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China and Hong Kong Prepare for Cross-border Digital Yuan Testing
China’s central bank and the Hong Kong Monetary Authority (HKMA) are gearing up to conduct a pilot test of the e-yuan central bank digital currency (CBDC) system. The move further broadens the scope of the digital currency electronic payment (DCEP) with plans to introduce the currency in Macau as well. дальше »
2020-12-7 18:00 | |
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Standard Chartered chief says Cryptocurrency usage is “Absolutely Certain”
As the international payment system evolves, more companies and institutions in the mainstream are gradually warming up to digital currency adoption. In the latest development, the Chief Executive Officer of British-based Standard Chartered Bill Winters has hinted that it’s imminent the bank will roll out its digital currency. дальше »
2020-12-8 17:13 | |
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Introducing SINOVATE: The Future of Decentralized Cloud Storage
PRESS RELEASE. Decentralized cloud data storage platform SINOVATE is developing its own in-house blockchain technology known as Deterministic Infinity Nodes (DIN). The potentially groundbreaking new tech works in unison with Incorruptible Data Storage (IDS) to create a new consensus system with security levels never seen before. дальше »
2020-12-7 09:00 | |
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Cardano Set To Launch A Hard Fork In December For Next Blockbuster Upgrade
Cardano is known for its elegant system design that introduces innovative upgrades every other time. The project was designed with a plan for 5 main development phases. The first and second upgrades have already been implemented, with the most recent being the Shelley upgrade. дальше »
2020-12-6 21:05 | |
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Facebook’s Diem stablecoin is an existential threat to traditional banking
Stablecoins are an integral part of the future of the financial system. And Facebook’s Diem, formerly Libra, is part of that future. дальше »
2020-12-6 20:17 | |
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Exploring ShapeShift’s “Project” Rainfall: HODL FOX, Get Free USDC
ShapeShift recently released a nifty new feature called Rainfall, which rewards ShapeShift users simply for using the platform. Here’s how Rainfall works: The entire system is based on holding FOX… The post Exploring ShapeShift’s “Project” Rainfall: HODL FOX, Get Free USDC appeared first on CoinCentral. дальше »
2020-12-5 21:58 | |
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Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. дальше »
2020-12-5 19:45 | |
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Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U. S. financial system looks even worse. дальше »
2020-12-4 02:45 | |
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Cartesi Gears Up for Sidechain Launch by Unveiling Staking Campaign
Cartesi, the smart contract network that lets developers code in Linux rather than Solidity, is marking the launch of its new Noether sidechain by rolling out a PoS staking system. In preparation for CTSI reserve mining, token-holders can lock their assets into the staking contract to secure Noether, a data availability oracle for temporary storage […] дальше »
2020-12-3 01:53 | |
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Visa Comes Full Circle With USDC Stablecoin Integration
Coming Full Circle While volatility in crypto has kept some payment companies at bay, Visa has plunged in to connect Visa’s payment system with USD Coin (USDC). USDC was developed by Circle, a company that specializes in digital payments. дальше »
2020-12-3 19:41 | |
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First Phase: Beacon Chain Launched As Etherum 2.0 Goes Live
At exactly 12:000 pm UTC yesterday, the Beacon Chain was launched, ushering in phase 0 of Ethereum 2. 0. The launch introduces a new Ethereum system whereby the mode of operations is switched from the current proof-of-work to a proof-of-stake system. дальше »
2020-12-2 09:38 | |
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Komodo expands multi-chain interoperability thru integration with Bidao
Komodo, an open-source blockchain ecosystem exploring multi-chain architecture and atomic swap technology since 2014, announced today its strategic partnership with Bidao, a decentralized finance and stablecoin system. дальше »
2020-12-2 06:54 | |
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Coinbase Prepares for Ethereum 2.0 Launch
Cryptocurrency exchange giant Coinbase is already planning for the launch of Ethereum 2. 0. Also known as ETH2, the new system for the world’s second biggest cryptocurrency will see its genesis block mined on Dec 1, 2020. дальше »
2020-12-1 10:13 | |
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Biden should integrate Bitcoin into US financial system, says Niall Ferguson
The economic historian said that President-elect Biden’s administration should consider Bitcoin as an alternative to a “Chinese-style digital dollar.” дальше »
2020-12-1 22:34 | |
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Cartesi Announces Bootstrapping of Noether Sidechain Network
