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65% of Global Bitcoin Hashrate Concentrated in China


A new bitcoin mining map by the University of Cambridge shows that China accounts for 65% of the world’s hash power. About half of the country’s hash rate is produced in just one place, the autonomous Xinjiang region, which makes up 35.76% of the global total. Launched recently,...

Bankera Launches Bank Account Alternative Focused on Crypto Businesses


Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...

New Wrapped Bitcoin Platform Allows You to Transact in BTC Using Tezos


On April 8, the Bitcoin Association Switzerland (BAS) announced the launch of a new wrapped bitcoin project called Tzbtc. The token will be used on the Tezos network and each token will be backed 1:1 with BTC. The project is now the fourth tokenized project that leverages BTC on another blockchain....

Is Bitcoin Becoming an Alternative For Wall Street Investors?


Following the last few weeks carnage in the financial markets, bitcoin (BTC) may be starting to look like a viable alternative for some of the capital that is leaving Wall Street. A “decoupling” of bitcoin prices from the broader financial system is something many community members have called...

Liquid Gold vs Digital Gold: Why Bitcoin Beats Oil in the Current Climate


Extreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in common. Both markets have been buffeted by the covid-19 economic downturn, but while bitcoin has stabilized, oil keeps plummeting. What...

Bitcoin-powered Alternative to Five Peso Note Issued in Argentina


Argentina has phased out its popular five peso note – but a cryptocurrency company has issued something of a digital replacement – in the form of a commemorative coin with a value redeemable in bitcoin (BTC). Per TyN Magazine, the five peso bill featured a portrait of the 19th-century historical...

Stablecoins: A Viable Alternative to Cryptocurrencies


One of the fundamental problems with cryptocurrencies, which is keeping masses from adopting them is the turbulence or fluctuation in their prices. The value of digital coins keeps on changing, which makes them less attractive avenue for investment – after all, people are not sure whether they will...

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