Bitcoin
MicroStrategy - a Nasdaq listed billion-dollar company has made its second bitcoin purchase, just weeks after first buying 21,000 BTC for $250 million. Announced by the company's CEO Michael Saylor, the business intelligence firm has bought an additional 16,796 bitcoins bringing the total value of its
Bitcoin
According to an official announcement, Kraken - a United States based cryptocurrency exchange has obtained SPDI approval to create America's first crypto bank set to serve clients from 49 states. Reports say Kraken received a unanimous vote by the Banking Board of Wyoming - a U.S. state
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The Central Bank of Bahamas could soon take the lead out of the growing number of crypto-friendly nations with its digital currency set to launch in October. Bahamas Central Bank Digital Currency Bahama’s central bank has named the digital currency “The Sand Dollar”. The Sand Dollar is backed 1:
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On Wednesday, Mastercard announced the launch of its “proprietary virtual testing environment” for central banks to test digital currencies. The platform promises to assist central banks in evaluating use cases of their central bank digital currencies (CBDC). Mastercard Develops Digital Currency Ecosystem Each central bank will be able to customize
Education & News
Chainalysis 2020 Cryptocurrency Adoption Index reveals that Ukraine, Russia, China, South Africa, Nigeria, and the U.S. are among the top countries for cryptocurrency adoption. Nigeria on Top Ten List for Cryptocurrency Adoption According to blockchain data analytics firm, Chainalysis, the breakdown represents one of the first attempts at a
Bitcoin
As the 2020/2021 English Premier league season kicks off this September, football lovers will be having a feel of the Bitcoin logo again courtesy of a new partnership between Southampton FC and cryptocurrency-based sports betting company Sportsbet.io. The one year deal will see Sportsbet.io become the main
Education & News
The chief central banker of Brazil, Roberto Campos Neto states that Brazil could be ready for a digital currency (CBDC) by 2022. According to Neto, Brazil will have an interoperable instant payments system. Chief Central Banker of Brazil on Digital Currency Launch CBDCs could be used to meet the demand
Bitcoin
Adult entertainment website Pornhub has added Bitcoin (BTC) and Litecoin (LTC) as payment methods for premium services on its platform. Announced in a tweet, Pornhub is expanding its cryptocurrency options to its over 130 million daily visitors who can now pay for subscriptions using Bitcoin and Litecoin. Speaking on the
Bitcoin
Announced on September 1, Singapore's Stock Exchange (SGX) is listing its first-ever cryptocurrency indices for Bitcoin (BTC) and Ethereum (ETH). The indices is courtesy of a partnership with CryptoCompare, a UK-based cryptocurrency benchmarking site, and will be listed under the SGX four-year old iEdge index suites - the
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Fiat currency has served societies for many years through different eras and economic cycles. From Nigeria to America, billions of people around the world put their trust in fiat money to live. In more recent times, however, Bitcoin has given a growing number of people around the world reasons to
Bitcoin
A new study by blockchain analytics firm - Chainalysis indicates that Venezuelans have become increasingly interested in Bitcoin and cryptocurrency as their country's economic crisis and hyperinflation rise. According to the Chainalysis 2020 Geography of Cryptocurrency Report, Venezuela now ranks third on the Global Crypto Adoption Index list
Bitcoin
YFI - Yearn.Finance governance token made headlines over the weekend surging from a price of $16,642 on Friday to $38,682 on Sunday (30/08/2020). The YFI token is the latest of DeFi (decentralized finance) tokens to hit a milestone price following the path of others such