Binance founder reveals the best approach to combat rising inflation rates
Changpeng CZ Zhao, the founder of Binance and a crypto millionaire, has recommended crypto as a means to combat inflation. Michael Saylor, a fellow billionaire, stepped in to say that Bitcoin is the ideal inflation hedge. Billionaires propose ways to fight crypto inflation In a tweet, the crypto millionaire said that inflation was an insurmountable […]
China’s digital yuan (e-CNY) wallet ranks among the most downloaded apps
China’s CBDC has been seen to receive a number of positive responses from the populace as the digital yuan (e-CNY) wallet has become one of China’s most popular apps just a week after it was made available to the public. According to the South China Morning Post , which cited market researchers, its downloads surpassed […]
Wikimedia users pressure the foundation to halt crypto donations
Just last week, Mozilla stopped donations involving cryptocurrency. Now, the Wikimedia Foundation is facing pressure from its users over the acceptance of cryptocurrency donations due to environmental concerns. The Wikimedia Foundation began accepting bitcoin donations through BitPay in 2019, but three years later, contributors are pressuring the nonprofit organization behind Wikipedia to shut the option. […]
Mobile payments app Cash App integrates Bitcoin Lightning Network
Bitcoin’s layer-two protocol Lightning Network has been integrated into the popular Cash App as part of an update, this feature will allow for faster and cheaper Bitcoin (BTC) transactions. Block (previously Square), a fintech firm co-founded by former Twitter CEO Jack Dorsey, develops and owns Cash App. The news of the Bitcoin L2 integration was […]
London Hard Fork Arrives on Polygon as Network Declares Date for Mainnet Launch
The London hard fork, or EIP-1559, finally arrives on Polygon as the network announces that on Tuesday, January 18, 2022, at 8:00 a.m. (UTC), 3:00 a.m. (EDT) (ET), the mainnet will be launched. Date for London Hard Fork Mainnet Launch The London hard fork is expected to appear on the Polygon mainnet in 5 days […]