Cryptocurrency

Bitcoin Cash Shows Maturity in Its Fourth Anniversary

<div class=”featured_image_container”> </div> <strong>Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch, a project that aims …

Bitcoin Cash Shows Maturity in Its Fourth Anniversary Read More »

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland

<div class=”featured_image_container”> </div> <strong>Polish police have uncovered a secret crypto mining operation at their headquarters in Warsaw, local media reported. An IT specialist accused of minting digital coins on police computers has been dismissed and the case has been handed over to the Prosecutor’s Office. </strong> Polish Police Force Fires IT Specialist for Crypto Mining …

IT Specialist Caught Mining Cryptocurrency at Police Headquarters in Poland Read More »

Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar

<div class=”featured_image_container”> </div> <strong>Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic applications. </strong> US Fed’s Lael …

Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar Read More »

Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report

<div class=”featured_image_container”> </div> <strong>A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency, and …

Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report Read More »

Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology

<div class=”featured_image_container”> </div> <strong>Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives. </strong> Don’t Ignore the Positive Elements of …

Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology Read More »

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender

<div class=”featured_image_container”> </div> <strong>On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse” with U.S. regulators. Prince further said the New Jersey Bureau of Securities had extended the state’s previous order to September 2. Meanwhile, the company also has issues with Vermont’s …

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto Lender Read More »

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated

<div class=”featured_image_container”> </div> <strong>In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have been having issues cashing out the SHIB tokens and so far, only $20 million has been paid …

Relief Fund Has a Difficult Time Cashing Out the $1B Worth of SHIB Vitalik Buterin Donated Read More »

Iran Raises Alarm Over Potential Influx of Miners From China

<div class=”featured_image_container”> </div> <strong>With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible influx of miners and illegal imports of mining hardware from …

Iran Raises Alarm Over Potential Influx of Miners From China Read More »

Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows

<div class=”featured_image_container”> </div> <strong>The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency as payment while others are using the same to buy important supplies.</strong> …

Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows Read More »

Goldman Sachs Files Defi ETF Application

<div class=”featured_image_container”> </div> <strong>Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi assets with the help of a regulated …

Goldman Sachs Files Defi ETF Application Read More »