Shanghai to Hand Out $3 Million in Digital Yuan Lottery

Shanghai to Hand Out $3 Million in Digital Yuan Lottery

“As part of government efforts to get the digital yuan going, authorities in Shanghai will distribute $3 million worth of the central bank-issued currency among residents of Shanghai. The digital money will be dispersed through a lottery, a method that has already been implemented elsewhere in China. Lottery Winners to Get 350,000 Digital Red Envelopes”

Source: Bitcoin News

Senator Warren’s office confuses MakerDAO for failed 2016 project The DAO

“Elizabeth Warren’s office has allegedly confused top 10 DeFi protocol MakerDAO with an early experiment in decentralized autonomous organizations that failed in 2016. Recent dialogue between MakerDAO developers and the office of anti-crypto Senator Elizabeth Warren’s has revealed a concerning lack of familiarity with the current decentralized finance (DeFi) ecosystem.On

Looking into a future, where, ‘Bitcoin wins, fiat currencies lose. Game over’

“Crypto investor Anthony Pompliano expressed optimism on Bitcoin taking over as the global reserve currency, in his latest podcast. He said, “It will look very different 25 years from now.” Currently, the US dollar is considered a global reserve currency with over 60% of all banks globally maintaining their reserve in the currency. According

XRP Price Analysis: Ripple Drops 38% From September Highs; Time To Buy The Dip?

“Ripple extends the bearish leg to $0.86 but recovers gradually to $0.94. A confirmed breakout above $0.95 would affirm the bulls’ grip on the price for gains eyeing levels above $1. Ripple explored the levels below $1 following the bearish wave that started hitting the market on Sunday. The cross-border