#adoption

The Australian Beach Town Where You Can Pay for Your Holiday in Bitcoin

June 4, 2018 by Cindy Huynh at Bitcoin, Business, News

Agnes Water-1770, a town in central Queensland, Australia is currently “Australia’s first digital currency-friendly” tourist town. They currently have over 30 businesses that accept cryptocurrencies as an alternative form of payment. The goal is to attract more international tourists who prefer to pay for goods and services with digital currencies...

Meet the Unknown Bank That Is Funding Major Cryptocurrency Exchanges

June 4, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News, Regulation

The somewhat hyped Consensus 2018, witnessed a deep interest in a San Diego-based small community money-lender Silvergate Bank. It has been hailed as a lifeline for cryptocurrency exchanges and enterprises which have been shown the exit by Wall Street banks. The Lifeline for the Crypto Industry According to a report...

Ex-Augur Founder Launches Blockchain Religion, Offers “Totems” to Devotees

June 4, 2018 by contributor at Altcoins, Blockchain, News, Tech

While most blockchain enthusiasts go ahead and create their own cryptocurrency, Augur’s ousted co-founder Matthew Liston has gone one step ahead and formed his own blockchain-backed religion. Religion a Billion Dollar Opportunity Earlier in May 2018, Liston was embroiled in an ugly $152 million lawsuit with his former co-founders, accusing...

Buying Groceries With Cryptocurrencies Becomes a Reality

June 4, 2018 by Pratik Makadiya at Altcoins, Bitcoin, Business, Ethereum, News

In an attempt to bring cryptocurrencies into the mainstream, a crypto enthusiast entrepreneur (or a team) have come up with an innovative idea to blend two passions; virtual currencies and nutrition, by enabling grocery shopping using cryptocurrencies, known as CoinGrocer. The ardent anonymous team launched a beta version of an...

Bitcoin’s Promise of Global Currency to be Tested at FIFA World Cup in June 2018

June 2, 2018 by Rahul Nambiampurath at Altcoins, Bitcoin, News, Regulation

Bitcoin could be set for a significant boost as Russia prepares to host the 2018 FIFA World Cup from June 14, 2018. Numerous hotels across the country have announced plans to accept bitcoin as a currency to ease forex woes for tourists. Rise in Merchants Accepting Bitcoin in Russia Russia...

Bitcoin Candy Dispenser Reveals Sweet Future for Bitcoin Micropayments

June 2, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, News, Tech

Since the price of bitcoin (BTC) hit the moon and earned global recognition, many have criticized the flagship cryptocurrency for its inability to process micropayments such as purchasing groceries or paying for chocolate at a neighborhood store. The Knezic Revolution However, a Swiss coder has proven all bitcoin pessimists wrong...

GMO Launches “CryptoChips,” A Bitcoin-Based Gaming Rewards System

June 2, 2018 by Priyeshu Garg at Bitcoin, Business, Finance, Mining, News

Prominent Japanese conglomerate, GMO Internet Inc., has taken another significant step in its quest to excel in the cryptocurrency market. On May 31, 2018, the firm announced the launching of an in-game rewards system called CryptoChips. About CryptoChips GMO announced the crypto gaming rewards system via a press release on...

ADX Partners with Equichain to Provide Better Services Using Blockchain Technology

June 2, 2018 by Pratik Makadiya at Blockchain, Business, Finance, News, Tech

Abu Dhabi Securities Exchange (ADX), has signed a pact with Equichain, a UK-based financial technology company, to see how best to use blockchain technology to bring efficiency to operations of the capital markets. Slicing Intermediary Layers As reported on The National, the aim of introducing blockchain technology to its workflow...

Someone Sent $99 Million in Litecoin, Costing Just $0.40 in Fees

One Arrow, Two Kills: Litecoin Announces Two Major Developments on May 31

June 2, 2018 by contributor at Altcoins, Business, News, Tech

Litecoin was on a roll on May 31, 2018, as the project’s founder, Charlie Lee, ecstatically tweeted about two major developments for the digital currency; firstly, a major platform upgrade and secondly, TapJets’ adoption of litecoin payments. Litecoin v0.16.0 Launched Announced on its official blog, Litecoin released its much-awaited Litecoin...

What is GameCredits and Is It a Good Investment?

June 1, 2018 by Alex Lielacher at Altcoins, Bitcoin, Blockchain, Business, Cryptocyclopedia, Ethereum, News, Tech

The crypto asset investment universe has grown into a $330 billion asset class that is composed of a wide range of different digital currencies and tokens. The variety of digital assets is one of the most alluring factors of this new digital asset class. There is indeed something for everyone...

Rural Banks in the Philippines use ConsenSys Ethereum Blockchain System to Facilitate Real-time Transactions

Rural Banks in the Philippines to use ConsenSys’ Ethereum Blockchain System to Facilitate Real-time Transactions

June 1, 2018 by Ogwu Osaemezu Emmanuel at Blockchain, Business, Finance, News, Tech

On May 27, 2018, ConsenSyS announced the selection of five rural banks in the crypto-friendly Philippines to try out its blockchain-based real-time payments solution. Banking the Unbanked The Union Bank of the Philippines has joined forces with the ConsenSyS blockchain startup to change the faces of five rural banks in...

South Africa’s Sygnia Joins the Bitcoin Bandwagon, Set to Launch Own Cryptocurrency Exchange

May 31, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Bitcoin, Business, Finance, News, Regulation

The African continent is not ready to occupy the back seat in the blockchain and cryptocurrency revolution, as several firms in the region are contributing their bit to the crypto movement. On May 25, 2018, Johannesburg-based Sygnia investment firm has hinted it's starting a blockchain-powered virtual currency exchange by the...

First Bank in Kuwait to Test Ripple Blockchain to Process Instant Global Payments

May 31, 2018 by Joseph Young at Altcoins, Blockchain, Business, Finance, News, Tech

Kuwait Finance House (KFH), the first commercial bank in the State of Kuwait established in 1977, announced on May 26, 2018, that it has begun testing Ripple’s blockchain protocol to settle instantaneous global payments and remittances in a decentralized manner. More Partners, More Momentum The deal between KFH and Ripple...

UNOPS Collaborates with IOTA to Adopt Blockchain’s Transparency Features

May 30, 2018 by contributor at Altcoins, Blockchain, News

The IOTA foundation announced a collaboration with the United Nations Office for Project Services (UNOPS) on May 24, 2018, to facilitate the latter’s push to implement blockchain technology in its administrative systems. UN’s Blockchain Push The UNOPS looks to increase the operational efficiency for United Nations (UN) offices across the...

Interview with Stephen Xu of QTUM and Co-Founder of DREP

May 26, 2018 by Kieran Smith at Altcoins, Blockchain, Business, Commentary, Interviews, News, Tech

After his recent departure from QTUM, Stephen Xu shared his thoughts with BTCManager on the challenges facing the blockchain space, the China ban and the future of cryptocurrency. A graduate of the University of Chinese Academy of Sciences, Stephen Xu is a veteran in the blockchain space, and also worked...

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