Home / Blog / Employees of Chinese Government to be Paid in Digital Currency – April 16

Employees of Chinese Government to be Paid in Digital Currency – April 16

Employees of Chinese Government to be Paid in Digital Currency – April 16

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,002

Bitcoin worth has jumped again above the $7,000 mark, following a fake-out to the draw back. Price dropped as little as $6,500 earlier than rallying.

Top-20 altcoins have carried out even higher, as Ethereum beneficial properties eight%, XRP three%, and EOS rallies virtually 9%.

Top Stories for April 16, 2020 🔥

👉 Employees of Chinese Government to be Paid in Digital Currency

It has been reported that workers of the Chinese authorities will start to obtain 50% of their transportation subsidies in the brand new central financial institution digital foreign money.

The transfer will start in May, because the digital foreign money launches with 4 state-owned banks. It could characterize the primary occasion of a cryptocurrency being correctly deployed on a nationwide scale.

👉 Alibaba Subsidiary Launches OpenChain, a Consortium Blockchain

Chinese tech big Alibaba have launched a consortium blockchain platform, by their monetary know-how subsidiary, Ant Financial.

The platform, named OpenChain, is designed to help small to medium sized companies run operations on their blockchain, which is at the moment quicker and cheaper than public chains.

👉 Almost 50 Google Chrome Extensions Busted for Hijacking Crypto Wallets

A complete of 49 Google Chrome extensions have been faraway from the Chrome Web Store, after being found to be malicious software program.

The extensions have been recognized by researchers from two corporations, MyCrypto and FishFort, who say the extensions have been predominantly phishing instruments focusing on non-public keys and seed phrases.

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