Bolivia reports 100% rise in virtual asset trading since lifting Bitcoin ban
The rise came immediately after Bolivia’s central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets.
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What is wrapped Ethereum (wETH) and how does it work?
Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects.As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. However,…
NEC and Partners to Create Blockchain Identity System for Buenos Aires
A new partnership between a development bank, a nongovernmental organization (NGO) and a tech corporation is eyeing the creation of a blockchain-based identity system to improve financial inclusion in Buenos Aires. IDB Lab (the Innovation Laboratory of the Inter-American Development Bank Group), NGO Bitcoin Argentina and the Argentine subsidiary of NEC Corporation announced they had signed…
3 times in March that savvy crypto traders bought breaking news for the price of a rumor
As an old saying goes: Buy the rumor, sell the news.As a digital-native asset class, the prices of cryptocurrencies are clearly susceptible to market-moving news developments that instantly spread on the internet. Staying on top of bullish announcements can help crypto traders reap huge gains, but navigating the crypto news landscape can be daunting.Two major…
Bitcoin ‘sell the rally’ indicator flashes again as BTC price breaks below $45K
A Bitcoin (BTC) on-chain indicator that spotted dead cat bounces during the yesteryear bearish market corrections has flashed again in August 2021.Dubbed "Bitcoin: Short Term Holder NUPL," the indicator takes into account the unspent transaction output, or UTXO, of BTC transactions not more than 155 days old. In doing so, it attempts to determine whether an…
Blockchain Capital Partner Spencer Bogart: Facebook Could Double or Triple Crypto Users
Blockchain Capital partner Spencer Bogart claimed that the crypto endeavors of social media giant Facebook could result in the cryptocurrency user base doubling or tripling. Bogart made his remarks during an interview with Bloomberg published on May 8.In the interview, Bogart confirmed that he thinks Facebook Coin — whether it will be a stablecoin or…
Waves Lets Users Bet on Spread of COVID-19 For Charity
Waves has launched a macabre campaign to purportedly raise money for COVID-19 relief. The platform has created a tokenized parimutuel betting pool where users can speculate on whether the global number of confirmed coronavirus cases has risen or fallen within a given week.On April 3, Waves announced the ‘charity campaign,’ ostensibly in support of “organizations…
Bit2Me and Mastercard launch debit card with crypto cashback
The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback. 288 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe merger of Web2 and Web3 tools continues as crypto-backed…
US Rep. Darren Soto is excited about the recent USPS blockchain voting patent
Can blockchain help settle the mail-in voting debate? The United States Postal Service, or USPS, recently filed a patent for a mail-in voting system that utilizes Blockchain and other technologies for verification. Responding to an inquiry from Cointelegraph, U.S. Representative for Florida's 9th district, Darren Soto, voiced his excitement about this prospective development.“I think it’s…