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The world may be on the verge of large-scale adoption of “private money” such as Facebook’s Libra, a major investment bank predicts, although there are still hurdles to overcome before the vision can become reality. According to the JPMorgan Perspectives report, released this past weekend by the major investment bank...
Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital fiats – including China. Bloomberg Japan reports that Aso warned counterparts at a recent G20 summit of finance chiefs, held...
The price of bitcoin (BTC) sits at a pivotal point where major support is found below it, and strong resistance above it, new research from blockchain analytics firm Into The Block suggests. In a Twitter thread, the company, which uses machine learning and advanced statistics in analyzing the market, shared...
The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket. Per Bloomberg, the hedge fund has made its decision “in...
One of our journalist at Scoopnix recently caught up with The Director at Wolfs Group Mr. Hubert Forytta. Wolfs Group is one of the most aspiring projects of 2019-2020. In the conversation, they exchanged some simple but important thoughts on blockchain industry. Have a look at some key questions...
We have been reporting for a while now about the massive growth the DeFi (decentralized finance) ecosystem is experiencing, and today, the Cryptoverse saw another major milestone reached - total value locked in DeFi surpassed USD 1 billion, before dropping below this threshold again. The total value locked (TVL) has...
America appears to be the latest country to have had a change of heart on the matter of central bank digital currencies (CBDCs ) – with the head of the central Federal Reserve suggesting that a “digital dollar” may well be in the pipelines. In a speech prepared for the...
Twitter founder and CEO Jack Dorsey still has not confirmed that he was awarded the second Lightning Torch on Tuesday, and does not respond to multiple requests by bitcoiners. Exactly a year ago, Dorsey received the first iteration of the torch, which has become a popular symbol in the world...
Unless you’ve been living under a rock, then you’re probably familiar with affiliate marketing and how it works. It’s particularly popular in the world of digital marketing and there’s no shortage of affiliate marketing program options to join. But, most of them are based on myopic views. Well, that was...
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020. Per news agency Yonhap, the Korean finance ministry is currently mulling a...