Turkey is set to pilot a digital currency in the second half of 2021. On Friday, central bank chief Naci Ağbal revealed the plans to Parliament. As reported in the Turkish media, Ağbal said, "There is an R&D project started on digital money. Currently, the conceptual phase of this project is completed. We aim to start pilot…

Bitcoin has transactional limits to what it can achieve, so when there is a high demand for the cryptocurrency, the network clogs up, causing mempool spikes.  The mempool is where unconfirmed transactions await their inclusion in the blockchain.  During normal operations, Bitcoin is capable of keeping up with the demands. Bitcoin transactions naturally gather in…

Peer-to-peer Bitcoin trading volume in Nigeria continues to soar as Africa’s largest economy remains a front runner of crypto adoption. Chainalysis has reported booming cryptocurrency adoption in Africa as the continent ranked second to the United States of America in peer to peer trading. According to one survey, Nigeria has the highest percentage of cryptocurrency users…

The Federal Bureau of Investigation (FBI) announced, on Thursday, that its dark web strategy lacks clarity and would benefit from improvement. In a report released by The Department of Justice Office of the Inspector General (OIG), it was concluded that the FBI didn’t adopt a cohesive strategy to investigate the dark web. This has led to operational units…

Steve Wozniak, Apple’s co-founder, has launched a new blockchain project called Efforce. Efforce, a blockchain-based energy efficiency crowdfunding platform, enables contributors to support energy efficiency projects by investing in tokenized future savings. This platform will be the first blockchain-based energy-saving platform with access to small and large investors across national borders. Through the platform, Energy Service Companies…

Introducing EarnBet EarnBet represents the world’s first fully-decentralized casino, featuring a series of highly-entertaining and profitable games. The casino has a highly advantageous house edge, a generous welcome bonus, a profit-sharing philosophy, and provably fair wagers that are recorded on the blockchain network.  Overview of the Impressive Game Catalogue To ensure an exciting and profitable…

Paul Tudor Jones says investing in Bitcoin is an inflation hedge with intellectual capital behind it Key Takeaways: Paul Tudor Jones has been actively investing, trading, and managing billions of dollars since 1980.  Reuters has described him as a legend of macro traders. Paul Tudor Jones is a “single-digit” Bitcoin…

Just today, Filecoin launched its mainnet, according to a press release shared with Crypto News. The company hopes to enable users around the globe to store, request, and transfer data securely. Filecoin is an open-source, decentralized network, that leverages data marketplaces to provide users with storage services. It hopes to revolutionize the $46 billion cloud…

To celebrate the launch of Filecoin, the organization is hosting an event called Liftoff Week, according to a press release shared with Crypto-News. Liftoff Week will bring together technology leaders to discuss the future of the internet and work together to make progress on data preservation issues. It will happen from 19th to 23rd October and…

Decentralized exchanges (DEXs) have been experiencing unprecedented trading volumes in the past few months as more and more crypto investors are moving away from centralized trading platforms to more secure, decentralized alternatives.  While most decentralized trading currently occurs on the Ethereum blockchain, it is becoming increasingly evident that the future of DEXs will not be…