Blockchain is an amazing technology, but there are pros and cons to its mass adoption. Let’s have a look at both perspectives. Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will […]
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The CBR’s first deputy governor has said that blockchain has found application in letters of credit and guarantees, but has not yet become a “universal solution.” The Central Bank of Russia’s (CBR) first deputy governor has said that blockchain technology is not the “universal solution,” many promised it would be five years ago. In an […]
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As Venezuelan hospitals face widespread shortages, President Maduro is by airdropping Petro tokens to doctors. Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff amid the coronavirus pandemic by airdropping one Petro to each doctor. The ‘Doctors of the Homeland’ initiative will see each […]
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The Spanish tax office is warning tens of thousands of crypto traders to honor their tax obligations. The Spanish tax authority has begun sending out warning notices to 66,000 cryptocurrency holders to remind them of their tax obligations. According to Europa Press, the Agencia Estatal de Administración Tributaria (AEAT) began the campaign on April 1, and […]
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IOTA competitor Nodle Network, which has five million active nodes, is moving from Stellar to its own blockchain. Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet. Nodle is a decentralized network provider that specializes in detecting […]
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The Rich Dad, Poor Dad author has called Bitcoin the “people’s money” while Sylvain Saurel says Gen Z will see Bitcoin as “normal”. Since the start of the coronavirus pandemic, assets, bonds, stocks, and fiat currencies across the world have dropped substantially in value. But as the crisis deepens, people from different generations are starting […]
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Craig Wright claims he doesn’t want groups like WikiLeaks to accept Bitcoin, but his own internet posts from 2011 suggest otherwise. In his latest blog post, Craig Wright claimed that he (as Satoshi Nakamoto) never wanted WikiLeaks to use Bitcoin. On March 31st he wrote: “I’m not the anarchist they want, nor have I ever […]
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More than 35,000 ‘blockchain’ companies are operating in China, but there are doubts that many of them even use blockchain technology. More than 35,000 blockchain companies are operating in mainland China — but it’s believed that many of them do not even use blockchain technology. In the first quarter of 2020, as COVID-19 shut down […]
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Binance Research has found a correlation between Bitcoin and US equity indexes in the first quarter — but predicts it won’t last for long. In a new report Binance Research found a ‘moderate’ positive correlation between Bitcoin and US equities during the first quarter of 2020 — but neither was correlated to gold. Bitcoin was […]
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The crypto trading app of Germany’s second-largest stock exchange has reached 100,000 users in 14 months of operation. The cryptocurrency trading app of Germany’s second-largest stock exchange, Boerse Stuttgart, exceeded 100,000 users on March 30 amid increasingly permissive regulations in the country. The Bison app, which launched on Jan. 31st, 2019, has attracted a six-figure […]
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