Idiot Managers, G20 regulations and Stable Coins
Despite the present scenario, which has been labeled by experts as a “bear market,” trade in cryptocurrencies continues, although at a slower pace than during a bull market.
How is Plastic Waste in Africa Getting Impacted by Blockchain Technology?
An Overview: African Plastic Waste Crisis The last 30 governments in the continent have restricted their use, with Kenya levying the world’s strictest ban on plastic bags in 2017. Africa has been facing severe flooding, and one of the reasons is the blocking of drainage pipes caused by plastic bags. Every year, more than 15…
The Russia-Ukraine War and Role of Cryptocurrencies: Aids, Sanctions & Neutrality
The world economy has been facing diverse challenges from recession due to the COVID-19 pandemic; and now there is the Russia-Ukraine war. COVID-19 dealt a heavy blow to the world economy and many people lost their lives to the pandemic. The recent happenings in Russia-Ukraine are a bit different. Cost of opportunity This is not…
Crypto in October Report: Shiba Inu, Meta and China
The Chinese government is finding its way through regulation to control the activities in the cryptocurrency market. On Friday, one of the major cryptocurrency exchanges Huobi has ended futures and derivative trading in mainland China as planned. According to previous announcements, Huobi, China’s largest exchange, will today completely shut down futures, contracts, and other derivatives…
A peek into China’s National BSN service which will host its official coin
China is putting its back behind the blockchain world by building an exclusive, country-wide network. Called the Blockchain-based Service Network (BSN), this venture was launched in October 2019, and today has nodes running in 200 Chinese cities. Developing on the blockchain can be a costly affair. A report says it could take around $14,000 a…
Korea’s Medium offers free enterprise blockchain to global businesses
Medium (not to be confused with the blogging platform) has come out with a free enterprise-grade blockchain offering, where global businesses can build their apps without worrying about the cost. Medium is hoping to stimulate more and more users of blockchain in the market by making it the service free. The MDL blockchain offers a…
The lure of Bitcoin, inflation and price volatility
What lies behind the attraction of bitcoin for some part of the population, while the larger masses don’t understand anything about cryptocurrencies? Behind the fog of long hash addresses and obscure terms like cryptography lies the simple idea of a “bit coin” that is cheap, and which also makes economic sense. Inflation figures are usually…
Blockchain-powered vaccine passports coming soon
South Korea Prime Minister Chung Sye-kyun makes it known that the country will introduce blockchain powered vaccine passports through a smartphone application this month. Prime Minister Chung Sye-kyun said, “the people will be able to experience a sense of return to normality from a vaccine passport or green card systems,” he said during a daily…
This Week in Crypto News
Jack Dorsey’s first tweet auction Jack Dorsey’s auction for the March 2006 tweet was closed on Monday with a winning bid of over $2.9 million. The CEO of Bridge Oracle, a public oracle system on the Tron Network, was the winner. Sina Estavi (@sinaEstavi), the winning bidder, offered around 1630.6 ETH on March 6, which…
This Week in Crypto
Tweet Bitcoins! Bottlepay brings real-time bitcoin payments The firm said, “Users can tweet bitcoin and fiat currency to other users instantly”. The U.K based payments platform Bottlepay brings real-time bitcoin payments to Twitter. Bottlepay is aiming to disrupt the payments space by enabling real-time cross-broader transfers of both fiat money and cryptocurrencies. The beta version…