Wyoming is now adopting the LAO, a Limited liability autonomous organization. LAO bill believes that smart contracts managing LAOs need to have the ability to be modified, upgraded, or updated. Wyoming, the state in the United States, was the star to create the LLC, bringing about ease, ubiquity, and benefits of the LLC structure.  Cryptocurrency’s

Goldman Sachs CEO David Solomon has reiterated during the bank’s Earnings Conference Call on April 14, 2021, that it’s still paying close attention to bitcoin (BTC), as its clients are very much interested in cryptocurrency. Despite serious demand from its users, Solomon says Goldman Sachs still can’t add support for bitcoin as a principal, due

Cryptocurrencies have revolutionized the payment system since their introduction a decade ago. In simple terms, a cryptocurrency is a form of digital money combined with a payment system.  Cryptocurrencies as a payment system constitute an innovation. For the first time, we can exchange money digitally, securely, and anonymously.  Cryptocurrencies allow payments between a buyer and

AXA, a Swiss arm of the insurance giant, announced today that its customers can now make Bitcoin payments. This move makes it the first insurer to allow cryptocurrency payments. As cryptocurrencies go mainstream, AXA is looking into meeting the growing demand, as confirmed by Claudia Bienentreu, Head of Open Innovation at AXA Switzerland. A ‘Wide-range’

The highly-anticipated Ethereum Berlin hard fork is now live. What does the Hard Fork Offer? Ethereum, the world’s largest smart contracts platform is primed for a major upgrade via the Berlin hard fork. The hard fork will introduce several important EIPs into the protocol to make it more efficient and feasible for users. #ETH Berlin

The Chinese government is conducting fresh digital yuan tests in six new provinces including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian. The government has increased the scope of this latest DCEP trial from the previous 50,000 to 500,000 users. The cross border payments capability of the central bank digital currency (CBDC) will also be tested,

The Department of Economic Development (Dubai Economy) and the Dubai International Financial Centre (DIFC) have both agreed to come together to expand the scope of their blockchain-based KYC platform across the United Arab Emirates (UAE).  A Nationwide Blockchain KYC Platform According to the Islamic Finance News on April 13, the Dubai Economy and the DIFC

DigiByte Foundation, a non-profit organization that oversees the activities of leading blockchain platform DigiByte has announced a strategic partnership with LCX. The partnership was revealed on April 14 and represents a significant milestone for the DigiByte ecosystem.  LCX to List DGB as part of Partnership  The partnership will enable LCX and DigiByte to leverage technological

Leading cryptocurrency exchange KuCoin today announced the official launch of KuCoin Labs — an incubator and research arm in the KuCoin ecosystem. Introducing the KuCoin Labs In a bid to stay competitive and continue maintaining its position as one of the world’s largest and most prominent digital currency exchanges, KuCoin today unveiled its incubator and