IMF: Fiat Needs New Ideas to Compete with Crypto
Fiat currencies need work, according to an International Monetary Fund (IMF) official, suggesting that they need new ideas to make them more of an attractive proposition for users in the “digital age”, according to Cointelegraph. Dong He, IMF’s Deputy Director of the Monetary and Capital Markets Department, has published an article suggesting that the way […]
Bitcoin Officially at Parity With World’s Most Valuable Brunei 10,000-Dollar Banknote
Bitcoin’s price of USD 7,420 at time of writing is at near-parity with the 10,000 Brunei dollar (BND) bill issued by Brunei in December 2006, yielding an equivalent price of USD 7,132. Brunei is a country of less than half a million people located on the island of Borneo in the South Pacific. Brunei’s BND 10,000 […]
Europe: Crypto and Blockchain News Roundup, 25th to 31st May 2018
Europe Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Russia Central bank says crypto no threat to global financial stability: The Russian Central Bank has said in a statement that cryptocurrencies like Bitcoin do […]
Asia and Australia: Crypto and Blockchain News Roundup, 25th to 31st May 2018
Asia and Australia Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. China President acknowledges impact of blockchain tech: Chinese Premier Xi Xinping has acknowledged the “breakthrough” impact of blockchain technology, according to latest reports […]
Africa and the Middle East: Crypto and Blockchain News Roundup, 25th to 31st May 2018
Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Nigeria Nigerian diaspora considering Bitcoin for sending remittances: The Nigerian diaspora around the world is using Bitcoin to send remittance […]
South America: Crypto and Blockchain News Roundup, 25th to 31st May 2018
South America Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Chile Bank reopens account of crypto exchange: A Chilean bank reopened the accounts of cryptocurrency exchanges following a court ruling in their favor. The […]
DNB, Norway’s Largest Bank, Breaks the Ice with IOTA Tangle Tech
Den Norske Bank (DNB), Norway’s largest financial services group, and the IOTA Foundation (IOTA) have signed a memorandum of understanding (MOU) of partnership, according to a press release on 31 May, writes Cointelegraph. This is the second of such announcements by IOTA recently in which applications of the IOTA Tangle, a “third-generation” distributed ledger technology […]
Estonia’s $2.3M Platform Supports ‘Northern Crypto Paradise’ Tag
With the news that an Estonian invite-only entrepreneurs’ community has raised USD 2.3 million to develop a “founders to founders” skill-sharing platform, Estonia continues to make its mark on the crypto space in the region. Estonian World reported that the new platform, Lift99, aims to “build an online community of influencers and startup talents to lead […]
Venezuela Bans Imports of Crypto Mining Rigs
The government of Venezuela has banned the importation of cryptocurrency mining equipment, including graphics processing units (GPUs) and application-specific integrated circuits (ASICs). The law changes were made in April and since then customs has been seizing cryptocurrency mining equipment at seaports and airports. Carlos Vegas, the Superintendent of Cryptoactives and Other Related Venezuelan Activities, has […]
Over 25 Million Blockchain.info Bitcoin Wallets Created
Blockchain.info has hit a milestone this past week with users of the online Bitcoin wallet service having created more than 25 million wallets. This is by far the most out of any online Bitcoin wallet service; Coinbase, a major Bitcoin exchange based in the United States, has 13 million in comparison. The Blockchain.info wallet service […]
