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.
One of the largest cryptocurrency platforms, Coinbase, has decided to strengthen its team in an attempt to legitimize digital assets in the eyes of vigilant regulators and institutional investors. The San Francisco startup said Tuesday it is hiring Jeff Horowitz as its first chief executive officer. Horowitz was a managing director and chief technology officer at Pershing, a subsidiary of BNY Mellon.
There are currently more than 1,700 decentralized applications (DApps) published on the Ethereum network, and their number continues to increase. And although all Dapps rely on smart contracts, the reliability of smart contracts themselves is questionable - cybercriminals have already earned more than a billion dollars from hacking them.
CryptoCompare, a global aggregator of cryptocurrency market data, has entered into a strategic partnership with Thomson Reuters, a provider of news and information for professional markets. Under the agreement between the companies, CryptoCompare will integrate orders and trading data for up to 50 coins from different exchanges into the Thomson Reuters Eikon financial platform, thereby helping institutional investors gain a better understanding of the overall cryptocurrency asset market.
Yesterday, AlphaPoint posted on its blog about the launch of a next-generation crypto exchange for retail and institutional investors called DCEX. The San Francisco-based exchange will be the first in the world to operate with XRP as its sole base currency.
The Iranian rial has lost almost half its value on the unofficial market since the start of the year. The government is making attempts to stabilize the exchange rate, but against the backdrop of looming US sanctions, Iranians are desperately buying up affordable fiat, gold and cryptocurrency.
A recent review released by the European Parliament's Economic and Monetary Affairs Committee argues that cryptocurrencies can effectively replace existing fiat currencies.
In an attempt to comply with the requirements of the Japan Financial Services Agency and the need to protect the interests of traders and investors, Bitflyer will block the accounts of users suspected of price manipulation.
The altcoins' flat ended with bearish momentum, but after a slight recovery, the decline did not end. Another fall could update yesterday's lows
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