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China turns up pace on CBDC release, tests infrastructure prior to adoption

The COVID-19 crisis has done little to dampen China’s interest in becoming the first major economy to distribute a central bank digital currency. Quite the contrary, its digital currency/electronic payment project appears to be picking up speed. In the Shenzhen region, for example, 100,000 local citizens this month received for free

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UAE, Saudi Arabian central banks release report on Project Aber CBDC trial

Central banks from two of the most powerful economies in the Middle East released today a report on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019, Project Aber was a joint effort between the United Arab

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AstraZeneca to Release Trial Data for Covid-19 Vaccine by Year End

Currently, AstraZeneca vaccine trials are in the late-stages, involving about 23,000 participants. The participants span across the UK, U.S., South Africa, and Brazil.British-Swedish pharmaceutical company AstraZeneca Plc (LON: AZN) hopes to release its vaccine data by the end of the year. The drugmaker announced the development as it reports a

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Ethereum 2.0 Countdown Begins With Deposit Contract Release

Ethereum 2.0’s deposit contract is now live, heralding the imminent unveiling of the “world computer’s” second act.Released at 15:00 UTC, according to developer Afri Schoedon, the deposit contract is the first physical implementation of Eth 2.0 for everyday users. The deposit contract acts as a bridge between the forthcoming proof-of-stake

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Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release

Filecoin, a decentralized storage network launched by Protocol Labs, is off to a rocky start after a strike by miners just one day after its highly anticipated miannet launch on Oct. 15. Five of its largest miners turned off their machines to protest the project’s “unfair” economic model that requires a

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