Circle CEO: No One in the World Is Any Closer to CBDCs than China
No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says Go to Source Powered by WPeMatico
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Bitmain Launches Next Gen Miner as Bitcoin Hashrate Touches 100 Exahash
Last Thursday the China-based mining rig manufacturer Bitmain announced the launch of two new Antminers that offer hashrates between 53 to 64 terahash per second (TH/s). When the Antminer sale started on Monday, first batch devices sold extremely fast and Bitmain expects to deliver units by mid-November. Meanwhile, the combined SHA256 hashrate (BCH and BTC) … Read more
Report: Libra Stablecoin Tied to Major Currencies, Maybe Not Yuan
Facebook has reportedly provided the U.S. Senate with details regarding the backing reserves for its Libra stablecoin Go to Source Powered by WPeMatico
Tether Launches New Stablecoin Pegged to Offshore Chinese Yuan
Tether announced that is launching a new stablecoin pegged to the offshore Chinese yuan Go to Source Powered by WPeMatico
China’s Digital Currency Could Launch as Early as November
The Chinese government is working on its own digital currency. Very little is known about this project so far. In a recent press release, the country’s central bank offered some intriguing details. It seems this currency will be similar to Libra, although it has nothing to do with social media. A Mobile Currency While very … Read more
Report: Shell and Sinochem Discuss Blockchain Platform for Crude Oil
Sinochem Energy Technology is reportedly discussing building a blockchain platform for the oil sector with Shell and Macquarie Go to Source Powered by WPeMatico
Bitcoin Hit Record Inverse Correlation to Chinese Yuan in Past Week
Weakening Chinese yuan leads to higher Bitcoin prices and Asian premium Go to Source Powered by WPeMatico
China’s National Crypto Similar to Libra, Central Bank Official Says
The central bank believes the digital currency will help protect China’s foreign exchange sovereignty Go to Source Powered by WPeMatico
15 Arrested in China for Allegedly Bribing Internet Cafe to Mine Crypto
Chinese authorities arrested fifteen men suspected of bribing an internet café admin to mine cryptocurrency Go to Source Powered by WPeMatico
Walmart’s Foray Into Blockchain, How Is the Technology Used?
The last few years have seen the retail giant Walmart experiment with blockchain technology quite substantially — most notably within its food supply chain ecosystem Go to Source Powered by WPeMatico