Category: Blockchain

Amazon Inc. may soon let users pay for products using cryptocurrencies as the eCommerce giant is looking to add a blockchain and digital currency expert to its payment team. The company recently posted a job listing seeking to hire an experienced digital currency and blockchain product lead to work closely in the payment acceptance and

The news about Bitcoin (BTC) ranging between the $30K and $40K levels has continued for weeks. The top cryptocurrency found itself in this territory after plummeting from an all-time high (ATH) of $64.8K recorded in mid-April. Bitcoin recently broke this level and dropped below the psychological price of $30,000 to hit lows of $29K.  Nevertheless,

Bitcoin has found itself in a swing position for more than two months now based on its stagnation in the $30-$40K range. This situation has been caused by low volatility and intensified crackdown on crypto mining by Chinese authorities.  The battle between long-term and short-term holders has also played a part in their contrary positions

The Central Bank of Nigeria (CBN) officially announced that it will officially pilot its central bank digital currency (CBDC) on the Hyperledger Fabric blockchain on October 1. Rakiya Mohammed, Director of Information Technology at the Bank of Nigeria, stated in a webinar that it is possible to conduct a corresponding proof of concept (POC) by

Ethereum (ETH) was up by 9.72% in the past week to breach the psychological price of $2K during intraday trading. ETH’s price stood at $2,056 as the second-largest cryptocurrency continues to gain momentum. Market analyst Lark Davis believes that the upgrade of Ethereum 2.0 will prompt a 90% daily emission reduction from 12,800 to 1,280.

Bitcoin Depot, a Bitcoin operator, based in Atlanta, Georgia, announced its cryptocurrency ATM business expansion to Circle K convenience stores in more than 30 states in Canada and the United States. Reportedly, more than 700 cryptocurrency ATMs will be provided to customers for purchasing more than 30 cryptocurrencies, such as Bitcoin, BTC, and Ethereum, which will

The Bank of Russia published a notice and explanatory letter on Thursday, July 22, instructing stock exchanges in the country not to list investment products related to crypto prices. According to the recommendation letter, the central bank ordered stock exchange operators not to list securities like exchange-traded funds, which offer payments based on the prices

JPMorgan Chase Bank has announced that it now allows all of its wealth management clients to access crypto funds. In an internal memo written last week on July 19, the bank informed its advisers to buy and sell orders from its wealth management clients for crypto products. Advisers in JPMorgan’s wealth management division can now

Depressed sentiment continues to override amid investors and the crypto market. A monthly report shows that data of assets under management (AUM) declined 14% compared to the previous month, according to the CryptoCompare report. Meanwhile, the total trading volumes plummeted by 35.4% across all digital-asset investment product markets. In the July edition of the Digital Asset

Currency.com, the fast-growing encryption platform in Europe, has officially announced that it will join CryptoUK, the trade association of the UK’s encrypted digital industry, as an executive member. Currency.com, the world’s first regulated tokenized assets exchange to trade fast and securely, became the tenth executive member to join the organization. Other executive members of CryptoUK