Venezuela is witnessing a radical shift in its daily financial life. Amid soaring annual inflation that has climbed to approximately 229 percent, stablecoins—especially Tether’s USDT, locally dubbed “Binance dollars”—are rapidly replacing the bolívar for everyday transactions from groceries to salaries, according to reporting by Cointelegraph. … [Read more...] about ‘Binance Dollars’ Displace Bolívar in Venezuela as Inflation Soars
Innovation heads south: blockchain initiatives in Latin America
The blockchain is no longer just another trendy topic in the tech world. Governments and businesses all over the globe are actively considering blockchain as the next innovative step in many industries from healthcare to banks, and even food safety. With countries such as Estonia, Japan, and Malta holding the top spots as blockchain hubs, other regions are taking notice and … [Read more...] about Innovation heads south: blockchain initiatives in Latin America
Crypto news in brief (October 15, 218): Sony, Hong Kong, Venezuela, Roger Ver, ICOs in Europe, Bakkt
- Sony is developing blockchain-based software for digital rights management and intellectual property protection - Hong Kong's Securities and Futures Commission (SFC) is exploring ways to regulate cryptocurrency exchanges - Venezuela's citizens will have to pay fees for passport issuance in the country's cryptocurrency petro - Roger Ver plans to buy or develop his own … [Read more...] about Crypto news in brief (October 15, 218): Sony, Hong Kong, Venezuela, Roger Ver, ICOs in Europe, Bakkt
Crypto news in brief (October 4, 2018): Venezuela, Petro, Enterprise Ethereum Alliance, Ripple, xRapid, Bithumb, TD Ameritrade, ErisX
- Venezuela's President Nicolas Maduro announced the official launch of the national cryptocurrency petro - The Enterprise Ethereum Alliance and Hyperledger have become Associate Members within each other’s organization - Ripple's xRapid solution is now commercially available - Bithumb announced its plans to launch a global decentralized crypto exchange - TD Ameritrade will … [Read more...] about Crypto news in brief (October 4, 2018): Venezuela, Petro, Enterprise Ethereum Alliance, Ripple, xRapid, Bithumb, TD Ameritrade, ErisX
Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
- Twitter may soon prohibit cryptocurrency advetisements - Donald Trump banned U.S. citizens from using Venezuelan cryptocurrency Petro - Coincheck is expected to stop operations with three anonymous cryptocurrencies … [Read more...] about Crypto news in brief (March 19, 2018): Twitter, Donald Trump, Petro, Coincheck
Crypto news in brief (February 21, 2018): Vitalik Buterin, Binance, PayPal CFO John Rainey, Venezuela, Petro
Ethereum founder warns about cryptocurrencies crash. Cryptocurrency market cap is around $500 billion. Binance reports 7 million registered users. PayPal CFO sees possible wide adoption of bitcoin in the future. Venezuela issues oil-backed cryptocurrency. … [Read more...] about Crypto news in brief (February 21, 2018): Vitalik Buterin, Binance, PayPal CFO John Rainey, Venezuela, Petro
Is cryptocurrency a lifeline for rogue states?
As bitcoin hits record highs, some cryptocurrency enthusiasts may find an unlikely supporter of virtual money – governments and central banks. … [Read more...] about Is cryptocurrency a lifeline for rogue states?