A working paper released in English by the People’s Bank of China cites cryptocurrencies as an important context for the digital yuan’s development and reveals that the digital currency will use smart contracts to allow for programmability. Much attention has been paid to the global, geopolitical implications of China’s rapid and pioneering development of its […]
NGO Announces Plan to Use NFTs for Famine Victims of Ethiopia Tigray War
A non-governmental organization (NGO), Save Tigray, has announced it will be using the proceeds from the sale of non-fungible tokens (NFTs) to support its goal of averting famine in Ethiopia’s war-torn Tigray region. According to Save Tigray, the NFTs, which are “based on interpreted photos of the tragedy,” will be sold on the charity organization’s […]
Jack Dorsey: Square to CreateNew Business Dubbed TBD with Bitcoin as Primary Focus
Coinspeaker Jack Dorsey: Square to CreateNew Business Dubbed TBD with Bitcoin as Primary Focus Square Inc (NYSE: SQ) is set to create a new business unit dubbed TBD with a primary focus on Bitcoin, Twitter CEO Jack Dorsey announced yesterday. According to the tweets, the new business unit will build an open developer platform to […]
Hong Kong’s Prenetics Closing to $1.3 Billion SPAC Merger
Coinspeaker Hong Kong’s Prenetics Closing to $1.3 Billion SPAC Merger Hong Kong’s leader in digital health and genetic testing Prenetics Ltd is planning to conduct a SPAC merger with Artisan Acquisition Corp (NASDAQ: ARTA), Cayman Islands-based special purpose acquisition company. According to those familiar with the matter, the deal will bring the valuation of a new […]
Kazakhstan Becomes Third Leading Crypto Miner, China Falls Back by 75%
Coinspeaker Kazakhstan Becomes Third Leading Crypto Miner, China Falls Back by 75% China’s share in crypto mining has registered a noticeable fall as the nation has been adamant about suppressing crypto transactions citing environmental concerns. The nation’s average bitcoin mining rate has fallen by 75%. On the contrary, Kazakhstan has emerged as a promising crypto […]
PayPal Users in US Can Now Make Weekly Purchase of Up to $100,000 in Crypto
Coinspeaker PayPal Users in US Can Now Make Weekly Purchase of Up to $100,000 in Crypto PayPal Holdings Inc (NASDAQ: PYPL), one of the largest online payments systems, in a recent announcement confirmed that the weekly crypto purchase limit has been increased from $20000 to $100000. Besides raising the purchase limit, PayPal has also removed the annual […]
Vitalik Buterin to Be Interviewed for Ethereum Movie Documentary
Coinspeaker Vitalik Buterin to Be Interviewed for Ethereum Movie Documentary A movie production company, the Optimist, is looking to interview Vitalik Buterin and produce a feature-length documentary on Ethereum. The documentary titled, ‘Ethereum: The Infinite Garden’ aims to detail the challenges and rewards associated with building a new world. It is the first of its […]
Jackson City in Tennessee Plans to Accept Property Tax Payment in Bitcoin
US Jackson City in Tennessee State intends to permit its residents to pay property tax in Bitcoin, Mayor Scott Conger reveals. (Read More)
Swiss Digital Asset Bank Sygnum Partnered with Artemundi to Issue Picasso NFT Painting for $6K per Share
The Swiss bank of digital asset management, Sygnum, announced that it has partnered with industry-leading art investment company Artemundi to sell the ownership stake in Pablo Picasso’s NFT painting at a price of $6,000 per share. (Read More)
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum’s price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple. (Read More)