Venezuela: second attempt at CBDC
    23 Aug 2021
    701 Views

    This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…

    Crypto investors claim multimillion damages from Binance after a major outage in May

    Financial Times reported that a group of investors, which claims multimillion damages after a Binance service outage, has raised $5 million to sue the crypto exchange. However, the case will likely be complicated by the ambiguous legal status of Binance. Binance has explained the crash due to technical problems, engaging with users affected by the…

    Cardano reaches a new all-time high, becoming the third-largest crypto

    Cardano has achieved a new all-time high of $2.54 in the early hours of trading Friday morning. ADA’s market capitalization topped $80 billion compared to Binance coin’s (BNB) $72.1 billion, according to Messari provider’s data. It has surpassed Binance’s native token in total market capitalization, becoming the third-largest crypto in the world. Cardano (ADA), the…

    Polkadot announces the next 5 Parachain auctions on Kusama
    22 Aug 2021
    900 Views

    Following the debut success of Kusama Parachain auctions back in June of this year, the Kusama Council is set to approach a further five auctions. The good news is rolling in for the Polkadot team, who’ve been working hard on Parachain auctions on its testnet. In addition to being secured by the central Relay Chain,…

    Venezuela: second attempt at CBDC
    22 Aug 2021
    825 Views

    This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…

    Philipp Plein becomes the first major fashion group to accept cryptocurrencies
    21 Aug 2021
    765 Views

    Major fashion house Philipp Plein, based in London, has started accepting 15 different types of cryptocurrency, expecting the biggest impact to be through its online channels over in-store purchases. The company’s founder believes that other leading brands will follow his suit. Switzerland-based Philipp Plein Group in early August announced accepting various cryptocurrencies, including Bitcoin and…