The new crackdown by the Communist Government of China against digital currency, including mining, has prompted an exodus of miners. Which is being named the extraordinary mining movement. So Taiwan can turn into a coherent decision for miners. Since it is the closest country to mainland China. Nonetheless, the broad
Numerous industry players and examiners have alluded to Bitcoin as the digital gold, as both gold and Bitcoin have a restricted inventory, along these lines are retaining value available. While gold is restricted by actual stockpiles and the trouble of extraction, Bitcoin mining is covered at 21 million coins by
Will the king of Altcoins ever overtake the throne as the king of the entire cryptocurrency industry? This has been quite a controversial debate ongoing for the past few months recently. Many speculate Ethereum (ETH) will for sure overtake Bitcoin (BTC) soon. And the latest addition to this, Goldman Sachs
Indian multinational IT company Tech Mahindra joins with StaTwig, a blockchain startup to provide a traceability solution for Covid-19 vaccine supply chain. This partnership implements a “VaccineLedger” to predict and prevent failures in supply chains, expired vaccines, and out of stock. VaccineLedger as a traceability solution Notably, through this partnership
The Philippine Stock Exchange (PSE) wants to be the stage for exchanging crypto resources when the country’s regulators issue highly anticipated rules overseeing the work, as indicated by a report from CNN Philippines. PSE President and CEO Ramon Monzon disclosed to CNN that the administration previously discussed setting up a
JPMorgan, the world’s biggest investment bank, is now changing its tone on crypto. The bank that had been skeptical of cryptos is now embracing them. The bank has issued a statement in favour of staking crypto, specifically the upcoming ETH 2.0. Ther US based bank says that crypto staking makes
New York billionaire Steve Cohen’s Hedge fund Point72 holds $22B worth of assets. The management is currently ready to hire a “crypto head” as it is ready to jump into the crypto sector. Point72 is the early-stage venture capital strategy funded over $22 billion under asset management. Thus with a
Mexican official recapitulates a ban on the use of cryptocurrencies. Herrara stated that cryptocurrencies are not legal tender belongings. Three entities iterated the warning they issued in 2014, 2017 and 2019. On Monday a topmost Mexican official recapitulates a ban on the use of cryptocurrencies in the country’s financial system.
Ricardo Salinas is the founder and chairman of Grupo Salinas and the third richest person in Mexico. With a family fortune estimated at $15.8 billion by Forbes. He is the owner of the large Banco Azteca banking business. Salinas Pliego on Sunday said that he recommends the use of bitcoin
Asia is emerging as one of the biggest crypto markets in the world. With it being the home to India and China, the most populous countries. It is primed to become the leader in the crypto world. Asia has been the primary market for many cryptos and exchanges. CoinMarketCap, the
