30 Japan Firms to Collaborate on Private Digital Yen: Reuters

2020-11-19 11:58

A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.

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Bitcoin Mining Pool Stirs Controversy by Promoting Censoring BTC Transactions

Blockchain analyst firm, BlockSeer has launched a private mining pool, currently, in beta, that will censor certain Bitcoin transactions. Given that the Bitcoin community emphasizes censorship-resistance, an essential feature of cryptocurrency that makes it differentiating from the central bank digital currencies, it’s pretty obvious that the company would come under fire for its move.

2020-11-14 22:33


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Razor Network Raises $3.7 Million in Private Funding to Build “Truly Decentralized” Oracle Solution

Decentralized Oracle platform Razor Network has successfully raised a total of $3. 7 million in their seed and private sales round.   The funding rounds were led by prominent investors in the blockchain world, including NGC Ventures, Alameda Research, Borderless Capital, IOSG Ventures, Origin Capital, Bixin Ventures, Spark Digital Capital, BTC12 Capital, ZMT capital, Kosmos Ventures, OneRead MoreRead More.

2020-11-5 17:06


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Huawei Backs the Digital Yuan

The upcoming range of Huawei smartphones will have digital yuan wallets, the phone manufacturer has announced on Oct 30. Mate 40 Smartphones Have Digital Yuan Wallets Through its Weibo channel, the Shenzhen-based tech giant said the central bank-backed currency (CBDC) wallet on their Mate 40 series will be secure, private, and support offline transactions.

2020-11-1 00:00


Grayscale’s Record-Breaking Hat-trick, Q3 Inflows Rakes in Over $1 Billion in Investment

Q3 was the best quarter ever for Grayscale Investments, which serves institutional investors, family officers, and private investors. The largest digital asset manager took in more than $1 billion in new investment in its largest-ever quarterly inflows, marking it the third-straight quarter when the asset manager broke its own record for inflows.

2020-10-15 20:17


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Andreas Antonopoulos: Bitcoin May Never See Monero-Like Privacy

One of Bitcoin’s biggest proponents’ believers the pioneering digital currency would never be “truly private,” compared to the likes of Monero. Monero Supreme Talking on a YouTube live stream July 7, Andreas Antonopoulos said privacy features would soon come to Bitcoin, but they would never eclipse those found in privacy-centric tokens like Monero.

2020-7-9 13:07


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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance

On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More.

2020-6-22 14:07


US Fed Chair Jerome Powell Rules Out The Private Sector in Creation of a Digital Dollar

Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […]

2020-6-18 19:14


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“If you Can’t Fight it, Adopt it,” Visa Wins Patent for Digital Currency Protocol 

International payments processor Visa won a patent describing a digital currency protocol on May 14. The system works on a private blockchain and uses native tokens to facilitate transactions.   Good for Crypto? As Forbes reported, the Visa blockchain would feature native “digital dollars” and other central bank-issued fiat currencies.

2020-5-15 17:00