Swiss Government Doubts E-franc Project ValiditySource: CryptoNewsZThe National Swiss Bank and the government has withdrawn its support to the central bank’s highly anticipated project on the e-Swiss franc, stated the statement released by the finance department of the country on Friday. This shocking statement has created a lot of chaos in the Swiss territory as the hesitant attitude towards the project …
Sweden plans to rollout its centralized digital currency.Source: CoinnounceSweden has joined the likes of China, Turkey, and France to launch its central bank-issued digital currency. Earlier, South Korea announced to roll out a pilot project regarding its CBDC. The central bank of Sweden revealed that the use of has declined in the country over the last few years. Sveriges Riksbank to test […]
Turkey-Based Crypto Exchange BtcTurk Includes Dash To Its NetworkSource: CryptoNewsZTurkey’s leading cryptocurrency trading exchange, BtcTurk, has announced that it has integrated one of the most highly acclaimed cryptocurrencies “Dash” in its network. The platform will render the traders to indulge in transactions with DASH/BTC and DASH/USDT trading pairs along with support to Turkish lira pairs as well as on its revolutionary PRO version. The …
Monero Rejects FinCEN Identification GuidelinesSource: Crypto BriefingMonero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties. Monero published its stance on regulations that require money services businesses (MSB) to trace user identities. The U.S. Financial Crimes and Enforcement Network (FinCEN) published […]
What’s So Cool About the First Ethereum-Based Home Sale?Source: NewsBTCIf you’ve perused Crypto Twitter at all over the past few months, you’ve likely heard the term “decentralized finance” or “DeFi” tossed around in relation to Ethereum, the second-largest blockchain by the market capitalization of its cryptocurrency. While some see it as a joke, a tokenized home — yes, an entire property — was purported...
Troubles for QuadrigaCX as Investors Demand Exhumation of Dead...Source: CryptoNewsZThe ghost of deceased CEO Gerald Cotten seems to be haunting the now defunct Canadian crypto exchange QuadrigaCX, as the investors are now demanding to exhume his body. Lawyers of the investors who lost Bitcoins worth over $190 million have asked the Royal Canadian Mounted Police to conduct an exhumation and postmortem autopsy to find …
Bitcoin Price Analysis: Bollinger Suggests HUGE BTC Move Coming Up...Source: Crypto PotatoThe BTC consolidation continues: for the past four days, Bitcoin’s price range had been shrunk to $150 only. From above $7300, from below $7150. This is coming after almost two weeks, since December began, of nearly zero volatility. The only people who benefit from such a market are those who run crypto margin exchanges. However, […]
3 Reasons why fundamentals are strong for Ethereum: ConsenSys...Source: CryptoSlateEthereum has seen an increase in user activity throughout 2019. Backed by the strong growth of DeFi, the ecosystem is expected to expand rapidly entering into 2020. According to Joseph Lubin, the co-founder of ConsenSys which is considered to be the largest blockchain development software firm, the fundamentals of Ethereum are strengthening. Optimistic numbers for […]
Vitalik Buterin: Ethereum Foundation Made $100 Million by Selling ETH...Source: BitcoinistAccording to a recent statement by Vitalik Buterin, he managed to convince the Ethereum Foundation to sell 70,000 ETH at the height of 2017’s parabolic run, resulting in a $100 million liquidity. ETH is still the second-largest cryptocurrency by market cap. However, its price today is nowhere near what it used to be two years ago. Volatility has taken a hit and a break out seems all the less likely. Ethereum Foundation Sold 70,000 ETHRead...
The US-based health insurance company Anthem to use blockchain...Source: CoinnounceAccording to the Forbes report, US health insurance company Anthem is looking to secure medical data using the blockchain technology. Currently, it is testing the feature for a small group of numbers, but in a few years, all of its 40 million members will have access to it. Blockchain eliminates trust issues for the […]