The sudden surge in DeFi activity this year has resulted in the execution of several different transactions on the Ethereum blockchain network.

The Bank of Thailand said that it is pilot testing its CBDC with country’s different financial institutions and other big enterprises.

Over the last 7 days, cryptocurrency prices have faced a short decline, yet we are nowhere close to a bear market, as values are likely to increase once again. With this in mind, in the case of bitcoin, a price peak of $9,339 was reported this week.

In one of the biggest hacks in the tech industry, hackers managed to get access to the Twitter accounts of high-profile personalities and corporates which in turn asked to send Bitcoins to a particular wallet address.

The BoE Governor Andrew Bailey said that the central bank is actively thinking of accommodating a CBDC in the country’s financial framework.

Check out some of the top performing alt coins which are grabbing the limelight.

The Spanish banking giant will use Ripple’s blockchain-based solution to get a strong hold in the rapidly changing international payments’ market.

Over the last 7 days, the cryptocurrency market has felt a slight degree of volatility, but all around, the values have remained mostly the same.

Coinbase’s public listing could be landmark victory for the crypto industry as it will encourage more crypto firms to join the mainstream markets.

As part of its initial stage tests in the market, China’s central bank has entered a strategic partnership with Didi to test the use of Digital Yuan across its customer base.

The Bank of Japan has said that it will be testing the technical viability of having a CBDC which can work both online as well as offline in its cash-dominant financial ecosystem.

The Visa Chief added that CBDCs can be the future of money and global digital transactions and will have major weight on monetary policies.

The IRS is looking for a prototype that gives a deeper understanding of the suspected users’ transactions by disclosing their DLT addresses and other information.

Over the last 7-days, the cryptocurrency market has been fairly stable. In the case of bitcoin, a short price dip was reported on the 27th of June, when the value fell to $8,882, yet the price quickly recovered and continued on a fairly-stable pathway.

The Bank of Canada is mulling out different options and use-cases for a CBDC with a key focus on accessibly and usability in the urban and rural regions as well as for the unbanked.

The demand for decentralized finance (DeFi) continues to rise especially with the current uncertainty in the global economy.

As we complete the first-half of 2020, here’s a look at how Bitcoin and other altcoins performed during the time.

EU’s lead economics minister said that the EU must take a lead ins establishing the regulatory regime for functioning of stablecoins and digital currencies.

Over the last week, the cryptocurrency market has seen an unexpected fall in prices, thus leading to increased volatility amongst most digital currencies and derivatives trading.

The BSN network will make use of Chainlink’s oracles to fetch real-world data from other off-chain platforms and bring them to the BSN blockchain.