As China’s CBDC (Central Bank Digital Currency) undergoes technological and business model changes, the market should open up the possibility of incorporating CBDC or digital Yuan into all online retail payment modes, Changchun Mu (Founder and Director of PBC’s Digital Currency Research Institute) said on the 3rd of September, 2023. …
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Good News! The Bitcoin network has already crossed its 800,000th block at the end of July 2023. With this, there is a fact that the event has marked a major milestone in the history of blockchain. Also, we need to keep in mind that only eight months are remaining until …
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The Helium blockchain has recently announced that it will be migrating from its native blockchain to the Solana network completely. This is a major move for the Helium network, which currently operates as a decentralized blockchain for IoT devices. This upgrade of Helium migration will take place by 15th of …
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As the latest reports state, Amazon will launch NFT project soon. The e-commerce giant is planning to enter the world of NFTs and digital assets. The report states that the company has plans for its NFT initiative as early as the spring of 2023. The sources revealed that Amazon has …
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GameStop, the gaming giant has withdrawn itself from crypto initiatives after facing a huge loss. The company suffered a net loss of $94.7 million in the third quarter (Q3). However, it seems that it will continue to move forward with NFT and blockchain technology plans. GameStop Crypto Decline: The Announcement …
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Winamp, one of the most popular PC-supported media players, has added support for music NFTs. The company has also fixed some existing bugs and added the features in a whole new way. The new features are likely to permit its users to play audio files that are embedded in their …
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The news of BlockFi bankruptcy has been circulating in the crypto industry for quite some days. People have been saying that BlockFi, a crypto lender, has gone penniless and that it had to file for Chapter 11 similar to FTX. On the 10th of November, when people were already discussing …
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The crypto market is still in bloodshed. Amidst this, the NFTs or the Non-Fungible Tokens are still hyped. It has been seen that in the past five days, the NFTs stemming from the famous CryptoPunk NFT collection have successfully surpassed the floor value of Bored Ape Yacht Club (BAYC) created …
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Singapore to ban borrowing for retail investors soon as proposed by the authorities recently. If you are thinking about what pushed Singapore to ban borrowings, then we have the correct answer. So, the city-state decided to impose a ban on borrowing by retail investors in order to be able to …
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Bitcoin Group SE has recently put forward a bid for Bankhaus von der Heydt, which is a 268-year-old German Bank. This bank has been facing the implications of its own decisions made in the cryptocurrency and digital asset domain. This information has been acquired through a press release by the …
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