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.
On July 2, the cryptocurrency platform officially launched the Coinbase Custody service. Last week, the exchange received its first test deposit, and is now ready for the full operation of the custodial service. “We officially opened today,” said Sam McInval, project manager.
The maximum block size on the Bitcoin Cash blockchain is 32 MB, which is significantly larger than the block size of most modern blockchain networks. This large block size will increase BCH throughput. Until May of this year, the BCH blockchain consisted of 8 MB blocks. Now community members want to test the network by sending a huge number of transactions on the BCH blockchain over a 24-hour period.
The exit from the narrowing range has passed in the direction of the trend and the price is ready to compete for the key level confirming the trend change
The American basketball team Sacramento Kings will become the first professional team to mine cryptocurrency and use the funds for charity.
The Tezos Foundation officially announced the launch of an experimental version of the Tezos platform on its website. The main launch of the network is planned for the third quarter of this year.
Numerous cryptocurrency projects have emerged over the past 18 months, but more than 800 of them are now dead, drawing comparisons between the current digital coin market and the 2000 dot-com bubble.
The world's oldest crypto exchange is reopening its platform nine months after it closed. Its leaders also shared their plans to launch their own token in the future.
The European Parliament's Economic and Monetary Affairs Committee (ECON) has released a 30-page report on cryptocurrency entitled “Virtual currencies and central bank monetary policy: the challenges ahead.” The report's conclusion is that cryptocurrencies are unlikely to replace fiat even in the long term.
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