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.
IBM recently announced that it is launching Blockchain World Wire (BWW), an international payment system with lower costs and faster transaction times, which is expected to phase out the need for banking intermediaries.
Popular cryptocurrency hardware wallet Ledger Nano S announced today that it will add EOS to its list of supported cryptocurrencies. The coin is currently the fifth largest cryptocurrency by market capitalization.
On the last day of summer, Reddit user "sick_silk" reported that the owner of a large wallet associated with SilkRoad was actively moving funds, dividing them into 100 coins and dumping them into 80 smaller wallets. The crypto community immediately assessed the threat of releasing such funds onto the crypto market.
A traditional pyramid was disguised in Omsk as an investment crypto fund. In total, the organizers managed to collect 36 million rubles from Omsk crypto investors. (about $500,000).
According to a Reuters report last week, Venezuela's oil-backed cryptocurrency is largely unused and the government, despite promises, is doing nothing to put its oil reserves to use in this space.
Altcoins continue to consolidate. The exception yesterday was Litecoin
The mayor of Naples wants to launch an autonomous municipal cryptocurrency as a counterweight to the “rotten euro” in order to free himself from Northern control over the southern cities of Italy.
Both TRON and NEO wanted to acquire the peer-to-peer file sharing program BitTorrent, with NEO even offering 50 million more.
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