Germany already lost out on $124M profit selling its Bitcoin
The State of Saxony, gripped by fears of a sudden Bitcoin price crash, hastily ordered the sale of its 50,000 BTC stash.
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China’s Push for Blockchain Adoption Sees First Major Program at a University
The Ministry of Education of China has just granted Chengdu University of Information Technology (CUIT) approval to open the country’s first undergraduate blockchain engineering major. Admission and enrollment will start this year, according to a Chinanews agency report from March 4.China sees blockchain’s potential to impact social economy and information developmentChina’s first blockchain engineering major…
What the ‘anti-mining bill’ means for the crypto industry in Texas
In late April, over a hundred people gathered near the Texas Capitol building to protest. Peaceful protests in the United States are not uncommon, but what made this one unique was that its participants were gathered to advocate for the right to own and use cryptocurrencies.The location is also puzzling, as the Lone Star State has…
Binance Launching Crypto Futures Trading Platform With Up to 20x Leverage
Changpeng Zhao, CEO of top crypto exchange Binance, has revealed the company plans to launch a futures trading platform, with initial support for BTC/UTSDT contracts at a leverage of up to 20x. The CEO made his announcement during a keynote speech delivered at the Asia Blockchain Summit in Taipei earlier today, July 2. According to Cointelegraph’s reporter…
China’s central bank lays regulatory foundation for CBDC
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties 379 Total views 11 Total shares China’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC),…
Hong Kong broker offers new customers deposit bonuses in Bitcoin
With the inclusion of Bitcoin rewards, Futu Securities aims to attract a new wave of investors.
Next generation of crypto millionaires: SHIB allows warehouse manager to retire
The funds gave him the ability to quit his job, which paid $68,000 annually, to stay at home taking care of his son and participate in online discussions about projects related to the memecoin. 827 Total views 15 Total shares A Shiba Inu token holder who invested thousands of dollars in the memecoin in February…
Twitch Users Can Now Tip Streamers With MenaPay Stablecoin
Mobile payments service MenaPay announced support for Twitch tipping with their MenaCash stablecoin.Blockchain-based payments service MenaPay updated its mobile app to add support for Twitch donations, according to a press release shared with Cointelegraph Turkey on Dec. 27. Twitch viewers are now able to use their MenaPay mobile app to tip their favorite Twitch players…
General Motors Files Patent for a Blockchain-Based Navigation Map
Major car manufacturer, General Motors, or GM, has filed a patent application for a continuously updating navigation map system. The system would use blockchain to integrate data from vehicle sensors and build a reliable map for autonomous vehicles.According to the filing, which was submitted on Oct. 1, 2018 and published on April 2, 2020, existing…