The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for the payments system.” G7 Setting Common Rules for Central …
Author archives: Adam Owen
Tony Hawk Purchased Bitcoin in 2012 After Reading About the Silk Road Marketplace
Tony Hawk, the American professional skateboarder often referred to as ‘Birdman,’ discussed bitcoin at the Bitcoin 2021 conference in Miami and told the crowd he got into the crypto economy in 2012. Hawk said he heard about the crypto asset after reading about the Silk Road marketplace and at the time, he said to himself …
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Vulcan Forged Launches NFTs Designed by the Godfather of Fantasy Art
PRESS RELEASE. Vulcan Forged has secured IP rights to several artists’ work to bring fantasy-themed NFTs to the VulcanVerse. Cardiff, United Kingdom – Blockchain gaming platform Vulcan Forged has secured the intellectual property (IP) rights for works included in the Frank Frazetta Art collection. The team plans to use these rights to create and distribute …
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Study Shows 36% of Nigerian Adults Are Financially Excluded — Digital Financial Services Bolsters Inclusion
Nearly 36% of Nigeria’s 106 million adults lack access to both regulated and unregulated financial services, according to the findings of the Enhancing Financial Innovations and Access (EFIA) study. In addition, while the findings do suggest a marginal drop in the percentage of financially excluded adults in the past few years, overall “the actual number …
Litecoin Price Prediction: LTC/USD Market Valuation Ranges
Litecoin Market Valuation Ranges– June 6There have been different low price movements in the LTC/USD trade activities over a certain period of sessions. The crypto market valuation ranges mostly underneath the value of $200 as price now fluctuates at about $177 at a percentage increase of around 2.70. Market Valuation Ranges: LTC MarketKey Levels:Resistance levels: …
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Green Bitcoin: The impact and importance of energy use for PoW
To achieve the goal of a green Bitcoin network, crypto mining companies should push for production with less use of fossil fuels. While writing the world’s most famous white paper, Satoshi Nakamoto defined the Bitcoin (BTC) mining process. It was established that the minting of new coins would take place through proof-of-work. To carry out …
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GBTC premium stays negative, suggests Bitcoin price sentiment still low?
GBTC premium stays negative for over three months as its holdings decline gradually, while BTC price struggles around the $37,000 mark. Bitcoin (BTC) is facing difficulty breaching the $40,000 mark again after briefly crossing it on May 26. The cryptocurrency is currently exchanging hands at around the $36,000 mark, which is a 44% drop from …
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Negative Crowd Sentiment Towards Ethereum May Push its Price Higher
Crowd sentiment towards Ethereum is still negative Negative sentiment usually precedes a price increment by Ethereum $2,800 is still the level to break for Ethereum to return to bullishness Historically, Ethereum’s gains during the second half of any year, have been lower than the first half Ethereum has a 50:50 chance at ending the month …
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25% of Bitcoin Users Have Fled Since Tesla Stopped Accepting BTC
According to Timothy Peterson, 25% of Bitcoin users have fled the network since Tesla stopped accepting BTC for car payments Elon’s tweet making the announcement has changed Bitcoin’s fundamentals Bitcoin’s network size is down 45% from its peak value in mid-April Bitcoin is staring at a death cross on the daily chart Bitcoin and Crypto …
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Hybrid smart contracts will replace the legal system
Hybrid smart contracts will change the world by revolutionizing the legal system that exists today. The era of unintelligible contracts written in legalese by lawyers in $2,000 suits with degrees from Ivy League schools is over. The contracts of the next century will be hybrid smart contracts, written in code by programmers wearing $20 hoodies …
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Shanghai to Hand Out $3 Million in Digital Yuan Lottery
As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes …
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African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria
Chipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital. The VC firm is an investment arm of U.S. …
‘Blogger by Day, Trader by Night,’ Binance Runs Advertising Campaign in Major Ukrainian Cities
An advertising campaign across some of Ukraine’s most populous cities is now aiming to attract new traders to the world’s largest digital asset exchange, Binance. The Eastern European nation is known as a promising market and a leader in terms of cryptocurrency adoption. Binance Ads Appear on Trains and Trolleys in Ukraine Cryptocurrency exchange Binance …
Earn up to 50% APY by Staking $GLQ on GraphLinq App
PRESS RELEASE. The newest utility token to offer staking to its users/holders is GraphLinq Protocol’s $GLQ. As of this article, $GLQ has 4,500+ holders according to etherscan, excluding GLQ holders on CEX like Kucoin, MXC, Gate. This is a great step for the future of the project as it will further incentivize more users to …
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The rise of NFTs must be accompanied by further decentralization
NFTs are useful for a wide range of everyday payment/transaction purposes — but first, there needs to be more decentralization. The rise of the nonfungible token (NFT) has been a sight to behold, with the market seemingly garnering an increased amount of mainstream traction with each passing day. To put things into perspective as to …
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