The National Bank of Egypt (NBE), Egypt’s largest and oldest bank, has inked a partnership deal with blockchain-based company Ripple, to utilize the latter’s digital payment solution, RippleNet, in order to facilitate cross-border transactions.  NBE Uses RippleNet for Cross-Border Payment Settlements  Ripple announced the partnership deal via a press release on Tuesday (May 18, 2021). According to the announcement, the […]

The world has a voracious appetite for content. The internet helps feed this appetite with new content that is created by the minute. It’s a simple dynamic, but it’s one that has been muddled for decades by advertising, paywalls, and even breaches of privacy. Content creators seek ways to profit from their service, like Facebook, or simply pay their electric […]

We’re pretty sure that’s the most asked question in the crypto area after “Should I buy Bitcoin?”.  For as long as time has been recorded, “old vs. new” was always in trend. There will always be those people loyal to the origins and those who want to try everything new. And even if crypto only turned 12, we can already […]

Following a tweet from Elon Musk highlighting Tesla’s suspension of bitcoin payment acceptance due to sky-high energy needs, the industry quickly responded by highlighting the capable solutions that already address this drawback. Musk’s Comments Conveniently Ignore Reality of Blockchain Innovation Ever the commentator on all things crypto, Elon Musk took to Twitter on May 13th to explain that Tesla would […]

After bitcoin prices took a hit following Tesla’s recent u-turn, Bitcoin’s mining difficulty jumped over 25 trillion, the highest the metric has seen during the protocol’s lifetime. The mining difficulty spike follows the recent 12% difficulty drop the network experienced two weeks ago. Bitcoin’s Mining Difficulty Jumps to 25 Trillion, Could Hit 30 Trillion in Two Weeks After some issues […]

NFT platform Cryptomeda today announced the successful closure of its strategic funding round. Cryptomeda Closes Strategic Funding Round According to an announcement made today, the Cryptomeda team has successfully closed its seed and a private round of its token sale. The funding round was led by AU21 Capital, x21, and Metrix Capital and also received support from several crypto industry […]

The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published by Donga, miners should be accountable for paying taxes by deducting the amount […]