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20.05.2024

Hong Kong Joins CBDC Testing

Hong Kong is joining the testing of the digital yuan: residents of the city will be able to create wallets and use CBDC to pay for goods and services in both Hong Kong and mainland China.

17.05.2024

Non-EVM Blockchains Outperform EVM-Compatible Networks in Transaction Speed CopyRetry

According to CoinGecko, blockchains that do not support the Ethereum Virtual Machine (EVM) exhibit significantly higher transaction processing speeds compared to EVM-compatible networks. On average, non-EVM blockchains are able to conduct transactions approximately four times faster than their EVM counterparts.

15.05.2024

Bitcoin is a safe haven for investors during inflation

Bitcoin is a safe haven for investors during times of inflation. Limited supply, independence from central banks and growing institutional interest make BTC an attractive asset.

12.05.2024

The Central Bank of Rwanda has presented a project to create an infrastructure for digital currency transactions

The Central Bank of Rwanda is preparing to issue a digital currency (CBDC) to modernize the financial system and increase the accessibility of banking services. The regulator has presented a project to create an infrastructure for token transactions and plans to amend legislation to expand its powers in the sphere of control over the financial system.

10.05.2024

Christopher Giancarlo: Digital Currencies Must Guarantee the Right to Financial Freedom

Former CFTC Chair Christopher Giancarlo advocates for ensuring financial freedom in the era of digital currencies. He believes that CBDCs and stablecoins should guarantee the right to freely manage funds, following the principle of freedom that underlies the foundation of the internet. Giancarlo emphasizes the need for a balance between regulation and freedom in the cryptocurrency sphere to foster innovation and protect user rights.

05.05.2024

Bitcoin has broken through the $64,000 mark: can the cryptocurrency remain at a new level?

Bitcoin surpassed the $64,000 mark, but analysts doubt its ability to hold at the new level. Altcoins are regaining their positions; however, pressure from macroeconomic factors and the Federal Reserve's decision to maintain a high interest rate weaken the attractiveness of the cryptosphere.

05.05.2024

Financial Triumph for Coinbase: Q1 2024 Results Surpass Analysts' Expectations

Crypto exchange Coinbase reported impressive financial results in the first quarter of 2024, surpassing analysts' forecasts. Revenue reached $1.58 billion, while net profit soared to $1.17 billion. The number of mobile app downloads and trading volumes are on the rise. Coinbase's stock has grown by 30% since the beginning of the year, reflecting strengthening investor confidence.

27.04.2024

The developers of Phoenix Wallet and Wasabi Wallet announced the cessation of work in the USA

Cryptocurrency wallets Phoenix Wallet and Wasabi Wallet are leaving the US market due to tightening regulation. Authorities may equate non-custodial wallets with financial services. Users were given time to withdraw funds.

25.04.2024

Binance at risk of losing users in the Philippines

The Philippine Securities and Exchange Commission (SEC) is demanding that Google and Apple remove the mobile application of the cryptocurrency exchange Binance due to its lack of a license and the offering of unregistered securities. Find out how this may affect Binance's Filipino users.

21.04.2024

Fourth Bitcoin halving: record prices

On April 20, 2024, the fourth Bitcoin halving took place, resulting in a 50% reduction in the reward for mining new blocks. For the first time in history, the price of BTC reached a record high of $73,000 even before the halving, driven by high demand from American exchange-traded funds (ETFs). Find out how the halving affects the cryptocurrency market and what makes the 2024 halving unique.