Nvidia CEO believes the blockchain and NFT-powered metaverse is just around the corner
    16 Jun 2021

    Nvidia CEO Jensen Huang said he “believes we’re right on the cusp of” the Metaverse and spoke glowingly of its potential, predicting that users will one day use metaverses to “simulate the future,” while Nvidia’s new Voyager campus shows what it will look like when the Metaverse meets the real world. One of the most…

    Quantum computers are imminent, but cryptographers are working on crypto agility now
    15 Jun 2021

    In ten years, quantum computers could be able to break into cell phones, emails, bank accounts, and Bitcoin wallets. Cryptography engineers are working on a new standard for quantum-safe encryption for the future. Hundred years ago, the quantum revolution in physics ushered the start of new science, which has made possible modern technological advances, such…

    Central banks are looking toward digital currencies (CBDC)
    15 Jun 2021

    The U.S. is starting a national conversation about a central bank digital currency, while more than 60 central banks have been looking into CBDCs since 2014. Several countries worldwide have experimented with digital currencies or already released early versions of CBDCs. Such a turn could make banking and monetary policy more efficient and help the…

    Bitcoin jumped above $39,000 after Musk said Tesla might accept it again
    15 Jun 2021

    Bitcoin jumped above $39,000 in the last 24 hours after Elon Musk said Sunday Tesla Inc could accept Bitcoin again in the future. According to Coinbase, Bitcoin’s price surged to $39,095 (9% up) at the start of Sunday trading. Before, Tesla CEO Elon Musk clarified in response to a tweet of Cointelegraph, one of the…

    Thailand Sets New Rules for Crypto Exchanges, Banning Meme Coins, Fan Tokens And NFTs

    On Friday, the Thai Securities and Exchange Commission (SEC) announced the new rules for cryptocurrency exchanges in the country. It forbid the trading of certain types of cryptocurrencies, such as meme coins, fan coins, and NFTs (non-fungible tokens). As stated Secretary-General Ruenvadee Suwanmongkol, the board of directors of the Thai Securities and Exchange Commission (SEC)…

    NFL star asked the Nigerian government to adopt Bitcoin
    14 Jun 2021

    Russell Okung, an NFL star and Nigerian descendant, sent an open letter to the Nigerian government to pursue a Bitcoin standard. After mentioning Nigerian economic problems and challenges of the global economy, he urged to hurry up to seize the opportunity window regarding cryptocurrency technologies. NFL star argued to follow El Salvador’s example and to…