Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels. Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether […]
Continue Reading
Blizzard’s ban of Bitzchung for expressing his political views triggers community outrage. Is the blockchain coming to the rescue? The gaming world burst into an outrage as a result of Blizzard’s move to expel a leading professional gamer from Hong Kong, Chung Ng Wai (aka Blitzchung), from its international Hearthstone esports tournament. Hearthstone is an […]
Continue Reading
Computer scientist and general manager of WeWork South Africa Stafford Masie says that Bitcoin will change the future of humanity more than any other tech innovation. Computer scientist and general manager of WeWork South Africa, Stafford Masie, has said that Bitcoin (BTC) will change the future of humanity more than any other technological innovation. In […]
Continue Reading
United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company. United States Senator Mike Rounds expresses his support for Facebook’s Libra coin in a letter sent to Libra Association member Anchorage Trust company. United States payment systems in its infancy On Oct. […]
Continue Reading
The Bank of Canada believes a central bank digital currency could be the answer to the threat that cryptocurrencies present. The Canadian central bank is reportedly considering launching a proprietary digital currency. Digital currency could share info with police and tax authorities On Oct. 16, news outlet The Logic reported that the Bank of Canada […]
Continue Reading
The potential loss of Libra could be Bitcoin’s gain as the Facebook-led crypto project faces increasing regulatory challenges. Facebook’s dream of being a cryptocurrency giant is seemingly becoming more distant by the day, as increasing regulatory uncertainty continues to jeopardize the company’s Libra project. While Libra has been surrounded by anything but good news even […]
Continue Reading
Economist Nouriel Roubini has admitted that Bitcoin “maybe is a partial store of value” while leveling his usual criticisms against cryptocurrencies. Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of […]
Continue Reading
The Federal Reserve’s Lael Brainard says Libra could pose risks to consumers due to ambiguity over their rights. A member of the Federal Reserve’s Board of Governors has said that Facebook’s Libra could pose risks to consumers due to a lack of clarity over their rights with respect to the token’s underlying assets and to […]
Continue Reading
A now-viral post by a Chinese cryptocurrency trader has highlighted the stark drop in the price of American sneaker-backed tokens in the wake of the NBA-China fallout. A now-viral post by a Chinese cryptocurrency trader has highlighted the stark drop in the price of American sneaker-backed tokens in the wake of the fallout between the […]
Continue Reading
RBC analysts believe that China’s digital currency might become the dominant digital currency if U.S. regulators dismiss Facebook’s Libra coin. Analysts at RBC Capital Markets have suggested that stifling Facebook’s Libra may leave the field open to China’s central bank digital currency (CBDC) to dominate in emerging economies. China shifts development of digital currency in […]
Continue Reading