A report published by the International Monetary Fund (IMF) outlines that 15 different countries are considering joining the global fintech trend and adopting central bank digital currencies (CBDC) as a method of payment. The IMF has emphasized two main reasons for such a decision in the report.

The IMF report revealed the names of 15 countries interested in the implementation of digital currencies, namely the Bahamas, Canada, China, Central Bank of Curaçao and Sint Maarten, Eastern Caribbean, Ecuador, Norway, Senegal, Sweden, Tunisia, and Uruguay. It is interesting to notice that the interest in crypto sphere has increased proportionally to the decrease in the volume of transactions on the crypto market.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/countries-are-ready-to-embrace-cryptocurrency/

While the rest of the crypto market has been stagnant for quite some time, market analysts are noticing the growing spread, and the rise in the number of transactions involving stablecoins in blockchain. Experts at ICOBox evaluated the pros and cons of these "stable coins" and came up with their conclusion regarding their chances to replace bitcoin.

According to the data available for the research, in just three short months four major stablecoins – USD Coin (USDC), True USD (TUSD), Paxos (PAX) and Gemini Dollar (GUSD) – shot past the $5 billion mark in terms of the volume of blockchain transactions, and between September and November the number of transactions went up by 1,032%. These are colossal figures, especially considering the overall downward trend in the market.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/rise-of-stablecoins-are-they-crypto-markets-future/

The recent ‘bomb threat’ spam campaign seems to be a subsidiary action to another disgraceful email blackmail effort. Organisations and institutions such as universities, news outlet, schools, businesses across the globe are facing fake bomb threats.

In the scam, the illicit sender copied several passwords from a for-sale item of stolen credentials and then mailed them to a particular target group saying that it had installed malware in their PCs. These victims were demanded to send money or else face compromising videos anonymously leaked. However, the videos were not existing in reality and even the malware was nowhere to be seen.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-bomb-fright-connected-with-sextortion-swindlers/

$22 million EO Coin Airdrop: Holders to Receive 44,862,535 EO Coins

Save the date! This Thursday December 20th will see the EO Airdrop take place with every EO coin holder receiving additional coins for free over the festive season. 44,862,535 EO coins are scheduled to be distributed for the airdrop, which equates to more than $22 million! The airdrop is made up of coins that were allocated to the bounty at the outset.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/22-million-eo-coin-airdrop-holders/

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Bitcoin Price Analysis: What Should Traders Expect in the Nearest Future?

Despite a common belief in the digital currency uptrend, there are many issues related to the low volume of Bitcoin transactions. December has obviously started in a bearish mood and continues this descending tendency until a big upward break. Nevertheless, for this run up to become real, it is required to have a lot of volumes. That is the main point, which is missing now, as only the volume can push the price to the moon.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/what-should-traders-expect/

Foton - Blockchain-Based Global Banking with Multi-Currency Exchange and Contactless Payments System

FOTON bank is a decentralized crypto-bank designed by a professional team of developers who aim to build a platform with a wide range of services for individuals and businesses. It is designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide.
Furthermore, the FOTON platform is intended to become a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business/customer services.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/blockchain-based-global-banking/

Top Five Things to Know About Digital Currency Before Making Investments

Bitcoin investors face many questions when starting to deal with the crypto market. This article will expound some important facts that will help you to be better prepared for investing in virtual coins such as Ethereum, Ripple, and, of course, Bitcoin.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/top-five-things-to-know-about-digital-currency/

Africa Deploys Blockchain Tech in a Struggle to End Coffee Corruption & Ghost Workers

The president of Tanzania, East Africa, John Pombe Magufuli is one of the world leaders trying to fight corruption from all government institutions. The Tanzanian government is optimistic that blockchain will uproot corruption starting with sorting out the problem of ghost workers from all public sectors. The ghost workers take out around $195.4 million in form of salaries. Tanzania is not in a fight alone, other countries such as Uganda, South Africa, Ethiopia, Nigeria, Ghana and other African nations are resorting to blockchain technology to fight financial crimes.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/africa-deploys-blockchain-tech/

A large number of businesses and other major institutions operating in the U.S and Canada received threatening emails on the afternoon of December 13, 2018, initiating sweeps and evacuations of several buildings.

