The Federal Reserve is actively working on a central bank digital currency and some prototypes are near completion. The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) plan to unveil two prototypes of a digital dollar as early as July. Digital Dollar Prototypes Coming Soon Federal […]
In February, one of the oldest financial institutions in the United States, Bank of New York Mellon, announced the launch of a custody service for Bitcoin and other cryptocurrencies. Claiming that BTC has become a widely accepted asset, the institution opted to get ahead in innovation. Now, BNY Mellon has […]
An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency. According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as a starting point to mine Bitcoin (BTC). Because the gaming console […]
Digital currency fraud in Canada has surged in the past four years, police have reported. According to the Royal Canadian Mounted Police (RCMP), this type of fraud has shot up 400% in the past four years. Canada’s digital currency industry has been thriving in recent years. Despite the fall of […]
Elon Musk – the South African entrepreneur behind such ventures as SpaceX and electric car company Tesla – is taking a lot of guff for the $1.5 billion bitcoin purchase he engaged in last February. However, he does have a loyal fan in hedge fund manager Anthony Scaramucci, who has […]
AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Persistence tokens (XPRT) under the pair USDT/XPRT on Apr 1 at 9:00 a.m. EDT. There will be an auction on Mar 31 at 9:00 a.m. EDT. Persistence is an interoperable […]
Stellantis – the parent company of the Fiat car brand – is issuing a digital token to drivers of its new 500-vehicle series. Known as Kiri Coin, the asset can be traded for rewards on several different websites and platforms including Apple, Netflix, Spotify and Amazon. Fiat and Crypto: A […]
Presently, the DOGE/USD price has been in a downward move. However, the altcoin has been in a range-bound move between $0.045 and $0.060. Today, the market is rising after falling to the lower price range. For the past month, the bulls have not been able to break the $0.060 resistance […]
Litecoin fell and found support above the $170 price level. The altcoin has reached bearish exhaustion as price fell into the oversold region of the market. The bulls buy the dips as LTC initiates an upward move. It is usual for buyers to emerge in the oversold region. Similarly, selling […]
Decentralized exchange Sushiswap has not lagged behind Uniswap Labs’ v3 announcement. In an official post, they have introduced new products called BentoBox and Kashi Lending. Now, users of the platform have a new tool to maximize their earnings: BentoBox is a vault, serving as a decentralized “App Store” where you […]
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