Cryptocurrency Analysis and News Portal
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS),
Read More
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “officially building an open bitcoin mining system.” The Block’s Hardware General Manager: ‘We See Bitcoin Mining as a Long-Term Need
Read More
Bitcoin (BTC) hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation of an open Bitcoin mining system.The BTC space continues to surprise and bewilder critics and fanatics alike. Kazakhstan, the network's second most important
Read More
Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48 — jack⚡️ (@jack) January 13,
Read More
Block, formerly known as payments company Square, is going ahead with its plan to build an open-source bitcoin mining system, according to a Tweet from Thomas Templeton, Block's general manager for hardware.In October we announced that we’re considering building a bitcoin mining system, out in the open & alongside the
Read More
Last month, the lead vocalist of System of a Down, Serj Tankian, hosted an art exhibition with the non-fungible token (NFT) platform and marketplace Curio NFT. The physical and virtual-melded art show was called “Not for Touching” and this week Tankian told Cryptox.trade News that he believes NFT technology has
Read More
U.S. Senator Elizabeth Warren has argued that cryptocurrency is not a path to financial inclusion like crypto advocates claim. “Bitcoin ownership is even more concentrated within the top 1% than dollars,” she said, emphasizing the need for “real solutions to make the financial system work for everyone, not just the
Read More
Global interbank messaging network SWIFT plans to explore how it can support interoperability in the tokenized asset market.SWIFT is planning a series of experiments in the first quarter around improving the exchange of information between the participants and systems that interact during the lifecycle of tokenized assets, according to a
Read More
The partnership with Enfusion signals Coinbase is betting on the continued growth of institutional interest in crypto trading, and is making moves to court the big players. As the crypto market expands, institutional trading makes up an increasingly large percentage of Coinbase’s overall trading volume. Source
Read More
The U.S. banking giant has a pipeline of clients for the Onyx system, said Naveen Mallela, Onyx’s global head of coin systems. The infrastructure will take programmable payments beyond current uses like direct debits and standing orders, Mellela said. Source
Read More