Bitcoin halvings are nothing new, but plenty has changed since 2016. Can the previous network dynamics provide a clue for 2020? With Bitcoin off on an upward rally, many are pointing to the upcoming halving, due on May 12, as the underlying reason. Not unfairly, either. Precedent demonstrates that Bitcoin’s (BTC) price usually ends up […]
Continue ReadingThe world has dramatically changed and traditional finance instruments such as venture capital funds have to adjust to a new reality. Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be […]
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Starbucks and McDonald’s are among the many retail companies that will allegedly support digital yuan payments in Xiong’an, one of four pilot program locations. Rumors are surfacing of an upcoming real-world test of the proposed Chinese digital yuan currency. According to Chinese publication Interchain Pulse, a promotion conference was held on April 22 in the […]
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With the Bitcoin halving less than three weeks away, pundits predict the hash rate distribution to revert to the optimized pre-halving state. With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes […]
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Central Bank of China claims that digital Yuan will not cause inflation. The Bank of China’s secretive digital currency tests have led to tremendous curiosity among Chinese citizens. Recently, the bank responded with an official explanation of the proposed digital Yuan and how it would work. A bank representative confirmed on the China Central Television […]
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Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province. Fresh details have emerged about ongoing trials of China’s digital yuan, specifically its current implementation in Suzhou — a major city in Jiangsu Province. On April 16, reporters for ChinSci-Tech — […]
Continue ReadingThe first Bitcoin SV halving sees hash rates drop by more than 50% with BSV price failing to get a boost. Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a […]
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As Venezuelan hospitals face widespread shortages, President Maduro is by airdropping Petro tokens to doctors. Nicolas Maduro, a former bus driver and Venezuela’s sitting president, has announced a campaign to support his country’s medical staff amid the coronavirus pandemic by airdropping one Petro to each doctor. The ‘Doctors of the Homeland’ initiative will see each […]
Continue ReadingClimate change caused by carbon emissions might be one reason for such a terrible global COVID-19 pandemic scenario. JPMorgan Chase, the first American bank to create and successfully test a digital coin representing a fiat currency, also provided the most fossil fuel financing out of any bank in the world, according to a 2019 report […]
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How can emerging technologies help one of the world’s most populous countries and one of the largest energy consumers toward sustainable and renewable energy development? India is fostering a digital future via Prime Minister Narendra Modi’s “Digital India” initiative: A national blockchain strategy that includes quantum computing, machine learning and artificial intelligence as digital technologies […]
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