Cardano poses a serious risk to Ethereum and is taking great strides towards overtaking it. As 2021 has progressed, one thing in the world of financial markets has become clear: cryptocurrencies have now entered the mainstream. With the likes of Bitcoin achieving unprecedented growth, the race is on for who is number 2 when it comes to crypto. With Ethereum previously sitting comfortably in that spot, it appears that Cardano may be hot on its heels and looking to take its place. Given that the founder of Cardano, Charles Hoskinson,…
Day: March 26, 2021
Chinese Central Bank Proposes Global Rules for CBDCs
China’s central bank is proposing global rules to synchronize the use of CBDCs worldwide and ensuring “a fair supply of digital currencies” for the greater financial stability of the international monetary system. Asian economic giant and the world’s second-largest economy China has been leading the race for central bank digital currency (CBDC). On Thursday, March 25, during the seminar held by the Bank of International Settlements (BIS), China proposed having global rules for CBDCs. Mu Changchun, the director-general of the PBoC’s digital currency institute, has put forward this new proposal.…
SEC Issues Warning on Fractionalized NFTs and NFT Basket Index
Hester Peirce said that the SEC has a special interest in anything that could become security. Following the recent breakout of Non-Fungible Tokens (NFTs), issuers have found ways to become very creative in the distribution of their products. However, attention has been drawn that the creativity around the NFTs can lead to an unintentional distribution of financial products. Hester Peirce, the commissioner of SEC, issued these words of caution about NFTs when speaking at the Draper Goren Holm’s Security Token Summit. SEC on NFTs According to her, the Non-Fungible Tokens…
RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach – Regulation Bitcoin News
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major concerns.” No Difference of Opinion on Crypto Between RBI and Finance Ministry RBI Governor Shaktikanta Das answered some questions regarding cryptocurrency, the digital rupee, and upcoming digital currency legislation Thursday at the India Economic Conclave…
Market Manipulation A Sunday Night Tradition! Cryptocurrency News (🔴Live Stream)
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Market Manipulation A Sunday Night Tradition! Cryptocurrency News CRYPTO NEVER SLEEPS aka Bitcoin Channel.Live delivers the news, from the Traditional Markets and Convert them into Crypto News.. From Traditional to Digital, we take Mainstream News and convert them into Crypto News Share this video with your friends – Subscribe to our channel: Subscribe to CRYPTO NEVER SLEEPS : On Telegram – On Instagram – In Facebook – On Reddit – Our website – *** THIS IS NOT FINANCIAL, LEGAL, OR TAX ADVICE!…
Blog: Data Protection law can help create public trust and confidence around COVID-status certification schemes
A blog from Elizabeth Denham, Information Commissioner 26 March 2021 From contact tracing apps to temperature checks at airports, from businesses recording customers’ details to organisations sharing health data to help the vulnerable, it is clear that the responsible use of personal data has been vital in responding to the COVID-19 pandemic. Public trust has been at the heart of each of these projects, and I am pleased that the ICO has been able to help organisations earn that trust by providing pragmatic advice to ensure data is used in a…
New York Times Sells Digital Article NFT Raising Half a Million Dollars
The auction caught wildfire during the last half hour as the auction price for the digital article NFT shot 10x in less than 30 minutes. Riding on the latest craze around non-fungible tokens (NFTs), New York Times columnist Keven Roose recently sold one of his articles as a digital NFT raising a massive $563,000. Rosse recently published his step-by-step guide on NFT and put it on sale stating “Buy This Column on Blockchain. Why Can’t a Journalist Join the NFT party, too?” New York Times columnist then went to NFT…
Xiaomi Collaborates with Great Wall Motor to Launch EVs by 2023
Xiaomi is reportedly planning to develop an electric vehicle. The Chinese smartphone company is said to be collaborating with Great Wall Motor Co Ltd for both its manufacturing plant and its engineering expertise. Xiaomi is looking to diversify after dominating the smart devices ecosystem. News of Chinese smartphone manufacturer, Xiaomi’s plans to build the first electric car were revealed by Reuters. The news agency reports that they were tipped by three informants who are close to the matter. The Xiaomi company has over the years impressed with its pocket-friendly prices,…
My Neighbor Alice Announces First Virtual Land Sale
My Neighbor Alice indicated only 50% of the available land will be for sale, whilst the rest will be up for rental purposes. My Neighbor Alice, a multiplayer blockchain builder game where anyone can buy and own virtual islands, collect and build exciting items and meet new friends, has announced its first virtual land sale. According to a Medium blog post, the Company has set April 27 as the date to auction two of its virtual islands. “The first plots to go on sale will be on the lush and…
Digital yuan tests, ‘bear market’ and ‘NFT’ searches spike
Sentiment in China has slumped as WeChat searches for Bitcoin dropped 7% this week, while searches for “bear market” spiked 102%. One trend that remained strong was NFT-related, with NFTs receiving an 86% increase in WeChat searches over the seven-day period. Token sales were another hot item with interest in Casper Labs surging after signups on CoinList breached 100,000 on global platforms. One high-profile token sale to emerge from China was DAO-as-a-Service platform Dora Factory. The project, backed by DoraHacks, held a public token launch on March 21 with listings…