Bank of England governor Mark Carney has suggested that the American dollar could soon be replaced with a digital currency similar to Facebook’s Libra. While delivering his speech at the U.S Federal Reserve’s annual symposium in Jackson Hole, Wyoming, Carney…
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Binance to launch a “localized” Stablecoin Initiative
The largest cryptocurrency exchange in the world Binance, has announced plans to launch an ambitious project that will develop cryptocurrencies and digital assets that will be pegged to fiat currencies around the world. The Monday August 19 announcement has revealed…
Mark Yusko: Bitcoin is Schmuck Insurance
Morgan Creek capital CEO Mark Yusko referred to Bitcoin (BTC) as a “Chaos hedge, or Schmuck insurance”, in an interview with CNBC Fast Money on Aug 14. Yusko made this comments while pointing out the trouble of people judging Bitcoin…
Tom Lee: Bitcoin is a safe haven, Potential New all-time High Soon
Tom Lee, a senior analyst at market strategy and research company Fundstrat Global Advisors, is positive that Bitcoin is a safe haven for investors looking to make safe and reliable investments. In an interview on Aug 15 on the Fox…
New Zealand Tax department legalizes Crypto Salaries
The Inland Revenue department (IRD) of New Zealand has made it legal to receive salaries in cryptocurrency. The department which is the island country’s tax office will not only make crypto salaries possible, but also make it possible for one…
Volvo to Use Blockchain to Monitor Conflict Free Cobalt
Chinese auto maker Volvo cars, has made electric cars with cobalt mapped on a Blockchain according to a recent Reuters report. Volvo cars, which is owned and operated by the Geely Automotive Group also joined a project to monitor cobalt…
Crypto lending platform Dharma has temporarily paused its key operations partially
Crypto lending platforms are becoming important, and quite a few have recently come up. Dharma, a crypto lending platform however has announced recently that its temporarily pausing its operations as it develops its product.
UN: North Korea has been Robbing Banks and Crypto Exchanges to Fund Weapons Programs
According to a confidential UN report, North Korea is funding its weapons of mass destruction program with cryptocurrency and Fiat currency stolen from banks and exchanges. The report that was seen by Reuters was apparently researched by “independent experts” and…
A new Walmart cryptocurrency patent could give an edge to the retail giant
A new Walmart cryptocurrency patent application could give a significant edge to the American multinational retail giant in a competitive landscape.
Max Keiser: BTC Price could Cross $15,000 this Week
Former Wall Street trader and host of the RT program Keiser report; Max Keiser said that he believed Bitcoin (BTC) will break the $15,000 mark this week. This seems like quit the prediction, seeing as the cryptocurrency’s price has been…