People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch. In an interview published earlier today on the central bank’s website, PBoC Governor Yi Gang […]
Continue ReadingExperts believe that Libra’s hiring spree signifies a willingness to comply with existing legal and financial guidelines. Following a big-time update to its white paper in mid-April, the Libra Association has over the past couple of weeks made a string of striking new additions to its core governance team, including appointing Robert Werner as its […]
Continue ReadingAs Telegram learned, regulators in the U.S. are a major barrier to new projects looking for funding anywhere in the world. The United States Securities and Exchange Commission’s vigor in pursuing initial coin offerings, or ICOs, has become a major boogeyman within the crypto community. Most recently, the case against Telegram ended with that company […]
Continue ReadingThe launch date of China’s long-awaited digital yuan remains a secret, creating space for potential fraud. With the official release date of digital yuan being kept in the dark, third-party actors have stepped in to impersonate the digital yuan officials, hoping to attract gullible investors. A recent press statement issued by a company called Yuan […]
Continue ReadingThe team behind CryptoKitties, the popular crypto-collectibles game, has announced the game will launch on the Flow blockchain. Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address many of the challenges the team encountered in launching on […]
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Cardano development company will be joining the Hyperledger Project and W3C focusing on the enterprise use cases as part of its bid for the next five years. IOHK, the company charged with the development of Cardano (ADA) will be joining the Hyperledger Project and W3C. Cardano founder and CEO and co-founder of IOHK, Charles Hoskison, […]
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Chinese Communist Party school publishes a new book on crypto. A higher education institution that trains Chinese Communist Party officials has published a new book about cryptocurrency. According to a local blockchain news report on May 19, the Party School of the Central Committee of the Communist Party of China — also known as the […]
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The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer. On May 19, the Libra Association, the organization behind Facebook’s Libra stablecoin project, announced the appointment of Robert Werner as its general counsel, in what seems to be a continuing strategy to reconcile with regulators. Werner brings vast experience […]
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The COVID-19 pandemic is making cash-based societies all over the world sink into oblivion with the help of decentralized technologies. Technology has always been one of the main drivers that has boosted social changes. Of course, there have been other reasons: wars, natural cataclysms and disasters, plague pandemics and more. Speaking of such, the current […]
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Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report […]
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