In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
Goldman Sachs is embroiled in the worst scandal in its history - a multibillion-dollar international fraud. Investigators link him to Malaysian Prime Minister Najib Razak, who spent the proceeds of the scam on luxury goods and an extravagant lifestyle.
The price of Bitcoin has been very stable lately. For more than two months, the digital currency has been around the $6,500 mark. According to analysts, price stability is usually accompanied by major changes. Could this mean that there will be another race before the New Year?
Venezuela is working hard to establish itself as the first country to launch a national cryptocurrency. The government has announced that cryptocurrency should mitigate the economic problems associated with traditional fiat currency and become a widely used means of payment in the country.
The upcoming hard fork of the BCH network influenced not only the increase in the price of Bitcoin Cash, but also stimulated an increase in the price of other altcoins. After a pullback and short-term consolidation, growth may continue.
The revival of the cryptocurrency market also affected trading pairs TRX/USD and ADA/USD. According to Justin Sun, the founder of the platform, on November 2, the number of TRX transactions amounted to 990 thousand, double that of Ethereum.
A video posted last week by cybersecurity specialist Lukas Stefanko revealed a malicious app hosted on the Google Play Store that steals users' login credentials for regular banking and cryptocurrency apps.
On November 15th, a hard fork could split the BCH network, and crypto companies have begun to weigh the pros and cons of this event. Part of the community supports the version of BCH promoted by the Bitcoin ABC development team, who split the Bitcoin blockchain and created Bitcoin Cash last August. The other part supports the network developed by nChain, associated with Craig Wright and the CoinGeek mining pool.
After yesterday's high, prices retreated slightly. Will growth continue?
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