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Africa Blockchain Conference 2018 • May 23-24, 2018

Organized by The Blockchain Association of Uganda, with support from the Government of Uganda, the Africa Blockchain Conference will concentrate…

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Category 11: News

UK Mosque Plans to Accept Bitcoin and Ethereum for Alms and Zakat this Ramadan

Category: Bitcoin, Commentary, Ethereum, Finance, News

UK Mosque Plans to Accept Bitcoin and Ethereum for Alms and Zakat this Ramadan

While Islam frowns at high-interest rate lending, currencies not backed by commodities or assets, and Ponzi schemes, the Shacklewell Lane mosque in London has caught the bitcoin bug and has made it possible for Muslims in the area to give alms and make donations to the mosque with cryptocurrencies. Bitcoin for Zakat and Sadaqah In what seems like a forward-thinking…

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Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

Category: News Digest

Consensus 2018 Fails to Spark Bitcoin Rally: Week in Review May 21

Consensus, the biggest annual bitcoin conference, was held in New York in the past week but failed to spark the expected bitcoin rally that financial commentators like Fundstrat’s chief analyst Tom Lee predicted. Instead, the price of bitcoin dropped after the conference concluded and remained mostly unchanged versus last week’s closing price. Nonetheless, the takeaways from Consensus were more positive…

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British Airways Testing VChain’s Blockchain Check-in Service

Category: Blockchain, Business, News, Tech

British Airways Testing VChain’s Blockchain Check-in Service

Long security checkup queues at airports, could soon be a thing of the past. Startup VChain is working on a blockchain powered service that, Ira Ariella Khi, says will revolutionize the check-in process in the travel industry. VChain Verification System The new service has already received the endorsement of IAG, the parent company of British Airways. In its purest form,…

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Moldova Finances Solar Energy With Cryptocurrencies

Category: Altcoins, Business, News, Tech

Moldova Finances Solar Energy With Cryptocurrencies

Sun Exchange, a South African marketplace financing solar power via cryptocurrencies recently partnered with the United Nations Development Programme (UNDP) to power the Technical University of Moldova with cryptocurrency-funded solar energy. The deal should meet most of the University’s energy requirements since the solar-powered rooftop installations would reach 15,000 square meters in surface area. The idea is to test the…

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Reshaping Shopping with AI and the Blockchain: OSA DC Launches Token Sale

Category: Press Releases

Reshaping Shopping with AI and the Blockchain: OSA DC Launches Token Sale

After generating more than $1 million in revenue through its platform ALREADY used by 20 retailers, OSA DC plans to scale its model of blockchain transparency and AI efficiency to thousands of supermarkets and retail stores worldwide. While saving retailers billions, the company’s platform will empower shoppers with real-time competitive pricing, product details, and peer reviews on every product they…

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Goldman Executive Left Wall Street to Cryptocurrency Sector, Here’s Why

Category: Altcoins, Bitcoin, Finance, News, Regulation

Goldman Executive Left Wall Street to Cryptocurrency Sector, Here’s Why

Timothy Tam, a former statistical arbitrage trader at Goldman Sachs and senior trader at major Asian hedge funds who managed more than $1.5 billion by trading equities, foreign exchange, and convertible bonds, recently explained why he had to leave Wall Street to enter the rapidly growing cryptocurrency sector. Escaping Wall Street On Entrepreneur Europe, Tam outlined his successful career in…

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Ark ETF Sells Most of Its Bitcoin Due to Poor Performance and Regulation

Category: Bitcoin, Business, Finance, News

Ark ETF Sells Most of Its Bitcoin Due to Poor Performance and Regulation

Bitcoin’s rise as an investment tool, which often supersedes its popularity as a digital means of payment, has resulted in the creation of several digital currency financial products. Among them is a feature of the traditional financial markets, the Exchange Traded Fund (ETF), which allows investors to track and invest in multiple assets using a single over-laying product. ETFs a…

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Commonwealth Bank Of Australia’s CFO Quits To Join EOS VC Firm

Category: Altcoins, Finance, News

Commonwealth Bank Of Australia’s CFO Quits To Join EOS VC Firm

The chief financial officer of the Commonwealth Bank of Australia, Rob Jesudason, is resigning to join a blockchain startup based in Hong Kong known as Block.one as the chief operating officer and president. Block.one is the startup backing the EOS (EOS) virtual currency which is currently the fifth largest in the world with regards to market capitalization and develops open…

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Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Genesis Global Trading Joins the League of Bitcoin Businesses Granted New York BitLicense

Genesis Global trading, a reputable cryptocurrency brokerage that services institutional investors and high caliber bitcoin investors have finally succeeded where many firms have failed. The Digital Currency Group-backed firm is now one of five crypto-related businesses to have been granted the New York BitLicense, the others being Coinbase, bitflyer, and Circle Genesis Cracks the BitLicense Hard Nut Thursday, May 17,…

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Bitcoin Miner Puts Billboard Outside Buffett’s Office

Category: Bitcoin, Business, Commentary, News

Bitcoin Miner Puts Billboard Outside Buffett’s Office

Bitcoin skeptic Warren Buffet is goaded by Mining firm that put in place a billboard saying “Maybe you’re wrong about bitcoin.” Bitcoin came into the scene in 2009 and since then, and it has continued to grow steadily. With its highs and lows, it is getting new converts daily which has increased its popularity in a short space of time….

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