UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions

The United Arab Emirates and Saudi Arabia are jointly developing a digital currency meant for interbank transactions. The United Arab Emirates’ (UAE) central bank is collaborating with the Saudi Arabian Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. English-language Dubai-based media outlet GulfNews reported on this collaboration on […]

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Binance Tackles Cryptocurrency ‘Misinformation’ With Multilingual Educational Article Bank

Binance joins the various education initiatives seeking to provide reliable material on the industry. Cryptocurrency exchange Binance has launched a collection of educational content comprising almost 500 articles in order to fight “incorrect” and “misleading” information, a press release confirmed Dec. 12. Binance, which regularly tops the list of the world’s largest exchanges by volume […]

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Ukraine’s Former Prime Minister Proposes to Tackle Corruption Using Blockchain

Ukraine’s former prime minister Yulia Tymoshenko, who is planning to participate in the 2019 presidential elections, wants to combat corruption using blockchain technology. Ukraine’s former prime minister Yulia Tymoshenko, who is currently running a presidential campaign for the March 2019 elections, wants to tackle corruption using blockchain, according to a recent Facebook post from Sunday, […]

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Vitalik Buterin: Proof-of-Stake, Sharding to Make Blockchains ‘1,000x’ More Efficient

Ethereum co-founder Vitalik Buterin tweeted that proof-of-stake blockchains with sharding will be “thousands of times” more efficient in the future. Ethereum (ETH) co-founder Vitalik Buterin declared that future blockchains with sharding based on proof-of-stake (PoS) will be “thousands of times more efficient,” in a lengthy Twitter thread Dec. 10. In the long series of tweets, […]

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US CFTC Asks for Comments to Improve Understanding of Ethereum Blockchain, Altcoin

The U.S. Commodity Futures Trading Commission has asked for public comments to improve its knowledge of the Ethereum blockchain. The United States Commodity Futures Trading Commission (CFTC) is seeking public comments and guidance on the Ethereum (ETH) blockchain, according to an official press release published Dec. 11. In order to improve the commission’s understanding of […]

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