Stability

Ripple Partners With Bhutan To Pilot CBDC Project

Source Node: https://bitcoinist.com/ripple-partners-with-bhutan-to-pilot-cbdc-project/?utm_source=rss&utm_medium=rss&utm_campaign=ripple-partners-with-bhutan-to-pilot-cbdc-project
Time Stamp: September 24, 2021 7:02 AM - Modified On: September 24, 2021 - Published By:
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Ripple, in partnership with The Royal Monetary Authority of Bhutan, will start trials for a digital Ngultrum. The San Francisco-based company will integrate its distributed ledger technology into Bhutan’s existing payment system with the help of its CBDC Private Ledger product. Related Reading | Ripple and XRP: The Complete Guide The leading provider of enterprise blockchain and crypto solutions for cross-border payments announced this partnership on Wednesday. There was also a Twitter announcement to this effect. “Today, we are proud to announce our partnership with Bhutan’s central bank, the Royal Monetary

Italian Payments Giant Nexi Involved in Digital Euro Project

Source Node: https://news.bitcoin.com/italian-payments-giant-nexi-involved-in-digital-euro-project/
Time Stamp: September 24, 2021 2:00 AM - Modified On: September 24, 2021 - Published By:
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Nexi, a leading European payments company, is reportedly giving advice to the European Central Bank (ECB) related to the digital euro project. The announcement was made by Nexi’s CEO Paolo Bertoluzzo, who also gave his opinion about the future of central bank digital currencies (CBDC) and cryptocurrencies during the Money 20/20 fintech conference in Amsterdam. Nexi Advising ECB on Digital Euro Issues Nexi, one of the biggest payments companies in Europe, is working in tandem with the European Central Bank toward the creation of a digital euro, according to statements

Top-10 Aspiring Altcoins to Watch in September

Source Node: https://beincrypto.com/top-10-aspiring-altcoins-watch-september/
Time Stamp: September 2, 2021 6:12 AM - Modified On: September 2, 2021 - Published By:
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This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Japan’s Rakuten Wallet to resume XRP margin trading next week

Source Node: https://ambcrypto.com/japans-rakuten-wallet-to-resume-xrp-margin-trading-next-week/
Time Stamp: September 2, 2021 5:30 AM - Modified On: September 2, 2021 - Published By:
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While Ripple Labs and XRP continue to face scrutiny in the U.S, other countries and agencies might soon look at the latter more favorably. Rakuten Wallet, operated by one of Japan’s leading e-commerce portals, has just announced the resumption of XRP trading on its platform. Rakuten’s crypto-arm had discontinued services related to XRP in December last year following concerns arising from the SEC’s lawsuit in the U.S. At the time, the company had claimed that they were unsure if XRP’s liquidity could be secured. The entity had also raised concerns

NFT Heroes: Fitting the framework of the growing NFT avatar market

Source Node: https://ambcrypto.com/nft-heroes-fitting-the-framework-of-the-growing-nft-avatar-market/
Time Stamp: August 30, 2021 4:46 AM - Modified On: August 30, 2021 - Published By:
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NFT marketplace NFT STARS has announced the launch of its NFT avatar collection – SIDUS: The City of NFT Heroes. The collection features 7,500 unique characters developed in partnership with over 200 modern artists from the international collective NFT256. SIDUS differs from dozens of other collections by combining the functionality of a gaming DAO metaverse, a yield farming service, and a digital art collection, all into one. The NFT Heroes collection comes forth at the perfect time, when NFT avatar projects are on the rise and the NFT market, as

Cardano Enters ‘Final, Critical Stage’ Prior to Alonzo Upgrade Next Month: IOHK

Source Node: https://dailyhodl.com/2021/08/28/cardano-enters-final-critical-stage-prior-to-alonzo-upgrade-next-month-iohk/
Time Stamp: August 28, 2021 6:05 PM - Modified On: August 28, 2021 - Published By:
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Cardano has entered the “final, critical stage” prior to the platform’s much-publicized Alonzo upgrade, according to blockchain research and engineering company Input Output Hong Kong (IOHK). IOHK has submitted an upgrade proposal to the Cardano testnet to “hardfork the chain into the Alonzo era,” according to a Twitter post from the company. ADVERTISEMENT   The Cardano (ADA) developer says it is still targeting September 12th for the upgrade, which aims to bring smart contract functionality to the blockchain via a “hard fork combinator (HFC) event.” IOHK says the development is

Institutional investors — the future of crypto is in their hands. Or is it not?

Source Node: https://coinrabbit.io/blog/institutional-investors-the-future-of-crypto-is-in-their-hands-or-is-it-not/
Time Stamp: December 30, 2020 6:02 AM - Modified On: May 21, 2021 - Published By:
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Institutional investors are believed to drive the cryptocurrency market’s adoption and growth. Their involvement promises to make crypto widely recognized and accepted as a truly global currency. Bitcoin is supposed to gradually become an alternative to gold and skyrocket to unprecedented crypto prices.  But is this really how institutional investors work? In which direction are they actually driving the crypto market — and, after all, who are they? In this article, we will bring you the latest examples of huge whales’ interest in crypto, discover the reasons for that, and

Turkey Residents Panicking Over Massive Inflation

Source Node: https://cointelegraph.com/news/turkey-residents-panicking-over-massive-inflation
Time Stamp: August 19, 2020 1:13 AM - Modified On: May 21, 2021 - Published By:
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Rampant inflation is affecting Turkish residents’ confidence in the nation’s lira fiat currency. According to a Reuters report on Aug. 14, locals are dumping lira, converting it to dollars and buying gold. Even with market interventions and reassuring stories about monetary stability coming from the government, the locals’ faith in the lira is on a downward trajectory. Inflation is currently at 11.8% and has overtaken the amount of interest offered for savings at banks. One resident was quoted as saying he had bought gold as a safe-haven asset:“I think it is the best investment