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Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System

Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create a pathway that leads to the attainment of […] дальше »

2021-6-9 06:30


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Alternative Mining Algorithms Reap Higher Profits Than Bitcoin Mining in 2021

Cryptocurrencies have jumped quite a bit in value over the course of the year and miners who verify transactions and earn digital assets have seen significant profits. While bitcoin miners have been seeing daily profits rise, a great number of other mineable digital currencies are pulling in much larger yields. Blake256R14 and Ethash Machines Pull […] дальше »

2021-6-5 22:00


Bitcoin is An Alternative to Copper As A ‘Risk-On’ Inflation Hedge Instead of ‘Risk-Off’ Gold: Goldman Sachs Analyst

Instead of gold, cryptocurrencies are an alternative to copper as a hedge against inflation, said Jeff Currie, global head of commodities research at Goldman Sachs. Bitcoin has been deemed as a hedge against the rising prices, giving competition to the traditional safe-haven asset precious metal. дальше »

2021-6-3 19:51


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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […] дальше »

2021-6-1 15:30


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Apple Hiring Manager With Cryptocurrency Experience to Launch New Alternative Payments Programs

Apple Inc. has posted a job notice for a business development manager with cryptocurrency experience. “This position will be responsible for the end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new programs,” the job posting describes. дальше »

2021-5-28 18:00


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Trillion-Dollar Tech Giant Apple Could Be About To Storm The Crypto Space In Grand Style

Apple has posted a job opening for a business development manager to head its “alternative payments” partnership program who is also versed in cryptocurrency and blockchain tech. The company has maintained a strict payment system over the years and crypto has never been an acceptable form of payment in its App Store. However, the listing […] дальше »

2021-5-27 20:22


Burstcoin was the real green alternative until Chia Network raised $69.7M on a concept of Proof of Capacity

The two biggest consensus mechanisms known in the crypto universe are Proof-of-Work and Proof-of-Stake, created by Satoshi Nakamoto and Sunny King(PeerCoin), respectively. Since creating these mechanisms to support the underlying technology of blockchain, there have been many other alternatives to reduce energy consumption and introduce a new method of mining using hard disks called Proof-of-Capacity, […] The post Burstcoin was the real green alternative until Chia Network raised $69. дальше »

2021-5-27 15:00


PwC Report: Boom Time For DeFi Sector As Crypto Hedge Funds Show Growing Interest

A newly released report by PricewaterhouseCoopers (PwC) and Alternative Investment Management Association (AIMA) has shown that hedge funds' interest in decentralized finance (DeFi) is growing. The research titled the 2020 Global Crypto Hedge Fund Report was conducted in Q1 2020, polling responses from the world's largest global crypto hedge funds by assets under management (AUM). дальше »

2021-5-24 21:05


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Report: South African Taxes and Smuggling Behind Gold’s Price Distortions in Zimbabwe

Despite gold’s longstanding status as an alternative store of value, the commodity continues to experience unusual price variations in countries like South Africa and Zimbabwe. In turn, such price variances, as well as the rampant smuggling of the commodity, are distorting the precious metal’s actual production figures. дальше »

2021-5-18 10:00


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Decentralized Stablecoin DAI Goes Live on RSK Blockchain as rDAI

The most popular decentralized stablecoin Dai (DAI) is now live on RSK network. An Alternative to Escaping High Ethereum Fees Since the famed DeFi “summer of 2020” a major pain point on the Ethereum network has hindered small and retail investors from enjoying the benefits of DeFi – the exorbitant transaction fees.  The high transactionRead More дальше »

2021-5-11 15:00


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World’s Leading Auction House Sotheby Now Accepts Bitcoin And Ethereum For Payments Via Partnership With Coinbase

One of the world’s most respected auction houses, Sotheby, is now accepting two leading cryptocurrencies as a form of payment. Sotheby Will Let You Pay For Artwork Using Bitcoin, Ethereum An increasing number of companies have started to accept digital currencies as a payment alternative, taking the asset class that had been dismissed by traditional […] дальше »

2021-5-4 18:03


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Some African Crypto Users See Bitcoin as an Alternative Source of Retirement Income

Bitcoin use cases in African countries continue to expand with the latest one being its use as an alternative source of retirement income. On a continent plagued by high inflation and unstable currencies, bitcoin, which is decentralized and censorship-resistant, is seen “as a safer source to contribute to for retirement.” According to a local report, […] дальше »

2021-5-2 11:30


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Major State-Owned Banks Promote Digital Yuan Over Alipay and Wechat Pay

Six leading Chinese banks are promoting the digital yuan as a better alternative to existing major payment providers WeChat Pay and Alipay, ahead of an upcoming shopping festival. Banks Push for Digital Yuan Usage for Shopping Festival According to Reuters on Monday (April 26, 2021), China’s major state-owned banks are pushing the use of theRead More дальше »

2021-4-26 23:00


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Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis

When a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic […] дальше »

2021-4-21 23:30