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Shenzhen’s Digital Yuan Test Records Massive Success

The government of Shenzhen, China, has announced via a WeChat post that its digital yuan test exercise, which went live on January 7, this year, has recorded massive success, as residents have used the central bank digital currency in nearly 140,000 transactions during the testing operation, reports TheBlock on January 18, 2021. China’s CBDC GainingRead More дальше »

2021-1-20 00:00


Is Bitcoin walking a tightrope between scalability and centralization?

For Bitcoin, one of the biggest challenges it seems to face with regard to its vision of becoming a widely used currency is in terms of its issues surrounding scalability. While Bitcoin's proof of worThe post Is Bitcoin walking a tightrope between scalability and centralization? appeared first on AMBCrypto. дальше »

2020-4-12 20:00


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Why is Bitcoin Usability Still So Bad a Decade Later?

New technology takes time to filter down to the masses but even after ten years, bitcoin still remains largely user-unfriendly for most. There could be a number of reasons why. Over ten years after it was conceived, bitcoin is still primarily used as a vehicle for speculation rather than a decentralized peer-to-peer currency as was originally envisioned. дальше »

2020-1-28 22:00


Bitcoin Pumping on “Speculation of Capital Flight” as Heightened Activity Coming From the Hotbed of Crypto: Brian Kelly

Bitcoin is used to buying fake ID’s drugs and illicit sex. “I have never done that with Bitcoin,” is Brian Kelly’s response to Bitcoin skeptics. In a recent discussion on CNBC, Brian Kelly, founder & CEO of BKCM LLC, a digital currency investment firm says Bitcoin is finally “traded like a macro kind of asset.” […] дальше »

2019-8-9 20:01


Out of 200,000 Bitcoin Transactions, Only 2% Were Illicit, MIT’s AI Lab Affirms

Everybody in the crypto industry knows how some people have a pretty bad opinion of Bitcoin. Said to be the currency used by scammers and criminals, Bitcoin is often the target of severe criticism. Fortunately, a recent experiment made by the MIT-IBM Watson AI Lab has proved that only a small fraction of the Bitcoin […] дальше »

2019-8-3 00:56


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Binance Coin did great in Q2 despite $40M exchange hack – here’s what happened

Binance Coin (BNB) is one of the newest cryptocurrencies on the block. It comes from one of the world’s largest virtual currency exchanges of the same name, Binance.   The token launched in July 2017 as an ERC20 token based on the Ethereum blockchain, raising over $15 million in an initial coin offering (ICO). дальше »

2019-8-1 14:34


VanEck official points out Steve Mnuchin’s 180 on US Treasury’s report on fiat currency and frauds

The main argument used by many critics of cryptocurrencies is that digital assets are used for fraudulent and nefarious activities. This was recently cited by Steve Mnuchin, the United States’s Treasury Secretary, who said that Bitcoin and the rest of the cryptocurrency market would be subject to the same level of jurisdiction that fiat money […] The post VanEck official points out Steve Mnuchin’s 180 on US Treasury’s report on fiat currency and frauds appeared first on AMBCrypto. дальше »

2019-7-20 22:30