The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency. South Korea’s central bank, the Bank of Korea, has formed a legal advisory group to evaluate issues surrounding a potential central bank-issued digital currency (CBDC) launch. According to a press release the central […]
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Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph. Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph. Zain provides mobile voice and data services to over 49.5 million […]
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The co-founder of the Baseline Protocol believes that crypto is still 15–20 years away from finding significant mainstream adoption. ConsenSys developer and Baseline Protocol co-founder, John Wolpert, has predicted that we may still be decades away from seeing wholesale mainstream adoption of crypto assets and distributed ledger technologies. “My personal point of view is that […]
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Bearish moves for stocks appear in line with rumors of an incoming crash, with Bitcoin hitting its lowest levels in almost 3 weeks. Bitcoin (BTC) dropped below $9,000 on June 15 as a new week produced fresh selling pressure across macro assets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price tests $9,000 resilience Data from […]
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According to Ripple Head of Global Banking Marjan Delatinne, the company’s On-Demand Liquidity may soon be available in Brazil. Brazil could be the next area for crypto firm Ripple to reach with a cross-border payments corridor, which could lead to its use in other Latin American nations. In an interview posted to the ‘Future of […]
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After increasing more than 1600% between April 5 and May 20, Bitcoin transaction fees have now dropped to $0.56. The average transaction fees for Bitcoin have dropped under the $1 mark, and are back to levels not seen since before the rewards halving. According to data from crypto analytics website BitInfoCharts, from May 20 until […]
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The Compound community approved a proposal calling for the distribution of the COMP token to all users of the DeFi protocol. Compound’s governance token will be available for distribution to all users of the decentralized finance (DeFi) protocol beginning on June 15. According to a June 10 tweet from Compound, the lending platform responsible for […]
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350 Chinese companies surveyed still believe in the higher potential that blockchain technology could offer to their businesses. A survey of 350 Chinese companies revealed that Blockchan’s pre-COVID-19 corporate bullishness remains alive in the region. According to Xinhua, the study, called “Blockchain in the Post-epidemic Age,” showed that 70% of the companies surveyed before the […]
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Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC. Speaking to Cointelegraph, Glenn Woo, Ledger […]
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Open interest on Ethereum options contracts surged 315% to $158 million, but are investors using derivatives for bullish or bearish positions? Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction. Open interest is the main gauge for derivative contracts activity, and on Ether options […]
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