Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Guo said that CBDC development among […]
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A class-action lawsuit seeks to prevent e-scooter firm Helbiz from destroying the smart contract underpinning its ERC-20 token. Helbiz Inc is facing a class-action lawsuit from investors for its plan to destroy the smart contract underpinning its ERC-20 token, HelbizCoin (HBZ). The electric scooter company initially claimed to have raised almost $40 million dollars for […]
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A major Chinese e-commerce platform and a video sharing site have reportedly joined China’s CBDC project. Development of China’s central bank digital currency, or CBDC, continues to show signs of progress. On July 8, a major domestic e-commerce platform and a video sharing site both joined the CBDC project, according to local news. Companies Meituan […]
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Solarization dominating green energy efforts in the EU. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies require a high consumption of electricity, currently produced predominantly using coal and fossil fuels that adversely impact the environment. A global shift toward green energy will require the removal […]
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Blockchain technology is driving the development of autonomous vehicles and their communication with the world around them. A decade ago, the thought of self-driving cars was far from reality, but with 2020 looming large, massive strides have been made in the field of autonomous vehicles. Meanwhile, in the space of a decade, Bitcoin has thrust […]
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SEC-approved LTSE stock exchange could link crypto firms and the capital of traditional investors. One of the most significant introductions that blockchain has made available in recent years is adding new tools through which companies can raise capital. The technology has made it possible to raise funds for a project from investors of just about […]
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Innisfil residents will be able to pay property taxes in Bitcoin through third-party service Coinberry Pay. The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27. Per the CBC, Innisfil, in partnership […]
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Driverless cars are indeed coming to roads soon enough — the U.K.’s transport secretary, in fact, recently predicted that those vehicles would appear there within four years. Even so, it might be autonomous trucks — as in semi-trailer trucks that haul freight — that hit the highways in greater numbers initially, perhaps having a quicker impact […]
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JPMorgan Chase is reportedly in discussions with Lyft about being the lead banker on its pending initial public offering (IPO). CNBC, citing people familiar with the matter, reported that JPMorgan is seen as in the lead to be the underwriter after Goldman Sachs and Morgan Stanley opted not to go after the Lyft IPO, as […]
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Turo, the peer-to-peer car sharing marketplace company in San Francisco, has set its sights overseas, reportedly expanding into the U.K. According to reports citing Turo Chief Executive Andre Haddad, the U.K. is the company’s most searched destination when it comes to traveling outside of North America, thus the expansion into the market. “This makes us […]
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