Consumers and cryptocurrencies: how can understanding be reached?

    In 2017, during the first real crypto boom, it seemed we were on the verge of mass acceptance of cryptocurrencies and their widespread use as a payment means would begin. But this has not happened yet – although there has of course been some progress. What else needs to be done? A question I hear…

    Mining becomes more profitable, as China’s crackdown leads to Bitcoin algorithm adjustment

    Bitcoin mining difficulty has seen its biggest downward adjustment in history as it drops 28%. More than 54% of Bitcoin’s hashrate, which reflects the collective computing power of miners around the world, has gone offline since its peak in May amid China’s crackdown against the crypto industry. Miners, who are still active, have to make…

    Experts opinion: what cryptocurrencies will look like in 50 years

    We may not guess what markets will do next month or next year, but over the decades, it is pretty clear that they’ll grow. For most of us, it’s also getting harder to imagine a future without cryptocurrencies. Here are some experts’ views on what digital coins will look like decades from now. CNBC asked…

    Dutch football team AZ Alkmaar bets on Bitcoin

    Dutch Football Team AZ Alkmaar has announced crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner and claimed the wider adoption of crypto. According to a statement posted Thursday on the club website, the Eredivisie side claimed crypto broker Bitcoin Meester as its exclusive and official cryptocurrency partner until 2024. As the announcement…

    CBDC and communism: why China was the first of economic giants to launch its own digital currency

    Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…

    Bitcoin Cash ABC rebrands to ‘eCash,’ integrating proof-of-stake layer

    Bitcoin Cash ABC (BCHA), the cryptocurrency that has hard-forked away from both Bitcoin and Bitcoin Cash, has rebranded to “eCash” (XEC), as well as redenominating its token and launching a Proof-of-Stake (PoS) consensus layer. Bitcoin Cash ABC, the cryptocurrency born from several hard forks, has now relaunched as “eCash” and launching a Proof-of-Stake (PoS) consensus…

    OpenAI and Y Combinator co-founder wants to share Worldcoin in exchange for eye scanning

    Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…

    Bitcoin might never become a true crypto asset

    Even though Bitcoin remains the world’s leading cryptocurrency by market capitalization, it has not always lived up to its promise of serving as digital cash. Instead, BTC is a store of value and speculative asset above anything else. Other currencies can take their place as leading digital cash as competition continues to heat up in…

    The cryptocurrency market is moving fast

    Cryptocurrency is slowly tending from being a marginal idea backed by crypto enthusiasts to a solid alternative asset class held by many respectable U.S. institutions. And the speed of this transition is growing day by day, as noted by Benzinga. The current moment is interesting in that the common belief was that governments would be…

    Twitter gives away a collection of 140 NFTs

    Twitter Inc. on June 30 has announced the launch of its own collection of non-fungible tokens (NFT), which will be available on Rarible. The company will give away 140 new NFTs, the social network’s first official raid into digital assets, which are growing popular since the beginning of the year. On Wednesday, the San Francisco-based…