Category: News

The Travel Sector Slowly Adopting Cryptocurrency Gamification And Rewards System

Cryptocurrencies are still gaining more areas of application, as the travel industry becomes one of the latest sectors to adopt the use of the virtual currencies in its rewards model. In May, WeGoGo announced plans to launch a Crypto-based reward system. KeyoCoin is also introducing a similar program in the Americas. The latest development is […]

Bitmain Crypto Miners Now In Texas

Bitmain Technologies Ltd. has opened a Crypto mining facility in Texas, USA. The company will occupy a facility that previously hosted an aluminum smelting company and has a recently-retired coal power station. The local government has already offered the firm a tax abatement that will be scrapped after 10 years. The new facility is expected […]

Bob Goodlatte, A Member Of The U.S. Congress Reveals His Crypto Holdings

Congressman Bob Goodlatte has disclosed his Crypto holdings. The chair of the House Committee on the Judiciary is likely the first congressman to reveal his investments in the virtual currencies. In June, the US Office of Government Ethics (OGE) released a legal advisory requiring employees in the executive branch to reveal their holding of Cryptocurrencies. […]

Coinbase To Include Woo Commerce To Reach More Users

The adoption of Cryptocurrencies has continued to grow significantly in recent times. Coinbase, America’s largest Cryptocurrency bank has announced that its commerce section will expand to Woo Commerce. The new feature will be introduced through a plugin available for download at Github and will help in making the merchants feel comfortable when dealing with the […]

Venezuela and Iran – Why it is good that Rogue States adopt Crypto

Venezuela launched its own cryptocurrency last year. Now Iran is following. The middle-eastern country is reacting to US sanctions that will be enforced from the 6th of August on. To avoid the sanctions, Iran relies on cryptocurrencies. While Iranians buy into Bitcoin & Co. to avoid losing money through the plummeting Rial, the Iranian state […]

Finder Co-Founder Plans To Launch The ‘Crypto Bank Of Australia’

Finder co-founder Fred Schebesta has revealed that he is planning to create a crypto bank in Australia. Schebesta is a popular investor in the country and became especially popular after he was listed among the youngest self-made millionaires. He started Creditcardfinder.com.au, a credit card blog which is now known as Finder and worth around $1 billion […]

Indians Circumvent The RBI Cryptocurrency Ban

The Indian Crypto traders have come up with a new way of trading the virtual currencies, especially Bitcoin to bypass the Crypto banking ban introduced by the Reserve Bank of India (RBI). All the financial institutions under the RBI, the country’s central bank are not allowed to provide banking services to businesses dealing with Cryptocurrencies. […]

Philippines Proposes New Icos And Crypto Regulations

ABS CBN News has reported that the Philippine SEC has already accepted proposed laws for initial coin offerings (ICOs). This official acceptance is expected to allow the legal trading of Cryptocurrencies in the country. SEC chairman Emilio Aquino has said that they have released the proposed rules on ICOs for public comment before they are implemented. […]

Northern Trust To Help Hedgefunds Invest In Cryptocurrency

Ranking at 486th on the Fortune 500 list, financial services giant Northern Trust is expanding its horizons into the blockchain and cryptocurrency sphere by not only adding blockchain features in the management of its private equity workflow but by also extending its fund administration services to accommodate hedge funds which want to invest in cryptocurrency. […]

2018 US Blockchain Services Expenditure Already Outweighs 2017’s

According to a bi-annual report released by KPMG and dubbed “The Pulse of Fintech”, the 2018 spending of blockchain services in the United States of America has gone way past the 2017’s. Blockchain Unexpected Upsurge In this report that was carried out by the world’s largest tax advisory service company, KPMG, the spending of various […]
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