British Virgin Islands Government Turning to Blockchain?

Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been exemplified by implementation into a plethora of … Read more

RBI Governor Discusses Crypto and Central Bank Digital Currency

The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. Also read: Indian Supreme Court Wraps up Crypto … Read more

Banks Are Cutting 75,700 Jobs Worldwide

Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank, HSBC, and more. The negative interest rate environment and slowing economies have forced … Read more

South Africa’s Central Bank Addresses Illicit Money Transfers in Bitcoin

Governments around the globe are trying to regulate cryptocurrencies to the best of their abilities. Particularly where criminal use cases of Bitcoin are concerned, some new rules need to be introduced. The South African central bank is currently working on a way to prevent the evasion of currency controls. Another Central Bank Focusing on Bitcoin … Read more

Ethereum Express Launches Two Pilot Projects Spanning Over 48,000 Users

The community-driven Ethereum Express network has announced the launch of two pilot projects with an audience of over 48,000 users. The Proof-of-Authority algorithm based blockchain will be applied in both projects to ensure higher efficiency and transparency of operations. The Ethereum Express blockchain has recently undergone successful testing and shown outstanding values exceeding 1,000 transactions … Read more

XRP Price Analysis for December 3rd – XRP Looking Back at Risks

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, December 3rd is trying to restore after the previous selling. It is generally trading at $0.2203. On D1 of XRP/USD, the cryptocurrency may seem at the bottom. However, this impression might be false, and the decline may continue. The aim of the downtrend may be at … Read more

Indian Province Trials Blockchain for P2P Solar Energy Trading

Real-world use cases for blockchain technology can be found all over the world. In India, the state of Uttar Pradesh will allow for blockchain-based solar energy trading.  India can become a crucial region regarding the development of blockchain technology. Peer-to-peer Trading of Solar Energy One of the country’s newest ventures focuses on the trade of … Read more

Bancor Aims to Increase the Number of DeFi Users by 600%

The world of decentralized finance has captivated a large audience. Pushing this concept to new heights is what the Bancor team aims to achieve. It is certainly true that decentralized finance is gaining traction globally. A new Airdrop by Bancor This business model follows the concepts of decentralized exchanges and decentralized applications in the cryptocurrency … Read more

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