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ECB Sends Another Confirmation of A ‘Global Currency War’


While China has already confirmed that its digital yuan aims to break “dollar dominance,” the Eurozone to start experimenting with a central bank digital currency (CBDC) this month in order to protect the Eurozone from other public or private digital currencies. The European Central Bank (ECB)...

The Currency Cold War: Four Scenarios


Stablecoins. Bitcoin. Libra. China's DCEP. Digital $. By 2030, there could be dozens of competing currencies. How will the money wars play out?

Blockchain ID ‘War’ in the Offing as S Korean Giants Prepare Rollouts


South Koreans are likely to completely do away with plastic ID, social security and driver’s license cards in favor of blockchain technology-powered digital alternatives, per a new report – with some of the biggest companies in the land vying for a stake in the market. Per Fn News, SK Telecom,...

Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts


Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars


Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...

Interest in Crypto Up in Belarus as ‘Information War’ Rages


Amid unconfirmed reports pertaining to be from Belarus, the nation could soon impose foreign currency exchange limits – a move that some think could drive citizens to crypto en masse. Protests and strikes continue in the country after a disputed general election returned incumbent president...

Bitcoin News Roundup for June 9, 2020


With the price of bitcoin again struggling to breach $10,000 and volatility falling to recent lows, CoinDesk's Markets Daily is back with another bitcoin news roundup

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