Brazil to Launch its New Digital Bank Currency

Brazil to Launch its New Digital Bank Currency

Brazil has finally decided to follow the footsteps of other Latin American countries to adopt cryptocurrencies as digital alternatives to the traditional banking systems. In its endeavor to make the interbank payments cheaper and faster, the Central Bank of Brazil has announced to launch a new blockchain-powered payment network called PIX or Instant Payment System.

Bitcoin Association Appoints Two Asian Ambassadors to Boost Bitcoin SV

Bitcoin Association Appoints Two Asian Ambassadors to Boost Bitcoin SV

The uptake for Southeast Asian digital currency – Bitcoin Satoshi Vision (Bitcoin SV) – continues to grow in the global blockchain space. To cater to this expansion, Bitcoin Association has appointed two new ambassadors based out of Malaysia and Singapore, respectively. The new ambassadors can accelerate the Association is supporting Bitcoin SV as one of

Bitcoin set to Gain New Heights Amidst Defi Popularity

Bitcoin Rise Despite the Defi Mass Adoption

Cryptocurrency is a digital currency that uses a type of encryption algorithm for carrying out processes like conducting transactions and generating coins. It does not have any physical representation and is not regulated by any financial or government body. The full transaction is conducted online. Bitcoin is the 1st currency that was developed way back

The World’s Largest Pension Fund Posted a Q1 Loss of $165B

The World’s Largest Pension Fund Posted a Q1 Loss of $165B

Japan’s Government Pension Investment Fund (GPIF) has posted a record quarterly loss of 17.71 trillion yen ($164.74 billion) in the first quarter of 2020 as COVID-19 hit stock markets. The damage is equivalent to the Bitcoin’s entire market capitalization. The GPIF decreased by almost 11% to 150.63 trillion yen ($1.4 trillion) in assets. The world’s largest

Personal Data of Thousands of Users Exposed in a Bitcoin Scam

Bitcoin Scam

An Overview The recent news in the world of Bitcoin is creating a sensation. Bitcoin has exposed loads of data on personal accounts. However, this horrible data leakage affected thousands of people by this sudden data breaching. Nevertheless, experts in BTC (Bitcoin) groups reclaiming it to be a phishing swindle. According to them, it is

How Chainalysis Helps in the Mass Adoption of Cryptocurrencies

How Chainalysis Helps in the Mass Adoption of Cryptocurrencies

Chainalysis is a blockchain analysis company founded on October 1, 2014, by 3 partners namely, Jonathan Levin, Jan Moller, and Michael Gronager and is having its headquarters in New York City, with an additional branch in Copenhagen, Denmark. The company provides investigation and compliance software solutions to the world’s leading businesses, banks, and governments across

Crypto Financial Rating Agency Weiss Ratings Mentions Binance Coin as Next Bitcoin

Crypto Financial Rating Agency Weiss Ratings

Bitcoin the first cryptocurrency of the world has recovered from the bear market and over the past few weeks bitcoin is rallying over the market. The bitcoin price rise in the market is noticed after a long crypto winter but still remains below its record break level of $20,000 per bitcoin, meantime traders and investors