cryptocurrency trading activities through its official WeChat account. China Central Bank Cites Market Manipulation on We Chat In a post on WeChat, the bank makes mention of market manipulation, which it suggests exists in exchanges where leveraged trading causes them to “explode” According
Education & News
Ripple's lawsuit woes continue to present obstacles to the digital currency firm as its CEO gets accused of selling 67,000,000 XRP while promoting the asset. Sues for Selling XRP and False Statements The action is said to arise out of a scheme by the defendants to
Education & News
Microsoft reveals the details of its cryptocurrency patent called, “Cryptocurrency System Using Body Activity Data”. Microsoft will be creating a cryptocurrency that does not depend on ASICs miners. Microsoft Cryptocurrency Patent Reveals New Mining Convention The innovation has been applauded for its potential to save significant amounts of energy as