Blockchain
One of the brains behind Apple technologies has forged a new path in the blockchain industry with a new crypto venture which raised $950 million in 13 minutes. Steve Wozniak's Efforce was able to get its tokens listed and raise funds effortlessly in a matter of minutes. Apple
Bitcoin
The S&P Dow Jones Indices, a division of financial data provider S&P Global Inc, will become the latest major financial company to launch cryptocurrency indexes in 2021, as it takes a step into the digital asset industry. According to reports by Reuters, the index will include
Bitcoin
The Venezuelan Army has launched a cryptocurrency mining facility as it seeks ways to generate extra income in the wake of the country's falling economy. According to a recent post by General Lenin Herrera of the Engineering Brigade, the military has inaugurated a "Digital Assets Production Center
Bitcoin
David Schwartz, Chief Technology Officer of Ripple, tweeted that the group could force the burning of billions of native XRP tokens stored in escrow to avoid the price collapse that would probably arise if those billions of frozen tokens ever flooded the market. Community Calls for Billions of XRP to
Bitcoin
Bitcoin (BTC) set a new all-time high price this week, with the leading cryptocurrency surging past its previous high of $19,666 as recorded by BitStamp on December 16, 2017. This new milestone looks to crown a very remarkable year for Bitcoin after a huge crash to $3,800 following
Bitcoin
The Government of Ukraine through its Ministry of Digital Transformation has released a web series to educate its citizens about Bitcoin (BTC), blockchain, and cryptocurrencies in general. The series which launched last week under the Ukrainian government's "Diia.Digital Education program", consists of eight episodes averaging
Blockchain
The official launch of Ethereum Beacon Chain Genesis (ETH 2.0) will go ahead on December 1, 2020 at 12 UTC. This date was confirmed after it hit its deposit contract threshold of 524,288 Ether about nine hours before the deadline. At this time, it has amassed deposits from
Bitcoin
With $275 billion in assets under management, Guggenheim Partners is looking to gain exposure to Bitcoin. The firm filed an amendment with the SEC to gain investment exposure of 10% in Grayscale Bitcoin Trust. Investment Firm Bets on Bitcoin The investment firm could allocate over $500 million from Macro Opportunities
Bitcoin
Surprisingly, the launch of the digital Euro is anticipated to take place at a much later date than expected. Central bankers have agreed that even a proof of concept for a digital Euro is four or five years away. Digital Euro to Launch in 5 Years While central bank digital
Education & News
Two of the most powerful central banks in the Middle East (UAE and Dubai) released a report on a joint central bank digital currency (CBDC) project. The report concludes that the CBDC is technically viable for cross-border payments. CBDC Trail a Success Project Aber involved the establishment of a "
Bitcoin
With each new week, people in Nigeria find more reasons to use cryptocurrencies such as Bitcoin to make their lives easier in an economy which lacks the financial infrastructure necessary to operate in a 21st century world. Nigeria Pushed to Adopt Cryptocurrency It is no surprise that Nigeria is one
Education & News
Ripple Labs Inc. is selling 33% (4 million shares) of its stake in Moneygram, following a surge in the price of the global money transfer company. Ripple Cashes Out on Moneygram Shares On November 27, the share price of the company fell by 4.8% at $7.42 on the