People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch. In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang […]
Continue Reading
South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip. South Korean tech titan Samsung announced a standalone turnkey security solution that secures cryptocurrency transactions on smartphones and tablets, according to the press release issued earlier today. The solution consists of a Secure Element (SE) chip S3FV9RR and “enhanced” […]
Continue Reading
Transledger’s platform enables inter-blockchain communication allowing cross-chain transactions to speed up decentralized exchanges and give Bitcoin the features of smart contracts. Telos announced on May 26 that Transledger will use its blockchain technology to power an interoperability platform enabling cryptocurrencies to move between blockchains. The Transledger platform aims to bring improvements to peer-to-peer applications like […]
Continue Reading
The Bank of Lithuania has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. The Bank of Lithuania (BoL) has revealed ambitious long-term plans to develop its blockchain platform for use beyond the financial services sector. On May 26, the central bank’s blockchain-based sandbox, LBChain project, completed its […]
Continue Reading
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI clarified that there are no […]
Continue Reading
Tweets including Bitcoin are far ahead of altcoins, but there are major similarities between Twitter and market cap rankings. Bitcoin (BTC) the most mentions on Twitter may seem logical — but the reason behind it may be more calculated than many imagined. According to the latest data, Bitcoin’s popularity on Twitter by the number of […]
Continue Reading
Australian research university RMIT announced two postgraduate programs in cybersecurity and blockchain. RMIT University, an Australian public research university, is adding two new postgraduate programs in the field of cybersecurity and blockchain technology. The university announced May 26 that it was partnering with IBM, Palo Alto Networks, and Stone & Chalk to offer a graduate […]
Continue Reading
The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in […]
Continue Reading
The Louisiana BitLicense is closer than you might think. The state of Louisiana might soon pass a bill to offer licenses for crypto businesses to operate legally, according to a May 25 report. The bill was filed earlier this year with the goal of helping crypto businesses get official licensure and bring more crypto-related business […]
Continue Reading
The price of Bitcoin dropped to $8,800 over the weekend and data shows miners and retail investors led the correction. On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk […]
Continue Reading