Tag: blockchain technology

China and Russia turn to Bitcoin for energy transactions

China and Russia Lead the Way in Using Bitcoin for Energy Transactions In recent years, the world has witnessed a significant shift towards digitalization across various industries, and the energy sector is no exception. One of the most intriguing developments in this realm is the increasing use of Bitcoin and other cryptocurrencies to facilitate energy […]

Russian firm urges government to regulate crypto for international trade

Russian Firm Urges Government to Regulate Crypto for International Trade The global economy is facing unprecedented challenges, with ongoing sanctions disrupting international trade flows. In the midst of this turmoil, one Russian firm, ETE Group, is advocating for the regulation of cryptocurrencies as a potential solution to streamline cross-border transactions. By harnessing the power of […]

New York bill explores blockchain for election record security

New York Bill Proposes Blockchain Integration for Enhanced Election Record Security In a significant move towards fortifying election security, a new bill has been introduced in New York to explore the potential of blockchain technology. The bill aims to leverage the inherent security features of blockchain to enhance the integrity and transparency of election records. […]

ECB official pushes for digital euro to counter US stablecoins

Digital Euro: Europe’s Defense Against Foreign Payment Systems The European Central Bank (ECB) has been making waves in the financial world with its recent push for the development of a digital euro. The move comes amidst growing concerns over the rise of US stablecoins and the potential threats they pose to Europe’s financial sovereignty. According […]

South Korea’s pension fund to explore blockchain integration

South Korea’s National Pension Service (NPS), one of the largest pension funds globally, is set to explore the integration of blockchain technology into its operations. This move comes as the number of crypto investors in South Korea has exceeded 16 million, indicating a growing interest in digital assets within the country. However, the NPS is […]

Conor McGregor’s REAL token fails to meet fundraising target, relaunch planned

Conor McGregor’s REAL Token Fails to Meet Fundraising Target, Relaunch Planned Conor McGregor, the renowned mixed martial artist and entrepreneur, recently made headlines with the launch of his REAL token. The cryptocurrency project aimed to revolutionize fan engagement in sports and provide a platform for supporters to connect with their favorite athletes. However, despite McGregor’s […]

Itaú Unibanco explores real-pegged stablecoin creation

Itaú Unibanco Explores Real-Pegged Stablecoin Creation Itaú Unibanco, one of Brazil’s leading financial institutions, has set its sights on delving into the world of stablecoins by exploring the creation of a real-pegged digital currency. With the rise of blockchain technology and the increasing popularity of cryptocurrencies, Itaú Unibanco’s move towards stablecoin development showcases a strategic […]

The US House Committee passes a bill to strengthen stablecoin oversight

US House Committee Advances Bill to Enhance Oversight of Stablecoins The landscape of digital payments is rapidly evolving, with stablecoins emerging as a prominent player in the realm of cryptocurrencies. In response to the growing influence of these digital assets, the US House Committee has taken a significant step by passing a bill designed to […]

Swiss shift to digital payments opens door for stablecoins

Swiss Embrace Digital Payments: A Doorway to Stablecoins Switzerland, known for its precision watches, impeccable chocolates, and picturesque landscapes, is now making a name for itself in the digital payment realm. Recent data has revealed that digital payments in the country have surged to represent 35% of all in-store purchases, surpassing cash transactions for the […]

North Korean hacker group cashes in on crypto trade

How North Korean Hacker Group Cashed in on Crypto Trade In the world of cryptocurrency, where fortunes can be made and lost in the blink of an eye, one group has managed to exploit the volatile market to their advantage. The Lazarus Group, a notorious hacking collective with alleged ties to North Korea, has recently […]

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