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2021

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Nft social network showtime raises $7‚8 million

INDUSTRY

Thursday, 6 May, 2021 at 06:07 GMT
Venture capital is flowing into non-fungible token (NFT) platforms at an unprecedented rate. The latest to secure a big chunk of funding is Showtime. ...
In–person kyc to be made mandatory for exchanges in thailand

INDUSTRY

Monday, 3 May, 2021 at 09:41 GMT
Financial regulators in Thailand are completing the paperwork to ensure that in-person KYC (Know Your Customer) are mandatory for crypto exchanges in the Asian country. This attempt is basically to tighten restrictions surrounding creating a new account at crypto-asset exchanges....
Ethereum 2‚0 how would the shift to pos impact eth miners

INDUSTRY

Sunday, 2 May, 2021 at 09:24 GMT
Ethereum 2‚0 – the long-awaited upgrade to the Ethereum blockchain has been on the cards for quite some time now. Since then, the community, including miners, has been debating over the implications of the change in the consensus mechanism.  ...
Jpmorgan‚ dbs group‚ temasek join forces for new blockchain platform

INDUSTRY

Friday, 30 April, 2021 at 12:26 GMT
JPMorgan, a leading American bank, has confirmed its partnership with DBS Group Holdings and Singapore-based investment company Temasek to establish a blockchain-enabled foreign exchange platform that can be used for settlement, trade, and payment for smooth cross-border...
Where can you use your cryptocurrencies as of 2021

INDUSTRY

Wednesday, 28 April, 2021 at 04:43 GMT
Cryptocurrencies are becoming increasingly popular. While you might have some issues paying for your meal with Bitcoin a few years back, now it is not such a problem. As it turns out, many restaurants are fine with adapting to the new trends and extending their payment options....
China’s ecommerce giant jdcom starts paying employee salaries in digital yuan

INDUSTRY

Tuesday, 27 April, 2021 at 04:18 GMT
Some of the top Chinese conglomerates have already joined hands with the People’s Bank of China (PBoC) in testing the country’s own CBDC, Digital Yuan. As per the latest CNBC report, Chinese e-commerce giant JD.com has already started paying certain employees in Digital Yuan...
Bitcoin dominance drops to 50% for the first time in 33 months

INDUSTRY

Monday, 26 April, 2021 at 05:24 GMT
According to data from Tradingview, Bitcoin’s market dominance dropped to 50% on April 22 marking the lowest point it has been for 33 months. At the time of writing, it has recovered marginally to 51.48%. A two-month consolidation period around the 62% level ended at the end of...
Bitcoin drops below $50k following new biden tax rise proposal

INDUSTRY

Friday, 23 April, 2021 at 07:23 GMT
The crypto market looks pretty bloody today with the most important coins suffering massive losses. Bitcoin dropped below $50k and at the moment of writing this article, BTC is trading in the red and the king coin is priced at $49,250.93. At the beginning of the week, it’s b...
China to focus on local use for the digital yuan

INDUSTRY

Monday, 19 April, 2021 at 11:01 GMT
China intends to use its central bank digital currency (CBDC) domestically rather than aim for global adoption. This is according to a former governor of the central bank, Zhou Xiaochuan. There are concerns, especially from the United States, that China will use the digital Yuan...
Btc massive rebound swings toward $60‚000

INDUSTRY

Monday, 19 April, 2021 at 05:20 GMT
Bitcoin weekend session massacre left the entire cryptocurrency market bleeding. The retreat from highs above $60,000 toward $50,000 also affected other cryptocurrencies, including Ethereum, Ripple, and Cardano. ...

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