India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to Pilot India’s CBDC With Public-Sector Banks The Reserve Bank of India (RBI), the country’s central bank, has reportedly asked four public-sector banks to trial India’s central bank digital currency (CBDC),…
Venture capital firms poured $14.2 billion into crypto across 725 deals in the first half of 2022, but big four accounting firm KPMG predicts investments will likely slow for the remainder of the year. According to a newly released KPMG report on Sept. 6, the largest investments in H1 2022 came from German-based crypto trading platform Trade Republic ($1.1 billion), digital asset…
Mining infrastructure companies Hive Blockchain and Hut 8 Mining Corp. today released notices that detail how their businesses plan to pivot away from Ethereum mining. As the mid-September window for the Ethereum merge draws closer, the final days of proof-of-work mining on Ethereum are here. The merge upgrade will transition Ethereum to a proof-of-stake system, which is forcing miners to…
Watch This Episode On YouTube or Rumble Listen To The Episode Here: In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost discussed the Bitcoin Core development process, and more specifically, the different roles that are involved in this process. At the start of the episode, van Wirdum and Provoost explained what Bitcoin Core is, both in a practical…
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities in Russia Consider Legalizing International Cryptocurrency Payments In the current conditions, “it is impossible to do without…
The David Bowie estate is launching NFTs with OpenSea next week, but many Bowie fans aren’t impressed. Nine different visual artists have created Bowie-inspired NFTs as a part of the “Bowie on the Blockchain” NFT launch, with 100% of the proceeds to be donated to CARE, a nonprofit organization focused on fighting world hunger and global poverty. Before his passing…
This is an opinion editorial by Pierre Corbin, the producer and director of “The Great Reset And The Rise of Bitcoin” documentary. In his book, William N. Goetzmann describes that there have been periods in history during which people had greater financial education than the general public has today.1 One such period was during the great times of Ancient Greece,…
Some Bitcoiners have been reluctant to say that the Ethereum merge will have any impact on their crypto asset of choice, but don’t count Dan Held among them. The head of growth marketing at Kraken and prominent Bitcoin influencer, who these days calls himself a Bitcoin “mostamalist” (rather than the fraught “maximalist”), said on the latest episode of Decrypt’s gm…
This is an opinion editorial by Kudzai Kutukwa, a passionate financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s top-20 young entrepreneurs under 30. The United Fruit Company (AKA El Pulpo which means “the octopus”) was an American company that had an overarching presence in Latin American countries. They grew and traded all kinds…
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming next year with our friends at [Trezor].” Trezor Says Company Is ‘Working on a Coinjoin Implementation’ According to Trezor…
