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About author: George Agbugba

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Tech

Hullcoin: Can Local Currency Help Stimulate Hull’s Economy?

Volunteers and community workers may soon be able to get rewarded for doing “socially-useful tasks” thanks to a blockchain technology that rewards individuals effort with Hullcoins, of which can be exchanged for discounts at local retailers. Social Good and Local Currencies The idea, which had its inception in 2014, is being spearheaded in Hull, England and was first envisioned by…

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LocalCoin Launches Bitcoin ATMs in Toronto at Gateway Newstands

Category: Bitcoin, Business, Finance, News

LocalCoin Launches Bitcoin ATMs in Toronto at Gateway Newstands

Ontario-based company LocalCoin which specializes in bitcoin-related services announced on March 29 a partnership with Gateway Newstands, bringing a network of Bitcoin ATMs to Toronto’s subway. Gateway Newstands is a chain of convenience stores and currently has more than 500 convenience stores, with the majority of them located on Toronto Subway lines operated by the Toronto Transit Commission (TTC). Thus,…

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Stock Market Principles are Required in the Cryptocurrency Market Says Senior SEC Official

Category: Business, Commentary, News, Regulation

Stock Market Principles are Required in the Cryptocurrency Market Says Senior SEC Official

According to Brett Redfearn, a senior U.S. Securities and Exchange Commission (SEC) official, the cryptocurrency marketplace could be enhanced by applying some of the standards from the stock market such as best execution and surveillance, the official said on March 22. Cryptocurrency Markets Needs To Evolve Brett Redfearn who heads the SEC exchanging and markets division said with the cryptocurrency…

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Mexican Company Launches Cryptocurrency Backed by the Habanero Chili

Category: Altcoins, Business, Finance, News

Mexican Company Launches Cryptocurrency Backed by the Habanero Chili

Agrocoin is a cryptocurrency launched by Mexican-based Amar Hidroponia on September 2017, with the aim of offering small investors a viable opportunity to invest in one of the world’s hottest chilis; the habanero chili. The Value of Agrocoin Although habanero chili plants grow in many parts of Mexico, they have a special feature; they support the value of a cryptocurrency….

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Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

Category: Blockchain, Business, Ethereum, News, Tech

Hong-Kong Tech Company’s Ethereum Platform to Revolutionize the Shipping Industry

A Hong Kong-based startup company 300cubits, which centers around developing Ethereum blockchain technology for shipping, recently announced that it has completed its first trial shipment via a smart contract technology. How Does TEU Token Work? The trial uses “TEU” tokens to facilitate shipping transactions and has been referred to as the bitcoin of the shipping industry. The principle behind this…

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Stellar is Looking to Incorporate the Lightning Network

Category: Altcoins, Blockchain, Finance, News, Tech

Stellar is Looking to Incorporate the Lightning Network

On March 19, the Stellar team released technical specifications and guidelines for the implementation of the Lightning Network, the Bitcoin scalability solution enabled by SegWit. The move follows the introduction of Lightning to the mainnet of both Bitcoin and Litecoin as BTCManager reported on March 16. When Bitcoin became popular in 2009, it was strongly viewed as an alternative means…

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French Authority AMF Bans Unlawful Cryptocurrency Websites

Category: Altcoins, Bitcoin, Business, News, Regulation

French Authority AMF Bans Unlawful Cryptocurrency Websites

Financial market authority, the Autorité des marchés financiers (AMF), published a press release on March 15, stating that it has blacklisted cryptocurrency and cryptoasset investment websites which unlawfully ask individuals in European countries to invest in cryptocurrencies and digital assets. France Takes a Strong Stance on Cryptocurrency Websites According to AMF The “blacklist” comprises of 15 website addresses, which are…

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Indonesia’s Largest Digital Asset Exchange Poised to Surpass its Country’s Oldest Stock Exchange

Category: Altcoins, Business, News, Tech

Indonesia’s Largest Digital Asset Exchange Poised to Surpass its Country’s Oldest Stock Exchange

The largest Indonesia Digital Asset Exchange known as INDODAX which deals with the buying and selling of cryptocurrencies such as bitcoin, ether, litecoin etc. is poised to overtake its country’s century-old stock exchange. INDODAX was earlier known as Bitcoin.co.id which began its operations since 2014 currently has 1.14 million members. According to its Chief Executive Officer Oscar Darmanwan, INDODAX will…

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Bitcoin Pioneer Harnessing Excess Mining Heat to Produce Cash Crops

Category: Bitcoin, Mining, News, Tech

Bitcoin Pioneer Harnessing Excess Mining Heat to Produce Cash Crops

In the course of the last few of years, there have been considerable discussions relating to the energy consumed by cryptocurrency mining. The process of generating new bitcoin is called mining, and this consumes a lot of electricity in the process. According to Digiconomist’s Bitcoin Energy Consumption 2017 Index, Bitcoin’s annual estimated electricity consumption is equivalent to 29.05TWh or 13%…

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The Top U.S. Cities with the Most Bitcoin and Cryptocurrency Investments Per Person

Category: Altcoins, Bitcoin, Finance, News

The Top U.S. Cities with the Most Bitcoin and Cryptocurrency Investments Per Person

When considering which US cities are responsible for the most substantial investment in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, you might think that big cities such as New York, Los Angeles would be the principal representative of such financial endeavors.  Top Ten U.S. Cities with the Highest Crypto Holdings Per Person This assumption above, however, does not seem to…

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