Search by "cryptocurrency" tag
Miners Are No Longer Welcome in Quebec

Miners Are No Longer Welcome in Quebec

Earlier this year Canadian province Quebec turned out to be very attractive for miners due to its relatively cheap hydroelectric power. Yet from now Quebec is increasing costs, according to a moratorium issued today, June 8 read more

Crypto Will Not Replace Fiat But It's All Good

Crypto Will Not Replace Fiat But It's All Good

The CEO of Russia’s state bank Sberbank Herman Gref doesn’t expect cryptocurrency to replace fiat currency anytime soon nor in the future, according to the interview at the Astana Finance Days international conference in the Kazakhstan capital July 4. Grew cannot yet imagine governments “yielding their centralized role” in currency emission. read more

Andy Warhol's Painting On A Crypto Auction

Andy Warhol's Painting On A Crypto Auction

The world’s first cryptocurrency auction will be held by Blockchain platform Maecenas at a fine art gallery Dadiani Syndicate in the UK on June 20. The platform creates tamper-proof digital certificates linked to works of art on the blockchain, and this lot is one of them: a painting by Andy Warhol from 1980 Reversal series. Buyers can obtain 49% ownership using ART token, BTC or ETH. 

The painting “14 Small Electric Chairs” by Warhol is worth $5.6 million.

The First Blockchain-Based Vote Occurs In Zug, Switzerland

The First Blockchain-Based Vote Occurs In Zug, Switzerland

The city of Zug in Switzerland is about to try out a blockchain-powered municipal vote at the end of this June. The upcoming event will implement the city’s digital ID (eID) system launched in November 2017. Using the new system, citizens get the chance to vote via their mobile devices, yet results of the vote won’t be counted since this is a trial. Crypto Valley in Zug became an international hub for the crypto and blockchain community, and today Switzerland is considered to be one of the blockchain-friendliest countries.

Opera Software Is Launching a New Browser with a Built-In Crypto Wallet

Opera Software Is Launching a New Browser with a Built-In Crypto Wallet

Opera began to test a mobile browser with a built-in crypto wallet, thus becoming the first major browser creator to facilitate crypto trading. As the makers say, it is going to be a new version of the familiar Opera browser for Android that contains an easy in use crypto wallet functionality supporting Web3 API. The project is now in private beta available for users to join. This simply means that users no longer need to install any services to send and receive crypto money – the wallet is already there for them. 

"We believe the web of today will be the interface to the decentralized web of tomorrow…By becoming the first major browser to open up to Web 3.0, we would like to contribute to making the internet of the future more accessible,” Charles Hamel, the product lead on Opera Crypto, explained.

Iran Issues Its Cryptocurrency to Bypass the U.S. Sanctions

Iran Issues Its Cryptocurrency to Bypass the U.S. Sanctions

Iran is going to issue its own cryptocurrency as way to sidestep new sanctions enacted by U.S. President Donald Trump.

Preparing the Grounds to Adopt Blockchain Technology

The U.S. announced its withdrawal from a 2015 atomic agreement with Iran in May reactivating economic sanctions that will forbid Iran's access to U.S. dollars next month.

The plan to build up an "indigenous" digital money is on the agenda of the government’s Science and Technology Department, as indicated by Iran's official news outlet PressTV. "We are trying to prepare the grounds to use a domestic digital currency in the country,"  Alireza Daliri, the department’s representative head in charge of investments, was cited as saying in the report. read more

80 Percent of Initial Coin Offerings in 2017 Were Scams

80 Percent of Initial Coin Offerings in 2017 Were Scams

A research made by ICO advisory firm Statis Group discovered that more than 80% of initial coin offerings (ICOs) in 2017 were scams. The study considered their lifecycle from the very beginning to the maturest phase of trading.   