It’s still ambiguous whether the threats that were received in Seattle, San Francisco, Washington DC, New York and Miami plus other places countrywide – are connected. These email threats also reached Toronto, Vancouver, Canada and Ottawa.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-bomb-threats-sweep-us/

The Cambridge Centre for Alternative Finance made a thorough study and noted that the number of confirmed users of digital currencies nearly doubled within the first nine months of this year. The study reveals that the real figure has soared from 18 million in 2017 to around 35 million customers this year. Two years ago, crypto users were approximated to be 5 million.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/crypto-market-registers-swamp-of-new-investors/

Environment Proponents Deeply Enjoy Observing Crypto Market Recession

News of Bitcoin’s decline turned out to be positive for one particular group of people. Anti-crypto activists, who promote conservation of healthy environmental conditions, are glad to know that Bitcoin is becoming worthless and will soon disappear.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/environment-proponents-enjoy-crypto-market-recession/

Ukraine Considers Blockchain as an Effective Means of Fighting Corruption

Yulia Tymoshenko, ex-Prime Minister of Ukraine and aspirant for the presidential chair at next year’s elections, has suggested a persuasive way to help conquer corruption in the country. According to her point of view, blockchain technology is the perfect candidate for this role.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ukraine-considers-blockchain/

Samsung Motivated to Launch Crypto Cold Wallet in Upcoming Galaxy S10 Smartphone

According to a report from SamMobile, the largest online Samsung platform, the electronics bull is considering whether to quickly integrate an effective cold wallet system into its Galaxy 10 smartphone which is launching soon. Samsung is the globe’s top manufacturer of semiconductors and smartphones.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/samsung-motivated-to-launch-crypto-cold-wallet/

CryptoMining: Cheap Electricity in Iran Attracts Massive Foreign Bitcoin Miners

As very many bitcoin miners in the world have attempted to close down their mining equipment, other miners are doing everything possible to find alternative means of surviving. Iran has come out to attract overseas miners because of its $0.006 cost for each kilowatt consumed in one hour. This makes it one of the low-cost power activity in the country.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/cryptomining-cheap-electricity-in-iran/

There is a Chance of Bitcoin Falling to $3,000 Before Starting a Bull Run

According to expert researchers, Bitcoin will continue its downward trend and reach $3,000 or even a bit lower before the beginning of a new powerful cycle. The price of Bitcoin has experienced a big rejection at this resistance, meaning it will harshly decrease very soon. There is also a chance that BTC may get into bear traps after reducing in value to $3,000. Furthermore, the number of Bitcoin shorts has slightly declined and it can be interpreted as the loss of hope of most retail traders.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/there-is-chance-of-bitcoin-falling/

Indian Government Panel Proposes Deeming Virtual Currency Dealings Illicit & Illegal

Putting conjecture on cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) to an end, a government panel has proposed formulating a new strong law that will regulate that field, according to sources familiar with the matter. The panel revealed that all those currencies must be deemed ‘illegal,’ CNBC TV18 reported on Friday, December 7, 2018.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/indian-government-panel-proposes-deeming-virtual-currency/

Digital asset institutional investors will soon be able to safekeep their holdings on a standardised, resilient, compliant and automated custody platform operated by Onchain Custodian (ONC), a Singapore company supported by Onchain.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/absolute-safe-for-digital-assets/

BTC Price: Will We See Bitcoin Rallying its Way up to the Moon in 2019?

Over the largest part of this year, the crypto market has remained bearish, with rapid corrections continuing no more than a couple of weeks. Now traders are scared and confused about taking any further steps with the fintech. Luckily, some experts claim investors have nothing to be afraid of.

The value of Bitcoin has decreased almost twice since mid-November, from $6,400 to $3,490. Despite this tremendous drop, some analysts remain optimistic, saying that bitcoin will easily exceed the mark of $20,000, the last year high, and skyrocket to the moon.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/will-we-see-bitcoin-rallying-its-way-up/

Buy Crypto with Credit or Debit Card Using EO.Finance

EO.Finance has launched a crypto-fiat gateway. Now it is possible to buy cryptocurrencies directly from the wallet using your debit or credit card, the maximum amount per single transaction is $25,000. Right now EO.Finance works with 40 different cryptos, and soon even more currencies will become available for purchase.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/buy-crypto-with-credit-card/