Search
Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm
15.5.2021
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx...
Bitcoin Mining Operation Greenidge Generation Plans to Be Carbon Neutral Next Month
14.5.2021
On Friday, the bitcoin mining operation Greenidge Generation has announced that starting June 1st, the firm will be “carbon neutral” for the rest of 2021 and beyond. Greenidge’s announcement follows the recent statements from Tesla and Square after the companies cited...
Bitcoin Markets Blood Red After Tesla Announcement, Crypto Economy Sheds Billions
13.5.2021
Digital currency markets have seen better days, as billions of dollars were shaved off the entire crypto-economy after Tesla revealed it would not be accepting bitcoin over environmental concerns. The entire market capitalization of all the crypto assets in existence has dipped under the...
Mark Zuckerberg’s Goat, “Bitcoin”, Ignites Conspiracy Theories
11.5.2021
Yesterday, Mark Zuckerberg, founder and CEO of Facebook, revealed he’d named one of his goats “Bitcoin”. This was seemingly an innocent announcement that, nonetheless, got the crypto sphere talking on what deeper meaning this might indicate. While some have rationalized this...
South Korean Police Officers Banned From Buying Cryptocurrency
8.5.2021
A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea...
Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies
8.5.2021
Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public...
Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000
5.5.2021
Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally. US Company Bitcoin Depot Expands ATM Coverage in 40 States Bitcoin Depot, which...
Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin
29.4.2021
The biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin. Properties Listed Don’t Offer Alternative...
Major Venezuelan Aviation Academy Enables Bitcoin Payments as Crypto Adoption Keeps Rising in the Country
28.4.2021
A leading Venezuelan aviation academy announced its inception into cryptocurrency adoption after enabling bitcoin payments. Caracas Air is now accepting crypto payments for those who want to take any of their courses. Academy Started Its Operations in 2015 According to the announcement made by...
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
22.4.2021
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes that the mining units will be dispersed among Mawson’s bitcoin mining operations...
Bank of England and HM Treasury Launch a Central Bank Digital Currency Taskforce
19.4.2021
Her Majesty’s Treasury and the Bank of England have revealed the establishment of a central bank digital currency (CBDC) taskforce. According to the announcement, the group’s purpose aims to explore a potential UK CBDC. UK Entities Invoke a CBDC Taskforce to Explore a Central...
OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread
18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...
Indian crypto users suspect Flipkart's Bitcoin announcement is an April Fools joke
31.3.2021
True or not, the timing of the announcement is suspect given many companies' apparent fondness of pranking customers on April 1
Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
30.3.2021
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency...
Italian Copyright Agency Selects Algorand to Create Over Four Million NFTs to Represent Author Rights
27.3.2021
The non-fungible token fever witnessed over the last few months is catching the copyright management agencies’ attention. One of them, located in Italy, has chosen a blockchain company to create its own NFTs. SIAE Expects to Guarantee Copyright Protection With NFTs for the Next 139 Years...
Livepeer Token Surges After Grayscale Investment Announced Creation of Trust to Invest in LPT
25.3.2021
Following the announcement by Grayscale Investments that it will be offering a trust that invests in Livepeer’s LPT, the token surged from just over $6 on March 17, 2021, to an all-time high (ATH) of $32.35 on March 21. LPT’s Four Day Surge The token’s four-day rally briefly...
Shenzhen-listed ICT Company Plans to Invest $155 Million in Microbt Bitcoin Mining Hardware
20.3.2021
A Shenzhen-listed information and communications technology (ICT) company ZJBC has plans to invest in the bitcoin mining sector according to a recent announcement. ZJBC says that it aims to spend up to $155 million on Microbt manufactured ASIC mining rigs. Chinese ICT Firm ZJBC to Invest $155...
Private Messaging App Signal Now Accepts Donations in Cryptocurrencies
17.3.2021
The nonprofit foundation behind the privacy-driven messaging app Signal is officially joining the cryptocurrency venture. In this case, the Signal Foundation announced it has started accepting crypto donations. Signal Foundation Also Takes Donations in Privacy Coins According to an announcement...
Dogecoin mining announcement crashes streaming company's website
12.3.2021
A massive online traffic surge temporarily overloaded a website back in February after the company announced that it invested in Dogecoin
American Home Warranty Company to Accept Crypto Payments, Plans to Add BTC to Investment Portfolio
11.3.2021
Following in the footsteps of Tesla, the home warranty company American Residential Warranty (ARW) says it will accept cryptocurrency payments for its services. In addition, the company also plans to acquire and hold bitcoin as part of its strategy “to expand its investment portfolio...