Tag Archives: cryptocurrency

A BCH Backed Version Of Patreon To Be Launched Soon

  • By Samantha Mitchell
  • July 12, 2018
  • 307 Views
  • 1 Comment
A few days ago, a team of programmers came together and announced the launch of a ‘Bitreon.cash,’ a system that resembles a popularly known membership app called Patreon. This platform, however, will be different in that it will support Bitcoin Cash (BCH) payment and block censorship. Although the developers are targeting to raise 100 BCH, […]

South Korean Government Blamed For Not Doing Enough To Control Crypto Exchange Hacks

The South Korean government is not doing enough to fight Cryptocurrency exchange hacks in the country according to some critics. Three exchanges that had already gone through the government’s inspection have so far lost almost $1 billion to hackers. Meanwhile, Upbit, one of the largest exchanges in the country has dismissed rumors that its system […]

Japan’s GMO Internet Uses 7nm Rigs to Enhance Its Own Bitcoin Mining

Japan’s Internet giant GMO ventured in bitcoin mining in December last year and has released its mining report. During the mining exercise, the company used the 7nm rigs. GMO’s spokesperson spoke to news.bitcoin.com and provided more details about the project. GMO mins both BTC and BCH GMO has released a report about its mining activity, […]

China’s War On Cryptocurrencies Leads To A Decrease In Bitcoin Trading In The Country’s Currency

  • By Samantha Mitchell
  • July 9, 2018
  • 411 Views
  • 1 Comment
The central bank of China has reported a drop in Bitcoin trading in Renminbi (RMB) to below one percent of the global total. In 2017, the People’s Republic of China banned yuan-Crypto trade. Consequently, many Chinese Crypto businesses, among them some of the world’s top trading platforms ceased their operations in the country. The People’s […]

Volcker Rule Change Good News For Cryptocurrency

The Volcker Rule, introduced by American economist and former Federal Reserve Bank Chairman Paul Volcker has for a long time been standing in the way of bank’s realizing their full potential. This rule made it almost impossible for banks to engage in risky investments using the money that customers had deposited. This rule is highly […]

TedChain: A Decentralized Gaming Ecosystem

What is TedChain? TedChain is a decentralized gaming ecosystem which aims to be like the Google Play Store for decentralized apps (DApps) for gaming. On the TedChain platform, gamers and game developers will be able to connect. This prevents gamers and game developers from having to use many different platforms to connect with one another. […]

Kenya To Decide On The Regulation Of Cryptocurrencies In Two Weeks

Kenya’s Treasury Secretary Henry Rotich has been requested by the parliament to investigate the current use of Cryptocurrencies in the country. The use of Cryptocurrencies has been growing in the East African country despite the lack of regulation. The secretary is expected to table a report in parliament in a few weeks and advice the […]

New Rules For Initial Coin Offering (ICOs) In Thailand

The Thai Securities and Exchange Commission (SEC) has made public the new rules and regulations for initial coin offerings (ICOs) in the country. The new rules are clear on the roles of ICO portals, issuers, and investors. The SEC will have a major role to play before and during the ICO launch in the country. […]

Venezuela’s Oil-Backed Cryptocurrency to be Used in the Construction of Houses

Venezuela’s native news, Telesur has announced that the country’s oil-backed virtual currency, Petro, will be used to finance a housing project. The country’s ministry of habitat and housing has confirmed that the report that the funds will be used in the project named “La Gran Mision Vivienda Venezuela” (GMVV). Petro To Finance A Housing Project […]

Five Nations To Work Together In The Fight Against The Use Of Cryptocurrencies To Evade Tax

Five tax enforcement agencies from five countries have formed a united alliance, the Joint Chiefs of Global Tax Enforcement, “the J5” to fight the transnational tax. The five nations will collaborate in collecting information, sharing intelligence, and carrying out the operations together in an effort to eradicate the vice. J5 On The Hunt For Those […]
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