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There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment of Single
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The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suites with cryptocurrencies. Bitwallet Becomes the ‘Official Digital Currency Wallet of the Houston Texans,’ NFL Team Accepts Crypto
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“The way in which crypto is used has shifted. Individual crypto assets and blockchains are no longer isolated systems and have become part of a larger, interconnected crypto economy,” Tom Robinson, co-founder and chief scientist at Elliptic, said. Source
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Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.The zkSTARK co-inventor made the comments to Cryptox during ETH Seoul on Aug. 7 after announcing the start of production
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The TerraUSD stablecoin collapsed for one reason: big holders didn't trust it. Original Source
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LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple
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Institutional investors shed $133 million worth of Bitcoin (BTC) investment products last week, marking the largest week of outflows since June last year. According to the latest edition of CoinShares’ weekly Digital Asset Fund Flows report, the overall digital asset fund outflows for the week ending April 29 totaled $120.1
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Sandeep Nailwal, who is one of the crypto industry’s most prominent Indian-born entrepreneurs and who now lives in Dubai, told CoinDesk that the creation of a collective authority composed of representatives from the Reserve Bank of India, Securities and Exchange Board of India, the Goods and Services Tax Council and
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Tesla and Spacex CEO Elon Musk has joined Twitter’s board of directors and promised to “make significant improvements” to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the “single most annoying problem on
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“A complete implementation of the ‘travel rule’ will prove to be difficult, considering not every technology allows this particular information to be stored and transferred. It would be much easier to set up a global register of identified addresses, a procedure also used in banking,” said Marc Toledo, managing director
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