Technology

Bitcoin: Mature but not as expected!

Nurtured in skepticism The last time Bitcoin dropped to such a low price range was 296 days ago, on July 21, 2021. At that point, in just 24 hours, the crypto market evaporated $89 billion. Bitcoin, as the lead currency, has lost 50% of its value from its peak of $65,000 (April 2021). More ominously, […]

Technology

Vietnam has Alliance to consult legal framework on Blockchain, cryptocurrencies

On the morning of April 21, in Hanoi, the launching ceremony of the Vietnam Blockchain Union (VBU) took place. This is an alliance of the Vietnam Digital Media Association with the mission of connecting the community and advising and advising regulatory agencies to develop policies and legal frameworks on Blockchain, digital assets, and digital currencies. […]

Technology

Cryptocurrencies: The ‘Silver Bullet’ in the Russia-Ukraine War?

While the Ukrainian government and other organizations donate cryptocurrencies to help the country distribute emergency resources, Russia uses cryptocurrencies in response to Western sanctions. Both the Russian and Ukrainian economies have been quick to adopt digital currencies to gain competitive advantages. This is also the first time the world has witnessed the power of blockchain […]

Technology

Bitcoin can help develop the central digital currency ecosystem

Deloitte’s latest research shows that, instead of playing a competitive role with traditional fiat currencies, there is potential for improvement for the currencies themselves. According to the latest research by financial services giant Deloitte, titled “State-Sponsored Cryptocurrency”, today’s leading cryptocurrency could be the foundation to create an ecosystem. cheaper, faster and more secure digital fiat […]

Technology

Ukraine: Stop trading cryptocurrencies, people switch to cryptocurrencies

Regarding the nationwide state of martial law, Ukraine has imposed a ban on cryptocurrency trading. Accordingly, the National Bank of Ukraine issued a document to temporarily limit the distribution of electronic money (e-money) and ask issuers to stop issuing and adding money to electronic wallets. Cryptocurrencies here are understood as legal currencies stored in digital […]