About Author:
1 Confirmation with Jeff and Dave
A graduate of English, I stumbled on cryptocurrency while trying to proofread an article for a friend back in 2011, and since then, I have been hooked! I play word games when I am less busy (I'm a pro by the way) and I am a tennis aficionado.
Phil Anderson, running for the Wisconsin State Assembly has stated that he would accept cryptocurrency donations towards his campaign, using U.S. crypto payment platform BitPay. Anderson Defends Legality of Crypto Political Donations In an announcement released by Phil Anderson’s campaign team on Monday (September 21, 2020), the entrepreneur and real...
Cryptocurrency firms and fintech companies in the United States will start to enjoy a less cumbersome registration process with reduced cost, following a new unifying rule. One Rule, Cheaper Costs According to Reuters on Tuesday (September 15, 2020), the Conference of State Bank Supervisors (CSBS) announced a new regulatory strategy...
Microstrategy seems be doubling down on Bitcoin after the company purchased another 16,796 BTC worth $175 million. Microstrategy’s Total Bitcoin Holdings Worth $425 Million Tweeting on Tuesday (September 15, 2020) the company’s CEO Michael Saylor announced the addition of 16,796 BTC to its stash. Although BTC’s value has risen and...
A group that focuses on Bitcoin education has started a Bitcoin-centric advertisement using various methods in different parts of Hong Kong. Radical Bitcoin Campaign in Hong Kong The Bitcoin Association of Hong Kong has started a Bitcoin ad campaign in major areas across Hong Kong. The BTC campaign which began...
After suffering a couple of 51% attacks, Ethereum Classic (ETC) Labs is planning to adopt measures that would protect its network from similar attacks in the future. ETC Goes After NiceHash Amid Multiple 51% Attacks In a Medium blog post on Monday, ETC Labs announced that it would involve regulators...
Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto...
Switzerland crypto-friendly bank Sygnum in conjunction with cryptocurrency platform Coinify and Galaxus, Switzerland’s largest online successfully completed an e-commerce transaction using Sygnum’s stablecoin. First e-Commerce Transaction Using Stablecoin Sygnum announced the news of the transaction via a press release on Thursday (August 27, 2020). According to the post, the e-commerce...
China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions. Digital Yuan Test for Small Transactions In a report by Global Times on Monday (August...
Archax, a London-based company has become the first digital securities exchange and custodian to be regulated by the U.K. regulator, the Financial Conduct Authority (FCA). Archax Obtains Various Licenses for the FCA The company made the announcement via a press release on Wednesday (August 19, 2020). According to the press...
Grayscale Investments revealed its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) are available for public trading. The move comes after the crypto hedge fund giant obtained Depository Trust Company (DTC) eligibility for the two products. Bitcoin Cash and Litecoin Shares Available to the Public The leading asset management company...
Bitcoin continues to gain popularity among U.S. investors, following reports that the flagship cryptocurrency was the second-highest viewed asset after Tesla. Bitcoin Visibility is on the Rise According to data from stock charts platform TradingView, Bitcoin saw increased interest among U.S. investors and traders in the month of July. The...
Coinbase and Square become the latest platforms to venture into the ever-growing crypto lending space. Coinbase revealed a new loan feature that would enable users to borrow cash with Bitcoin as collateral. Coinbase Cash Loans with Bitcoin Collateral In a blog post published on Wednesday (August 13, 2020), Coinbase, a...
The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason. Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for...
Australia’s intellectual property rights agency IP Australia partnered with the country’s top rugby team to test blockchain technology to tackle merchandise counterfeiting. Blockchain Technology to Curb Piracy and Counterfeiting According to a report by ZDNet on Monday (August 10, 2020), The National Rugby League (NRL) and IP Australia will test...
China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency. Digital Wallet App Used for Payments and Transfer According to Reuters on Thursday (August 6, 2020), the...
