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2020

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Nov

China construction bank plans to issue $3 billion bonds using blockchain

INVESTING

Wednesday, 11 November, 2020 at 08:21 GMT
In a recent report, the China Construction Bank (CCB)’s Malaysian unit, in partnership with Hong Kong-based exchange, Fusang, has unveiled plans to issue up to $3 billion bonds using blockchain. ...
Bitcoin hashrate grew by 12 percent

INDUSTRY

Tuesday, 10 November, 2020 at 07:23 GMT
The Bitcoin hashrate has been dropping since the past month, as people speculated that Chinese miners have been switching off their machines for migration. However, the network hashrate began to recover since November 3, where the hashrate dropped to 106.65 million terahashes...
Norges bank uninterested in launching a cbdc

INDUSTRY

Monday, 9 November, 2020 at 18:58 GMT
The deputy governor at Norway’s central bank, the Norges Bank, stated that there is no immediate need to launch a central bank digital currency. Speaking at the Finance Payments Conference, Ida Wolden Bache said that there is no urgent need to launch a digital version of the...
Canada revenue agency wants data on all coinsquare users

INVESTIGATIONS

Sunday, 8 November, 2020 at 20:26 GMT
Canada’s tax authority is reportedly asking a federal court to force cryptocurrency exchange Coinsquare to hand over information and certain documents on all of its users since the beginning of 2013. The Canadian crypto exchange has over 200,000 users. ...
Wyoming bitcoin holder is heading to congress

INDUSTRY

Saturday, 7 November, 2020 at 20:28 GMT
Is bitcoin coming to the U.S. Senate? That’s how it looks in Wyoming after the state has elected a Republican cryptocurrency holder and digital currency advocate to office. Cynthia Lummis is a crypto owner that was recently elected to the Senate to represent Wyoming. Many...
Bitcoin the real winner of election 2020

INDUSTRY

Friday, 6 November, 2020 at 17:33 GMT
Bitcoin has risen as the somewhat surprising winner of this election with it increasing in price from $13,500 to a brief $16,000 since November the 3rd. This performance may well suggest the cryptocurrency for the first time is showing itself as a different sort of choice in a...
Problems that may rise with digital dollar

NONE

Thursday, 5 November, 2020 at 07:31 GMT
Payments in the digital realm are increasingly being brainstormed amongst banking and currency experts worldwide. Cashless and contactless payments are the most trending terms debated among payment merchants and regulating bodies alike. The fantasy of cutting the middlemen of...
Ethereum 2 to launch in december 2020

INDUSTRY

Wednesday, 4 November, 2020 at 20:04 GMT
The Ethereum Foundation has finally revealed the launch date for Ethereum 2.0, and it is just around the corner.  The first version of the Ethereum 2.0 (Eth2) is set to launch on December 1, given that there are at least 16,384 validator deposits on the network a week before the...
Paypal‌ ‌to‌ ‌expand‌ ‌crypto‌ ‌services‌ ‌next‌ ‌year‌

PREVIEW

Tuesday, 3 November, 2020 at 12:57 GMT
PayPal announced its entry into the cryptocurrency space last month, with the payment processor initially offering its services to its U.S clients. However, the company intends to rapidly expand internationally in the first half of 2021. ...
What you need to know about crypto arbitrage trading

INVESTIGATIONS

Monday, 2 November, 2020 at 17:25 GMT
Do you think that one day cryptocurrency will be able to completely replace regular money? Well, it sounds like a plausible scenario. Although even if it happens, it won’t be tomorrow or next week for sure. Nevertheless, it’s better to be quick on the uptake and learn in...

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