Wesco Operating Co., an oil producer near Moab, Utah, found in Bitcoin a solution to a years-old problem – the wastage of natural gas that can’t be shipped to market, The …
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After El Salvador warning, IMF says accepting BTC as national currency is “a step too far”
The International Monetary Fund (IMF) published a warning that putting Bitcoin (BTC) or any other crypto on par with a national currency presents serious risks to macro-financial stability. In their official blog post, …
MoreBig Indian banks take stakes in trade finance blockchain firm
Fifteen of India’s largest banks have invested in a fintech firm that aims to use blockchain to speed up domestic letters of credit, a first in domestic trade finance, regulatory …
MoreOne tenth of Russians ready to get salaries in digital ruble
Amid the Bank of Russia continuing progressing with its central bank digital currency (CBDC) development, one survey suggested that not many Russians are ready to accept salary payments in the …
MoreCardano (ADA) has to break crucial resistance to head to $2
Cardano has broken out of a consolidation pattern, but it’s lacking the volume it needs for a trend reversal. Cardano has not had the strength to advance further after breaking …
MoreBank of Thailand promotes blockchain in new guidelines
Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy …
MoreDigital Assets Data CEO: 1 Bitcoin ‘will be worth $1,000,000 in under 10 years’
On Tuesday (July 27), Mike Alfred, Co-Founder and CEO of NYDIG subsidiary Digital Assets Data, gave his long-term price prediction for Bitcoin. On Jan 11, NYDIG announced that it had acquired Digital Assets Data, …
MoreCardano (ADA) could help form ‘big three’ of mainstream cryptos
Amy Arnott, a portfolio strategist at Morningstar that focuses on cryptocurrencies, has revealed she believes Cardano (ADA) could become one of the largest three cryptocurrencies by market capitalization and go …
MoreWhat you need to know about Monero’s decoy selection bug
The developers of privacy-centric cryptocurrency, Monero have identified a “rather significant” bug in the algorithm that could allow for transaction destinations to be identified. According to a Twitter thread by the developers: “If users spend …
MoreBitcoin dominance inches closer to 50 % as BTC Revisits $40K
Bitcoin’s market share has spiked to 49.15 percent, its highest level since May 3, according to TradingView data. However, it is still down nearly 33 percent from its Jan. 3 …
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