With international conflict and recession looming on the horizon, is Bitcoin a safe haven for your money? In the summer of 2019, the 10-year minus 3-month yield curve inverted for the first time in 13 years. During the time of the inversion, Bitcoin’s price hit all-time highs for the year. The previous inversion in 2006…
Read more
Circle’s CEO, Jeremy Allaire, projected that in the next two or three years the possibility of securitization of assets through tokenization will become more realistic. Jeremy Allaire, CEO of crypto payments firm Circle, projected that in the next two or three years the securitization of assets through tokenization will become much more realistic. Speaking at…
Read more
Binance has announced the launch of its Peer-to-Peer Merchant Program, a user-oriented fiat currency trading platform. Earlier today, Binance announced the launch of its Peer-to-Peer (P2P) Merchant Program, a user-oriented fiat currency trading platform. How the program works In the Jan. 21 press release, the crypto exchange cites increasing demand of global users and a…
Read more
The world of mainstream finance may fall behind without technological innovation, according to multiple experts’ comments at the Davos WEF. If mainstream finance does not adopt new technologies, such as those seen in blockchain and crypto, they will fall behind, according to a few experts’ comments at the World Economic Forum (WEF) in Davos Switzerland. …
Read more
The beer conglomerate behind the Budweiser brand is using blockchain to ensure local suppliers in Africa are able to report their income and open bank accounts. AB InBev, the company behind the Budweiser brand, is helping local African farmers to prove their income using blockchain, Yahoo Finance reports on Jan. 21. A blockchain-based system developed…
Read more
Six major central banks and the Bank for International Settlements jointly created a digital currency research group. The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital currencies (CBDC). According to a press release published…
Read more
The crypto world is worried about the rapid advancements in quantum computing. Are blockchain projects ready to face the quantum threat? Will Bitcoin have to update its infrastructure to become quantum resistant? While quantum computers are not a threat to Bitcoin at the moment, the oldest cryptocurrency might need an upgrade in the future. Bitcoin…
Read more
Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. Nicolas Maduro, president of Venezuela, announced on Friday the opening of a new crypto-run casino in a battered country where betting halls have all but gone extinct. A…
Read more
Over the course of 2019, China spent $3.6 billion on blockchain investment deals, which is nearly 41% less than in 2018. Chinese blockchain spending in areas of investment and financing deals has dropped over 40% in 2019, according to a new study by state-run sources. Over the course of 2019, China totally had 245 investment…
Read more
Indian Technology Minister Ravi Shankar Prasad has asked the National Informatics Centre to come up with blockchain solutions to improve government schools. The Indian Telecoms and IT Minister, Ravi Shankar Prasad, has tasked the National Informatics Centre (NIC) with developing a blockchain-based solution for improving the quality of government schools. According to a Jan. 20…
Read more
