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.
An unexpected move from the ICO platform Cofound.it. Thinking about the changing ICO market and the downturn that has turned bright projects into barely smoldering ones led the team to the decision to stop working.
The consolidation of altcoins will continue in the mid-price area for some time, but the decline is expected to resume soon.
According to a new study, hard forks pose a threat to the mass adoption of cryptocurrencies. This is because forking the blockchain of a particular cryptocurrency results in a loss of trust. In addition, such ramifications reduce user confidence in the ability of the primary cryptocurrency to continue to develop as a medium of exchange, the study says. Interestingly, 50 new hard forks are predicted to appear this year.
Investing platform Robinhood, which is rapidly gaining popularity, appears to be making up for lost profits from zero commissions by selling users' data to make a quick buck at high-speed trading firms (HFTs) on Wall Street.
A national educational portal will be created in Georgia using blockchain technologies. Prime Minister Mamuka Bakhtadze stated this at the presentation of education reform.
On Saturday, September 15, at the Singapore Cumberland Summit, Changpeng Zhao, founder and CEO of Binance exchange, announced his plans to launch a fiat-to-cryptocurrency exchange in Singapore. According to him, the closed beta test will begin on September 18.
Over the weekend, the market calmed down in a sideways movement and today we expect a continuation of the flat. By the middle of the week, the decline may resume.
On September 19, Smile-Expo will hold a large-scale event Blockchain & Bitcoin Conference Kyiv, dedicated to blockchain technology and cryptocurrencies. The conference will bring together top crypto experts from Ukraine and abroad, who will discuss cryptocurrency regulation, the use of blockchain in business and prospects for the development of technology.
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