Energy consumption in mining cryptocurrencies is a problem for most countries in the world. Countries are looking for energy efficient ways to produce cryptocurrency. However, some of them are doing the opposite and cracking down on miners of digital currencies.
Android is an open-source operating system, which means that any developer can create applications (apps) for it. However, this feature is not only used by legitimate developers, but also by scammers.
The adoption of cryptocurrencies including Bitcoin among various sports clubs has increased significantly. The latest club to jump on the digital currency bandwagon is Dutch Football Club, which accepts all of its sponsorship payments in Bitcoin.
The crypto community is once again stunned by the news that Walmart is hiring a digital currency product manager in hopes that the multinational company may soon accept bitcoin or another cryptocurrency.
More than 60% of the world's Central Banks are now pursuing Central Bank Digital Currencies (CBDCs). Could this possibly challenge the autonomy of the US dollar?
Countries that have just started participating in the development of Central Bank Digital Currencies (CBDCs) are doing pretty well. Ghana is now launching its digital cedi in two months. In contrast, China started launching its digital yuan back in March 2018 and has yet to succeed.
In the last 30 days, the total cryptocurrency market capitalization for over 11,125 tokens in the world increased from $1.367 trillion to $1.623 trillion. The growth of the market cap can be attributed to the increasing use of digital currencies and non-fungible tokens (NFTs) in the ongoing Summer Olympics 2020.