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Monthly Trading Volume on Decentralized Exchanges Exceeded $ 10 billion

Monthly Trading Volume on Decentralized Exchanges Exceeded $10 billion

Posted by By Vince Saboti September 1, 2020Posted inBitcoin News
Trading output on decentralized exchanges surged amid a boom in interest in DeFi and surpassed $10 billion in August. According to Dune Analytics provided data, DEX trading volumes in the month of August…
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Payment Giant Visa's Leadership Calls for Bitcoin Purchases

Payment Giant Visa’s Leadership Calls for Bitcoin Purchases

Posted by By Vince Saboti August 31, 2020Posted inBitcoin News
The consequences of the activities of the US Federal Reserve are becoming so serious that even the leaders of the payment giants started talking about Bitcoin. On August 28, after the statement of…
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US and South Korean Government Departments Switch to Blockchain

US and South Korean Government Departments Switch to Blockchain

Posted by By Vince Saboti August 31, 2020Posted inBitcoin News
The Korean Internet and Security Agency (KISA) will create a profile of each of its employees on a blockchain. Agents will be associated with it with a mobile identifier - a cryptographic key protected…
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More Than 95% of the Trading of Cryptocurrency Futures Falls on Asian Exchanges

More Than 95% of the Trading of Cryptocurrency Futures Falls on Asian Exchanges

Posted by By Vince Saboti August 30, 2020Posted inBitcoin News
Asian exchange trading accounts for more than 95% of cryptocurrency futures contracts trading volume, according to a new report by Swiss company Blockchain Valley Ventures (BVV). As BVV states in its report, Asian…
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The US Federal Reserve is Choosing a Public Blockchain For the Digital Dollar

The US Federal Reserve is Choosing a Public Blockchain For the Digital Dollar

Posted by By Vince Saboti August 30, 2020Posted inBitcoin News
The Federal Reserve Bank of Boston has become, by the decision of the US Federal Reserve, the main state platform that conducts active research as part of the project to create the digital…
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The Number of Bitcoins in the Wallets of Miners Reached a Two-Year High

The Number of Bitcoins in the Wallets of Miners Reached a Two-Year High

Posted by By Vince Saboti August 29, 2020Posted inBitcoin News
Companies that mine the first cryptocurrency have been hoarding it since September last year. Most often, this behavior indicates that market participants are preparing for the value growth of the digital currency. The…
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Equinor Will Fight CO2 Emissions by Mining Bitcoin

Equinor Will Fight CO2 Emissions by Mining Bitcoin

Posted by By Vince Saboti August 29, 2020Posted inBitcoin News
The large energy company Equinor plans to use Crusoe Energy Solutions for Bitcoin mining to reduce carbon dioxide emissions created by oil fields. Companies that extract "black gold" often simply burn the surplus…
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NASA Implements Blockchain For Inter-Satellite Communications

NASA Implements Blockchain For Inter-Satellite Communications

Posted by By Vince Saboti August 28, 2020Posted inBitcoin News
NASA has initiated the funding of the SCRAMBL blockchain-based platform as part of its program for technology transfer designated for small businesses. The ultimate purpose of this action is the installation of inter-satellite…
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China's Social Credit System Integrates Hyperchain Technology's Blockchain

China’s Social Credit System Integrates Hyperchain Technology’s Blockchain

Posted by By Vince Saboti August 28, 2020Posted inBitcoin News
China's so-called " system of social credits" will be using Hyperchain Technology's managed blockchain Remin Chain to share data between provinces and strengthen citizen surveillance. According to a Chinese state media publication, Hyperchain…
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China's Inner Mongolia Province to Raise Electricity Tariffs by 30%

China’s Inner Mongolia Province to Raise Electricity Tariffs by 30%

Posted by By Vince Saboti August 27, 2020Posted inBitcoin News
After inspecting 30 cloud computing businesses, authorities in China's Inner Mongolia Province have decided to raise electricity tariffs by 30% for 21 mining farms. The Inner Mongolian government found that 21 firms on…
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