“Over 70 percent of ICO funding (by $ volume) to-date went to higher quality projects, although over 80 percent of projects (by # share) were identified as scams,” the study says. Furthermore, 4% of ICOs failed, and 3% had gone dead. By “dead” the researchers imply ICOs that are “not listed on exchanges for trading and has not had a code contribution in Github on a rolling three-month basis from that point in time.” read more

Have You Heard of Bitcoin? Research by IMG

Have You Heard of Bitcoin? Research by IMG

As blockchain-based technologies are being developed at a faster pace every day, the popularity of cryptocurrency grows in a geometric progression. ING International Survey prepared a research named “Cracking the code on cryptocurrency”, in which examines people’s engagement in the crypto industry. They carried out a survey across Europe, the United States, and Australia, and here are the results: read more

Ruling Party of India Accused of Money Laundering

Ruling Party of India Accused of Money Laundering

The ruling Indian political party Bharatiya Janta Party (BJP) is being accused of money laundering through Bitcoin by another, The Indian National Congress (INC) party, the largest one in the country. Congress Party claims that the BJP is converting “black money” in the Western state of Gujarat. INC spokesperson Shaktisinh Gohil stated that the accused party’s leadership was involved in a bitcoin scam which is worth between $727 million and $12.79 billion. read more

The Bank of Thailand Issuing Its Domestic Cryptocurrency

The Bank of Thailand Issuing Its Domestic Cryptocurrency

Bank of Thailand (BoT) governor Veerathai Santiprabhob brought the project up at Nomura Investment Forum Asia (NIFA) in Singapore. Creating a central bank-issued digital currency (CBDC) for internal use is a “new way of conducting interbank settlement”, says Santiprabhob. It is expected to help decrease the time spent on transaction and validation and expenses since fewer intermediaries will be needed read more

Cryptocurrency Miners and Owners Will Be Taxed In Accordance with Existent Schemes

Cryptocurrency Miners and Owners Will Be Taxed In Accordance with Existent Schemes

Cryptocurrency miners and owners in Russia will be regulated under the Internal Revenue Code, as the Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told the local news media Izvestia July 18. Individuals and legal entities will be taxed separately but in accordance to the existent Tax Code of Russia. Thus, physical people will be regulated under the conditions of the personal income tax, while entities – conforming to their form of business. Aksakov mentioned that in the future specific taxation schemes may appear if the government wishes so, but for now, no new laws will be introduced. Lawmakers are planning on passing the bill on cryptocurrency mining and holding during the Autumn session of the Duma. read more

The Fault In Our Futures – Bitcoin Drops 20%

The Fault In Our Futures – Bitcoin Drops 20%

 Thomas Lee, head of research at Fundstrat Global Advisors and one of the most influential crypto analysts named the probable cause for the recent weakness in Bitcoin. According to Lee, the expiration of cryptocurrency linked futures affected the coin which consequently dropped 20% last week. 

Since the launch of CME futures on CBOE, 6 contract expirations have occurred, and the last one – on June 13 – took place in the period of all cryptocurrencies’ particular instability. That day Bitcoin was worth $300 less – it fell from $6,600 to $6,300. read more

Intuit Develops a Method to Send Bitcoin Via Text Messages

Intuit Develops a Method to Send Bitcoin Via Text Messages

Business and financial software developer from California Intuit has been granted a patent for processing bitcoin installments via text message.

Published by the U.S Patent and Trademark Office (USPTO) on Tuesday, the patent details how a network of virtual accounts could empower two users to transfer funds utilizing their phones. The patent was filed in 2014, not long after the company had launched its QuickBooks Bitcoin Payments service that allowed small businesses to accept bitcoin instead of fiat currency.

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The Enigmatic Creator of Bitcoin Issuing a Book

The Enigmatic Creator of Bitcoin Issuing a Book

The post on nakamotofamilyfoundation.org introduces an excerpt of the book apparently written by Satoshi Nakamoto, the creator of the first and still biggest cryptocurrency – Bitcoin. 

Up to this day the crypto community isn’t aware of Satoshi’s actual origin, name, nor if it’s a single person or a group of people. Yet the post clarifies that the pseudonym “…is not a real name. Specifically, not a legal name. It is primarily the essence of thoughts and reason.” read more

Obscure Cryptocurrencies Lack Attention from the U.S. Government, – R. Novy Says

Obscure Cryptocurrencies Lack Attention from the U.S. Government, – R. Novy Says

A U.S. Secret Service official called Congress on to consider potential legislative action towards cryptocurrencies that boast privacy-enhancing features.

