Country-wide Bitcoin adoption a mixed bag for national economies
Country-wide Bitcoin adoption could boost financial inclusion and trade, but challenges like volatility and regulatory hurdles might create mixed economic impacts.
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Bitcoin reclaims $80K zone as BNB, TON, GT, ATOM hint at altcoin season
Bitcoin (BTC) is struggling to break above the 200-day simple moving average ($84,000), but a positive sign is that the bulls have not ceded much ground to the bears. Bitget Research chief analyst Ryan Lee told Cointelegraph that Bitcoin needs to achieve a weekly close above $81,000 to signal resilience. Selling could accelerate if the

UN agency head sees ‘massive opportunities’ in crypto: WEF 2022
“Crypto is just another technology, it’s a matter of how is it being used. It can be used for good or for bad. From where we sit, we see massive opportunities," says the director of the UNICC. 383 Total views 8 Total shares The United Nations is smitten with distributed ledger technology (DLT). In a…

Crypto.com launches $200M investment fund for cryptocurrency startups
The $200 million will be used to invest in seed and Series A funding rounds for promising cryptocurrency startups. 1409 Total views 14 Total shares Crypto.com has launched a venture arm and has set aside $200 million to invest in promising cryptocurrency startups, as it seeks to expand its partnerships with entrepreneurs in the crypto and…

Manchester City soccer club launches fan token with Socios
English Premier League soccer club Manchester City is debuting a blockchain-based fan token, promising free tokens for registered Cityzen fans. 3538 Total views 28 Total shares Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement.According to an official announcement…

2020 Is Becoming the Year of Staking With Some Major Achievements
Proof-of-work and proof-of-stake have a lot of benefits to offer the community, and the discussion around these algorithms has dominated conversations in the cryptocurrency community. The use of staking will become more widespread this year on the protocol level with Ethereum 2.0’s expected arrival, along with the continued development of Cardano, Tezos and Algorand, ultimately…

Fetch.ai spinoff launches decentralized commodities exchange
Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.” 343 Total views 3 Total shares Mettalex, a spinoff project of Fetch.ai, announced Friday that it has officially launched a decentralized exchange for commodities trading, offering another compelling use case in how blockchain technology was disrupting traditional finance. The new exchange…

Cryptopia Alleged Hack: Police Are on the Case While Community Tracks Down Stolen Funds
In what seems to be one of the first major security breaches of 2019, New Zealand-based digital assets exchange Cryptopia was allegedly hacked this week. The platform reported the incident via Twitter on Jan. 15, mentioning “significant losses.” While the incident has been confirmed by the local police, many crucial details — including the amount…

Binance wins dismissal of class action over 2018 tokens that tanked
The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”.