Is America Wary Of China’s Crypto Mining Supremacy?
By Sam Mitchell
China is the undisputed global leader in Cryptocurrency mining especially Bitcoin. This gives the country a significant influence on companies in other countries such as the U.S. given that Bitcoin is the most popular altcoin. President Donald Trump’s government is now concerned and seems to rush to introduce some changes to alter the game. Bitcoin Mining In China When it comes to Bitcoin mining, no other country rivals China, which...
Gemini Successfully Completes Deloitte Audit
By Sam Mitchell
Gemini, the Crypto custodian and exchange has announced the successful completion of the SOC (System and Organization Controls) 2 Type 1 examination conducted by the auditing firm Deloitte. Gemini Successfully Completes The SOC2 Type 1 Examination The Crypto exchange and custodian which was founded by the Winklevoss twins, Cameron and Tyler, announced through a Medium post that the examination was conducted as part of a larger security compliance review being...
What Is Cryptocurrency?
By Sam Mitchell
It’s understandable, not everyone is well conversant with the term cryptocurrency. Especially after the onslaught that has been going on for more than a year now. But we try and dig deeper and try to answer the question in the simplest explanation you can come across in the internet, or anywhere else, so to say. Cryptocurrencies are the money of the future. The additional definition to this is somehow geeky...
US Homeland Security Shows Interest In Blockchain Transactions
By Sam Mitchell
The US Department of Homeland Security has published a pre-solicitation document for the 2019 fiscal year. This has been done through the agency’s secretary Kirstjen Nielsen. There are several issues that have been explained in that 27-page letter document. But the main one is dedicating resources that can be used to analyze the privacy of virtual coins. Blockchain Forensic Tools Needed By Law Enforcement Agencies For The Privacy Coins The...
Crypto Booster
By Sam Mitchell
Are you looking for a way to monetize your blog or website? Crypto Booster affiliate program will enable you to get a 66% commission ($10) the first month for every client you refer and 33% recurring commissions ($5) every month afterward! Now, let us go into details about this excellent product that I believe you will also want to invest in. Investing In Cryptocurrency Cryptocurrencies have been around for about...
Robinhood Receives License To Operate Within New York City
By Sam Mitchell
Robinhood and LibertyX have been officially gained the approval to deal in Virtual currencies within New York City from the NYDFS. Robinhood Crypto Launches in New York City Robinhood, which is a trading platform for stocks, will be expanding its affiliation with digital currencies for the citizens of New York. This feature is however not new to Robinhood users in other parts of the United States, the only difference is...
Modern Terminals Adopts Blockchain For Documents Logistics
By Sam Mitchell
Modern Terminals, a container terminal operator that is currently Hong Kong’s second largest, is the latest entrant into the TradeLens project. The TradeLens project is a technological solution that is supported by Blockchain and has been created by IBM and Maersk. Modern Terminals Joins The TradeLens Project Modern Terminals has stated through its press release that the TradeLens ecosystem is geared towards digitizing and streamlining the processes within the world’s...
Exim Bank To Use Xrp Cryptocurrency In Settling Cross Border Transactions
By Sam Mitchell
Euro Exim Bank is in line to becoming the first bank to officially announce the utilization of the XRP digital currency in facilitating cross-border payments. Euro Exim Bank is based in London and mainly focuses in the provision of financial services to businesses involved in imports and exports. Exim Bank Collaborates with Ripple Ripple made the announcement that Euro Exim Bank will be using XRP for cross border payments on...
Samsung SDS Partners With ABN AMRO And Port Of Rotterdam On Blockchain Pilot
By Sam Mitchell
A press release from Samsung made on the 22nd of October has announced that the tech giant’s IT subsidiary will be partnering with one of the major Dutch Banks, the ABN AMRO, in testing a Blockchain pilot that has been developed for use in the shipping industry. The Merging Of Two Different Blockchain Networks According to the press release made by Samsung SDS, which is the IT and tech arm...
EOS
By Sam Mitchell
EOS is a remarkable digital Blockchain technology that is decentralized from the usual restrictions, red tapes and legalities of other financial institutions. It is designed to offer support to other existing digital platforms by providing all the necessary and required core functions at commercial value. Decentralisation allows EOS to cut on the cost of transactions, speed, and efficiency in which online business transactions are made. The goal of EOS is...
HTC Unveils A Phone Designed For Cryptocurrency Wallets And Blockchain Platforms
By Sam Mitchell
HTC has unveiled its Exodus 1 phone. It is a normal smartphone that has extensional features for a cold Crypto wallet for securing Cryptocurrency private keys. Additionally, the wallet can be used to store other personal data that relates to mining. The phone’s software has been specifically designed to incorporate Blockchain software for mobile-based Cryptocurrency utilization. Hence, Exodus 1 features make it appeal to Cryptocurrency holders and anyone else who...
