About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Russia’s central bank, the Bank of Russia, is looking to develop a digital mortgage on Masterchain, a government-backed blockchain project. Leveraging Blockchain for Mortgage Issuance According to a report by a local news outlet, Ria, on Thursday (May 28, 2020), Olga Skoronogatova, Bank of Russia’s First Deputy Governor, revealed the...
Institutional buyers are increasing their exposure to Bitcoin (BTC) via Grayscale Investments suite of crypto trusts. Grayscale Investors’ Bitcoin Appetite Unsated According to data shared by crypto researcher Kevin Rooke via Twitter on Thursday (May 28, 2020), the firm’s bitcoin investment trust bought 18,910 BTC, although only 12,337 bitcoins were...
Libra digital wallet and Facebook subsidiary Calibra has been rebranded to Novi. Although now known by a new name, the digital wallet still maintains its goal of making financial services accessible to more people globally. From Calibra to Novi The news of the rebranding was made by social media giant...
A recent report by DevQuarterly revealed that the Ethereum blockchain network is a favorite for about 62.05 percent of Blockchain developer agencies. The report also stated that micro and small dev agencies dominate the blockchain developer landscape. Ethereum Holds the Lion Share of Blockchain Dev Activity According to a quarterly...
China's blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country's government in leveraging the emerging technology across several economic sectors. National Blockchain Development Fund Under Consideration According to...
The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country. Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet...
The Administrative Council for Economic Defense (CADE), Brazil’s antitrust watchdog, elected to revisit the probing of some banks who closed the bank accounts belonging to local crypto exchanges. Antitrust Agency Probes Banks' Closure of Crypto Exchange Accounts According to a report by Finance Magnate on Thursday (May 21, 2020) the...
The South Korea central bank, the Bank of Korea (BoK) recently released a paper detailing its research into the adoption and advancement of central bank digital currency (CBDC) across different central banks globally. Central Banks Adopt DLT for CBDC Projects In a report by the Bank of Korea published on...
Square’s Cash App recently added a new feature that will enable automatic recurring Bitcoin purchases on its platform. Also, users can now change their display to satoshi on the Cash App platform. Stacking Sats Frequently on Cash App The CEO of Twitter and payments platform Square, Jack Dorsey, announced the...
The Bitcoin-pegged ERC-20 token, tBTC, has temporarily shuttered operations two days after the token was launched on the Ethereum mainnet. tBTC Shuts Down After Two Days In a Twitter thread by Matt Lunogo, on Monday, May 18, 2020, the project head of tBTC, stated that the tBTC project was shut...
IOTA co-founder Serguei Popov has published the May monthly update for the project detailing the current state of protocol-upgrade activities including ongoing work on Coordicide and GoShimmer. Coordicide and GoShimmer Updates In a blog post published on Medium on Thursday, May 14, 2020, the blockchain non-profit organization gave an update...
Amid growing concerns of China pulling away in the emerging digital economy, South Korea’s government is set to invest $400 million in blockchain research and development (R&D) as the country looks to revamp its digital technology sector. Blockchain R&D Fund to Be Utilized Over Five Years According to ZDNet Korea,...
Agri10x, an agricultural blockchain-based startup, has inked a partnership deal with the Indian government to help local farmers gain seamless interaction with the global market through the use of blockchain technology. Agri10x Offers Blockchain Support for Farmers The news of the partnership was reported by Business Standard on Tuesday, May...
Major crypto exchange Bitfinex, while experiencing a sharp plunge in BTC balance since mid-March, is now holding more ETH than the total value locked (TVL) in the decentralized finance (DeFi) market. Bitfinex Ethereum Balance Crosses 4 Million Tweeting on Tuesday, May 12, 2020, Elias Samos, Senior Research Analyst for digital...
IOTA co-founder David Sønstebø recently appeared in the Crypto101 podcast with host Brice Paul to discuss IOTA’s plan to develop a machine economy, the role of distributed ledger technology (DLT) in the future, and data as the new oil. Data Economy is the Future In a recent Crypto 101 Podcast...
