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Mexico’s Second Richest Man Reveals 10% of His Liquid Assets Are in Bitcoin

Mexican billionaire Ricardo Salinas Pliego just declared 10% of his portfolio is now tied up in bitcoin.Announced in a tweet on Wednesday, Mexico’s second-wealthiest man responded to questions that “many people” ask him about bitcoin, saying: “YES. I have 10% of my liquid portfolio invested.”“Bitcoin protects the citizen from government

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New WEF study reveals issues facing blockchain and crypto standards

A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping Initiative, the study notes that the gaps, divergence and overlap in the standard-setting landscape of the blockchain industry

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China Central Bank Official Reveals Results of First Digital Yuan Pilots

An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities.Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300 consumer digital wallets and 8,859

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Polkadot reveals ‘initial parachain offerings’ to counter traditional IPOs

Much of the current blockchain ecosystem has been built around traditional concepts. Therefore, it’s not surprising to see crowdfunding mechanisms tailored specifically for blockchain projects that resemble initial public offerings. For example, in 2017, the blockchain space witnessed the rise of initial coin offerings, and while the ICO framework quickly attracted

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