Bhutan Partnered With Ripple to Pilot Test The Model Of Their CBDC
The Royal Monetary Authority (RMA); Bhutan’s central bank; has teamed with Ripple to begin testing a model of its CBDC (central bank digital currency ) using Ripple’s technology. To cover comparable use scenarios, the test will employ Ripple’s proprietary CBDC private ledger. The proposed CBDC’s pilot test will comprise retail, cross-border, and wholesale payments. Bhutan […]
Daily Crypto News- With 100 million Holders, India Tops The List Of Crypto Ownership
https://crypto-labs.s3.amazonaws.com/2021/09/News-sep-25th.mp3Podcast: EmbedWith 100 million holders, India tops the list of crypto ownership Despite recent regulatory issues; India continues to be the country with the most holders, with 100 million users, or 7.3% of the population. With $40.3 billion traded in the last 24 hours; the constantly high volume of Bitcoin(BTC/INR) turned over may not come […]
RBI’s Governor D Subbarao Speaks On How Digital Currency is Different From Cash and Much More
Currency is a way of exchange for goods and services. In a nutshell, it is money in the form of paper or coins. Government-issued currency is an allowed method for any form of payment. Many countries accept the US dollar as payment, others directly peg their currency value to the US dollar. Let’s take a deep […]
Daily Crypto News- Twitter Introduces Tips and Enables Bitcoin Payments Using the Lightning Network With Strike
https://crypto-labs.s3.amazonaws.com/2021/09/News-Sep-24th.mp3Podcast: EmbedTwitter Introduces Tips and Enables Bitcoin Payments Using the Lightning Network With Strike Microblogging and social networking platform Twitter, has officially announced a new feature that will allow users (at least on iOS for the time being) to collect tips from other users via a variety of payment methods, including cryptocurrency. Twitter Introduces Tips […]
Robinhood to Launch Crypto Wallets
Next month, Robinhood will test “crypto wallets” with a select group of clients, allowing investors to send, receive, and transfer cryptocurrencies in and out of the Robinhood app. In recent months, some users have taken to social media to complain that by using Robinhood, they gained exposure to cryptocurrency prices but did not actually own […]
Daily Crypto News-Altcoins experience a 35% increase after Bitcoin reclaims $43,000
https://crypto-labs.s3.amazonaws.com/2021/09/News-sep-23.mp3Podcast: EmbedAltcoins experience a 35% increase after Bitcoin reclaims $43,000 After ETH reaches $3,000 and Bitcoin bulls take control of $43,000, LPT, COTI, and AXS lead altcoins higher. After falling below $40,000 on September 21; Bitcoin (BTC) is presently trading above $43,300, and Ethereum (ETH) has reclaimed the $3,000 mark. Altcoins have also made a […]
Altcoins Price Highs in Mid-Cap from Bitcoin and Ethereum
Bitcoin began the week in the red, and the rest of the crypto market soon followed. BTC and Ethereum are among the most resilient cryptocurrencies in the top ten by market cap for the weekly chart. Altcoins price highs in Midcap from BTC and ETH. In the midst of the storm that is affecting Bitcoin […]
Charles Hoskinson, The Founder of Cardano, says the term “smart contracts” should be changed
Smart contracts have been around for a yet in the crypto space, most recently debuting on Cardano. The Founder of Cardano, says the term “smart contracts”should be changed. Smart contracts have become even more important to the entire industry of decentralized finance (DeFi). This is cause they are required to build the protocols on which […]
Daily Crypto News- AMC Is Considering Dogecoin and Other Cryptocurrencies
https://crypto-labs.s3.amazonaws.com/2021/09/News-sep-22.mp3Podcast: EmbedAMC Is Considering Dogecoin and Other Cryptocurrencies AMC Entertainment CEO Adam Aron asked his Twitter followers today about the potential of adopting Dogecoin. Aron confirmed that AMC theatres would accept four other cryptocurrencies as payment for concessions and online ticket sales: BTC, LTC, ETH, and BCH. Mid-cap altcoins outperform Bitcoin and Ethereum in terms […]
Bitcoin (BTC) Mining Hashrate Rises Twice in 90 Days
Following a 90-day upward trend in its activities; Bitcoin hashrate is on the rise once more, with a 128 percent increase recorded during this time. China’s clampdown cut BTC hashrate Recall that about two months ago, the Chinese authorities imposed a series of institutional clampdowns on various mining operation centers; making it difficult for miners […]
