Binance founder CZ sees the African continent as an untapped environment for exchanges to drive cryptocurrency adoption. Binance founder and CEO Changpeng Zhao, otherwise known as CZ, believes that the African continent holds some unique opportunities for cryptocurrency adoption and development. The Binance leader provided a number of interesting insights during an exclusive “ask me […]
Continue Reading
In light of the cracks revealed by the COVID-19 pandemic, blockchain is needed now more than ever to create a new global paradigm. The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being […]
Continue Reading
An ultimate financial game-changer: Blockchain technology has dramatically changed the traditional finance industry, and there is more to come. A few years ago, blockchain technology gained significant traction and was regarded as a truly revolutionary tool for any industry, providing opportunities to significantly update the way of doing business in many areas. As a result, […]
Continue Reading
British payment startup Checkout.com has joined the Libra Association, becoming the 24th member committed to building a better global payment network. In a fresh move to revive Facebook-backed digital currency project Libra, the Libra Association has onboarded another member. British payment startup Checkout.com has joined the Libra Association, becoming the 24th member engaged with the […]
Continue Reading
These crypto firms are joining the fight against COVID-19. Will this move highlight the benefits of cryptocurrencies and establish the industry? All over the world, doctors, nurses and medical resources are strained as the fight against the coronavirus continues. In response, many charitable organizations and philanthropists from various industries have come forward to offer their […]
Continue ReadingBIS Innovation Hub head asserted the decline of cash use amid the pandemic has renewed the pertinence of bank-issued digital currencies. Benoît Cœuré, the head of the Bank for International Settlements Innovation Hub, recently asserted that central bank digital currencies, or CBDCs, have been brought “into sharper focus” amid the coronavirus pandemic. Speaking during a […]
Continue Reading
Central banks affect decentralized finance, and decentralized finance affects central banks. Which could benefit from this ideological war? Philip Coggan, a British business journalist and news correspondent who writes for The Economist, once mentioned, “Modern money is debt and debt is money.” Few would disagree with this claim. Yes, the vast majority of money circulating […]
Continue Reading
Celo has announced 18 finalists from 15 countries in its CeloCamp accelerator program. Open-source payments network and Libra rival Celo has announced 18 finalists spanning 15 countries from its CeloCamp blockchain accelerator program hosted in partnership with digital events company Upright. The program, launched during mid-February, comprises an eight-week virtual boot-camp intended to stimulate app-building […]
Continue Reading
The CARES Act shed light on the possibility of a digital dollar. Meanwhile, a blockchain-based solution is also being explored. Will one of them launch soon? The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects […]
Continue Reading
Most top performers have reached their resistance levels and may consolidate or correct over the next week. Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank […]
Continue Reading