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0 CommentsMicroStrategy CEO Michael Saylor expressed his support for cryptocurrencies and called Bitcoin the most dominant digital property network. In the interview with CNBC on Tuesday evening, he compared Bitcoin to digital gold on a big technology network. Commenting about the performance over the last 12 months the recent surge in inflation, and the role of…
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…
Another surge in the value of BTC and the corresponding rise in interest, predictably entailed more than the next cryptocurrency boom. On top of that, the state bodies of different countries have become more active with their unending desire to regulate everything in sight. The official recognition of bitcoin as a legal tender was a…
Legendary billionaire investor Mark Cuban said on Sunday that the U.S. government and regulators should start getting behind crypto innovations, like decentralized finance (DeFi). In other ways, the U.S. will “lose the next great growth engine that this country needs.” Cuban outlined his mind in the blog post named “The Brilliance of Yield Farming, Liquidity…
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…
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…