Before the U.S. House of Representatives Committee on Financial Services, Robert Novy claimed that cryptocurrencies and services intended to obscure transactions require a particular attention from the government. But, no active measurements are expected anytime soon. 

"As such, continued Congressional attention is warranted to ensure law enforcement agencies maintain lawful access to critical sources of evidence, regardless of where, or in what form, that information is stored," Novy stated.

Mobile App Kik Rolls Out Its Cryptocurrency

Mobile App Kik Rolls Out Its Cryptocurrency

Chat app Kik encourages its users to earn and spend kin – the app’s domestic cryptocurrency after the launch of “crypto-economy” announced Wednesday. Users are able to get kin tokens in the Kin Marketplace Beta by completing polls, quizzes and creating tutorials. Tokens can be spent to purchase premium tools inside the app. read more

3 Bitcoin Mining Companies Appear on the Unicorn List

3 Bitcoin Mining Companies Appear on the Unicorn List

For the first time, bitcoin mining projects have been added to the list of “unicorns” – a rating of privately owned companies valued over $1 billion.

Climbing up to the Top 

Hurun Research Institute based in Shanghai published a report featuring 3 Chinese cryptocurrency companies: Bitmain is ranked 13th on the list since its value reached as much as 70 billion yuan (approximately $10.3 billion). Two other firms to be listed are Canaan Creative valued at $3 billion and Ebang worth circa $1.5 billion, which are at the 32nd and 53rd positions respectively. 

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South Korea Is About to Present New Regulations

South Korea Is About to Present New Regulations

South Korea’s legislature is developing new rules on cryptocurrency, Initial Coin Offerings (ICOs) and Blockchain technology. Lawmakers will introduce drafts of the bills at an extraordinary session of the National Assembly between July 12 and 26. 

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Moving to a Central Bank-Issued Cryptocurrency Is Profitable for Canada and the U.S.

Moving to a Central Bank-Issued Cryptocurrency Is Profitable for Canada and the U.S.

Central bank-issued cryptocurrency might be financially beneficial for Canada and the U.S., as indicated by a central bank analyst.

What Do Numbers Say?

In a working paper published July 26, the Bank of Canada's S. Mohammad R. Davoodalhosseini states that presenting a central bank digital currency (CBDC) "can lead to an increase of up to 0.64 percent in consumption for Canada and up to 1.6 percent for the US, compared with their respective economies if only cash is used." read more

1 Million Computers Taken over by Hackers

1 Million Computers Taken over by Hackers

A cryptocurrency mining malware had operated for 2 years not being noticed until now. The virus infected over a million computers in China and brought $2 million to its creators, according to a local news report

Cybercriminals created and embedded the malware inside internet browser plug-ins they had previously developed for diverse purposes. The police of China’s Da Lan city arrested 20 suspects who had profited from mining on a large number of seized computers. Since minor cryptocurrencies require less power, the backend mining processes are quieter and are yet to be noticed by computer owners, which explains the longlasting crime's stealthiness. 

Utopian Ideas – Or Not So Much? Cryptocurrency's Feature that We All Misunderstood

Utopian Ideas – Or Not So Much? Cryptocurrency's Feature that We All Misunderstood

This morning, bypassing the dull routine, I had directly dived into the seething pool of unhackneyed minds’ outgivings on Medium and ran into an article that seized my attention: "Why Everyone Missed the Most Mind-Blowing Feature of Cryptocurrency." I ingested the text for breakfast and by the lunchtime had already formed my response. So, what does the author consider the most mind-blowing feature of cryptocurrency? I wish he let us know the answer somewhere at the beginning of the 16-minute long read, but alas. And I won’t be indulgent either. read more

Mastercard Has Increased Cryptocurrency Transactions Speed

Mastercard Has Increased Cryptocurrency Transactions Speed

A high-end global payments giant Mastercard has won a U.S. patent for accelerating cryptocurrency transactions, according to the document published on Tuesday, July 17, by the U.S. Patent and Trademark Office (USPTO). The new public blockchain-based method will allow clients to manage “fractional reserves of blockchain currency”, thus associating fiat assets and blockchain money. Up to that moment, cardholders could only pay for things using legal tender – a currency recognized as official money by the government. Mastercard proposed to make purchases using bitcoin stored on a credit card. read more

Rivemont Crypto Fund Holds Its Assets in Cash

Rivemont Crypto Fund Holds Its Assets in Cash

Rivemont Crypto Fund, a Canadian company owned by Rivemont Investments, keeps approximately 91% of its assets – $2.3 million – in fiat currency, and only the insignificant rest in Bitcoin.

