Category: Blockchain

The Central American Bank for Economic Integration (CABEI) believes that other central American countries could adopt Bitcoin as legal tender to follow El Salvador. The executives of CABEI recently talked to Reuters. They revealed that Central American countries are eagerly awaiting to see if El Salvador’s bitcoin adoption as a parallel legal tender could cut

American social media giant Facebook Inc is working on integrating Non-Fungible Tokens (NFTs) in its soon to be launched Novi Digital Wallet.  Speaking to Bloomberg TV, David Marcus, the Facebook executive in charge of the firm’s crypto development, revealed that the firm is working to integrate NFTs to support the consumers using the innovative wallet. “We’re

Will Litecoin Double Again by the End of 2021? Litecoin was developed and released in 2011 by Charlie Lee and has been one of the top ten cryptocurrencies in terms of market cap for the major part of the last decade. However, Litecoin’s market cap has recently witnessed a downturn and it currently ranks at

According to a report by Allied Market Research, a US-based market research and advisory company, the global crypto market is expected to rise from $1.49 billion registered in 2020 to $4.94 billion by 2030, while recording a compound annual growth rate (CAGR) of 12.8% from 2021 to 2030.  Allied Market Research noted that an increase

The major Swiss-based fintech firms, Crypto Finance Group, InCore Bank, and Inacta have tapped the Tezos blockchain as the choice network to host innovative, compliant on-chain digital financial products. As contained in a joint press release, the smart contracts are designed based on a new tokenisation standard, DAR-1, which draws on the scalability, negligible cost and

American business intelligence and software firm MicroStrategy has again inspired the cryptocurrency ecosystem with its Bitcoin (BTC) accumulation. Taking to Twitter, the company’s Chief Executive Officer (CEO), Michael Saylor, announced a new acquisition of 3907 units of the premier digital currency at an approximate price of $45,294 per coin. “MicroStrategy has purchased an additional 3,907 bitcoins

Bitcoin (BTC) was down by 4.51% in the last 24 hours to hit $47,407 during intraday trading, according to CoinMarketCap. The leading cryptocurrency had pulled back to this level after breaching the psychological price of $50K on August 23. The market analyst explained this could partly be triggered by an increase in BTC inflows to crypto

Australians have continued to count their losses as many have reportedly fallen victim to various investment scams. According to a press release issued by the Australian Competition and Consumer Commission (ACCC), Investment scams reported to Scamwatch have cost Australians over $70 million in the first half of this year. This figure surpassed the total reported losses for

PAWS Chicago, a large-scale No-Kill animal rescue organization in the Midwestern United States, and Leo Burnett, a creative solutions company, launched a cryptocurrency donation event called “Dogenations”. According to the official announcement, PAWS Chicago will accept donations of mainstream tokens such as Dogecoin (DOGE), including Bitcoin and Ethereum, to establish the PAWS Chicago Medical Center