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Traders Bemoan New Localbitcoins Identity Requirements


Recent data shows that countries with corrupt governments have a strong correlation with Localbitcoins trade volumes. However, even though the over-the-counter (OTC) marketplace Localbitcoins has grown massive over the years, traders are complaining about heightened know-your-customer/anti-money...

Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin


Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central...

Bitmain to Launch the World Digital Mining Map This October


During the World Digital Mining Summit (WDMS) - which will take place in Frankfurt on 8-10 October - Bitmain will launch the first platform to connect mining hardware owners with mining farm owners via the World Digital Mining Map (WDMM). The post Bitmain to Launch the World Digital Mining Map This...

Without Disobedience, Bitcoin Is No Better Than Gold


With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...

Bitcoin Cash City Conference Success Wrap-Up


So many firsts from the Bitcoin Cash City Conference – what a huge success and a proud feather in the cap of North Queensland. As the largest cryptocurrency conference ever held in Australia, Townsville situated in sunny North Queensland worked its magic, fielding a beautiful setting, turned...

Emsisoft launches Fix for WannaCryFake Bitcoin Ransomware


Emsisoft, the IT firm recently released a fix for the bug that is hovering in the WannaCryFake, the bitcoin-ransoming malware. WannaCryFake is another version of the popular WannaCry ransomware which targeted the computers from Microsoft in 2017. It works by either encrypting the victims’ data with...

Fold Unveils New Application with Sats-Back Program on Fiat Purchases


Fold application, a mobile application for shopping which lets users shop at their favorite retailers via the Lightning Network has announced the launch of its new application on September 25, 2019, via a Medium blog post. The blog post, penned by the company’s CEO Will Reeves, reveals that the...

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit


The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

Latin American Payment App Mercado Pago Can Be Topped-Up With Crypto


The Atlanta-based blockchain payment provider Bitpay has announced the firm has partnered with Mercado Livre, one of the largest ecommerce providers in Latin America. The collaboration provides people with the ability to purchase Mercado Livre gift cards with cryptocurrencies such as bitcoin cash...

Tauros Would be Accepting Crypto Payments via Debit Cards


The banking company, Tauros claimed that they would accept payments from their customers in cryptocurrencies if, the customers use their debit cards. The banking firm announced that their new digital accounts would let customers deposit money via tokens like Bitcoin and will also accept fiats....

Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption


Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...

Bitcoin (BTC) Continues to Struggle; Falls to $8,300 Now


Bitcoin loses 4.34% to be placed near 8,300 USD. The next support may come at 8,293 USD. Bitcoin continued to struggle in a queue for the second day. Over the last 24 hours, it has been down by 4.34%, and the BTC price has now fallen to 8300 USD price range. Yesterday, the coin touched … The...

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong


People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...

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