China’s plans for a central bank digital currency have taken further steps forward, with the roll out of fresh real-world trials, according to reports. Dubbed the “digital yuan,” China’s central bank digital currency is already at an advanced stage of development, with several trial phases already completed in cities across the country. Now, authorities in China are preparing for a […]

A Bitcoin exchange traded fund for investment firm Accelerate Financial has been approved in Canada. This makes it the first officially approved Bitcoin ETF in North America after the Ontario Securities Commission gav the green light for the institutional product. The decision document was approved on Thursday, Feb. 11, and covers the following territories; British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, […]

Major Canadian universities have submitted new research to the Bank of Canada centered around the development of a central bank digital currency, or CBDC, underscoring the innovation underway in this space. The research began last year after the BoC engaged four institutions around potential designs for a national cryptocurrency. A total of three proposals were published simultaneously on Thursday. Notably, each […]

Bitcoin has been caught in one of the strong uptrends seen since its parabolic rally first began in late-2020 The cryptocurrency has been seeing tremendous growth as of late that has come about primarily as a result of multiple signs of mainstream adoption Examples of this include Tesla’s decision to add $1.5b worth of BTC to their balance sheets, as […]

Medical care is among the most innovative industries with constant research aimed at finding breakthrough cures and therapies for diseases that continue to ravage the human race. The research and developments are well documented with new advances continually being introduced in the health sector. Unfortunately, such documentation is fragmented with information often siloed across various data centres belonging to the […]

Bitcoin Press Release: DeFiChain and Litecoin Foundation strike agreement to offer Liquidity Mining for the popular cryptocurrency on the DeFiChain platform. DeFiChain users can earn up to two DFI per LTC block mined using the DeFiChain desktop application. 11th February 2021, Singapore: DeFiChain, the world’s leading blockchain on the Bitcoin network devoted to decentralised monetary applications, has today announced that […]

Digital currency firms in Nigeria will now face a challenge that’s common in many other developing nations—the lack of basic banking services. This is after the Central Bank of Nigeria issued a circular that restricts all banks from offering services to firms dealing with digital currencies. Nigeria has been one of Africa’s leading digital currency destinations. With a failing economy, […]

Bitcoin whales are moving the world’s largest cryptocurrency in large amounts as an anonymous crypto user moved 2,292 BTC from crypto exchange, Coinbase to an unknown wallet. The total value of the transaction stands at around $101.8 million. Whale Alert, a blockchain tracker and crypto analytics company, reported a large Bitcoin transaction today involving 2,292 BTC. The crypto whales are […]

Some of DeFi’s biggest players have joined forces to launch a new alliance geared towards furthering the education, research and best practices of the nascent industry.  The GoodFi alliance includes crypto projects Chainlink, Aave, Radix and mStable, as well as digital analytics company Messari. An alliance representative told Cointelegraph that GoodFi “enables companies operating in the DeFi space to collectively […]