Japan’s Mizuho Bank, in partnership with 60 other financial institutions, is preparing the launch of their J-Coin Pay platform, a stablecoin meant to encourage cashless payments.
Both these updates will be aimed at making new improvements to the Ethereum network like decreasing the block rewards and delaying the difficulty bomb.
In his latest interview, Mark Zuckerberg said that although a complete decentralization of blockchain is not possible, he would consider using the technology in certain use-cases involving users’ personal data.
Brazil’s BTG Pactual is the latest institution to join the trend of cryptocurrency assets. It follows JPMorgan Chase that has already launched its own security token.
With their new series of flagship devices, Samsung introduced a secure crypto private key storage unit, based on the Samsung Knox app. Rumours also point to a potential crypto wallet for Bitcoin and Ethereum.
Merchants may prefer moving to Bitcoin payments because they are cheaper. The volatility and lack of regulation on Bitcoin Payment may nonetheless be an impeding factor for adoption of bitcoin by most customers.
Although they indicate that the general CBDCs look more visible to implement than the wholesale they are nonetheless not warming up to the idea and the bank of Japan has indicated they do not have plans of having CBDCs.
In an interview held by ARK Invest, Elon Musk shared his positive opinion on cryptocurrencies, and explained why his companies are not involved with Bitcoin.
Bitcoin, and a majority of the alt coins in the top-ten space contribute for the latest recovery in the crypto market.
The new ASIC improves performance and energy consumption for PoW cryptocurrencies associated with the SHA256 algorithm.