Cartesi (CTSI), the project enabling smart contracts to run on a Linux environment, is launching the PoS system that will power the data availability side-chain (Noether) on mainnet. Noether will be a highly optimized data availability oracle for temporary storage and a key element of Cartesi’s scalability stack. дальше »
2020-11-30 20:18 | |
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Saudi Arabia and UAE central banks to launch CBDC Aber
Recently, the Central Bank of the UAE partnered with Saudi Central Bank (SAMA) issued a report which explains all the benefits of using a distributed payment system and combining it with a centralized payment structure. дальше »
2020-11-30 14:02 | |
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Flyp.me, a unique proposal for privacy
Bitcoin was born more than 10 years ago. And one of the main ones I wanted to introduce in the financial system is the privacy and anonymity of the users. As there are not enough services to live entirely with Bitcoin, the exchanges emerged. дальше »
2020-12-1 20:41 | |
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ECB says 'big tech and stablecoins' a risk to the European Financial System
Big tech and stablecoins could disrupt the European financial system, says ECB Executive Board Member, Fabio Panetta. In a speech at the “Future of Payments in Europe” conference, Panetta stateThe post ECB says 'big tech and stablecoins' a risk to the European Financial System appeared first on AMBCrypto. дальше »
2020-11-27 19:30 | |
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Bitcoin Eyes $20K Because “Excess Dollar Liquidity” is Still in System
The cryptocurrency was among the biggest beneficiaries after the Federal Reserve flooded global markets with excessive greenback liquidity through a flurry of emergency facilities to curb the coronavirus pandemic's economic impact. дальше »
2020-11-27 08:00 | |
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Libra Association appoints former OCC prosecutor as general counsel
The Libra Association, the body that manages Facebook’s Libra stablecoin project has hired Saumya Bhavsar, an ex-OCC prosecutor and central bank expert. The organization unveiled this news via an official announcement on November 25, noting that Bhavsar will take on the role of general counsel of Libra Networks, a subsidiary of the Libra Association, which operates the blockchain-based Libra payment system. дальше »
2020-11-27 18:05 | |
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Australia and Singapore Pursuing Blockchain Adoption for Bilateral Trade
Blockchain adoption is on the agenda in formulating bilateral trade agreements between Australia and Singapore as both countries test a paperless trade system for verifying exchange trade documentation. дальше »
2020-11-26 00:00 | |
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Facebook’s Libra hires former OCC prosecutor and central bank expert
The Libra Association has made a key hire in its pursuit of a new cryptocurrency and payments system.
дальше »2020-11-26 21:22 | |
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Video: “The Fiat Standard” With Saifedean Ammous
Author of fan favorite “The Bitcoin Standard” Saifedean Ammous discusses his new book “The Fiat Standard” and issues in the legacy system. The post Video: “The Fiat Standard” With Saifedean Ammous appeared first on Bitcoin Magazine. дальше »
2020-11-26 20:14 | |
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Why Greater Crypto Regulation Is the Key to Greater Adoption
In a little over ten years, the crypto industry has grown from nothing into a billion-dollar industry, with Bitcoin finishing the 2010s as the decade’s best-performing asset. A lot has changed since anonymous developer Satoshi Nakamoto published an esoteric whitepaper about a “peer-to-peer electronic cash system. дальше »
2020-11-25 16:59 | |
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Lolli to Introduce Bitcoin to Hundreds of Thousands of New Users via Online Shopping
As of November 24th, 2020, it’s been confirmed by Forbes that Lolli’s consumer-base is in for a treat as the online rewards platform has created a system where customers get a percentage of their online purchases. дальше »
2020-11-25 07:00 | |
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Minespider, Google, LuNa Smelter Launch Blockchain-Based Tin Traceability Solution
LuNa Smelter, Google, and Minespider have joined forces to develop a distributed ledger technology (DLT) based tin traceability system. Dubbed OreSource, the team claims the solution will make it easier for smelters, importers, and miners to track the entire production process of the solid mineral, while also ensuring that the miners work in total complianceRead MoreRead More. дальше »
2020-11-25 02:00 | |
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Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. дальше »
2020-11-25 17:20 | |
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OmiseGo (OMG) Price Prediction 2020 | 2025 | 2030 – Future Forecast For OMG Price
OmiseGo Intro OmiseGo is an Ethereum-based platform that strives to decentralize payment networks and create an open, public financial system. Its goal is to provide the solution to the fundamental coordination problem among payment processors, financial institutions, and gateways. дальше »
2020-11-24 02:42 | |
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SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value
