Microsoft is shutting down its Azure Blockchain Service
Gee, out of the blue! Microsoft has announced that it is shutting down its Azure Blockchain Service that has been available for quite some time in preview. No official …
Tag: Strategy
Bitcoin pullback feared as whales resume selling
Or, in other words, the short-term prospects of Bitcoin are looking a little bleak. Blockchain data shows that larger investors are reducing their Bitcoin holdings at a quick pace. …
eBay may accept cryptocurrency for its 187 million buyers
This is big! Ecommerce giant eBay is looking at cryptocurrency as a payment option for some 187 million buyers on its platform, the company CEO has revealed. It is …
VISA diving into cryptocurrency in a very, very big way
It’s settled then! VISA CEO Al Kelly has said that the payments giant is leaning into the cryptocurrency space in a very, very big way. He also stated that …
Goldman Sachs doubts Bitcoin as a store of value
Press X to doubt. Global investment bank, Goldman Sachs, is questioning whether Bitcoin can be digital gold, a store of value long-term. The analysts at the firm have cited …
Iran authorizes cryptocurrencies to pay for imports
The Central Bank of Iran (CBI) has authorized banks and currency exchangers to use cryptocurrencies mined by licensed miners in the country to pay for imports. At the same …
Ripple’s Chris Larsen says Bitcoin should move away from PoW
Thought to consider? Bitcoin is the dominant digital currency on the global stage, but its dominance is not guaranteed, not when you consider the environmental impact it has on …
Morgan Stanley does not see CBDCs a threat to cryptocurrencies
Why would they be, right? Major investment bank Morgan Stanley believes that central bank digital currencies (CBDC) are not a threat to the existence of cryptocurrencies. The bank is …
Bank of England to launch a central bank digital currency taskforce
Good one, old sport! Her Majesty’s Treasury and the Bank of England have revealed the establishment of a CBDC taskforce that will explore the potential for a UK central …
