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“# EU appoints major finserv firm to lead blockchain social media project ” The executive body of the European Union has appointed a major financial services firm to lead a three-year initiative aimed at boosting the integrity of social media posts using blockchain technology. Dubbed “TruBlo,” the project will oversee a wealth of blockchain development…
“# Russian mobile carriers consider smartphone integration for digital ruble ” Major Russian mobile network operators like MegaFon and Beeline are considering how the digital ruble will function on their mobile devices. According to a Feb. 16 report by local news agency Izvestia, Beeline and MegaFon proposed to set up smartphone wallets for Russia’s central…
“# Ethereum 2.0 set to undergo first hard fork upgrade ” Ethereum co-founder Vitalik Buterin published a plan on Monday for the first hard fork of the new Ethereum 2.0 Beacon Chain, tentatively named HF1. The hard fork would allow the developers to introduce several key upgrades to the recently launched Beacon Chain, which would…
“# India crypto ban is like banning internet, says former Coinbase CTO ” Former Coinbase chief technology officer Balaji Srinivasan thinks India’s impending cryptocurrency ban would be akin to banning the internet and could cost the country trillions of dollars in potential profits. Speaking in an interview with The CapTable, Srinivasan said a blanket ban…
“# NFT prices will eventually crash, says Litecoin creator Charlie Lee ” Non-fungible tokens are currently a major topic of discussion within the crypto space with creators and collectors alike jumping on the bandwagon. However, Litecoin (LTC) creator Charlie is of the opinion that the hype is unsustainable. Tweeting on Monday, Lee said that, unlike…
“# Private finance emerges as crypto’s next major growth catalyst ” Long gone are cryptocurrency’s days as an obscure hub for experimental ventures in cryptography. 2020 marked a seminal year for the space, with cryptocurrencies taking major strides into the mainstream as governments, supranational organizations and corporate entities alike made significant entrances into an industry…
“# Blockchain mysteries: Biggest crypto transaction fee oddities ” Users can send cryptocurrencies virtually anywhere globally via the blockchains on which they are based. By sending crypto assets, however, fees are incurred. Transactions may take longer for certain assets, depending on their related blockchains. Certain crypto wallets and platforms give users the option to choose…
“# Social media giants must decentralize the internet… Now! ” Big Tech has been in the news a lot over the last decade. Initially, the coverage focused on the new possibilities that were created around communication and information sharing and the benefits that these would bring. New tech networks offered unprecedented tools, offering everything from…
“# Why some cryptocurrencies are worth $40,000, while others stay at $0.40 ” At the time of publication, one Bitcoin (BTC) values $47,247, while one Dogecoin (DOGE) is worth around $0.068. If you are new to crypto or markets, you may initially think: Hey, DOGE is cheaper than Bitcoin, and if it picks up enough…
“# What the COVID-19 pandemic has taught crypto community about curbing our emissions ” For the first time ever, the World Economic Forum’s Global Risk Report’s top-five global risks were all climate-related. From devastating wildfires in Australia and the Amazon to ravaging locust plagues on the Horn of Africa, 2020 was punctuated not only by…