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China passes law protecting cryptocurrency inheritance

INDUSTRY

Saturday, 30 May, 2020 at 14:43 GMT
The third session of the 13th National People's Congress (NPC), China's top legislature, voted on and passed the "Civil Code of the People's Republic of China" on Thursday. In addition to general and supplementary provisions, the civil code "includes six parts on real rights,...
Ethereum has more bitcoin than lightning network

INDUSTRY

Thursday, 28 May, 2020 at 11:58 GMT
According to the report, tokenized Bitcoin (BTC) amount had multiplied by fourfold, from about 1,000 BTC to near 4,000. So, now the Ethereum (ETH) blockchain has significantly more BTC than the Lightning Network. Incidentally, Lightning Network, with its promotion as Bitcoin’s...
Bitwage has unveiled the worlds first bitcoin 401k plan

INDUSTRY

Wednesday, 27 May, 2020 at 18:20 GMT
Announcing the product through a blog post, Bitwage’s CEO Jonathan Chester revealed that his company has been testing the product for 10 months now. Companies that use the product will allow their employees to invest both traditional and Roth 401(k) plans into Bitcoin. ...
Gibraltars crypto regulations most successful

INDUSTRY

Tuesday, 26 May, 2020 at 12:44 GMT
One of the smallest countries in Europe, Gibraltar, was an integral part of the British Empire for a long time. When we first look at the map and territory of Gibraltar, there is nothing to expect from this state, considering the fact it is very small. However, in recent years...
Crypto visa card to launch for uk and europe

INDUSTRY

Tuesday, 26 May, 2020 at 11:40 GMT
Decentralised finance (DeFi) platform, Eidoo, has announced the launch of a Visa-enabled crypto debit card that the company says will bring crypto payments to millions of users in the UK and Europe. ...
Swiss government supports blockchain startups

INDUSTRY

Tuesday, 26 May, 2020 at 08:42 GMT
According to local media outlet Tages-Anzeiger, the request to help support blockchain-based companies in the Swiss' "Crypto Valley" CHF 100 million francs was denied by the government. Heinz Taennler, Zug's financial director, requested financial support for cryptocurrency...
The us economic uncertainty and bitcoins returns

INDUSTRY

Thursday, 21 May, 2020 at 14:42 GMT
Thanks to COVID-19, the world and the economy is on the brink of collapse. There is a lot of uncertainty and volatility going on throughout the world right now and in America, printing money seems to be the solution. Of course, many people know that this is but temporary and is...
What does bitcoins latest halving mean for american miners

INDUSTRY

Tuesday, 19 May, 2020 at 15:20 GMT
Following the 'reducing supply increasing demand appreciates value' narrative, Bitcoin has erased all major losses post the utterly black, Black Thursday crash to trend around the psychological $10,000 price level. But mining activity statistics show a very different picture....
Binance buying coinmarketcap

INDUSTRY

Monday, 18 May, 2020 at 08:21 GMT
In the aftermath of Binance buying CoinMarketCap for an undisclosed sum (rumored to be in the hundreds of millions of dollars) questions have been raised as to potential conflicts of interest. As the premier data aggregator in the crypto space, providing comprehensive info on all...
Visa applies for patent to launch a digital fiat currency

INDUSTRY

Friday, 15 May, 2020 at 08:06 GMT
Global payments giant Visa has applied for a patent from the U.S. Patent and Trademark Office (USPTO) that will see a centralized party create and distribute a digital fiat currency based on a blockchain. ...

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