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Subcontractors and Builders Located in China’s Xiong’an New Area Are Being Paid in Digital Yuan 

Subcontractors and Builders Located in China's Xiong'an New Area Are Being Paid in Digital YuanXiong’an New Area, a state-level new area in Hebei, China, is seeing the use of onchain digital yuan payments, according to a circular issued by the Xiong’an government. The announcement details that Xiong’an subcontractors and builders are being paid using the central bank digital currency (CBDC) via the People’s Bank of China and the new […]

Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report Reveals

Crypto Cyberthreats Spike This Year With Russia Hit the Hardest, Report RevealsCyberthreats related to cryptocurrencies have increased with rising demand for the digital assets, a study has concluded. Russia, Thailand and Peru are the most affected countries by malicious attacks designed to exploit the heightened interest in decentralized money, the authors point out. Booming Crypto Markets Bring Out Cybercriminals Despite the ongoing Covid pandemic still leading […]

After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to ‘Market Forces’

Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s remarks come just a few weeks after the official naira exchange rate dropped […]

Bware Labs Makes It High-Performance Decentralized Node Network Available to the Public

Bware Labs Makes It High-Performance Decentralized Node Network Available to the Public

Bware Labs, a decentralized infrastructure that provides an interface between Blockchain APIs consumers and node providers, has released the MVP for its platform. According to the announcement, Bware labs has finally shared the MVP with the public or otherwise referred to as a functional prototype. This new development will allow users to set up a […]

Elon Musk’s ‘50% Clean Energy’ Bitcoin Mining Goal Will Be Complicated To Verify

Elon Musk's '50% Clean Energy' Bitcoin Mining Goal Will be Complicated to VerifyOn Sunday, Tesla’s CEO Elon Musk tweeted that when there’s “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” However, there’s a big problem with this goal, as nobody knows exactly how to measure 50% clean energy usage let alone precisely where miners are geographically […]

Bware Labs Launches MVP of High Performance Decentralized Node Network

Bware Labs Launches MVP of High Performance Decentralized Node Network 3

Bucharest, Romania, 14th June, 2021, Bware Labs, a startup developing a decentralized API platform that aligns incentives between end users and node providers, has released the MVP, or functional prototype, of their platform to the public. Users can now set up a dedicated node endpoint with just four clicks, obtaining access to blockchain data through […]

Analyst Claims Bitcoin Will Break $40K Threshold, S2F Audit Shows BTC Could Tackle $85K by Year’s End

Bitcoin prices have been range-bound and consolidating for quite some time but jumped over 9% in the last 24 hours after Elon Musk’s tweet on Sunday. A number of crypto analysts are still unsure about bitcoin’s future price while a few expect a rebound from last month’s lows. One market report notes that bitcoin will […]

Experts: Regulatory Uncertainty and Slow Embrace Hampering Crypto Growth in Kenya

Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s sector will remain open to fraud. Kenya’s Embrace of Crypto Slow, Exchange Reps Point […]

A Look at How Second Life’s Linden Dollars Helped Kickstart Bitcoin’s Value

A Look at How Second Life's Linden Dollars Helped Kickstart Bitcoin's ValueWhen people think about bitcoin’s past they sometimes refer to subjects like Mt Gox, the Silk Road, or the famous pizza transaction. Although, people often forget that the online virtual world Second Life played an important role during the Bitcoin network’s early years. In fact, some large Linden dollar (L$) holders who swapped their virtual […]