Zuckerberg explained that with Libra it could be easier for individuals to transfer money or pay for goods across national borders, which would be an advantage for both businesses and Facebook.
After its successful experiment of launching Tezos staking in the U.S. last year, Coinbase plans to bring this service to four European countries. With the failure of traditional investment vehicles to give good returns to investors, crypto staking is seeing demand in the financial market.
LG has become the latest and the 14th member of the enterprise-grade Hashgraph distributed public ledger. LG Electronics will work with other Hedera members to develop next-generation DLT applications for supply chain partners and consumers.
The characteristics of immutability, security, consensually and transparency of the blockchain, the technology that supports the Bitcoin system, have made it attractive in many other sectors.
Blockchain technology offers a win-win situation in advertisement sphere. No middleman is needed: advertisers get direct feedback and the users – money and recommendations about the products.
Top U.S.-based cryptocurrency exchange Gemini has announced integration with Samsung Blockchain Wallet to allow easy accessibility to its trading app by the users of the wallet.
Kevin Rooke reported that Grayscale Investment had increased its purchase rate of new Bitcoins mined after the halving event by 150%, which demonstrates an increased demand for the cryptocurrency.
Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.
Theta Labs announced that Google Cloud is a new participant in its Enterprise Validator program. Google Cloud will now join other Enterprise validators like Binance, Blockchain Ventures, and Gumi.
Cryptocurrency asset trading and custodian BitGo is expanding its offering for institutional traders with the news BitGo Prime platform.
Laszlo Hanyecz mined around 100,000 BTC in total, and about half of it went to pizza. If we use the historical maximum price of $20,000, then 50,000 BTC comes out to $1 billion.
Tencent, one of China’s tech giants has allocated $70 billion to help the digital infrastructure growth of China as Beijing intensifies effort to digitize the economy.
Decentralized sharded protocol Polkadot, which helps to connect several blockchains in a unified network, has announced the launch of the CC1 version i.e. initial version of the mainnet.
Facebook has re-branded its Calibra digital wallet to Novi which will facilitate instant cross-border money transfer without any hidden charges associated. The Novi digital wallet will launch along with the Libra network.
U.S.-Mexico remittances are tilting towards the crypto space. This comes as Ripple indicates that XRP transfers account for about 10% of these cash flows.