Jamaica’s central bank taps Irish tech outfit for CBDC project
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May. Jamaica is the latest country making concrete efforts towards issuing its own sovereign digital currency. According to a press release by the Bank of Jamaica on Tuesday,Continue Reading
Crypto-focused software firm Lukka raises $53M in funding round
Lukka said it planned to add additional features for customers dealing in derivatives, DeFi products, and other products of the crypto space. Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a newContinue Reading
Nifty News: Sophia the Robot sells $1M worth, Cardano to clone NFT platforms, and more
Sophia the Robot has generated more than $1 million in NFT sales, Bhad Bhabie is dropping NFTs to help the “troubled teen industry”, Cardano trying to convince top NFT platforms to port over. If creative self-doubt and competition between humans in the art world weren’t already hard enough, artists nowContinue Reading
Who Is Cryptocurrency For? A Guide to Now and the Future
Cryptocurrency is at the age where it is no longer a novel thing; it’s been around for over a decade and regularly receives attention in the mainstream media. Who uses cryptocurrencies, what do they use them for, and what does the future hold for these various uses? Let’s take aContinue Reading
Ethereum Killers: Competition for the Second Biggest Blockchain
Ethereum is a programmable blockchain, capable of powering custom tokens, blockchain applications, and decentralized exchanges. However, since Ethereum went live in 2015, several other blockchains have attempted to improve on its features. Typically, competing platforms aim to offer support for a greater variety of assets, improve transaction speeds and costs,Continue Reading
Bitcoin Back Above $50k on New US Stimulus Package, BNT, CHZ, ENJ Mar. 1
BTC Bitcoin rallied back above the $50k level as the US Senate approved another stimulus package for the US economy. President Biden’s latest US$1.9 trillion deal will now head back to the House for amendments before it is approved. The market has been eagerly anticipating another stimulus bill after theContinue Reading
Understanding the Differences Between Investment and Savings
Investment and saving are two common terms in the world of wealth creation, especially in the equity market. Either of the two phenomena has their approach to the concept of creating wealth, and they play different roles when creating a financial strategy. It all boils down to what you wantContinue Reading
RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the centralContinue Reading
Study Finds Cryptocurrency Scams Surged 40% in 2020, Forecasts an Increase of 75% in 2021
A new study revealed that cryptocurrency-related scams almost doubled over the last year. However, forecasts are not optimistic going forward, as the report forecasts another significant increase in the number of cases in 2021. Research Scanned Over 300 Million Websites According to the “Cryptocurrency Scam Report” published by fraud preventionContinue Reading
Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO
PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March. The Tidal IDOContinue Reading
Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDCContinue Reading
Price analysis 3/24: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Bitcoin price is still meeting strong sell pressure near a key trendline, indicating the possibility of further downside for BTC and altcoins in the coming days.Continue Reading
Markets Pro delivers up to 1,497% ROI as quant-style crypto analysis arrives for every investor
41 of the 42 trading strategies tested by Markets Pro are currently beating Bitcoin’s investment returns, and 36 of them are winning against an evenly weighted basket of the top 100 altcoins.Continue Reading
Ethereum derivatives lean bullish even as ETH price sits at a key support
Ether price is trading near a critical support level, but derivatives data suggests pro traders expect more downside in the short term.Continue Reading
Strong fundamentals push Dent, Arweave (AR) and Enzyme (MLN) price higher
The growing need for data privacy and a renewed interest in the DeFi sector back the strong rallies seen in Dent, Arweave and Enzyme.Continue Reading















