The free digital yuan currency awarded in the lottery can be spent only in 3389 stores that are set up to handle electronic payments.
The progress made with the Ethereum 2.0 testnet Zinkel, Medalla as well as others, gives a renewed hope of the migration of the network before the end of this year.
The year 2020 has been full of blockchain game launches that widened the horizon for gamers and crypto users alike.
The G7 countries noted that while private stablecoins offer an innovative approach to online transactions, they must be prohibited until proper regulations are in place after weighing all the possible risks and other security measures.
Covalent satisfies the need for useful and publicly available blockchain analytics software. Businesses that consider blockchain technology are on the rise, but they give up when faced with high costs, knowledge gaps, and a lack of human resources.
As the number of businesses that accept digital assets increases, the popularity and usage of cryptocurrency as a valid means of payment will also increase.
Its unique features give ZeroSwap an edge over the incumbents and boost its attractiveness to users.
Since billions of Bitcoin are usually moved around wallets daily, the $11 million wouldn’t really impact the market pretty much.
Larsen warned that the regulators’ heavy-handed approach with the crypto space can lead to the U.S. losing its financial dominance to its economic arch-rival China. He added that the current regulatory approach is discouraging FinTech companies to stay in the U.S.
The aim behind the initiative is to allow the citizens to spend the digital yuan. According to Liao Qun, chief economist at China Citic Bank International, the program will spur consumption in Luohu district. Besides, it will stimulate using CBDC in consumers’ everyday lives.
100x Group COO Vivien Khoo will serve as BitMEX interim CEO. Ben Radclyffe, BitMEX Commercial Director, will have more responsibilities for client relationship handling and oversight of financial products.
With the KPMG Climate Accounting Capability, organizations will be able to meet their sustainability goals by being able to analyze climate risks associated with asset valuations.
DeFi markets are seeing a sharp correction amid heavy profit-booking in the market. Over the last week, top DeFi tokens registered double-digit corrections. The positive indicator is DeFi users have multiplied by 3x over the last three months.
MOBI blockchain standard will enable a set of core network data services that will provide significant value to electric vehicle owners, charging infrastructure, and grid operators.
The Corion Foundation, the non-profit behind CorionX, a platform that looks to usher in the next wave of adoption for stablecoins, central bank digital currencies (CBDCs), and decentralized finance (DeFi), has now teamed up with the Syscoin Foundation to help address market interoperability issues and drive stablecoin adoption.