Cambodia is the latest country to demonstrate serious pro-blockchain action. The National Bank of Cambodia’s new digital currency is called Bakong. It’s effectively a central bank digital currency (CBDC) that was launched on a trial basis throughout Cambodia in July. Chea Serey, director-general of the National Bank of Cambodia, said the system will be operational […]
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Former Ethereum developer Virgil Griffith pleads innocent before New York court in North Korea sanctions case. Ethereum developer Virgil Griffith entered a plea of not guilty Thursday afternoon in a Southern District of New York courthouse. Griffith is charged with conspiring to violate the International Emergency Economic Powers Act after traveling to North Korea (DRPK) […]
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At a hearing before Congress today on the rise of alternatives to cash, crypto took centerstage, with many representatives clearly invested in learning more about the space. Congress clearly has crypto on the brain, with the question of regulation being a matter of when. At a Jan. 30 hearing before the Fintech Task Force, a […]
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At a congressional hearing on digital payments, U.S. Representative Emmer expressed fear over stifled crypto innovation. In a Jan. 30 congressional hearing on mobile payments, U.S. Representative Tom Emmer fears criticism of digital payment innovation may stifle progress. Emmer laid out his concerns over regulation smothering innovation: “There’s a whole environment out there of brilliant, […]
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Bitcoin Cash so no block for five hours earlier today, but due to low usage the transaction backlog was cleared without difficulty in two blocks. The Bitcoin Cash (BCH) blockchain has seen no new block for five hours earlier today. However, due to low usage, the transaction backlog was cleared without difficulty and normal activity […]
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Mercedes Benz and Circulor are jointly launching a blockchain pilot to bring transparency in carbon emissions in the cobalt supply chain. Major car manufacturer Mercedes Benz and blockchain startup Circulor are jointly rolling out a pilot aimed at the tracing carbon emissions in the cobalt supply chain. According to a Jan. 30 press release, the […]
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Decentralized social media is not so distant future as it might sound, meanwhile, there are serious obstacles that need to be solved before it becomes our present. Back in December 2019, Jack Dorsey, the founder and CEO of Twitter and payments operator Square, announced a new team dubbed Bluesky, to work on decentralized social media […]
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Cointelegraph talked to the WEF’s head of blockchain several months before the 50th edition of the event. The 50th World Economic Forum is over, and Cointelegraph was happy to cover the most important highlights from the event and reflect on the role of crypto in Davos discussions. The person who knows more than anyone about […]
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Former Coinbase COO Asiff Hirji will be leading the expansion efforts of Figure, a financial services company using blockchain to replace paper documents. Asiff Hirji has joined Figure, a U.S. lending company utilizing blockchain to process the loans, a Jan. 30 press release revealed. Hirji will be company’s new president, having previously served as president […]
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Major United States-based cryptocurrency exchange Coinbase established a second Irish firm to expand its crypto custody services to European institutions. Major United States-based cryptocurrency exchange Coinbase has established an entity in Ireland to expand its crypto custody services to European institutions. According to a Coinbase announcement published on Jan. 30, the new entity is called […]
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