The chairman of the U. S. Securities and Exchange Commission (SEC) has explained how the U. S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. дальше »
2020-11-24 23:15 | |
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CipherTrace Files Patent for Monero (XMR) Transaction Tracking System
CipherTrace has filed two patent applications for its Monero transaction tracking system. The firm claims the solution is designed to bring more transparency to Monero and make it harder for bad actors to use the privacy-centric altcoin for their illicit deals, according to a blog post on November 20, 2020. дальше »
2020-11-23 18:00 | |
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Luxury Watchmakers Announce Blockchain-Based Projects
High-end watch brands Hublot and Franck Muller announced separate projects incorporating different aspects of blockchain technology. Hublot ‘s e-Warranty is a blockchain-based tracking and verification system built on the Aura blockchain. дальше »
2020-11-22 18:28 | |
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SEC Chairman: Bitcoin Will Be Subject To ‘More Regulation’ As It Matures Into A Payment System
SEC Chairman Jay Clayton reiterated in his recent interview with CNBC that Bitcoin is not a security. However, more regulation could still be on the way from other government agencies, he added. According to him, the leading digital asset resembles a store of value and a payment method. дальше »
2020-11-21 21:26 | |
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Mystic Valley Partners with Payments Startup Fuse.io to Mint Crypto Token for First Cashless Event
TEL AVIV, Israel, November 19, 2020 — One of Thailand’s leading music festivals is preparing for its upcoming three-day event by implementing a blockchain-based cashless payment system for the first time. дальше »
2020-11-20 19:20 | |
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Japan-Based, Liquid Exchange User Data Breach Exposes Issues With Know Your Customer (KYC)
A letter sent out to Japan-based, Liquid exchange users from the CEO, Mike Kayamori, states the exchange experienced a data breach and security inconsistencies on Friday, November 13, 2020. According to the statement, GoDaddy, a popular domain name system (DNS) manager, “incorrectly transferred control of the account and domain to a malicious actor. дальше »
2020-11-19 18:27 | |
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Digital Currencies Could Mitigate, If Not Eliminate, Negative Interest Rates: BoE Chief Economist
The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system. дальше »
2020-11-19 17:34 | |
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OKEx announces the resumption of withdrawal services on its platform
Crypto trading platform OKEx has revealed that it will resume withdrawal services on or before November 27. The exchange unveiled this news via an official announcement on November 19, noting that before resuming withdrawals, its team will conduct strict security checks to allow normal operations in its hot wallet system. дальше »
2020-11-20 17:29 | |
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How Businesses Can Work with Cryptocurrencies Using a Single System like CoinsPaid
What value will accepting cryptocurrencies bring to businesses? Will it be safe for companies to deal with cryptocurrencies, and if yes, which is the right crypto payment gateway to use? To get answers to these questions, an organization that can facilitate smooth cryptocurrency operations at a reduced cost globally is the solution. дальше »
2020-11-19 07:07 | |
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An IOTA-Powered Smart Water Meter For Irrigation Is Being Tested in Germany
Landesbetrieb Landwirtschaft Hessen (LLH) is developing and testing a new water meter testing system in the Federal State of Hessen, Germany. Project IOTAqua uses the Tangle to measure the exact amount of water dispensed during an irrigation cycle. дальше »
2020-11-19 22:00 | |
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Hedera Hashgraph Gets Adopted by Top Disaster Prevention Platform
Hala Systems has integrated Hedera Hashgraph’s distributed ledger technology (DLT) into its conflicts and natural disasters early warning system dubbed ‘Sentry. ’ The team expects Hedera’s DLT solution to further boost the immutability and authenticity of data in its systems, according to reports on November 18, 2020. дальше »
2020-11-19 20:00 | |
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Waves Enterprise rolls out blockchain voting for corporate clients
Waves Enterprise, a subsidiary of the crypto project Waves, recently announced the release of its blockchain voting system to the public. However, the company is primarily targeting corporate clients, offering them a secure way to conduct the voting process. дальше »
2020-11-19 16:17 | |
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Bitcoin Responds To American Vote Of No Confidence In Electoral Politics
“As a contested election deepens a crisis of legitimacy, Bitcoin presents an alternative to the existing system of governance.” The post Bitcoin Responds To American Vote Of No Confidence In Electoral Politics appeared first on Bitcoin Magazine. дальше »
2020-11-18 22:33 | |
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