Crypto-news

Central bankers are trying to reduce fears that their efforts to develop digital currencies (CBDC) might take business away from commercial banks. Benoit Coeure, the head of the Bank for International Settlement’s Innovation Hub, said in Stockholm on Wednesday that commercial lenders should consider central bank digital currencies (CBDC)  “as an opportunity that will enable…

The World Bank has rejected El Salvador’s request for help on the implementation of Bitcoin as a legal tender. After it comes, Bitcoin hovered below $40,000 on Thursday morning. In Wednesday’s announcement, the World Bank stated it could not assist El Salvador’s Bitcoin implementation because of environmental and transparency drawbacks. “We are committed to helping…

A travel booking site Travala.com backed by Binance, the world’s largest cryptocurrency exchange, is launching Dtravel, a decentralized vacation rental service that could compete with Airbnb and gives homeowners a stake in the platform. In a Wednesday announcement, Travala said it had partnered with former executives from Airbnb and Expedia to launch a new service…

A month ago, Beijing began a fierce crackdown on the crypto mining and trading industry in China, caused so-called “the great mining migration.” Who will gain an advantage of this great crypto exodus? Experts believe that would be the places with abundant solar and wind energy, free market, and crypto-friendly policy. For a long time,…

Tim Berners-Lee, the British computer scientist and internet pioneer, is auctioning the source code for the World Wide Web as a nonfungible token (NFT) for charity. Bidding — entitled “This Changed Everything” — will start at Sotheby’s in London on June 23rd at 7:00 pm GMT at $1,000 and end on June 30th. Although a…

DeFi gets a bad rap for being complex, technology makes it simple enough to cut out middlemen in non-finance industries ranging from energy to e-commerce. Decentralized finance is far and away the hottest topic in crypto, touted as a way to make a fortune by backing the right token, but also a tool for taking…