People’s Bank of China Announces Its Digital Currency is Ready

The Central Bank of China has announced that its digital currency can now be said to be ready.  In a major event, the China forum as reported by local news site Shanghai Securities News on August 10, the deputy director of the People’s Bank of China (PBoC) Mu Changchun stated that over five years of … Continue reading People’s Bank of China Announces Its Digital Currency is Ready

Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Ternio, a leading white-label technology company, has revealed the findings of a new study dubbed “The State of Crypto Entrepreneurship 2019.” This firm presents enterprise customers with cryptocurrency and blockchain real-world applications.  The primary goal of this research was to comprehend better the statistics of the number of jobs being generated in the crypto space, … Continue reading Ternio Research Finds Blockchain-Affiliated Companies Are Employing Over 86,000 People

Cryptocurrency Giving People in Africa the Power Against Rising Inflation

Andy Cheung, OKEx’s Head of Operations, had recently revealed that cryptocurrency provides several people in Africa with an opportunity to control their purchasing power against rising inflation.  He said that the OKEx’s Africa Cryptotour’s mission is to promote blockchain across the world. So far, the cryptocurrency exchange has visited five cities across four countries in Africa and met thousands of people on … Continue reading Cryptocurrency Giving People in Africa the Power Against Rising Inflation

Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?

Dating is a battleground filled with deception and infidelity, some say, and this is true. The modern dating world is a molten cauldron that simmers with outright treachery, barely concealed adultery, and conveniently fabricated half-truths. In the Tinder era, he or she who lies the best is king.  The world is a lonely place, and … Continue reading Love is in the Chain: Could Blockchain be the Solution to People's Dating Woes?

Five Myths People Have About Cryptocurrencies Debunked

Crypto is used for everyday purchases more than what the general public is aware of. Although cryptocurrency’s stereotypes linger from its black market origin, purchases nowadays may not be as unlawful as people believe. Larger retailers around the world are now accepting cryptocurrencies as a form of payment. Overall, only 16% of consumers familiar with … Continue reading Five Myths People Have About Cryptocurrencies Debunked

Want Bitcoin's Price to go up? Bet on People, Not Inflation

Financial uncertainty makes people do strange things. In April 2020, people bought oil contracts, silver, and shares of companies that have no customers or revenue. This, despite massive job losses, pandemic disease, and a global economic meltdown. Silver plays no role in modern finance and we have enough oil above ground to last six months under … Continue reading Want Bitcoin's Price to go up? Bet on People, Not Inflation

French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

The French police have apprehended 29 individuals across the nation suspected of funding Islamist extremists in Syria using cryptocurrencies. French authorities allege that the arrested individuals are involved in a complex terrorism-fiancing scheme using coupons to finance terror members in Syria as the payments are credited to the extremists’ Bitcoin accounts. Purchasing cryptocurrency coupons The … Continue reading French Police Arrest 29 People for Financing Syrian Islamist Terrorists Using Bitcoin Coupons

Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

Following the move by Coinbase CEO Brian Armstrong to offer severance packages to staff who disagrees with the ‘apolitical’ stance of the company, industry heavyweights including Twitter’s Chief Executive Officer Jack Dorsey has waded into the controversy. Taking to his Twitter handle, Dorsey faulted Armstrong’s position, saying that Bitcoin and cryptocurrencies were are direct activism … Continue reading Twitter CEO Jack Dorsey Says Coinbase CEO's Apolitical Stance "Leaves People Behind"

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia is pursuing legal enforcement action against six individuals for allegedly engaging in money laundering for drug cartels using cryptocurrency.  As per the court documents filed on Oct.15, the U.S Department of Justice (DoJ) alleges that Tao Liu, 45, Jingyuan Li, 47, Eric Yong Woo, 43, Jiayu Chen, 46, … Continue reading US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

Despite the coronavirus (COVID-19) pandemic bringing the travel industry to a standstill, a blockchain-powered QR health code system has enabled at least 17 million people to travel between China and Macau, an autonomous region off the south coast of China, since May. Mutual healthcare network China’s southern Guangdong province and Macau have been using a mutual QR … Continue reading Blockchain Allowed 17 Million People to Travel Between Macau and China During Coronavirus

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