Some of China’s largest state banks are actively promoting the digital yuan as a superior means of payment to the country’s two leading payment providers, Alipay and WeChat Pay. In an April 26 report, Reuters revealed that six of China’s largest banks are promoting China’s nascent central bank-issued digital currency, or CBDC, in Shanghai ahead of an online shopping festival on […]

Bitcoin price tested the $47,000 support zone before starting a recovery against the US Dollar. BTC is showing positive signs, but it might face hurdles near $53,500. Bitcoin is rising and it is trading nicely above the $50,000 pivot level. The price is now trading well above $51,000 and the 100 hourly simple moving average. There was a break above […]

In a recent interview with CNBC, former NYSE Group President Thomas Farley talked about the crypto space. Farley was the President of the NYSE Group (which owns the New York Stock Exchange), a wholly-owned subsidiary of Intercontinental Exchange (ICE), between November 2013 and May 2018. He made his comments about crypto while being interviewed last Thursday (April 22) by Andrew […]

One of South Korea’s largest gaming companies is getting into the digital currency industry. Gamevil, a publicly listed firm, has bought a stake in Coinone, South Korea’s third largest digital currency exchange. The investment comes just months after Gamevil’s rival Nexon was reported to be eyeing a stake in Bithumb, Korea’s second largest exchange. Gamevil has acquired a 13% stake […]

On April 21st, IOTA Co-founder Dominik Schiener said the platform was about to enter a new era. Chrysalis 2.0 is set to be deployed next week with a complete overhaul of this network. Firefly, the token’s new native wallet, is a key component and will operate as a bridge from IOTA 1.0 to the 1.5 update. IOTA (MIOTA, Mi) holders […]

The parties in Kleiman v Wright have filed a joint motion requesting to re-set the trial date, originally scheduled for June, to November 1, 2021. The request is due to a confluence of factors. Uncertainty around international travel rules puts Wright at risk of not being able to attend the trial in person in the foreseeable future, counsel for both […]

To store our data, we rely on large and centralized data centres located in specific regions around the world. However, we do not take into consideration the lack of privacy we have and how our information is managed by just a few data centres and just some companies.  This is why some projects are working on decentralized file storage systems […]

Most of the cryptocurrencies in the market are now recovering after the 20% correction experienced a few days ago. Dogecoin (DOGE), XRP and Cardano (ADA) are the leading virtual currencies right now in terms of gains in the last 24 hours.  Digital Currencies Recover It might be time for recovery after a price drop of around 20% in the last […]