Zimbabwe finance minister sees potential for lower ‘diaspora remittances’ via blockchain

Zimbabwe’s central bank frowns at digital currency and previously ordered all banks to stop processing transactions involving digital currencies, such as BTC and other altcoins in 2017. They termed it as “the currency of choice for money launderers and other criminals.” However, in 2020, there were media reports that the government-owned CBZ Bank signed a memorandum of understanding with Apollo FinTech to […]

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Wild Pack Beverage Company Says "Yes" to Crypto Payments

Wild Pack Beverage Inc. has become the latest company to begin accepting bitcoin and crypto payments for products and services. Wild Pack Brings the Crypto Payment World Closer to Reality This has become a growing trend as of late. No doubt, the cryptocurrency space is becoming much stronger and heading deeper into mainstream territory as more and more view the […]

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Jon Cunliffe Insists the Crypto Space Must Be Regulated

The Bank of England’s new deputy governor Jon Cunliffe is telling regulators to get to work quickly when it comes to the growing cryptocurrency space. Jon Cunliffe Says Regulation Is a Must Digital currencies were ultimately created to push credit cards, fiat, and checks to the side. Basically, anything that’s issued by a bank or traditional financial institution. The world […]

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Jack Dorsey’s Square plans to build an open-source Bitcoin mining system

American finserv Square will soon begin investigating technical requirements for building an open-source Bitcoin (BTC) mining system, according to CEO Jack Dorsey. Dorsey shared a series of tweets explaining his intent to follow a collaborative approach in further decentralizing Bitcoin mining. He said: “Square is considering building a Bitcoin mining system based on custom silicon and open source for individuals […]

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Chainlink Price Show Signs Of Massive Rally! LINK Price Eyeing ATH?

The global crypto market capitalization is now $2.42 trillion, up 0.81 percent from the previous day. The overall crypto market volume over the last 24 hours has increased by 7.64 percent to $118.42 billion. Bitcoin is trading at $61,413.59, Ethereum at $3,771.36, and Cardano Price at $2.15. Chainlink (LINK/USD) has staged a strong comeback over the last three days, rising […]

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Jack Dorsey: Square Could Build Bitcoin Mining System

CEO of financial services company Square Jack Dorsey could take another step further into expanding the Bitcoin ecosystem. Via his Twitter account, Dorsey announced that the company is currently “considering” the possibility of creating a BTC mining system. Related Reading | Square’s Cash App Reports $2.7B In Quarterly Bitcoin Revenue, A 200% Jump A known Bitcoin bull, Dorsey has been […]

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Verena Ross Becomes the New ESMA Chair

The European Securities and Markets Authority (ESMA) announced that it appointed Verena Ross as its new Chair on Friday. According to the press release, Ross was confirmed by the Council of the European Union in a meeting that took place today in Brussels, whose appointment for a five-year term will be effective on November 1. She will replace Steven Maijoor […]

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Australia to Impose ‘Harsher’ Penalties for Ransomware Gangs

The Australian government has introduced a set of rulings that seek to punish with stricter penalties for ransomware attackers. According to the Ransomware Action Plan issued by Australia, the measures come in response to the rising trend of such kinds of cyberattacks in the country, which had led to gangs profiting over $10 million yearly. In fact, officials noted that […]

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