Search results for "cryptocurrency"

Iran, pressured by blackouts and pollution, targets Bitcoin

Iran’s capital and major cities plunged into darkness in recent weeks as rolling outages left millions without electricity for hours. Traffic lights died. Offices went dark. Online classes stopped. With toxic smog blanketing Tehran skies and the country buckling under the pandemic and other mounting crises, social media has been rife with speculation. Soon, fingers […]

Applications of blockchain technology during the pandemic

The potential applications of blockchain technology go far beyond just cryptocurrency. Digital currencies are just the tip of the iceberg of what blockchain can be used for, especially in terms of digital health, and using technology to fight the pandemic. What makes this method much more secure for large-scale data driven operations is that if one block is hacked or tampered with, all the ones that […]

Are CBDCs the future of monetary systems?

The world is becoming more and more digital as time passes, with finance services championing this transformation, especially with the increasing demand of contactless digital payments swooping in, as the global Covid-19 pandemic magnifies our need for them. Many central banks around the world are looking to create their own digital currencies (CBDC) to spearhead […]

Is Blockchain-powered FinTech the future of finance?

Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]

DeFi 101 and pandemic effects

The pandemic’s hand has stretched far and beyond all financial markets, leaving no stone unturned. Covid-19 has had a direct impact on the status of financial markets worldwide, affecting everything from traditional banking systems all the way down to the crypto world – and our attention today will be oriented towards DeFi. For those not […]

Cryptocurrencies: adoption and transfers on the rise in Africa

Transfers made through mobile money applications have become increasingly popular in Africa leading to a rise in the use of cryptocurrency in Nigeria, Africa’s largest economy. According to Statista, Nigerians were the most likely to say they used or owned cryptocurrency, out of 65 countries. Cryptocurrencies used in Africa include Bitcoin, Dash and Lisk in […]

Software Company Founder McAfee Charged with Tax Evasion

By ADRIAN SAINZ Associated Press MEMPHIS, Tenn. (AP) — Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights to his life story for a documentary, prosecutors in Tennessee said Monday. A June […]

Croatia’s Fintech scene sets example for Western Balkans

The Fintech scene in Croatia was acknowledged for the first time in 2018 by a broader public, and has witnessed  tremendous progress in the past few years. Meetups and conferences were encouraged to inspire and motivate young Croatians to be the leading Europeans in the category of digital skills, by realizing what skills they needed […]

Digital to change business in a post-COVID-19 world

Since the start of the pandemic, we  have witnessed a lot of changes in the world around us. Many businesses have suffered huge losses amid the crisis, whilst others achieved success by turning challenges into meaningful change. What are the requirements today to launch and sustain a successful venture? Business leaders, entrepreneurs and venture capitalists […]

Florida teen arrested as mastermind of Twitter hack

MIAMI (AP) — A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case. Graham Ivan Clark, 17, […]