Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank ‘Actively Working’ With Turkey on New Payment Gateways The Central Bank of Russia (CBR)…
Bitcoin (BTC) may be struggling at $30,000, but under the hood, all-time highs of a different kind keep coming. The latest data shows that Bitcoin network fundamentals — difficulty and hash rate — will hit new records this week. Bitcoin mining difficulty, hash rate refuse to slow down Bitcoin’s 2023 recovery has been about more than just BTC price action,…
Bitcoin’s price dropped by over 4.5% Wednesday morning in the space of a few hours, reaching new weekly lows of $29,158, per data from CoinGecko. At present, Bitcoin is trading at around $29,275, down over 2% on the day. The total market capitalization of all cryptocurrencies fell at a similar pace with Bitcoin, dropping by 3.7% over the last 24…
press release PRESS RELEASE. Recently, CoinEx Charity has kicked off its second educational welfare program in Türkiye. In the first program, all the students receiving donations have continued their studies in the new semester. Since last year, CoinEx Charity has participated in the Umudum Scholarship Program initiated by the local charity organization Kacuv in Türkiye, offering support in tuition to…
Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed wo… Source: https://cointelegraph.com/public/index.php/news/australia-installed-more-bitcoin-atms-than-entire-asia
The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a blockchain-powered settlements system between the central banks. The insights of Project Meridian will be used by the Bank of England in its Real-Time Gross Settlement (RTGS) system. On April 19, the official site of the BIS published a report about the joint…
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 Series ASIC In February 2022,…
Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has formed an alliance with CityPay.io, a startup specializing in crypto payments located in Georgia. This partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payment alternatives for their products and services. According to the announcement, by partnering with CityPay.io, Gate.io…
In brief Artificial intelligence (AI) as a concept dates back to ancient times, but modern AI began in the mid-20th century with pioneers like Alan Turing. I- n the 1950s, computers were not advanced enough to develop AI, and they were far too costly for most (leasing fees could run up to $200,000 per month). Newell, Shaw, and Simon created…
Cardano is one of the largest layer-1 blockchain solutions by market capitalization. The project is being driven by Input-Output (a Charles Hoskinson company), Emurgo and the Cardano Foundation. The chain was named after the Italian mathematician Gerolamo Cardano and its token ADA is named after the 19th-century mathematician Ada Lovelace. Cardano uses Ouroboros, a proof-of-stake (PoS) consensus mechanism where ADA…
