Тhe Riksbank, Sweden's central bank and the oldest central bank in the world, recently announced it had started trials for a central bank digital currency (CBDC), called the e-krona. If the trial run is a success, Sweden could be the first country in the world to launch a CBDC. Purpose of the Е-Krona If the e-krona achieves mass circulation, it ...
While crypto might not be heading for the moon yet, the underlying blockchain technology is increasingly finding uses in space. One of the latest enterprises is a project that records satellite data on the blockchain. The European Space Agency (ESA), which is a major international organization funded by various governments in Europe, recently an...
On Monday, February 17th, the prominent cryptocurrency bull Max Keiser updated his long-term Bitcoin price target from $100,000 to $400,000 while speaking with conspiracy theorist Alex Jones during a show called "Infowars". In addition, Keiser clarified that "the good news… is that Bitcoin at $10,000 or $9,300 is equally as attractive as it was ...
It's highly doubtful that anyone has been left with the impression that Bitcoin isn't a thing. Whether you actively invest or just overhear a piece of news over the media, one thing is certain—Bitcoin's value dynamics firmly states the importance and mass effect of the cryptocurrency. Ever since its initial release in 2009, Bitcoin has faced sev...
On Friday, February 14th, former Steemit CEO and co-founder Ned Scott announced in his Twitter account, that he sold Steemit, Inc. to Justin Sun from TRON: Source: Twitter Back in 2016, Scott and Dan Larimer (currently CTO of Block.one, a company involved with the development of EOS) founded Steemit, Inc. and created Steemit—the largest decentr...
President Trump's $4.8 trillion budget proposal has an interesting take on the crypto sector. According to the proposal, the US Secret Service would be given up to $2.4 billion to police activities in the crypto sector. The goal is to have the Secret Service police illegal criminal activity involving crypto and attempt to end it. What It States ...
In view of the recent Australian bushfires, concerns for the long-term effects of climate change are understandably high. With sluggish action from those in power, people are eager for any progress towards a more sustainable and greener global economy. Thankfully, the catalyst for such an endeavor can be blockchain technology. Blockchain and cry...
BaFin, the Financial Supervisory Authority of Germany, recently issued guidelines that clarify how foreign crypto custodians will operate in the country. The authority issued the guidelines this January. According to the updated guidelines, those custody services operating in Germany's crypto sector would not be fined if they did not have a lice...
On Tuesday, February 4th, Bitcoin SV's «Genesis» hard work took place. Thus, the cryptocurrency's block size has become miner-configurable or unlimited. The «Genesis» hard work makes BSV more scalable and, therefore, more attractive for cryptocurrency users. On Thursday, February 6th, TRON founder Justin Sun announced in his Twitter account that...
Cryptocurrencies are designed around the idea of no central bodies being in a total, centralized control and many of us would prefer that no amount of our crypto profits goes to the taxman. However, having clear taxation rules might be beneficial for the industry, legitimizing digital coins as a viable alternative to traditional money, essential...