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.
Chinese trading company Alibaba has filed a petition in Manhattan District Court for an injunction against the company's unlawful use of the name Alibabacoin.
Washington Sanchez, co-founder of Openbazaar, tweeted his frustration with the high BTC fees. He expressed regret about his past BTC “maximalism” and assured of Openbazaar’s desire to pay more attention to altcoins.
Yesterday's bullish impulse on the Bitcoin price chart stimulated growth for some altcoins, while others remained neutral and sideways.
Recently, many prominent specialists from the world of traditional financial management are moving into the cryptocurrency business or blockchain projects. Cryptocurrency exchange Coinbase is adding employees from the traditional financial services sector.
Bitcoin forks cause a lot of controversy, and some of them can become the most scandalous. Bitcoin Prime and Anonymous Bitcoin are considered brazen scams of funds through a pump-and-dump scheme orchestrated by enterprising developers.
US payment processing company Square recently reported low profits from BTC trading on Cash App last quarter, according to Fortune.
According to Bloomberg, the city of Berkeley, California has launched an initiative to use blockchain technology for public funding of community projects.
On May 1, Facebook's annual developer conference F8 kicked off in San Jose. Traditionally, this is where Mark Zuckerberg and the social network team talk about all the innovations. Usually the most important things are announced on the first day.
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