Tech

Popular meme token Dogecoin has just received its first update in several years, aiming to respond to the recent influx of users. This shows the growing enthusiasm around the meme coin, which shows no signs of waning.  Minor update to Dogecoin blockchain The latest development was revealed on Reddit by a group of developers. The update named "Dogecoin 1.14.3 Core" is a minor change that includes significant performance improvement on its blockchain.  The most notable change is an improvement in sync speed,…

Sidelined Wall Street legend Mike Novogratz, founder and CEO of Galaxy Digital Holdings has recently predicted that the bitcoin bull run will continue until the asset's price hits $100,000. Bitcoin's Price To Double By Year-End In an interview with Bloomberg on Thursday, Novogratz said that bitcoin might stay within the $50,000 mark for a little while, but it will ultimately get to $100,000 this year. He said, "It feels like we’re going to consolidate a little bit in this US$50,000…

Cryptocurrency exchange Crypto.com has hit a global user base of 10 million, according to a recent report. This is a significant milestone for the exchange that has continued to add more products to its ecosystem.  Symbolic Milestone  Crypto.com revealed this milestone in a recent report detailing the exchange's growth in the past 12 months. According to the report, the exchange reached a global crypto user base of 10.6 million in January 2021.  The report stated that January 2021 resulted in…

 Swiss Bank Border & Cie SCmA has announced that it will offer trading in bitcoin and other cryptocurrencies. This heralds a new development for the Swiss bank as it looks to get a first-mover advantage in the growing crypto industry.  Crypto Service Facilitated by Sygnum Bank  Border & Cie SCmA revealed this latest development in a press release today, highlighting the different crypto features it would be offering. According to the report, Bordier has partnered with the Crypto-based firm Sygnum…

Microsoft Chairman Bill Gates has hinted that he has little interest in Bitcoin despite its recent rise in value. This comes after Microsoft revealed that it has no plans to add bitcoin to its portfolio.   Bill Gates Neutral on Bitcoin (BTC)  During an interview today on American news outlet CNBC, Bill Gates made his opinion when asked about his view on how the enormous energy generated by bitcoin miners affects the environment.  Gates replied that he does not own bitcoins…

Bitcoin has recently received more than usual attention from several traditional financial institutions, as it has managed to set yet another all-time high, breaking the confines of $50,000. According to a report by The Telegraph on Wednesday, Tom Robinson, the co-founder of Elliptic, the world's leading cryptocurrency compliance company, said that his company had witnessed a rapidly growing interest in global banks requesting access to the compliance risk of offering bitcoin services.  A Wave Of Demand For Bitcoin He said…

Mastercard has collaborated with local payment service provider Island Pay to roll out prepaid cards for the Bahamians central bank digital currency (CBDC), named the Bahamians Sand Dollar. Under the initiative, Bahama citizens will have the option to convert the digital currency to the traditional Bahamians dollar easily, and vice versa, Mastercard said in an announcement today. The service will provide greater flexibility for Bahamians to conveniently pay for goods and services anywhere Mastercard is accepted, the announcement stated. Notably,…

The privacy blockchain Verge (XVG) suffered a 51% attack in the late hours of Monday, February 15. The attack affected more than 560,000 blocks containing XVG transactions and led to a massive drop in the price of XVG.  Verge Suffers 51% Attack. Antoine Le Calvez, operations manager of analytical firm CoinMetrics, was the first to report the attack. Calvez noticed Verge's blockchain reorganization, often identified as a sign of a 51% attack. He explained that the CoinMetrics node had diverged from…

Russian mobile operators are gearing up to introduce wallets for the digital rubles, according to reports. The European country is currently developing its digital currency to increase financial inclusion within its region.  Digital Wallets In Development  This development was revealed by local media outlet Izvestia in a report published on Tuesday, February 16. According to the report, mobile operators have expressed interest in introducing wallets for digital rubles on smart devices.  Two of the largest mobile operators Beeline and Megafon,…