#Bitcoin

Bitcoin Miner Puts Billboard Outside Buffett’s Office

May 21, 2018 by Priyeshu Garg at Bitcoin, Business, Commentary, News

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...

Iran’s HCC Welcomes Bitcoin with Regulations

Iran Says Using Cryptocurrency Can Circumvent the Country’s U.S. Dollar Influence

May 21, 2018 by contributor at Altcoins, Bitcoin, Commentary, Finance, News, Regulation

Always in the news for political controversies, Iran is surprisingly emerging as a “cryptocurrency-friendly” nation. As reported earlier, Iranis use the bitcoin (BTC) route to remit money abroad, with the government taking steps to capitalize on the trend. Iran’s Cryptocurrency Push In an official statement given by the Central Bank...

Nigeria Blockchain Conference 2018: Youths Set to Disrupt Traditional Systems with Cryptocurrencies

Nigeria Blockchain Conference 2018: Youth Set to Disrupt Traditional Systems with Cryptocurrencies

May 21, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Commentary, News

Africa has missed out on the technology and Internet revolutions. Now, the most populous and endowed black nation in the world, Nigeria is not ready to let the crypto movement pass it by as the youths have taken their destinies in their hands with blockchain technology. Naija Heading to the...

Tax Evasion: Bitfinex Cryptocurrency Exchange Set to Give Out Customer Data to Government

May 21, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Finance, News, Regulation

Its stale news that world governments are finding it a herculean task getting cryptocurrency investors to pay their taxes. In the latest development, the fourth largest crypto exchange in the world, Bitfinex, is now working hand-in-hand with the government of the British Virgin Islands in a bid to clamp down...

RSK Bitcoin-Based Smart Contract Platform Now Secured by 1 in 10 Miners

May 20, 2018 by Rahul Nambiampurath at Bitcoin, Blockchain, Ethereum, News, Tech

RSK Labs cofounder Gabriel Kurman announced that one of ten miners now secured a smart contract solution built by the company on the Bitcoin blockchain. RSK, formerly known as Rootstock, will bring smart contracts, a key feature of the ethereum blockchain, to the world’s largest and most popular cryptocurrency, bitcoin....

Bitcoin Exuberance: Indicative Of A Bubble?

Bitcoin, Not Blockchain, is a Bubble Says Alibaba Founder

May 20, 2018 by Priyeshu Garg at Bitcoin, Commentary, News

Jack Ma, the billionaire founder of Alibaba, is the latest member of the “blockchain only” movement. Speaking during the Second World Intelligence Conference in Tianjin taking place on May 16-18, Ma said that bitcoin, not blockchain is a bubble. He also expressed his dissatisfaction with the level to which the...

German Stock Exchange Unveils Bison for Free Trading of Bitcoin, Ethereum, Litecoin and Ripple

May 19, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Ethereum, Finance, News

Germany second-biggest stock exchange, Börse Stuttgart, is expanding its footprint into the cryptocurrency sector with the launch of a new crypto trading platform. Bison is the new platform that the exchange says will simplify the process of trading digital currencies and becomes the first crypto app, backed by a reputable...

Twitter CEO Jack’s FinTech App Square is Surpassing Competitors like Venmo With Bitcoin

May 19, 2018 by Joseph Young at Bitcoin, Business, Finance, News

Square, the FinTech application developed by Twitter CEO Jack Dorsey, has surpassed the growth rate of its competitors like PayPal’s Venmo that have dominated the financial technology sector over past few years. Square’s Market Cap Rises $8 Billion On May 4, BTCManager reported that investors were initially not satisfied with...

Unilever Owned Schmidt’s Naturals Adds Bitcoin Payment Support

May 19, 2018 by Priyeshu Garg at Bitcoin, Business, News

Schmidt's Naturals, the globally renowned brand for personal care products, has decided to hop in on the crypto bandwagon. Starting May 14, 2018, the Unilever-owned company began accepting bitcoin payments on its online store. Source: CNBC In a conversation with CNBC, the Schmidt's Natural’s co-founder and chief executive Michael Cammarata...

JP Morgan Launches Cryptocurrency Strategy

May 19, 2018 by Cindy Huynh at Altcoins, Bitcoin, Business, Ethereum, Finance, News

JP Morgan is taking cryptocurrencies seriously by appointing London-based fintech head Oliver Harris to create a cryptocurrency strategy for the company, revealed on May 18. According to Business Insider Australia, Harris, 29, who is drawing out the cryptocurrency strategy, will become the head of cryptoasset strategy for the bank. For...

Renewed EU KYC Enforcement May Reinforce Bitcoin Legitimacy

May 18, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Finance, News, Regulation

The general theme in the cryptocurrency market in 2018 has been government regulations. In many regions of the world, governments appear to be taking a more serious approach to monitoring the activities of the crypto ecosystem. KYC and AML Procedures The EU has been at the forefront of creating a...

South Africa to See Its First Cryptocurrency ATM

May 18, 2018 by contributor at Altcoins, Bitcoin, Business, Ethereum, News

The potential and benefits of bitcoin and other cryptocurrencies are limited to one very critical factor - real-world adoption. The absence of which could also severely impede the growth of a decentralized economy. Moving forward in this regard is South Africa, which will soon be installing a cryptocurrency ATM for...

Cryptocurrencies standing proud waving the French flag blockchain

French Finance Minister is Seized by Sudden Passion For Cryptocurrency

May 18, 2018 by Joseph Young at Altcoins, Bitcoin, Blockchain, Commentary, News

Bruno Le Maire, France’s finance minister since May 2017, has publicly stated that he has obtained a renewed interest in the cryptocurrency sector and blockchain technology. In an interview with Alex Stachtchenko, the co-founder of Blockchain Partner and La Chaintech, two blockchain associations based in France, Le Maire said: “I...

Bitcoin Uses 0.5 Percent of World’s Energy Supply, Says Peer-Reviewed Report

May 18, 2018 by contributor at Bitcoin, Commentary, Mining, News

Bitcoin’s energy usage has long been a subject of criticism since the issues first came to light. But, most of the revelations are limited to anecdotal evidence or weakly researched primary reports, with future predictions based on such data. To combat the epistemic crisis, a recent peer-reviewed research paper breaks...

Women Only Account for 8.75% of Crypto Traders

Women Only Account for 8.75 Percent of Crypto Traders According to eToro Survey

May 18, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Commentary, Ethereum, News

A recent survey conducted by eToro, the social trading and multi-asset brokerage company, revealed that women only account for a tenth of crypto traders. This information solidifies the fact that gender inequality is still a major stumbling block for the crypto sector. Since the inception of Bitcoin, it has been...

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