The main concern of the issuing entity
is to guarantee universal access to the digital currency. It also proposes the
use of the CBDC offline, in case of power or Internet failures.
The world's central...
The developer highlighted what he
considers the spirit of the smart contracts platform. He believes that
short-term exaggerated excitement is driving Yield Farming.
Last July 1st, Vitalik Buterin
explained that some people value Ethereum for its...
The proposal received almost unanimous
approval through a vote. The new method will prevent users from taking
advantage of interest rates on various platforms.
The decentralized finance (DeFI) platform
Compound will
change in the way of
allocating and...
The Senate Banking Committee discussed
financial inclusion and competition with China. Lawmakers are interested in
knowing the scope of creating a digital currency.
The US Senate Banking Committee held a
hearing last June 30th to discuss...
According to a study by FCA, the number
of buyers went from 1.5 million in 2019 to 2.6 million this year. Most of those
who venture
into
cryptocurrencies know that they are in an unregulated environment.
There...
WBTC
takes the lead with 8,165 representative Bitcoin tokens issued on the Ethereum
network. The amount in U.S. dollars of the Bitcoin-pegged tokens on Ethereum
exceeds USD 100 billion.
On June 27th,
the number of Ethereum network...
Bitcoin's mining difficulty recently recorded
a 14.95% increase after having decreased as a result of the halving. The cryptocurrency had not
recorded these values in its mining difficulty since January 2018, when it
increased by more than 16%.
Bitcoin trading volume has been
declining until now in June 2020. If it continues to break supports, there would be the
possibility of changing the price of the cryptocurrency.
The price of Bitcoin started the...
It would be illegal
to own, sell, issue, mine, and use cryptocurrencies, according to the draft bill.
It contemplates fines of INR 25 million (equivalent to USD 325,000) or
imprisonment for up to 10 years.
India...
An annual halving
will ensure that BGL will achieve the maximum supply of 21 million coins in a
short time. BGL's programmed burn feature forces it to burn tokens with each
transaction.
The crypto asset BitGesell...