Archived Posts

Digital yuan, China’s central bank digital currency, also referred to as digital currency electronic payment (DCEP) venture, will be unveiled for trial at Hong Kong’s Greater Bay Area in the weeks ahead. The Greater Bay Area (GBA) is a mega city encompassing nine cities including Shenzhen, Guangzhou, along with Hong Kong, and Macau. A top   Read more...

Latest data provided by Etherscan and glassnode indicates that Ethereum’s hashrate has reached a 20-month high and this has encourages some bullish traders to forecast continuation of rally in Ether. The sharp rise in Ethereum’s hash rate, which was hovering around 201,000,000 GH/s at the time of writing this article, seems to have been sparked   Read more...

According to a research report published by digital asset management firm CoinShares, Bitcoin behaves similar to a tech startup stock rather than digital gold, with investors realizing huge rewards in case everything goes right but loses almost everything in case the cryptocurrency fails. The report titled “A Little Bitcoin Goes a Long Way” argues that   Read more...

MicroStratey (Nasdaq: MSTR), the largest listed business intelligence firm, has officially adopted Bitcoin (BTC) as its main reserve asset. In a media release issued yesterday, MicroStrategy affirmed that it had bought 21,454 BTC for $250 million. Michael Saylor, CEO of MicroStrategy, has explained the decision to hold Bitcoin (BTC): “This investment reflects our belief that   Read more...

Nitin Gaur, director of IBM financial services and digital assets, explained how the tech firm is assisting financial institutions to leverage on DeFi popularity. Gaur, who is the author of book titled ‘Blockchain for Business,’ states that it is necessary for banks to comprehend and adopt DeFi. If not, he states that it could ultimately   Read more...

Bitcoin (BTC) continues to garner crypto market and mainstream media’s attention, with its price surging to around $12,000. However, before Bitcoin started trending upward, altcoins were eclipsing BTC in performance for several weeks. In this regard, two of the prominent gainers were Band Protocol (BAND) and Chainlink (LINK) as both of them skyrocketed by 348%   Read more...

Mining activity data of Bitcoin (BTC) is not reflecting the recent price surge from roughly $9,000 in the first-week of July to nearly $12,000 at the time of writing this article. As per Coinmetrics data, hashrate rose roughly on July 7 and has stood mostly unchanged despite volatility towards lower side. The hashrate reflects the   Read more...

IOTA network is getting ready to roll out the initial phase of Chrysalis, also referred to as IOTA 1.50, on its mainnet in a week. As per a tweet published by IOTA Foundation, the overhaul will permit the network to handle 1,000 transactions per second while confirming transactions within 10 seconds. In June, the foundation   Read more...

KEB Hana Bank, a leading commercial bank in South Korea, has entered into a deal with the Korea Expressway Corporation, a government aided highway firm, to introduce blockchain powered toll payment platform throughout the country’s highways. As per D Daily, the venture is anticipated to roll out before the end of 2020. The platform will   Read more...