The Bank of America recently created a team dedicated exclusively to conducting research within the field of cryptocurrencies.
Alkesh Shah, the US bank's innovation data strategy staff, will lead this team along with Mamta Jain andAndrew Moss.
BoFa's head of global research, Candace Browning, said…
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Electricity consumption of bitcoin begins to fall
According to data from the Cambridge Bitcoin Electricity Consumption Index (cbeci), the electricity consumption of the cryptocurrency plummeted 60 % from the all-time high reached above 143 terawatt-hours (twh).
No such low numbers were…
Mastercard adds 6 blockchain payments startups
The payments giant, Mastercard, has announced the integration of 6 blockchain payments startups to its Mastercard Start Path accelerator program, which have been described by the company as “fintech innovators".
Among the prominent…
US to encourage cryptocurrency innovation
The United States House of Representatives recently approved a series of laws which include – among other things – promoting the innovation on cryptocurrencies such as bitcoin.
This specific law will create a working group in charge of…
Grayscale Investments launches cryptocurrency trusts
Asset manager Grayscale Investments announced the launch of five cryptocurrency-based trusts.
As detailed by the company, this measure seeks to respond to the global demand that has been generated in terms of investments in digital assets.…
Ethereum Foundation will support projects in Latin America
The Ethereum Foundation announced its first jobs in Latin America, through the support of eight projects in Honduras and five in Colombia.
This is a series of educational projects, development of dApps for animal protection or voting…
Ethereum hits its all-time high
Ethereum, considered the second most popular cryptocurrency in the world, reached its all-time high after reaching $ 1,938 per unit.
Due to the recent interest in institutions shown in recent days, and after one day of the launch of their…
Digital economy in Latin America must continue to grow
The opinion of several experts agrees that Latin America should carry out a greater impulse in the use of the digital economy, in order to favor its development and be able to face different types of crises.
This topic, among others, will…
BNB breaks the $ 100 barrier
The Binance Coin (BNB) token is at its best moment since its launch in July 2017. Recently, the digital asset broke the barrier of 75 dollars to settle at 100 dollars.
According to experts, the trend would have to do with the purchase of…
Blockchain Academy will reward the Latin American community
This February 25, 2021, the Latin American blockchain community will witness the first Blockchain Awards of the Blockchain Academy ecosystem.
This event will recognize the work carried out by the different referents and also the projects…
Venezuela works to digitize the economy to strengthen the bolivar
This Thursday, President Nicolás Maduro expressed on the national network the importance of stimulating the financial engine in the country, and with it the need to digitize the economy in the Caribbean country, in order to strengthen the…
Russian bank to launch stablecoin next month
The largest bank in Russia, Sberbank, has announced the launch of its new cryptocurrency which asked the financial institution to which it subscribes to create a blockchain platform, in order to promote the digital currency that bears the…