Rivemont Putting an Eye on the Altcoins

Rivemont Investments offers investment strategies basing on the market’s volatility. Its subsidiary Rivemont Crypto Fund, established in December 2017, is the only active cryptocurrency fund in Canada, according to the official data. The fund trades Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH), and Ethereum Classic (ETC), and is registered in 3 provinces with the Ontario Securities Commission, the Alberta Securities Commission, and the British Columbia Securities Commission.  Rivemont Crypto Fund is considering investments in Initial Coin Offerings (ICOs) and alternative coins such as Neo and Dash.

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South Korea Investigates Crypto Scam that Promised Investors Doubtful Treasures

South Korea Investigates Crypto Scam that Promised Investors Doubtful Treasures

Authorities of South Korea has begun an investigation of a conceivable crypto investment scam. The key figure involved in the scam is the Seoul-based Shinil Group, as Korea JoongAng Daily revealed July 31. Shinil Group (Shinil) allegedly guaranteed to pay investors in gold lifted from a sunken Russian ship. read more

The First Oil-Backed Cryptocurrency El Petro Is Officially Available Now

The First Oil-Backed Cryptocurrency El Petro Is Officially Available Now

Nicolás Maduro, the president of Venezuela announced the National Cryptoactive Plan of Venezuela for the next 10 years which is also an official launch of the national oil-backed cryptocurrency El Petro (PTR). 

Be My Petro

He encouraged Venezuelans to buy and use El Petro. For that reason, an official Petro website has been already launched as well as Petro Wallet that is now available on Google Play. 

The president stated that the national cryptocurrency is now available on the six largest and the most popular crypto exchanges. Yet the public sale of the cryptocurrency starts November, 5.

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Sorry, No Frappuccinos: Starbucks Will Not Be Accepting Crypto

Sorry, No Frappuccinos: Starbucks Will Not Be Accepting Crypto

Apologizing, Starbucks has cleared up that it won't be accepting Bitcoin (BTC) or any other digital money, disproving the deceiving reports published by Bloomberg and CNBC.

Headlines Leading to Confusion

August 3, the Intercontinental Exchange (ICE) operating New York Stock Exchange (NYSE) reported its plans to build a new “global platform and ecosystem for digital assets” called "Bakkt," together with global companies including Starbucks, BCG and Microsoft. read more

The Philippines Has Developed New Regulations Concerning Initial Coin Offerings

The Philippines Has Developed New Regulations Concerning Initial Coin Offerings

The Philippines is about to present new regulations allowing startups to legitimately raise funds through initial coin offerings (ICOs).

All Tokens Are Securities Expect When They Are Not

Before the regulations go into effect, the country’s Securities and Exchange Commission (SEC) is waiting for the people’s feedback concerning the draft rules published on Thursday, August 2nd. read more

China’s Top University Has Developed a Decentralized Network to Trade Energy

China’s Top University Has Developed a Decentralized Network to Trade Energy

Researchers from one of the major universities in China reportedly have built up a decentralized exchange, not for crypto assets but rather for unused power.

Enabling Users to Trade Energy

In January, a group from China's Fudan University has filed a patent application, which was released last Friday, August 3. The document introduces the workings of an electricity exchange based on blockchain, that will assign power sellers and purchasers as nodes on the network and enable them to safely trade unused power without middlemen.

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Goldman Sachs Postpones the Launch of Crypto Trading Desk

Goldman Sachs Postpones the Launch of Crypto Trading Desk

Goldman Sachs Group Inc. is pausing its intention to open a cryptocurrency exchanging desk, as Business Insider reported September 5. 