Reasons Bitcoin Price Is Going Up
By Sam Mitchell
Before we begin exploring possible reasons for bitcoin’s upsurge, we have to acknowledge one factor. Bitcoin has a finite supply. There can only be a supply of 21 million bitcoins ever. It’s a crucial factor in understanding why bitcoin is rising in value today. Now, we can never really know all the factors that contributed to its run-up to now. What we can do is speculate and reflect on the...
Blockchain And Provably Fair Gaming
By Sam Mitchell
Betting sites and online casinos have been on the scene since the mid-90s. The convenience of playing at home, the allure of winning and a degree of privacy have attracted many to these sites as they continue to evolve. But the ride hasn’t been as smooth as you may think. The industry has not been without problems. So far, the randomness of play and perceived fairness have been the most...
Top Crypto Performers Of The Week
By Sam Mitchell
According to Binance research, bitcoin has rallied alongside other crypto assets considered safe havens. Bitcoin is slowly gaining acceptance as a hedge against political issues and monetary easing by banks. Bitwise, in a letter to investors explained that all the attention brought by Libra coin has forwarded the public discourse on crypto by two to three years. But not all the attention has been positive, although the involvement by regulators...
KFC Venezuela To Accept Dash
By Sam Mitchell
From the beginning of this week, KFC in Venezuela will be accepting payments made in Dash. This decision has seen KFC Venezuela become the latest fast-food chain to accept virtual currency in the country, in a growing list that includes Papa John and Subway. Established Businesses Using Dash According to the Forbes report that broke the news, KFC will be making this program accessible to its store based in the...
Facebook Cryptocurrency Is Closer Than Ever
By Sam Mitchell
In case you haven’t heard, Facebook, Signal, Telegram and WhatsApp are indeed working on their own Cryptocurrency. The idea is to allow their users to make payments to each other using the new coins. Of the above messaging giants, Facebook is the furthest in the development path. According to the New York Times, five anonymous sources have confirmed that Facebook is working on a coin that WhatsApp users can use...
Stay Safe From Crypto Hacking
By Sam Mitchell
Crypto hacking is a long-standing problem in the industry. The problem has been a persisting issue since crypto’s inception. And the fact that there are no means of dispute resolution is a huge contributing factor. But that’s not the only reason why crypto hacking still rocks the industry. The lack of laws and regulations in addition to the fact that law enforcement agencies lack adequate knowledge on the subject are...
Bitcoin’s Price Spike Theories
By Sam Mitchell
Bitcoin is now at around $7,500, a steady upsurge from $5,000, the price recorded at the beginning of May. And this is causing a frenzy in the crypto community. Analysts are struggling to find the cause(s) of the sharp upsurge. It however, remains a mystery, the reason for the aggressive appreciation of crypto figures. According to Lukeman Otunuga, a research analyst at FXTM, analysts haven’t found a major news factor...
Blockchain Investors Summit South Korea 2019
By Sam Mitchell
Address: Grand Intercontinental Seoul Parnas. Gangnam-Gu, Seoul, in Samseong-1(il)-dong, 521 Teheran-ro, South Korea. Email: info@gbf.world The Global Blockchain Foundation is set to convene a World Blockchain Summit dubbed as the World Blockchain Summit South Korea 2019. The meeting is taking place between on 30th May 2019 at the Grand Intercontinental Seoul Parnas, in the city of Seoul, South Korea. The DLT focused conference is targeting Crypto investors, corporate Investors, family...
Why Cryptocurrencies Shouldn’t Worry About Facebook Coin
By Sam Mitchell
There has been a bit of distress on social media over the status of the cryptocurrency world the morning after the revealing of the Facebook new coin. Various experts have aired their beliefs on project Libra and how they think it is going to affect cryptocurrencies. Of course, many of them believe that the stablecoin won’t have any effect on the market and won’t near compete with the likes of...
Latest Crypto News
October 14, 2019
Going on 2020, What Crypto And Blockchain Investors Have To Know
The markets have revealed a lot in 2019. We now have to use some of those insights coming into 2020. Considering what happened in 2018, 2019 wasn’t such a bad year per se. We had a bull run during the first half of the year, although the prices stagnated and dropped at some point, it’s […]
October 12, 2019
Find Love on Blockchain
From use cases in energy, finance and insurance industry, blockchain now has a new use case; finding love. Yes, you read it right, blockchain is now a solution to finding your soulmate. If you have tried other technologies like tinder, then you know that not everything is real and the world can be very deceiving. […]
October 10, 2019
Celebrities Totally Into Bitcoin
Bitcoin used to be synonymous with the black market purchase of illegal goods. But now celebrities have joined the crypto craze. We explore some of the celebrities who have joined the crypto bandwagon or shown interest in the new wave of digital money. Kanye West Besides suing a crypto project for trademark infringement, Yeezy himself has […]
