As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country. Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a […]
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Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin in deposits — worth over $380,000,000 — since its launch back in August 2018. Cryptocurrency lending and borrowing platform Celsius Network has topped 50,000 Bitcoin (BTC) in deposits — worth over $380,000,000 — since its launch back in August 2018. With over 100,000 active […]
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Crypto traders explain why this Bitcoin rally may be more than just a correction. Is Bitcoin’s current rally just a bull trap, or is it actually headed for the moon? Trader Alessio Rastani and co-founder of Wintermute Trading, Yoann Turpin, explain why Bitcoin’s upward momentum may be impulsive in nature rather than corrective. Don’t miss […]
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Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic. One of the most curious and subtle developments of the COVID-19 global pandemic is the surging demand for stablecoins. Their total supply hit an all-time high recently — roughly $7.5 billion — with demand for Tether […]
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KFC has rolled out a blockchain pilot program across the Middle East for its digital advertising supply chains. Kentucky Fried Chicken has rolled out a blockchain pilot program across the Middle East aimed at improving digital advertising and media buying. KFC Middle East expects the blockchain-powered platform to ensure greater transparency in the advertising supply […]
Continue ReadingMatrixport’s platform now allows users to buy crypto currencies directly through Visa and Mastercard. Bitmain-affiliated financial service platform Matrixport has teamed up with Simplex, an EU-licensed payments processing firm, to allow users to purchase select cryptocurrencies using their credit and debit cards. Matrixport users can buy seven cryptocurrencies with most popular fiat currencies As part […]
Continue ReadingThe privacy-based cryptocurrency could see a return to the Japanese market if the group running Dash Japan is successful. A $30,000 proposal submitted by the group running Dash’s Japanese website has just received approval to continue their efforts to get the token relisted in Japan. According to an April 27 update on a DashNexus proposal, […]
Continue ReadingDoes blockchain technology grant enough anonymity? Experts’ opinions vary, as some say the technology hasn’t lived up to the expectations. The first blockchain was launched more than 10 years ago and since then, it has evolved from simply being a backbone for Bitcoin (BTC) to a global technological phenomenon. In some sense, the distributed ledger […]
Continue ReadingBlockchain technology could help the African gold industry boost the continent’s economic growth, even during the coronavirus pandemic. Western perception of precious African resources usually tends to focus on the diamond trade. However, amid an ongoing pandemic, gold usually surfaces as both one of the most in-demand and discussed assets in the world. Historically known […]
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Dash developers announced that they expect to update the project’s “Evonet” test network every roughly six weeks. The developers behind major privacy-focused cryptocurrency Dash (DASH) announced that they expect to update the project’s “Evonet” test network every roughly six weeks. According to an April 17 announcement, the Dash Core Group plans to release the first […]
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