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Thailand Plans to Become ‘Crypto-Positive Society’ — Governor Says ‘Crypto Is the Future’

▶ Thailand is laying the groundwork to become a “crypto-positive society” with the aim to attract crypto holders and boost its tourism industry. The country hopes to gain back some of the $80 billion in lost tourism revenue due to t...

US Senator Asks Coinbase, Gemini, Binance, Tether How They’re Protecting Consumers

▶ US Senator Raises Concerns Regarding StablecoinsU.S. Senator Sherrod Brown (D-Ohio), chair of the U.S. Senate Committee on Banking, Housing, and Urban, announced Tuesday that he has sent letters to a number of crypto exchanges and...

Founder of Africa-Focused Media Firm Urges Continent’s Governments to Embrace Crypto

▶ The founder of Africa-focused media and investment company Footprint to Africa, Osita Oparaugo, has urged governments on the continent to embrace cryptocurrency.Africa Must Not Be Left BehindOsita Oparaugo, founder of Footprint to...

Crypto FOMO: Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

▶ The CEO of Commonwealth Bank of Australia (CBA), the country’s largest bank, sees big risks in not participating in cryptocurrency. “We see risks in participating, but we see bigger risks in not participating,” he explained.Crypto...

Major Australian Baseball League Team Perth Heat to Pay Players in Bitcoin and Hold BTC on Balance Sheet

▶ One of the most successful baseball teams in Australia, the Perth Heat, is adopting the bitcoin standard. The team will pay players and staff in bitcoin, accept the cryptocurrency for payments, and hold bitcoin on its balance shee...

Over 60 Countries Entered the Race for Their Own Digital Currency

▶ The use of cash is dwindling. Back in 2011, over 50% of transactions in the US involved cash. This number has decreased to 28% in 10 years. The Covid 19 pandemic has raised cashless transitions further as more people ado...

Like Bitcoin, Everything Important Is Proof-of-Work

▶ Bitcoin is simply one of many proof-of-work systems that creates the most important outputs and skills in the world.In a moment of balance and strength, I felt my muscles stiffen, the pressure against my right triceps increasing. ...

Government Official Says Zimbabwe Currently Gathering Views on Cryptocurrencies

▶ An official with the Zimbabwean government recently confirmed the country’s administration is currently gathering views about cryptocurrencies from knowledgeable persons.Government’s Lingering ConcernsCharles Wekwete, who is the h...

What Is Nakamoto Consensus And How Does It Power Bitcoin?

▶ Satoshi’s innovation enabled global consensus without a centralized authority, thus creating the first truly trust-free monetary system.One of Bitcoin’s most unique features is its consensus algorithm, which set the precedent for ...