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…
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…
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…
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 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…
A wave of attacks by financial regulators from different countries on the largest crypto exchange, Binance, has swept the world. Although they began in early spring, the most serious incidents occurred over the last few days and weeks. From the outside, it looks as if the actions are coordinated, although that is yet impossible to…