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China Hand-Picks the Greater Bay Area Surrounding Hong Kong to be the First to Deploy its CBDC

China Hand-Picks the Greater Bay Area Surrounding Hong Kong to be the First to Deploy its CBDC

China’s central bank digital currency (CBDC) has been successfully launched earlier this year and the country is currently continuing its path towards fully launching its digital currency electronic payment (DCEP).

CipherTrace Reveals $1.4 Billion Worth of Crypto Assets Stolen in the First Five Months of 2020

CipherTrace Reveals $1.4 Billion Worth of Crypto Assets Stolen in the First Five Months of 2020

Digital currency tracker CipherTrace has declared the valuation of cryptocurrency-related frauds in the first 5 months of 2020 to be $1.4 billion. This figure can spark insecurity among crypto investors but paying attention to security models can prevent such losses in the future. Several businesses particularly those geared towards blockchain technology experienced quantifiable economic downturns. Some of these downturns are just coming to limelight with the CipherTrace reports released on June 2.

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Sony Reveals New Blockchain-Based Data Sharing System to Revolutionize the Future for Public Transportation Services

Japanese conglomerate Sony has announced a new successfully developed blockchain system, Mobility as a Service (MaaS) to provide people with data regarding optimal travel routes for using different types of transportation.

Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape

Ripple CEO Opens Swell Conference, Discussing Current Global Payment Landscape

Ripple CEO Brad Garlinghouse just opened Ripple Swell 2020, which focuses on the current global payment landscape.

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