Bitcoin Price Hits 7-Month High Against Turkish Lira

Oct 27, 2020 at 15:45 UTCUpdated Oct 27, 2020 at 16:01 UTCDelhi, India (Laurentiu Morariu/Unsplash)India Will Soon Have Crypto ‘Banking’ at 22 Physical LocationsIndia’s digital assets space continues to see rapid development, with the latest news from the subcontinent being cryptocurrency financial services offered at physical branches.According to a blog post from digital finance firm…

news A South Korean mobile payments dapp is rolling out a back-to-basics “clicks and bricks” growth strategy to boost retail adoption. Rather than an advertising blitz or sending an army of bots to make their case on social media, Terra Blockchain’s CHAI dapp is focusing on where customers actually transact to buy stuff. Founder David…

Dec 30, 2020 at 6:40 p.m. UTCSecurities and Exchange Commission, SEC, Building in Washington DC. (Getty Images)VanEck Proposes ETF for Bitcoin, Once AgainAs 2020 draws to a close, one of the prior proponents for an exchange traded fund (ETF) based on Bitcoin is trying again: VanEck has submitted an application to the U.S. Securities and…

Credit: JHVEPhoto / Shutterstock.comJapan’s Biggest Banks Are Talking About Building a Digital Payments SystemThree of Japan’s largest banks are among major players joining a study group looking at developing a digital payment system that may address concerns about cryptocurrencies. Mitsubishi UFJ Financial Group (MUFG), Mizuho Financial Group, and Sumitomo Mitsui Financial Group – institutions that…

Decentralized finance (DeFi) platform and stablecoin issuer MakerDAO has approved a hike in the reward to investors for holding its $4.5 billion DAI stablecoin and to reshuffle DAI’s reserve assets.In an executive vote concluded Thursday, the MakerDAO community ratified a proposal to increase the DAI Savings Rate (DSR) to 3.49% from 1%, providing additional incentive…

Cryptocurrency firm Crypterium has secured Financial Conduct Authority (FCA) registration to operate in the U.K., the firm announced Monday.Crypterium, which offers a cryptocurrency wallet app and has over 400,000 clients in 170 countries, said it is “one of only a small handful of companies to have passed the [FCA] registration process” from almost 200 that…

feature During a tense Senate Banking Committee hearing on Tuesday, in which Facebook blockchain lead David Marcus was skewered over the social media company’s ambitious Libra project, Sen. Mike Rounds (R-S.D.) started his remarks with a brief announcement: “Mr. Marcus, thanks very much for appearing here before us today. Before I begin my questions, I just…

After a non-fungible token (NFT) collection concludes a mint and its value skyrockets on the secondary market, any legitimate creator won’t abandon their project. They might mint more of the original NFT to generate sales or introduce a derivative token to grow a project’s community while keeping holders engaged, like when NimBuds creator Bryan Brinkman…

Investment in artificial intelligence is growing quickly and could have a bigger impact on U.S. gross domestic product (GDP) than the discovery of electricity or the advent of personal computers, Goldman Sachs (GS) said in a report Tuesday.“Generative AI has enormous economic potential and could boost global labor productivity by more than 1 percentage point…