Why central banks are pushing ahead with digital currencies
Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.
Central bank digital currencies could change government, the economy, and even society, writes Digivault CEO.
Also: Dozens of crypto firms sued in 11 class-action lawsuits. Bitcoin mining company Canaan bleeds red ink. Fintech funding in India, and more.
Bitcoin’s tumbling prices during the coronavirus pandemic may be an opportunity to buy the dip.
The U.S. backed away from a digital dollar in its coronavirus relief package. But a tokenized dollar would be better for America — and bring us closer to a true central bank digital currency, says a director of the Digital Dollar Project.
Aside from concerns about mismanagement, what else is causing Canaan to flounder? Forkast.News analyzes Canaan and the many storms — including the Covid economy and the next Bitcoin halving — now rocking the world of crypto mining.
Distributed ledger technology can help flatten the curve of Covid-19 through telemedicine, supply-chain security, rapid payments and more.
Other top news: Blockchain in TV and film. Going Dutch on Covid. Nodle’s new network. BMW tracking auto parts. House rentals in new intelligent city
Investment totals are down, but deals are still being inked and alternative fundraising methods are flourishing. What kind of investments will thrive? And which ones will likely flop?
As Covid-19 roils markets and currencies, next-generation algorithmic stablecoins may offer a smoother ride.
Other top headlines from around the world: Microsoft wants to power mining with brain waves. Crypto exchanges Huobi and OKEx under fire. China shifts to digitally sweep ancestral graves.