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.
A member of South Korea's National Assembly has stated that the debts of the country's younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate. Younger South Koreans' Huge Debt Results From Crypto Investment According to the Korean Hearld on Thursday (June 7, 2021), Rep....
Visa-backed crypto debit and credit cards have facilitated over $1 billion worth of transactions within the first half of the year. Crypto cards have become a major part of the push towards achieving scalable retail adoption of virtual currencies. Billion Dollar Visa Crypto Card Transactions According to an announcement released...
China continues to scale up efforts to test its upcoming digital yuan, as six state-owned commercial banks have added the responsibility of promoting the Chinese central bank digital currency (CBDC) wallet on employee assessment. Employees to Get Users for Digital Yuan Wallet According to local news media on Tuesday (July...
Smart contract protocol Shiden has won the third round of the ongoing Kusama parachain auction, leaving two more slots out of the first phase of the five slot auction rounds. Shiden Wins Round 3 of the Kusama Parachain Slot Auctions The Shiden team announced the win via Twitter on Tuesday...
UK-based major cryptocurrency mining firm, Argo Blockchain, revealed that it is looking at a potential secondary listing on Nasdaq. Argo Explores Nasdaq Listing The company made the announcement via Twitter on Tuesday (July 6, 2021), while giving its operational and strategic update for June 2021. According to Argo Blockchain, the...
Crypto’s growing appeal among institutional investors is set to be reinforced further as London hedge fund behemoth Marshall Wace is looking to invest in cryptocurrency companies. From hedge funds to retirement funds, and even sovereign wealth funds, virtual currency is beginning to draw a stellar cast of backers from the...
An article published on the World Economic Forum (WEF) website by a company executive, stated the benefits of blockchain, saying that the emerging technology could be the solution to mitigating corruption in government services. Blockchain Application for Public Procurement and Land Registry Matthew Van Niekerk, the co-founder and CEO of...
Japan’s central bank digital currency plans will reportedly take shape by the end of 2022 as CBDC development across the globe gathers pace. With China leading the charge, other major economies seem to be working towards international collaboration to counter Beijing’s national digital currency ascendency. Japan’s CBDC Still an Experimental...
The U.S. State of Wyoming has legally recognized the American CryptoFed DAO as the first decentralized autonomous organization in the United States. First Legalized DAO in the US In a press release on Sunday (July 4, 2021), the American CryptoFed DAO announced that it received notice of legal recognition from...
U.S. payment platform Strike rike has launched a new product on its platform that would enable users in the United States to buy bitcoin at one of the cheapest rates, thereby challenging Coinbase’s expensive crypto trading fees. Buy Bitcoin With no Added Cost Jack Mallers, Founder and CEO of Strike,...
AZ Alkmaar is set to become the first club team in the Netherlands to pay its player salaries in Bitcoin. Sport and crypto continue to see increased intersection as virtual currency businesses try to leverage the former’s fanbase to grow their business interests. AZ Partners with Bitcoin Meester On Thursday...
Shunned by commercial banks, Indian crypto exchanges are dealing with major operational hurdles amid a lack of clear-cut regulations by the government. Peer-to-peer trading remains the order of the day and exchange operators say the risk of fraud in alternative trading rails remains high. Crypto Exchanges Out in the Cold...
Major social media platform, Twitter, becomes the latest to get into the non-fungible token (NFT) sector, with the microblogging site releasing "The 140 Collection." Twitter Giving Away Its 140 NFTs Tweeting on Wednesday (June 30, 2021), Twitter itself announced that it was giving out 140 NFTs to 140 people. The...
Professor of Finance at the New York University (NYU) Stern School of Business, Aswath Damodaran, has again criticized bitcoin, stating that the flagship cryptocurrency has failed miserably to function as a currency. Prof. Damodaran Says Bitcoin is Limited as a Currency Prof. Damodaran made the statement while appearing on episode...
New York Digital Investment Group (NYDIG) partnered with a fifth firm to make it easier for banks in America to offer Bitcoin trading services. Despite longstanding anti-crypto sentiments, financial institutions in the United States and across the globe are beginning to deal in cryptocurrencies. Bitcoin Trading Coming to 650 Banks...
