Bitcoin whales snapped up $4.3B of BTC amid price slump

Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. 68 Total views 1 Total shares The Bank for International Settlements (BIS) released a colorful and fact-filled Project mBridge update on Oct. 31. The publication combines technical and promotional discussions

Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type of cryptocurrency valued by a reserve…

Altcoins have been stealing the show recently, as some large caps have seen tremendous surges along the field. Bitcoin Cash ABC (BCH), Bitcoin Cash SV (BSV), Dash (DASH), and Ethereum Classic (ETC) have all shown increases of more than a hundred percent recently but it is a bit premature to be calling for celebrations at…

The United States Federal Reserve needs its own digital currency to protect against a possible overnight proliferation of stablecoin technology, says Fed chairman Jerome Powell. 2540 Total views 14 Total shares Cryptocurrency stablecoins could become systemically important overnight, says United States Federal Reserve Chairman Jerome Powell, and that’s why the Fed is determined to get…

Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

The Bank of Thailand (BoT) has recently allowed local banks to set up subsidiaries for dealing with cryptocurrencies, local Thai source Blognone reported August 3. According to a regulatory announcement published by the BoT on August 1, Thai banks can now issue digital tokens, provide crypto brokerage services, run crypto-related businesses, and invest in cryptocurrencies…

It’s predicted that nonfungible tokens (NFTs) will have a vast impact on society. Given this, it shouldn’t come as a surprise that the trillion-dollar healthcare sector has begun to explore NFTs tokens to advance medicine.It’s also important to point out that blockchain technology can play an increasingly important role within the healthcare sector. This was…