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Public interest in central bank digital currencies surpasses Bitcoin in 2020

A new report from the Bank for International Settlements (BIS) shows that 2020 is the year that momentum behind central bank digital currencies (CBDCs) has truly taken off.Published on Aug. 24, BIS’ new working paper analyzes the global state of CBDC research and development work, technical approaches and policy stances.

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Bitcoin surpasses $10,000 achieving the highest level since mid-February

[sociallocker id="55298"] The world’s largest cryptocurrency rallied above $10,000 once again amid optimism digital assets will continue to benefit in the wake of unprecedented global fiscal and monetary stimulus.Bitcoin rose about 5% on Tuesday to trade around $10,168 as of 10:05 a.m. in New York. The rally catapulted the coin

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Folding@Home Surpasses 400,000 Users Amid Crypto Contribution

In a recent Reddit ask-me-anything (AMA) Gregory Bowman, Folding@Home’s (F@H) director, revealed that the project currently has 400,000 computers actively contributing to research.“We had about 30K users before the pandemic started,” he stated, adding: “In the past two weeks, 400K volunteers have joined Folding@home.”The number of F@H donors has

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Libra Testnet Surpasses 50,000 Transactions Since September Launch

The Libra testnet has logged over 51,000 transactions since it was reset in September, with 34 projects having been developed on the network according to an update released by The Libra Association last week. In a blog post titled “Five months and growing strong: the Libra project,” the project’s lead developer, Michael

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Tether Surpasses Bitcoin and Ethereum in 24h Volume with Large USDT Transactions

Current crypto market sentiments and Tether transaction volumes at various crypto payment processors suggest that Tether (USDT) is becoming one of the most traded digital assets in the crypto market, leaving Ethereum (ETH)trade behind in the third place and even Bitcoin(BTC)trade in the second place (!) in 24 hour volume.Blockchain

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Stablecoin Tether (USDT) Surpasses Bitcoin as most Traded Digital Currency

The world’s most widely used cryptocurrency is Tether (USDT) and not Bitcoin (BTC), this according to a BNN Bloomberg report published October 1, 2019. Citing data from the cryptocurrency analytics website CoinMarketCap.com, the report claims that USDT is the highest weekly and monthly traded digital currency. USDT Trumps BTC Whilst Bitcoin continues

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