Vague Regulation Environment to Pause the Project 

In December, Bloomberg announced the bank’s plan to launch a crypto-centered unit by the end of June 2018. Sources claimed that Goldman Sachs was willing to become "the first large Wall Street firm to make markets in cryptocurrencies."

However, since the regulatory policy remains rather vague, the bank has brought down the priority of the project. It might take some time before a regulated bank could exchange digital assets, claim the sources. 

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Bitcoin Reaches $24,000 in Iran After Officials Recognise Crypto Mining Legal

Bitcoin Reaches $24,000 in Iran After Officials Recognise Crypto Mining Legal


Iran has recognized crypto mining as a legal activity, making steps toward issuing its own cryptocurrency; the news prompted a rapid rise in Bitcoin’s price on local exchanges. 

Cryptocurrency Mining Is a Lawful Activity

As indicated by a local media outlet IBENA associated to the Central Bank of Iran, Abolhassan Firouzabadi, the Secretary of Iran's Supreme Council of Cyberspace said that digital money mining "has been accepted as an industry in the government." 

Even though a final policy legislating for mining hasn’t been presented yet, the Ministry of Communications and Information Technology (ICT), the Central Bank and the Ministry of Economic Affairs and Finance has come to consensus. 

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A “Global Sandbox” for Financial Technologies

A “Global Sandbox” for Financial Technologies

Various financial regulators from over the globe are teaming up to facilitate the development of financial technologies including those of distributed ledger – such as blockchain.

The Creation of a “Global Sandbox”

The Global Financial Innovation Network (GFIN) unites regulators from Hong Kong, the U.S., Australia, Abu Dhabi and 7 other members, as the U.K.’s Financial Conduct Authority (FCA) announced.

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Researchers Detected a Cryptocurrency Scam on Twitter

Researchers Detected a Cryptocurrency Scam on Twitter

Analysts have uncovered a gigantic botnet that imitates existing legitimate accounts on Twitter to spread a cryptocurrency "giveaway" scam.

Tricky Cryptocurrency Giveaway

 According to ITPro, the scam was discovered by Duo Security that took 88 million Twitter accounts from May to July into consideration utilizing machine learning to detect bots. The group ran into a single network consisting of over 15,000 bots that spread cryptocurrency giveaway.

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Opera Browser Presents Its Built-in Crypto Wallet to Desktop Users

Opera Browser Presents Its Built-in Crypto Wallet to Desktop Users

Opera Ltd, the Norway-based company running the browser used by 322 million people, introduced a desktop version with a built-in crypto wallet.

Going Further With Crypto Integration

Last month, CoinTrend announced the launch of Opera browser for Android with a cryptocurrency wallet in it. The company received a positive reaction from the public and decided to roll out a desktop browser open for crypto.

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Honeyminer Making Crypto Mining Easy

Honeyminer Making Crypto Mining Easy

Honeyminer, a crypto mining application that gives clients the chance to earn bitcoin with laptops, is quickly gaining popularity.

Rapid Success

The app was launched in June, and its client base has reached 50,000 since then. A third of the new users are located in developing markets, and 5 percent hail from Africa, according to the company.

"We've stumbled into something that was far bigger and more international than we imagined." Honeyminer co-founder stated.

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Three Chinese Hackers Accused of Stealing $87 Million in Crypto

Three Chinese Hackers Accused of Stealing $87 Million in Crypto

Chinese police have captured 3 people who had reportedly stolen bitcoins and other digital currencies worth approximately $87 million.

Tracking Down the Suspects

Chinese media Xinhua reported that the three were arrested on August 15 after a months-long investigation.

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Tech Giants WeChat and AliPay Against Crypto

Tech Giants WeChat and AliPay Against Crypto

Сhinese regulators are fighting against announcements anyhow related to cryptocurrency, and giant mobile payment platforms WeChat Pay and Alipay declare to be collaborating with the government in the fight.

Taking Drastic Measures 

Five regulatory organizations in China, including the People's Bank of China and the Banking Regulatory Commission, warned against any digital currency-related fundraising and exchanging operations. 

