In 2018, a 15-year girl from Sweden made the world reel. The girl began spending her school days outside the Swedish parliament and called for stronger action on climate change. Her active position and straightforward speeches quickly made her famous. Now this girl, Greta Thunberg, is one of the most hotly discussed youth activists who sparked an international movement to fight climate change.After Greta delivers a speech at various forums and conferences, everyone and his brother discuss her...
Read More »Hong Kong And Thailand’s Central Banks Closer To Issuing Their Own Cryptocurrency (CBDC)
The central banks of Hong Kong and Thailand revealed today in a published report that they are a step closer to creating a joint Central Bank Digital Currency (CBDC) to facilitate efficient payments between the two countries.The banks confirmed that the upcoming CBDC dubbed Project Inthanon-LionRock is technically feasible and will utilize the blockchain technology to make cross border settlements more transparent and cheaper with reduced risks. CBDC Could Streamline Global PaymentsThe Hong...
Read More »Ethereum Officially Launches 1 Million Developer Challenge
The Ethereum challenge is an open movement that is dedicated to growing the developer ecosystem. ConsenSys Jim Jagielski tweeted that they officially launched the 1 million developer effort.Join me as we "officially" kick off our #1milliondev effort, dedicated to growing the #Ethereum and #Web3 communities by 1 million developers and contributors. Let's leverage #opensource in this endeavor! c @ConsenSys https://t.co/Rs2whnS8z1— Jim Jagielski (@jimjag) January 20, 2020However, the way how the...
Read More »Second Bitcoin Lightning Torch On The Move – Already Above 0.01 BTC
The second version of the “Lightning Torch” (LN Trust Chain 2.0) was recently launched on its birthday, and the community keeps spreading it around the globe. Its primary purpose continues to be the same – to raise people’s awareness of the benefits of Bitcoin’s off-chain scaling solution – the Lightning Network.The New Lightning Torch: LN Trust Chain 2.0The “Lightning Torch” started as a fun initiative on January 19th, 2019, to bring more attention to Bitcoin’s off-chain scaling solution –...
Read More »Ripple-Backed MoneyGram Partners with Lulu Exchange to Expand in Asian-Pacific Region
Ripple‘s partner MoneyGram, a leading payment provider, has continued to position itself among the leaders in cross-border crypto payments. After its major deal with Ripple for On-Demand Liquidity in 2019 worth $50 million, the company has now announced a new collaboration with Lulu Exchange.The exchange ranks among the most prominent crypto and non-banking finance providers in the United Arab Emirates region. Lulu has its headquarters in Abu Dhabi and operates more than 180 active...
Read More »Ripple CEO Brad Garlinghouse Believes U.S. Will Welcome Company’s Payment Solutions
Ripple Labs is currently involved in a serious legal battle, as we have already reported. However, it doesn’t prevent the company from being rather positive about its future. And there are some grounds for it.The World Economic Forum 2020 kicked-off yesterday, January 21, in Davos, Switzerland. As expected, global leaders met during the first day of the event with the U.S. Treasury Secretary Steven Mnuchin speaking on the transformation of the payments industry.Muchin said that the U.S....
Read More »Nick Szabo and Tony Hawk: First Bitcoin 2020 Speakers Announced
Bitcoin 2020 aims to unite and celebrate around the original cryptocurrencySan Francisco, CA — Returning for a second consecutive year, Bitcoin 2020, a two-day conference, will be held at SVN West in San Francisco from March 27 to 28, 2020. Bitcoin 2020 has announced its first two featured speakers: Legendary cryptographer and polymath Nick Szabo and skateboarding icon and Bitcoin enthusiast Tony Hawk. By assembling groundbreaking innovators who have directly shaped Bitcoin as well as...
Read More »Vodafone Joins Companies that Quit Facebook-Run Libra Association
British multinational telecommunications conglomerate Vodafone has quit Facebook‘s Libra Association. Both Vodafone and Libra have already confirmed the information.According to Vodafone, they will use resources intended for Libra to develop its digital payment service M-Pesa. M-Pesa enables customers to send, receive and store money securely via a basic smartphone. Used mostly in Africa, the service enables all businesses to collect payments, make stock purchases and pay salaries. Moreover,...
Read More »Cardano (ADA) Price Analysis: Rally Could Accelerate Above $0.05
ADA price is trading in a solid uptrend above the $0.0430 support resistance against the US Dollar.The price is likely to accelerate gains above the $0.0500 resistance in the near term.There is a major ascending channel forming with support near $0.0435 on the 4-hours chart (data feed via Kraken).The price could surge towards $0.0550 and $0.0650 if it settles above the $0.0500 resistance area.Cardano price is showing a lot of positive signs against the US Dollar, similar to bitcoin. ADA price...
Read More »Bank of England and Five Other Central Banks to Assess Benefits of CBDC
It has become known that United Kingdom premier Boris Johnson’s government has lost its first parliamentary votes since the snap general election because the House of Lords applied three defeats over Brexit legislation.The upper chamber voted in favor of giving physical documents as proof of their right to stay to EU citizens who live in the UK to be, once the country has left the bloc. On January 17, European Parliament Brexit coordinator Guy Verhofstadt said that the country will not...
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