The start-of-the-year drop in cryptocurrency prices is due to various reasons (which we will go through). Still, with a cool head, you may recognize that crypto, through complex mechanisms of self-regulation, rejects attempts to pump it up with fiat money. You can even say that cryptocurrencies want to maintain their role as money and not…
Japan’s largest banks are preparing to start testing the digital yen, created by an independent consortium of developers. If the project were to succeed, Japan would become the first to issue a “real” nationwide cryptocurrency “on a voluntary basis.” In Japan, a consortium of the country’s 74 largest companies announced the release and subsequent trials…
The Electric Coin Company (ECC) has been working on Zcash cryptocurrency for five years and has recently presented a new project roadmap. It contains a plan for the transition from the currently used Proof-of-Work algorithm to Proof-of-Stake, as well as a lot of other interesting developments. A short while ago, on October 28, 2021,…
American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. The latest US infrastructure bill introduces the broadest possible characterization…
American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. In a now typical for the US move, the signal initially…
Twitter founder and Square CEO Jack Dorsey announced the creation and presented technical documentation of a new type of decentralized exchange. It is a fascinating project definitely worth paying attention to. Jack Dorsey, the creator of Twitter, co-founder and CEO of payment company Square, is a frequent guest on our pages. More than once have…
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