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World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic


The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...

Relief to Bitcoin Miners as Difficulty Set For Largest Drop in Five Months


Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty. The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down...

7 of the World’s Largest Blockchain-as-a-Service Enterprises


You’ve heard of Software as a Service (Saas), the means by which businesses subscribe to and access cloud-based software. Blockchain-as-a-service (BaaS) is its distributed ledger equivalent. It describes the process by which a third party installs, hosts and maintains blockchain networks...

Nigerians Can Now Buy Bitcoin With Cash From Stores and ATMs That Take Naira


If there’s a place where cryptocurrencies draw significantly more attention than anywhere else right now, it has to be Nigeria. Africa’s largest economy is driven by its oil exports, expanding manufacturing, financial services, communications and information technology sectors, but also...

How Will Bitcoin Cash's Halving Affect the 4th Largest Network?


Bitcoin Cash (BCH), the fourth largest crypto network by market capitalization, is halving in April. Yes, much like its bigger brother, the Bitcoin-forked cryptocurrency will be cutting the block rewards it dispenses to miners by 50%, from BCH 12.5 (USD 4,073) to BCH 6.25. But according to...

XRP Friendly Giant SBI in Deal to Use ‘World’s Largest Bitcon Mine’


Crypto-keen Japanese financial giant SBI has confirmed plans to collaborate with Whinstone, an American company that is currently building what will become the United States’ largest data center – and what its operators claim will be the world’s largest Bitcoin (BTC) mining facility. The deal,...

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