Bahamas central bank prepares national Sand Dollar push this summer

Bahamas central bank prepares national Sand Dollar push this summer

The Bahamas is beginning a push for national digital currency adoption this summer, the central bank’s governor, John Rolle, said. The Central Bank of the Bahamas is preparing a national push for its digital currency this summer to get more Bahamians signing up for the Sand Dollar.In another move toward the adoption of the Bahamas’ central bank digital currency, the CBOB is now focused on connecting mobile Sand Dollar wallets with commercial banking systems,…

Read more

Ethereum Whales Accumulate in Anticipation of ETH 2.0

Ethereum Whales Accumulate in Anticipation of ETH 2.0

Centralization of ETH among the 100 largest wallets is growing, signaling that whales are accumulating ahead of Ethereum’s ‘ETH 2.0’ revamp. Whales appear to be accumulating Ether (ETH), with the percentage of ETH supply controlled by the top 100 wallets standing near 25%.The observation was made by blockchain data analysis firm Santiment, who tweeted that the centralization of ETH among top wallets suggests that whales are accumulating.Santiment argues that the data indicates large investors…

Read more

Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets

Lloyd’s New Insurance Offering Covers Crypto Held in Hot Wallets

Lloyd’s now provides a new type of liability insurance policy aimed to cover losses fo cryptocurrencies stolen from hot wallets. Insurance giant Lloyd’s of London now provides a new type of liability insurance policy to protect cryptocurrency in hot wallets that is lost by theft.Lloyd’s new offering was developed by Lloyd’s syndicate Atrium together with crypto will-focused firm Coincover, with limits from as little as £1,000 ($1,275), Lloyd’s announced on March 2. The policy…

Read more

Pornhub Adds Tether Stablecoin as New Crypto Payment Option

Pornhub Adds Tether Stablecoin as New Crypto Payment Option

Adult entertainment website Pornhub has added a new crypto payment option after PayPal had abruptly stopped servicing its models in late 2019. Adult entertainment website Pornhub has added a new cryptocurrency payment option after PayPal had abruptly stopped servicing its models in late 2019.According to a Jan. 23 blog post, Pornhub now supports Tether (USDT) — a major United States dollar-pegged stablecoin — to allow instant and zero-fee payments via the crypto wallet and…

Read more

Google Play Lifts Ban on Ethereum Browser Extension MetaMask

Google Play Lifts Ban on Ethereum Browser Extension MetaMask

Major Ethereum browser extension and wallet service Metamask has revealed that Google has now reversed its short-lived ban on the software. Major Ethereum browser extension and wallet service Metamask has something to celebrate as 2020 kicks off, notifying its users that Google has now reversed its short-lived ban on the browser add-on.In a tweet posted on Jan. 1 2020, the MetaMask team revealed that:“Upon careful consideration, Google has permitted The MetaMask mobile app back…

Read more