South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a…

Report: 12.7% of Shoppers Want Amazon to Sell Crypto Services, is it a Possibility?

Report: 12.7% of Shoppers Want Amazon to Sell Crypto Services, is it a Possibility?

Only 12.7% of Amazon customers want the marketplace to sell crypto products or services, according to a new report. Global financial portal Investing.com surveyed more than 1,000 Amazon clients to study their consumption rate from the online portal. The survey included a section that discussed possible products – hypothetical services that Amazon should offer as…

Satoshi’s Roundtable: Community Disputes Over Mention of Bitcoin Supply Increase

Satoshi’s Roundtable: Community Disputes Over Mention of Bitcoin Supply Increase

Since Bitcoin (BTC) came to life in early-2009, as the cryptocurrency godfather himself, Satoshi Nakamoto, mined the first block, the asset’s 21 million supply limit was made clear as day. While the deflationary nature of BTC made sense at the time, especially to decentralists with the 2008 Great Recession fresh in their minds, the narrative has…

FOMO Hits Basic Attention Token After Coinbase Unveils New Earning Opportunity

Basic Attention Token (BAT) climbed the crypto market rankings on Thursday after Coinbase announced a new opportunity to earn free tokens through the interactive Brave browser. BAT Price Update BAT quickly emerged as the market’s top performer on Thursday, gaining as much as 30% in less than two hours. The token peaked at $0.1342 late…

Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

Coinbase has announced support for bitcoin core (BTC) in the company’s noncustodial wallet. The wallet was originally originally dedicated to ethereum (ETH), ethereum classic (ETC), ERC721 and ERC20 tokens. The San Francisco based company plans to add more currencies to the wallet in the near future. Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai…

Bitcoin Trading Reaches All Time High in Venezuela Amidst Ongoing Economic Collapse

Bitcoin Trading Reaches All Time High in Venezuela Amidst Ongoing Economic Collapse

Bitcoin weekly trading volumes in Venezuela reached a new all-time high, rising to almost $7 million per week on p2p platform LocalBitcoins. Bitcoin (BTC) trading volumes in Venezuela have reached a new all-time high amidst massive hyperinflation and an ongoing presidential crisis, tech news outlet TrustNodes reports Feb. 6.Bitcoin weekly trading volumes reached above 2,000…

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