Based on a recent report, the New York State Department of Financial Services(DFS) has granted a limited trust status to NYDIG Trust Company, and a BitLicense to NYDIG Execution. Both of these companies have been identified to be subsidiaries of The New York Digital Investment Group (NYDIG). NYDIG is 14th Company to Receive the DFS…
Read more
The U.S market is inarguably the most important market any business can aim to expand into. As a result of this, a Hong-Kong based crypto and blockchain startup, Crypto.com has announced plans to expand its prepaid VISA cards to the United States. The card, MCO Visa Card, is currently only available to residents of Singapore.…
Read more
To regulate or not to regulate is the unresolved question slowing cryptocurrency adoption. Recent cooperative initiatives between regulators and the cryptocurrency industry across three continents are lowering regulatory risk. Whether or not the regulatory hand takes over, the self-regulatory winds are leading to a pick up in cryptocurrency exchange launches. The concern is with over…
Read more
A new educational center called the Bitcoin Embassy New Hampshire has been launched by crypto advocates resident in the Keene region of New Hampshire. Keen which is described as a city for “libertarian philosophies” has been pushing the course of the cryptos industry for quite a while now. The Bitcoin Embassy New Hampshire Advocates of…
Read more
CryptoDezire is a wholesome one-stop shop for digital solutions related to cryptocurrency. This blockchain based ecosystem uses the CryptoDezireCash coin to ensure liquidity on the network Why does CryptoDezire merit the description of an all-in-one solution? This is because the platform can perform a wide range of functions including hosting your nodes, domains and provision…
Read more
Based on a recent report, two Sweden based mining companies have reportedly disappeared without leaving any trace. One of these crypto mining companies left a hefty electricity bill of about $1.55 million in its wake. Huge Mining Electricity Bill U.S. Miner NGDC, one of the mining company was said to have used electricity worth about…
Read more
With the price of bitcoin getting stagnant and showing no signs of a major bull rally any time soon, the need for more efficient miners with higher hash rate and lower power consumption has become paramount. GMO Internet, which initially announced plans to launch two new lines of top-notch 7nm bitcoin mining rigs, which is…
Read more
Based on a previous report, it was made known that the Reserve bank of India has instructed all banks from engaging in any crypto related activities within the country. All regulated and licensed financial institution in the country are required to abide by this ban. Even at that, there have been several reports indicating that…
Read more
The one reason why the cryptocurrencies managed to gain a huge consumer appeal is its feature of anonymity. However, digital assets powered by the blockchain technology usually have an open and public ledger of its transactions. A significant downside to this is that privacy is often compromised. Even though Bitcoin promises to have some privacy…
Read more
The blockchain industry is becoming increasingly popular for allowing a large number of scammers to thrive. The anonymous nature of blockchain technology is been exploited by this bad eggs to cause more damage to the industry’s reputation. A case in point is the recent discovery of a Bitcoin Scam Scheme which has so far stolen…
Read more
