Cryptoknowmics
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At Cryptoknowmics, we aim to be the biggest media platform in the crypto niche and serve our readers with the latest news, updates and information in the crypto world.
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RBA Announces Partnership to Explore Wholesale Form of CBDC

The Reserve Bank of Australia (RBA) has just announced its partnership with different firms and banks to explore central bank digital currency (CBDC). Commonwealth Bank, National Australia Bank, Perpetual, and ConsenSys software are the partners in the project with RBA. According to the announcement, the partnership has been formed to...

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Ripple CTO David Schwartz Reveals Challenges For XRP Adoption

Ripple’s CTO David Schwartz took to Twitter to reveal the challenges of XRP cryptocurrency on gaining widespread mainstream adoption. Schwartz’s comments come amid XRP’s poor performance in the crypto market. The cryptocurrency is down by 18.6 over the bottom from its all-time highs. Challenges of Banks...

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Deeper Network Is Now Taking Part in Substrate Builders Program

Deeper Network has recently announced that it has received approval from the Parity committee and now it will be part of the Substrate Builders Program. The reason for getting the approval is its concept of bridging the gap to Web 3.0.  It is also believed that now Deeper Network will...

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Bitcoin Rally Serving No Benefit For DeFi Tokens, Data Shows

As Bitcoin rallies to its yearly highs, DeFi tokens continue plummeting. Data shows that trading volume from decentralized exchanges are dropping at a significant level while Bitcoin continues moving towards the upwards trend. DeFi Could Fall Further if Bitcoin Rally Continues The co-founder of Market Science shared an interesting analogy...

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People who keep a watchful eye on the crypto token have a piece of good news about the new crypto token on Ethereum’s DeFi ecosystem, SHROOM.
It reported a rise of about 6200% in September 2020.

Read the full article here: https://bit.ly/3mDUhOY

#Cryptoasset #SHROOM #SHROOMfinance #Cryptotoken #Ethereum #Defi #cryptonews #ERC20tokens #EthereumDefiecosystem #DEX #cryptoexchange #Yieldfarming #DAO #decentralizedautonomousorganization #cryptocurrenciesholdings #Cryptocurrency
PayPal Announces to Accept Cryptocurrency for Online Payments

PayPal has recently announced to accept cryptocurrencies for online payments. The payments giant is taking this step for the first time, and now the users will also be able to buy, sell, and store cryptocurrencies with it. It is revealed that the platform will layout this service for cryptocurrencies by...

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Maker Foundation Joins Klaytn’s Governance Council

Klaytn blockchain project led by the South Korean Internet giant Kakao has announced that the Maker Foundation has joined the Governance Council of the Klaytn public blockchain. Maker Foundation is the organization behind the Ethereum-based MakerDAO project. Maker Is the 32nd member to Join Klaytn’s Governance Council The Maker Foundation...

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PBOC Governor Claims Digital Yuan Pilots Already Processed $300M

China’s central bank digital currency (CBDC), Digital Yuan, is currency going through a pilot test in various parts of the country. Yi Gang, Governor of the People’s Bank of China (PBOC) revealed, Digital Yuan pilots have already processed over four million transactions, which are worth around $300 million. The PBOC...

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Hoskinson Suggests Holding Next Elections on the Cardano Blockchain

The founder of Cardano, Charles Hoskinson has suggested holding the next U.S. presidential elections on the Cardano blockchains. The upcoming U.S. presidential elections have created hesitation among the many regarding voter frauds. Hoskinson proposes that blockchain voting could enhance towards a safe and fairer election. Cardano Working Towards Launching Blockchain-Based...

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U.S. Presidential Election 2020: A Cup of ‘Joe’ for the Crypto World

The 2020 U.S. presidential elections have got the headlines covered for every news portal one can find. Even with the polls inclining towards Joe Biden’s favor, we have learned for the best to not assume, given the last elections polls suddenly favored Trump over Clinton in the end moments. Between...

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Justin Sun Addresses Tron Network’s Unsuccessful Attack During Upgrade

Tron network went through an unsuccessful network attack during its mainnet upgrade. The CEO and founder of Tron, Justin Sun, revealed to the crypto community that the network has successfully dealt with the attack and is now back to its usual operation. "Blockchain Data Intact and Assets Absolutely Safe" On...

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Trading can be highly risky if we don’t take precautions. Here are some common mistakes done by entry level traders, using which one who is just jumping into trading can avoid doing these.

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Bitcoin Plunges Below $13,500 as SFC Plans to Regulate Exchanges

The Securities and Futures Commission (SFC) of Hong Kong has recently announced its plans to regulate crypto exchanges. Due to this, the whole crypto market led to a downturn, and just like other cryptos, Bitcoin plunges below $13,500. Ethereum is also going through the same phase as it also dives...

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Cardano Drops 11% In Bearish Trade Since September

Cardano was trading at $ 0.089271 on the Investing.com Index at 03:14 GMT on Tuesday, Oct. 3, 2020, down by 11.08% on the day. This is one of the largest one-day percentage loss in the cryptocurrency's price valuation since September 5. Cardano Slumped by 12.52% Over Past 7 days The...

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Jack Dorsey Set to Headline the Upcoming Africa Fintech Summit

Jack Dorsey, CEO of Square and Twitter, is all set to headline the upcoming Africa Fintech Summit. According to the sources, the major focus is going to be on decentralized finance (DeFi) space. He will talk about how DeFi can prove to be a great source for improving financial inclusion...

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Online or virtual gaming is one of the leading sectors that holds major potential in DeFi as it already contains a monetary existence in its world- virtual currency.
The currency used in online multiplayer games has no central authority, hence it lacks any regulatory body creating potential risks.

Read the full article here: https://bit.ly/2HW7LXp

#Onlinegaming #Virtualgaming #DeFi #virtualcurrency #centralauthority #traditionalcurrency #blockchain #MMOG #cryptogames #blockchaintechnology #cryptocurrencies #cryptonews #gaming #Defisystem #Bitcoin #MMORPG #cryptoeconomy
Bitcoin All Set to Deal With the U.S. Presidential Election

Bitcoin is all set to deal with the outcomes of the U.S. presidential elections this week. Speculations are going that whoever wins the elections, it will be overall good news for the cryptocurrency. Bitcoin, a Safe Haven Asset Investors are all set and prepared on what will be the effects...

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HSBC Bangladesh Completes its First Blockchain-Powered Cross-Border Trade

HSBC Bangladesh has just finished the first-ever blockchain-powered cross-border trade of the country. In this trade, it has imported 20,000 tonnes of fuel oil from United Mymensingh Power, Singapore. Moreover, United Mymensingh Power is a Singapore-based subsidiary firm of the United Group. It is revealed that the trade was settled...

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