Major crytourrency exchange Binance teamed up with one of the largest banks in Turkey, Akbank. … [Read more...] about Binance partners with major Turkish bank
In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Electricity consumed by bitcoin network has been constantly and noticeably increasing. During the past years the consumption reached such big a scale, that it can be compared to electricity consumption of some countries, according to BlockchainAnalytics.pro research. … [Read more...] about In 2017 bitcoin network consumed 5 TWh of energy, in 2018 – 29 TWh, in 2019 – 43 TWh
Sweden to test e-krona, a digital version of cash
Riksbank, the central bank of Sweden, has launched a pilot project aimed at developing and testing a digital currency, e-krona. … [Read more...] about Sweden to test e-krona, a digital version of cash
FC Barcelona to launch cryptocurrency for fans
Spanish football club Barcelona has signed a partnership agreement with Chiliz, a blockchain-based fan engagement platform for sports & entertainment. … [Read more...] about FC Barcelona to launch cryptocurrency for fans
Australia unveils national blockchain roadmap
The Australian Department of Industry, Science, Energy and Resources has released a national blockchain roadmap designed to promote the adoption of the technology in the country. … [Read more...] about Australia unveils national blockchain roadmap
Open letter to the Finance Minister of India, on the potential of India’s cryptocurrency sector, from CoinDCX CEO
Ahead of the 2020 Union Budget of India—arguably the most challenging budget of Prime Minister Narendra Modi’s government—Sumit Gupta, CEO and Co-Founder of CoinDCX, India’s largest cryptocurrency trading platform and liquidity aggregator, has written an open letter to the Finance Minister of India, Nirmala Sitharaman, on the potential of India’s cryptocurrency sector to … [Read more...] about Open letter to the Finance Minister of India, on the potential of India’s cryptocurrency sector, from CoinDCX CEO
Tether launches gold-backed stablecoin XAUT
Stablecoin issuer Tether has announced the launch of Tether Gold token, or XAUT, a new stablecoin that is pegged to physical gold. … [Read more...] about Tether launches gold-backed stablecoin XAUT
4 reasons why 2020 will be the year of the stablecoin
As we embark on a new decade for blockchain, it is worth reflecting on how far we’ve come. The biggest movements of 2019 revolved around institutional involvement in the space with industry giants such as Facebook and JP Morgan dipping their toes in the water, Decentralized Finance (DeFi) booming, monumental growth in fintech more generally and, of course, a wave of potential … [Read more...] about 4 reasons why 2020 will be the year of the stablecoin