News

Sweden central bank concludes first phase digital currency trials
-
12 April, 2021

Sweden central bank concludes first phase digital currency trials

The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to...
Digital yuan pilot moves to southern Hainan province
-
12 April, 2021

Digital yuan pilot moves to southern Hainan province

In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the...
Digital ruble highest form of money, Russia says
-
11 April, 2021

Digital ruble highest form of money, Russia says

Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in...
Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs
-
11 April, 2021

Hong Kong authorities seize allegedly smuggled 300 Nvidia BTC mining GPUs

The authorities collectively seized the allegedly smuggled goods worth $3.8 million in the waters off the Hong Kong International Airport.
Man loses BTC worth $1M to fake Trezor app
-
11 April, 2021

Man loses BTC worth $1M to fake Trezor app

An iPhone user lost BTC worth $1M after downloading an iOS app called Trezor. Hoping to save his business during...
Blockchain-based COVID-19 vaccine passports coming to South Korea
-
10 April, 2021

Blockchain-based COVID-19 vaccine passports coming to South Korea

Prime Minister Chung Sye-kyung said the vaccine passport is built on blockchain technology to ensure security from possible identity theft.