Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition. Source: https://cointelegraph.com/news/top-3-reasons-why-bitcoin-hash-rate-continues-to-attain-new-all-time-highs
India’s central bank, the Reserve Bank of India (RBI), says it will soon commence “limited pilot launches” of the country’s digital currency (digital rupee) for specific use cases. The central bank explained that “multiple technological options shall be tested and based on the outcomes, the final architecture shall be decided.” RBI Prepares to Launch Digital Rupee Pilot India’s central bank,…
This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai, a bitcoin-only investment app. Traditional banks are short-changing customers by failing to reflect inflationary changes in the saving account interest rates they offer. On average, these accounts sit at 0.3% in the U.S. — a nominal rate in the context of today’s economic landscape. Some might…
Payments giant Visa is launching crypto debit cards in more than 40 countries in partnership with cryptocurrency exchange FTX. “At Visa, we believe that digital currencies will have a lasting impact on the future of financial services and money movement,” said a Visa executive. Visa and FTX Launching Crypto Debit Cards in Over 40 Countries Visa announced Friday “a long-term…
When blockchain projects show their technology has something to offer that traditional internet doesn’t, big investors will get on board. Source: https://cointelegraph.com/news/killing-more-worthless-projects-would-be-a-win-for-crypto
This is an opinion editorial by Dennis Fassuliotis, founder of South Carolina Blockchain Inc. and co-founder of South Carolina Emerging Technology Association, Inc. A South Carolina delegation made up of a diverse group of business leaders, rural health officials and individuals interested in the expansion of bitcoin, including State Treasurer Curtis Loftis, recently returned from an exploratory trip to El…
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has explained why he buys bitcoin. Citing inflation, he detailed that pension funds are investing in cryptocurrency, adding that they know “fake” money, stocks, and bonds “are toast.” Robert Kiyosaki on Why He Buys Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, shared why he…
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems. Source: https://cointelegraph.com/news/critics-can-t-stop-nfts-from-becoming-a-mainstay-of-daily-life
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass the restrictions. Meanwhile, major exchanges have reportedly informed Russian users that trading continues. Russians Find Ways to Circumvent Mounting…
A new Paypal user policy that permits the company to fine users $2,500 for spreading “misinformation” has caused quite a stir on social media platforms. After November 3, anyone who posts or publishes information or content to “promote misinformation” will be subject to the penalty. Paypal’s New User Agreement Clause Says It Can Pull $2,500 in Funds From Users That…
