News

This is a Side Effect of the Central Bank’s Digital Currency

The application of central bank digital currencies in various countries in the world can certainly increase economic effectiveness. However, Deutsche Bank (DB) believes there will be side effects to the further adoption of digital currency in society. According to a report related to the latest cryptocurrency from Deutsche Bank, the global banking giant of the …

Filecoin Confirms Mainnet Launch Date Next Month!

After successfully raising $ 205 Million from an Initial Coin Offering (ICO), Filecoin confirmed that it would launch a network mainnet soon! Reporting from an official post on September 27, the blockchain-based storage service provider, Filecoin, will officially launch its mainnet network on block 148,888 on October 15, 2020. Different from Amazon Web Services, Cloudflare, …

Coinbase Helps the US Government Combat Illegal Trade

One startup unicorn cryptocurrency, Coinbase, reportedly provided assistance to the United States government through partnerships with the Drug Enforcement Administration (DEA) and the United States Reveneu Service (IRS). This is a collaborative project involving DEA and IRS, as well as other companies, such as Chainalysis, Elliptic, CipherTrace who took part in this project to help …

Chinese Central Bank Executives Call Bitcoin an Example of Success

Former deputy governor of China’s central bank, Wu Xiaoling, said in an interview with local news media outlets that Bitcoin is perhaps the most successful use of the blockchain so far. Despite the government’s anti-crypto attitude and unwillingness to regulate cryptocurrency, China’s central bank, and other high-ranking officials have acknowledged and made efforts to raise …

NFT Marketplace Opens the Korean Game Industry Path on Crypto

The Korean Blockchain game company, PlayDapp is sliding into the market with non-interchangeable tokens (NFTs), which paved the way for Korea’s multi-billion gaming industry into digital assets. This release was announced on June 8, 2020, with a new platform called ‘PlayDapp MarketPLAce’. This platform promotes itself by providing free support for coin-to-coin trading between various …