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Fidelity Investments to Work With Digital Assets

Fidelity Investments to Work With Digital Assets

One of the largest corporation for asset managing in the world, Fidelity Investment, decided to step out the fear and step in the future of the crypto industry.

The corporation is going to provide security and storage services, trade execution and customer service for digital asset.

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North Korea is Going to Use Cryptocurrency to Evade U.S. Sanctions

North Korea is Going to Use Cryptocurrency to Evade U.S. Sanctions

Lourdes Miranda, a financial crimes investigator, and Ross Delston, Certified Anti-Money Laundering Specialist (CAMS), said that Pyongyang is about to create its own cryptocurrency. They added that North Korea is using cryptocurrency like bitcoin (BTC), not just for mining but money laundering. 

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Durov’s TON Coin to Be in the Spotlight in 2018

Durov’s TON Coin to Be in the Spotlight in 2018

The Durov brothers, creators of social network VK and Telegram messenger, claim that the issuance of their cryptocurrency – TON – is going to be a major event in the crypto world in 2019. 

What Do We Know About TON 

The new cryptocurrency will be tested and audited in the next quarter, and by the end of the year, the system’s wallet will begin its operation. The coin will be available in the very beginning of the next year. TON is a name for both token and the network, but later, after the token issuance, the coin will be renamed Gram. 

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Prime Minister of Malta: Cryptocurrency Is the “Future of Money”

Prime Minister of Malta: Cryptocurrency Is the “Future of Money”

Prime minister of Malta, Joseph Muscat, has expressed his positive view on the potential of cryptocurrency and the blockchain technology at the 73rd Session of the General Assembly of the U.N. 

There’s No Escape from Cryptos 

In his speech on September 27, Muscat stressed cryptocurrency’s importance for the financial industry:

"Blockchain makes cryptocurrencies the inevitable future of money, more transparent since it helps filter good businesses from bad businesses."

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U.K. Crypto Exchange to Issue a New GBP-Pegged Stablecoin

U.K. Crypto Exchange to Issue a New GBP-Pegged Stablecoin

The London Block Exchange opened last November is going to launch a new pound-pegged cryptocurrency LBXPeg in 10 days. According to the official statement, the new cryptocurrency (aka “cryptopound”) “will be tied to the value of pound sterling (‘GBP’) held in an auditable UK bank account on a 1:1 basis.”. LBXPeg is going to be provided by the Ethereum blockchain, later The LBX will be using other platforms if their compliance controls can be maintained.

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Japanese Cryptocurrency Industry Group to Strict the Rules on Digital Assets Management

Japanese Cryptocurrency Industry Group to Strict the Rules on Digital Assets Management

Japan’s self-regulating body for cryptocurrency operators is going to tighten the rules on the management of customer’s assets after another hacking incident this September. JVCEA is planning to limit the number of digital currencies that a user can manage online. According to The Japan’s Times, “the ceiling is likely to be around 10 to 20 percent of customer deposits.”

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Venezuela Issues Passports For National Cryptocurrency

Venezuela Issues Passports For National Cryptocurrency

El pasaporte for El Petro (PTR): people of Venezuela must pay passport fees only with national cryptocurrency El Petro. 

The Vice President of the Republic, Delcy Rodríguez, reported October 5th that the passport fee would be 2 PTR and the extension – 1 PTR.

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Bitfinex Holding the Line to Defend Against Rumors

Bitfinex Holding the Line to Defend Against Rumors

Cryptocurrency exchange Bitfinex has been accused of being insolvent in a series of articles on Medium. In Sunday’s blog post, the company denied the rumors by providing counter-arguments.   

It’s All Good

Bitfinex stated that it is not insolvent, and “as one of only a very few exchanges operating since 2013, with a small team and low operating costs,” they do not understand the accusation, which, in their opinion, is unfounded. 

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The Upcoming Summer Olympic Games in Tokyo 2020 Would Be Rippled

The Upcoming Summer Olympic Games in Tokyo 2020 Would Be Rippled

A user has started a petition to make cryptocurrency Ripple (XRP) an official currency of the Olympic Games in 2020 and got almost 10,000 signatures. 

