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“# Staying cool: Is crypto snowballing to 1 billion users this year? ” Crypto.com raised a few eyebrows this past week when it announced cryptocurrency users worldwide could reach 1 billion by the end of 2022. The timing was curious, given that Bitcoin (BTC) and many other cryptos are entwined in one of the largest…
“# Google Cloud ramps up blockchain efforts by launching digital assets team ” Blockchain, cryptocurrency and decentralized technology are all fascinating topics that have been heating up for almost a decade. Nowadays, everyone wants to be part of cutting-edge innovations. A Thursday announcement by Yolande Piazza, Google Cloud’s VP Financial Services, said the firm has established…
“# Chinese food delivery giant joins CBDC efforts ” China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services. Meituan users can link the digital yuan wallet to their service app and use it for a range of daily services such as booking…
“# Crypto firms ignore Africa at their peril as continent set for major adoption ” Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa, in particular, is a…
“# No regrets for NYC mayor receiving his first Bitcoin paycheck during dip ” Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th Mayor of New York City. He received his first Bitcoin payout on Friday during some epic downward price action, and was…
“# How to pick or analyze altcoins? ” What are altcoins? The word “altcoin” is derived from “alternative” and “coin.” Altcoins refer to all alternatives to Bitcoin. Altcoins are cryptocurrencies that share characteristics with Bitcoin (BTC). For example, Bitcoin and altcoins have a similar basic framework. Altcoins also function like peer-to-peer (P2P) systems and share…
“# Bulgaria’s finance minister says country is exploring crypto payment options: report ” Assen Vassilev, Bulgaria’s Deputy Prime Minister for EU Funds and Minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism. According to a Friday Bloomberg report, Vassilev said the government was in discussion with…
“# Crypto staking: How to pick the best staking coins for passive income ” What is crypto staking? Crypto staking involves locking up one’s cryptocurrency holdings to earn interest or rewards. Technically, “staking” is how certain blockchain networks verify transactions. From an investor’s perspective, staking cryptocurrency is a way of growing one’s crypto holdings without…
“# Iran to reportedly pilot central bank digital currency soon ” The Central Bank of Iran (CBI) is reportedly planning to launch a central bank digital currency (CBDC) pilot soon. According to a report by the Iranian Labour News Agency, the CBI vice governor said that CBDCs could help the country resolv financial inconsistencies. The development…
“# Altcoin Roundup: 3 ways blockchain technology could further mainstream in 2022 ” 2021 was a breakout year for the cryptocurrency sector and this year is expected to see an extension of the “mass adoption” trend. Public awareness of blockchain technology is on the rise and a new cohort of projects designed to fill more…