In a world where payment solution is controlled by centralized financial institutions, the need a payment solution which transcends borders and government restriction has never been so pertinent. Take the case of Iran for example. The oil-rich country is currently under tight economic sanctions from the U.S government. Since its sanctioning, the country is no…
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The U.S. state of Colorado has recently announced the introduction of a new crypto related Acts called the “Colorado Digital Token Act”. According to the state, the new act will provide cryptocurrencies with some exemptions from the state securities laws. The scope of the New Bill It was stated in the bill document that: “The…
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The Venezuelan Government has recently announced plans to build 3 million homes for its citizens. The government made it known that it will be financing the project with its digital currency, the Petro. Surprisingly, the authorities made it known that there is more than enough money and material to get the project done. Not a…
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A publication has been released by Hive Blockchain Technologies stating the company’s reaction to the Norwegian Parliament’s recent approval of a legislative bill that was supposed to prevent virtual currency miners from having access to tax relief on electricity consumption but was made accessible to other power-intensive industries. Hive is Greatly Affected The statement evaluates…
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Crypto Boxers, the first and only boxing game operating on the blockchain, has recently announced the formation of a partnership with PlayStakes LLC, a blockchain focused development studio created by Tekysz. Crypto Boxers is the First The announcement was made by the concept creator behind, Crypto Boxers, Andrew Gilliam. The boxing game which was created…
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According to a recent press release, BitTorrent Inc., a leader in peer-to-peer protocols and products, has announced the launch of a token. The newly launched token is expected to help “expand upon its vision of a decentralized internet.” BitTorrent (BTT) Token The new token— BitTorrent (BTT), is going to get issued by the platform’s foundation—the…
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In the last couple of months, the number of online retailers which accepts bitcoin cash (BCH) as a means of payment is now over 945. According to a directory of merchants that accept payments in BCH, which was provided by MarcoCoino. Over 670 bricks and mortar retailers carry out business using virtual currencies. BCH Payment…
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According to an estimate done by Coinopsy, a website which keeps an updated catalogue of virtual currencies which are no longer in existence. About 264 altcoins didn’t scale through the bearish market of 2018. Majority of the projects that didn’t survive 2018 were created in 2017. 264 Altcoins Died in 2018 264 virtual currencies which…
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Venezuela, a country currently going through one of the most intense hyperinflation ever experience, has in recent times showed a strong affinity for the use of cryptocurrency. This was confirmed in a report from an Indian based cryptocurrency exchange— Instashift. Instashift exchange is Now Live in 45 Countries The exchange which is now live in…
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DMM.com has recently made it known that it will be shutting down all crypto mining operations. The Japanese company made it known that as a result of “deteriorating profitability,” it is set to put all crypto mining operations on hold. DMM Bitcoin Mining Keishi Kameyama the founder of DMM made the announcement via a local…
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