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.
The Venezuelan Parliament said that the country's President Nicolas Maduro illegally and in violation of the Constitution announced the support of the national cryptocurrency El Petro with oil fields
EOS is not just another cryptocurrency in a long list, but a new blockchain-based operating system that is based on Ethereum technology and is designed to perform multiple tasks simultaneously. EOS acts as both a digital currency and a financial structure at the same time.
Recently, the vice-president of Groupe Nduom, a leading financial holding company in Africa, Papa-Vassa made a statement: “Thirteen African countries must buy bitcoin and immediately.” His proposal comes as many African countries rely entirely on the dollar as their reserve currency.
A completely new cryptocurrency that literally flew into the TOP-10 and is confidently gaining momentum. It is based not on the usual blockchain, but on an alternative technology. This principle is called a directed acyclic graph (DAG). In this structure, there is no need for miners since all hashes are initially generated. That is, all network users essentially perform the work of miners.
There is probably no one who has not heard about mining and that with its help you can earn “huge money”. More and more people are trying to dig up crypto coins. But there are also those who engage in “black” mining - they mine cryptocurrencies at the expense of other people’s resources.
In the world of cryptocurrencies, you don't see exchange-traded assets turning into public shares very often. In fact, in all nine years of the existence of cryptocurrencies, this has never happened even once. Blocksafe will release their own token called TRIG, however they will not be trading it on Bittrex, but will begin selling the token on the Nasdaq public trading platform in the near future.
Analysts at The Wall Street Journal, having monitored the situation on the bitcoin futures market, came to the conclusion that small traders are betting on the growth of the bitcoin, while large ones are openly short-selling.
The Chinese bitcoin mining pool ViaBTC is beginning the procedure of closing its cloud mining contracts.
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