Cryptocurrency News

China: Chainlink-adoptee national blockchain project goes live; 135 public nodes running

The Zhejiang district in China has laid the foundation for the Blockchain Service Network, (BSN) the country’s ambitious nationwide blockchain project, as per local reports this week. For starters; 135 public nodes are reportedly active in the province — affirming to China’s broader Five-Year-Plan that heavily features blockchain technology. Chainlink oracles form a major part Read more…

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Blockchain Cryptocurrency News

Lithuania To Sell 24,000 Blockchain-Based Digital Tokens Called LBCOINs Next Week

According to a recent report, Lithuania may be the first nation to launch a central bank-backed digital coin in the eurozone. The country’s central bank plans a pre-sale of twenty-four thousand blockchain-based digital tokens called LBCOINs. Lithuania To Sell 24k Blockchain-based Tokens A Reuters report from earlier today informed that the Baltic country has completed Read more…

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Cryptocurrency News Market

Sweden’s Central Bank To Begin Testing National Cryptocurrency

The Swedish Central Bank will establish a test group for its potential digital currency – the e-krona. It will run for a year and should confirm if there’s an actual need case for launching a digital krona. Testing The E-Krona Recently reported by local news, the Riksbank is ready to launch a group to examine Read more…

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Cryptocurrency News Ethereum

How This Solution Could Unlock Massive Adoption For Ethereum

Ethereum has had a couple of miserable years in terms of price but development on the world’s largest smart contract and dApp platform has continued. Speed and scalability are the keys for mass adoption and a solution is already being developed. Ethereum Evolution Ethereum’s infighting in 2016 and 2017 has been replaced by co-operation and Read more…

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Cryptocurrency News

ECB to Set Objectives for Own Digital Currency, Lagarde Suggests

The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. After the event, new ECB President Read more…

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Bitcoin Cryptocurrency News

Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from Read more…

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Blockchain Cryptocurrency News

Just In: British Virgin Islands Launch Own Digital Currency

The government of the British Virgin Islands (BVI) is about to announce the details of its own digital currency. The project is developed in partnership with blockchain-oriented startup LIFElabs.io. BVI’s Digital Currency to Replace USD More governments are turning to proprietary digital currencies over the last year than ever before. China and the Marshall Islands Read more…