About Author:
1 Confirmation with Jeff and Dave
Osato is a Bitcoin enthusiast with a flair for writing. When he isn't providing unique perspectives on the current happenings in the industry, he can be found pouring over old books on history and philosophy or trying to beat his Scrabble high score.
Chinese state media are predicting further declines for gold and the precious market in general amid a possible parabolic advance for Bitcoin (BTC). Indeed, several market analyses show an increasing pivot away from traditional haven assets like gold towards BTC as investors look to capitalize on the top-ranked crypto by...
A record single-day Bitcoin (BTC) outflow from crypto exchanges is triggering renewed optimism for further parabolic price advance for the largest cryptocurrency by market capitalization. Bitcoin is currently up more than 150 percent year-to-date (YTD) and recently set a new all-time high (ATH) less than three years to the date...
Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery. Blockchain Tax Collection System Coming in 2021 According to the...
The Japanese city of Kaga wants greater involvement of its citizens in policy decisions and is thus eyeing the use of blockchain technology to enable more people to vote on pressing matters. Electronic voting is becoming a popular use case for the novel technology with proponents saying decentralized ledger technology...
The total number of Bitcoin ATMs increased by over a thousand worldwide as operators expanded their inventory mostly in the US. The news offers yet another indication of the growing appeal of the crypto industry around the world. US Bitcoin ATM Count Now Above 10,000 According to its latest Market...
Two years after distancing itself from including a crypto index service to its market indices basket, the S&P Dow Jones is now set to roll-out cryptocurrency indices starting from 2021. The news marks a further indication of the nascent industry making significant inroads into the established finance scene and could...
Pakistan is set to become the latest country to legalize crypto as the nation moves forward with its digitization agenda. The news marks a landmark decision for a country that like its neighbor India has a history of anti-cryptocurrency regulations. Pakistan Moving Towards Crypto Ban Reversal? Tweeting on Wednesday (Dec....
Decentralized video streaming outfit Theta (THETA) has announced the release of the beta version of the Edgecast platform. The company is also partnering with the World Poker Tour to allow its users to watch games from the competition on the Edgecast service. Theta Edgecast Moves into Beta In a press...
Ukraine’s parliament has completed preliminary work on the deliberations concerning the enactment of crypto regulations in the country. Despite significant cryptocurrency adoption among Ukrainians, the absence of virtual currency laws has somewhat stifled the industry. Ukraine Moving Towards Concrete Crypto Regulations A draft bill to introduce crypto regulations in Ukraine...
US PayPal users are gearing up to use Bitcoin as a funding source for online shopping which is the exact purpose for which the payments giants adopted cryptos in the first place. PayPal’s 2020 cryptocurrency foray is seen as one of the triggers for the current bullish streak that has...
Smart contract blockchain protocol Tezos (XTZ) is gearing for its next network upgrade designated “Edo” which will reportedly introduce robust security features to the network. The Edo update will also include a revamp of the project’s smart contract functionality with the introduction of token issuance capabilities. Edo Upgrade Follows Swiftly...
After crossing the 11.7 million block height milestone, Ethereum Classic (ETC) has undergone a hard fork to bring about the anticipated Thanos upgrade. The Ethereum fork has suffered numerous security issues with multiple 51% attacks and proponents are hoping the new Thanos upgrade will provide much-needed network fidelity while allowing...
Germany’s finance minister has called on stakeholders in the region to expedite action on plans for a central bank digital currency (CBDC). The EU is currently examining the case for a digital Euro even as China accelerates its digital yuan testing protocols. Huge Demand for Digital Currency According to Reuters,...
Coinbase CEO Brian Armstrong has raised an alarm concerning speculation about the US government proposing strict crypto wallet regulations. Friction occasioned by more broad-based know your customer (KYC) compliance has seen industry stakeholders accusing government agencies of encroaching on individual privacy rights. KYC on Non-custodial Crypto Wallets Tweeting on Thursday...
The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s...
