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“# CBDC revolution is coming in 3 years, says Bitcoin naysayer Roubini ” Nouriel Roubini, an award-winning economist and known skeptic of Bitcoin (BTC), is confident that central bank digital currencies, or CBDCs, are the future of money. According to Roubini, global CBDCs like the digital yuan are capable of replacing major financial services and cryptocurrencies…
“# Crypto ATMs continue to boom globally in 2020 ” In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa, the machine saw $10,000 in BTC transacted on its first…
“# DeFi won’t last long without unlocking Bitcoin’s $250B treasure chest ” Decentralized finance is a fairly new, nuanced concept for mainstream audiences. At its core, DeFi promises a revamped global financial system equipped with savings, loans and inventive yield-earning opportunities that enable innovative financial products without centralized gatekeepers. Since Jan. 1, this promise has…
“# Real estate markets look to blockchain as COVID-19 pressures industry ” A number of industries are being negatively impacted by the COVID-19 pandemic, including the United States housing market, which is valued at $33.6 trillion. Recent findings from Zillow, an American online real-estate database company, show that despite low mortgage rates, the coronavirus has slowed…
“# The cryptocurrency sector is overflowing with dead projects ” In 2017, when everything concerned with cryptocurrency and blockchain still looked fresh and interesting, it seemed that there would be no day without a new “revolutionary” project or idea. Decentralized financial system, decentralized torrent tracker, decentralized office documentation system. Decentralized, decentralized, decentralized. The overuse of…
“# 300 ETH sale caps wild week for Axie Infinity ” While a rally in the latter half of the week saw major names across the decentralized finance (DeFi) ecosystem climb upwards of 100%, Axie Infinity — the Pokemon-inspired NFT game — carried the banner for the NFT space, capping off a wild week of…
“# Circle’s high-yield USDC business accounts take aim at DeFi ” Originally launched as an attractive alternative to traditional fiat business accounts for Internet-based ventures, the latest features for the Circle Business Account appear to take aim at a different kind of competitor: the decentralized finance (DeFi) ecosystem. Circle, the Goldman Sachs-backed payments company and…
“# DeFi needs real-world adoption, not just disruptive pioneering ” Satoshi Natakmoto’s anonymity and powerful mining-incentive mechanism are key examples of what made Bitcoin (BTC) unique and led to its unparalleled success. But for truly democratized money and finance to be achieved, it is worth reminding enthusiasts that Bitcoin was an iteration in a series…
“# Blockchain adoption 2021: Going mainstream through enterprise use ” American market research company Forrester recently released its blockchain predictions for 2021. The report reveals interesting findings, noting that 2020 has been an important year for growth in the enterprise blockchain and distributed ledger technology space. Martha Bennet, principal analyst at Forrester and a co-author…
“#text company that sent incendiary messages traced back to top Trump aide” A texting company run by one of President Donald Trump’s top campaign officials sent out thousands of targeted, anonymous text messages urging supporters to rally where votes were being counted in Philadelphia on Thursday, falsely claiming Democrats were trying to steal the presidential…