Samsung Invests In French Wallet Company Ledger According to the French business magazine Capital, the Korean tech giant Samsung invested 2.6 million into Ledger. Consequentally, the valuation of Ledger reached above $260 million. Neither Eric Larchevêque, the founder of Ledger, nor Samsung’s management have commented the investment so far. Earlier this week, several crypto news […]
Swiss Company Pays Staff in Bitcoin The Swiss company Netzmedien AG will pay its whole staff in Bitcoin from now on. The staff voted to proceed with Bitcoin payments in a democratic manner and the decision was unanimous. The publishing house maintains the news-site Netzwoche on which they also published the announcement (German) to this […]
Supreme Court of India Gives Government 4-Weeks Deadline to Regulate Cryptocurrencies The Supreme Court of India has given the government and the Reserve Bank of India a deadline to settle regulation on cryptocurrencies. The deadline gives the government four more weeks to decide on regulation. So far, the government had been torn in two different […]
Russian Minister of Justice: No Need to Further Regulate Cryptocurrencies The Russian Minister of Justice, Alexander Konovalov, declared that there is no need to regulate cryptocurrencies as of now. The Russian constitution would provide enough clarity for the moment. It declares that the only legal currency of Russia is the Rubel and that no other […]
Zcash Developers Disclose Major Bug Fix The Zcash team has published a blog post in which they describe the XXX bug in Zcash’s code. The bug posed a major security flaw in Zcash’s network as it could have been exploited to create more coins than intended on the network. The vulnerability existed for years and […]
Coinsquare Hit by Crypto Winter – Next Exchange to Lay Off Its Staff Coinsquare is the most recent exchange that was hit by the crypto winter. The exchange had to layoff 40 of its employees in total which represents a third of Coinsquare’s total staff. Among the laid off employees are also two executives, CFO, […]
By Nominal GDP, the USA is the largest economy in the world as at Q1 2019 with $19.39 trillion. China comes at a distant second with $12.01 trillion. Japan, Germany, and the UK follow with $4.87 trillion, $3.68, and $2.62 trillion respectively according to data from the World Bank. Data from the Standard Chartered Plc., […]
Bitcoin Wallet Samourai Removes Security Features Due to Google Policy Samourai offered its clients security features like SMS commands, stealth mode and SIM switch defense. Unfortunately, these belong to the past for now. As Google enforces its “Walled Garden” strategy. This is a known policy among tech services that streamlines all content, media and operations […]
India: Bitcoin Legislation At Turning Point While Bitcoin trading has been banned in India for most of 2018, the country could have come to a turning point. The government set up committees in Q2 2018 to research whether or not cryptocurrencies should be legitimized or not. The first committee supported the ban and it looked […]
Ohio Citizens Can Pay Their Taxes in Bitcoin in the Near future The Wallstreet Journal reported that citizens of the state will be able to pay their taxes in Bitcoin soon. The government of Ohio contracted Bitpay to handle payments in BTC and to convert them into Dollars in real time. Josh Mandel, the state […]
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