Connecting People

Ken Takahashi, a creator of the petition, is going to propose to National Olympic Committee to make Ripple as a currency of the Olympics. Takahashi thinks that it is a perfect solution of the language barrier, long queues and other issues that always strike worldwide events. 

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BTCC Expands the Boundaries

BTCC Expands the Boundaries

BTCChina is a famous crypto exchange with a long history. Once opened in 2011, it was shut down in 2017 after the Chinese government had banned any Initial Coin Offerings (ICOs) and crypto trading. 

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India Could Launch National Cryptocurrency

India Could Launch National Cryptocurrency

India might launch its own government-backed cryptocurrency that would make the crypto-situation difficult for any other altcoins.

Inside 

The finance ministry panel was established in December 2017 to regulate cryptocurrency. The plan that regulates the crypto industry in India had to be presented in July but was deferred to the end of the year. 

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Yen-pegged Cryptocurrency Will Be Released in 2019

Yen-pegged Cryptocurrency Will Be Released in 2019

The popularity of stablecoins is growing day by day. We’ve already informed you about the launch of pound-pegged coin LBXPeg, and here goes Japan.

GMO Internet, Inc. develops Internet infrastructure. The corporation started cryptocurrency exchange business in May 2017 and mining business later in December 

The company is listed as #1 at Tokyo Stock Exchange. GMO Japanese Yen (GJY) will be available in the market in 2019.

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Physical Bitcoin Is a Reality Now

Physical Bitcoin Is a Reality Now

The inventor and chief of Tangem startup Andrew Pantyukhin explained how you can carry your Bitcoins (BTC) and any other cryptocurrency with you everywhere. Literally. 

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Fake Website Used New Zealand’s Prime Minister to Promote Crypto Startup

Fake Website Used New Zealand’s Prime Minister to Promote Crypto Startup

A website spreading fake news has used images of Jacinda Ardern – New Zealand Prime Minister – to promote a crypto startup. 

According to the local media outlet Stuff, a number of sponsored publications popped up on Facebook on Friday, October 12. “New Investment Plan for Kiwis” – one of the headlines would read. The posts were targeted at the audience aged between 30 and 45. 

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Blockchain Expansion: India Tries to Push Blockchain in Government

Blockchain Expansion: India Tries to Push Blockchain in Government

Indian authorities form a committee to attract the government to the blockchain technology.

As we reported in July, an Indian state Telangana had already known how to use blockchain in the political sphere. Now, it is a formed committee which is going to explain the rest of the government the importance and necessity of the technology.

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Binance Has Opened Fiat-to-Crypto Exchange in Africa

Binance Has Opened Fiat-to-Crypto Exchange in Africa

The largest cryptocurrency exchange Binance is opening a branch in Uganda this week, as was announced on the official website today, October 15.

Maintaining the Economy

According to the release, the exchange in Uganda has already begun the know-your-customer (KYC) procedures, and will start accepting deposits and withdrawals of the local currency, Ugandan shillings (UGX), in two days. Initially, the branch will support only Bitcoin (BTC) and Ethereum (ETH), but other currency pairs will be added in time. 

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Bitcoin Rose Above $6,900 in Two Weeks

Bitcoin Rose Above $6,900 in Two Weeks

Drop It Like It’s Hot

Monday morning saw an extreme rise of the largest cryptocurrency by the market capitalization Bitcoin (BTC). The price for 1BTC reached over $7200 on Bitfinex exchange.  

At the press time, the price of BTC is slightly dropped. The current BTC market price is $6925 (according to bitfinex.com). 

Recent news around BTC confused Twitter users as they asked to explain what had happened to Bitcoin:




China Searches Experts to Issue State-Pegged Cryptocurrency

China Searches Experts to Issue State-Pegged Cryptocurrency

It seems to be a trend of launching a state-pegged cryptocurrency in the world. We’ve already reported about intentions of Iran, the U.K., India, and Japan to introduce government-backed cryptocurrencies. Well, China decided to follow this path as well. 

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Coinbase Goes to Ireland

Coinbase Goes to Ireland

Coinbase Vice president of operations and technology, Tina Bhatnagar, announced the launch of a new office in the capital of Ireland. The reason is an increased number of European users. 

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