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This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened

One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner). While many libertarians see... дальше »

2020-2-22 08:19


Brazil Central Bank To Roll Out PIX, A Non-Crypto, QR-Based ‘Near Instant’ Payment System

Brazil’s Central Bank is set to launch a new payment system which it claims will offer near instant fund transfers. The new payment system is set to be released in November, Cointelegraph reports. The new system will be referred to as PIX, a short form for Brazil’s Instant Payment Scheme. The platform will allow for […] дальше »

2020-2-20 22:06


South Korea’s Central Bank Set To Use Blockchain Technology For Bond Transactions

Bank of South Korea, the country’s central bank, has become the latest central bank to explore blockchain technology to enhance efficiency as well as transparency in interbanking processes. South Korea’s central bank is now seeking to emulate the World Bank which successfully introduced the use of blockchain technology in bond transactions. According to Cointelegraph the […] дальше »

2020-2-19 01:10


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Coronavirus Forces China to Sanitize Billions in Paper Money, Bitcoin Avoids Such Precautions

China’s central bank, The People’s Bank of China (PBoC), plans to sanitize billions of yuan notes in areas that are worst affected by the coronavirus. The epidemic, which has hit China’s political, economic, and education systems very hard, has pushed the nation’s authorities to take extreme actions to curb the spread of the virus. дальше »

2020-2-19 23:20