The collapse in the prices of digital assets over the past year will allow investors to focus on the “true value” of this new technology, the distributed ledger and the smart contracts that can be built on them, former Reserve Bank of India Governor Raghuram Rajan said on Wednesday. “The idea that somehow cryptos are […]
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Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain’s Financial Services Minister Andrew Griffith said on Tuesday. China has pushed ahead with piloting a digital yuan and the European Central Bank is studying a digital euro, piling pressure on Britain to do the same and keep abreast […]
One of the top five blockchain projects in the telecom sector is Telcoin (TEL). Launched in 2017, Telcoin is an Ethereum-based token developed to bring instant international transactions to all mobile users. This peer-to-peer payment system leverages blockchain technology and mobile money infrastructure to enable users to send money instantly anywhere in the world. It […]
The crypto winter that began earlier this year with Russia’s invasion of Ukraine has turned into a disaster with the recent FTX crash. While the ultimate fate of FTX and its creditors is not yet decided completely, it is not all doom and gloom. Telcos may have a significant chance to jump in and take […]
Crypto can enable financial inclusion and economic empowerment across the globe in many areas where financial services are either lacking or even corrupted. Users of crypto can bypass some international and banking restrictions and even have an alternative to storing and saving money. As it stands today, crypto is the wild west. However, large global […]
The crypto market has had a disastrous first half of 2022. Bitcoin and ethereum have dropped by more than half since their all-time highs in late 2021. While there have been some tiny gains in recent weeks, the cryptocurrency market as a whole remains relatively stagnant. While no one knows for certain, some analysts believe […]
So you finally gave into the intrigue and want to know what all the fuss is about around NFTs? You’ve come to the right place. Read on for a brief yet comprehensive guide about NFTs for dummies. A non-fungible token (NFT) is a special digital code that identifies a certain sort of digital object and […]
When a region’s economy contracts over several months or even years, a recession occurs. The region’s gross domestic product (GDP), or the sum of the value of the goods and services it produces, declines during these times. At the same time, sudden changes in the cost of commodities like gas or oil are possible. Industries […]
People worry that the ‘tech bubble‘ will likely burst right in front of them. Rightfully so. This year, tech shares are down more than 30 percent, and private firms are experiencing confidence-shattering down rounds. In contrast, cryptocurrency exchanges like Celsius declare bankruptcy as prices of cryptocurrencies plummet. And FTX is taking the whole crypto market […]
People see cryptocurrencies as either the future of finance or a pyramid scheme filling scammers’ pockets. No matter which of these two groups you belong to, it is undeniable that cryptocurrencies are becoming a part of our everyday world, and brands are heightening their acceptance of any payment in cryptocurrency. The first cryptocurrency to ever […]