Polychain & Binance Funding A Malta-Based Crypto-Friendly Bank
By Sam Mitchell
Cryptocurrency giants, Polychain and Binance are now funding a crypto-friendly bank that is based in Malta. The bank is known as Founders Bank and is supposed to kick operations in 2020. Brain Behind This Initiative Paula Pandolfino may appear to some people as a walking contradiction. This is due to the fact that she is both a banker and a Bitcoin enthusiast. The Malta-native was personally involved in BTC investment...
Crypto Investors: Are You Laundering Money?
By Jason Bloomberg
As the crypto world tries to go legit, various exchanges and other feeders from the bottom to the top of the crypto food chain are implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) technologies. If you think of yourself as a criminal, then you probably realize the glory days of crypto may be past. But what if you don’t? Will you run afoul of KYC or AML? First of...
European Commission Boss Acknowledges Bitcoin Friendly Micronation
By Sam Mitchell
As 2019 fairs along, the Liberland sovereign state has continued to bring in more headway. It has continued to receive recognition from various top leaders at the European Union. There are also a host of members of parliament that have also recognized the micronation. The micronation had earlier claimed the parcel of land between Serbia and Croatia. On the 31st of January 2019, the president of the European Union validated...
XRP Was Worst Performing Top-10 Crypto in H1 – But BNB Shone
By Umberto Papa
The first half of 2019 brought goods times for cryptos in general, and particularly Binance coin. XRP, though, eked out relatively meager gains. The third largest cryptocurrency by market capitalization closed at $0.396411 on June 30, representing 12.45 percent gains on the 2019 opening price of $0.352512 seen on Jan. 1, according to data source CoinMarketCap. While not terrible by any normal standards, the double-digit price gain pales in comparison...
Rare Cryptos You Should Ponder
By Sam Mitchell
It is estimated that there are over 1600 cryptocurrencies on the market today. Not all stand the test of time and instability being currently experienced in the market. Many of these projects have come crumbling down especially after the bearish run of 2018. One of the other reasons why new crypto projects crumble down in their early stages is people’s perception of altcoins. People perceive the dominant cryptos as the...
A Venezuelan Worker To Be Compensated In National Cryptocurrency
By Sam Mitchell
A Venezuelan worker who was injured in her work will be compensated in Petros or the equivalent, the Supreme Tribunal of Justice, the country’s highest court has ruled. The recent ruling is an indicator that the country's Supreme Court recognizes the national Cryptocurrency as a legal. The oil-rich country has launched a Petro saving program for the local population. Venezuelan Supreme Court's Petro Payment Order On Friday, local media reported...
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...
Danish Cryptocurrency Traders To Pay Taxes
By Sam Mitchell
Danish tax authorities are planning to collect information about the country's Crypto traders in the country and beyond. Local exchanges are expected to play a major role in providing the identities of their customers to help the authorities to achieve their goal. Other countries also stand to benefit, as they will get important information about the Crypto activities of their nationals. Target Agency Targets Three Exchanges In Denmark Skatterådet, the...
India’s Crypto Regulatory Framework Finalization Almost Complete
By Sam Mitchell
Just a couple of months ago, the government of India prepared a regulatory framework for the cryptos. The preparation of the report was initiated by an inter-ministerial committee. The latest news from the government is that the crypto regulation report is being finalized. A local news outlet had earlier filed a Right to Information. Therefore, this acted as a response. The Finalizing Stages Of The Report For quite some time...
Major BTC Mining Facility Now Operating In Canada
By Sam Mitchell
Whereas there are certain cryptocurrency users who are still worried about the bear market, DMG Blockchain Solutions, a major Bitcoin mining facility in Canada has officially started its operations as earlier announced. Signs Of No Bear Market Barely three months after the announcement was made, DMG Blockchain Solutions, a BTC mining facility that was announced in July has now gone live in Canada’s British Columbia. Even though the full capacity...
CryptoProfile
By Sam Mitchell
CryptoProfile is one of the top ranking blockchain marketing organization that is focused on creating a consolidated airdrop platform for the Initial Coin Offering market. The main aim of the platform is to link ICOs projects with a huge number of crypto traders, with various services that would improve the marketing campaigns. The platform would be involved in four main areas, namely Bounties, Airdrops, Education, as well as the opportunities...
A Decade Since The Bitcoin Genesis Block – What To Look Forward To In 2019
By Sam Mitchell
Today marks a decade since the first bitcoin block was mined. This was the currency’s first transaction. The reward for mining was 50 BTC which at the time was virtually worthless. A time like this last year, it would be worth close to a million dollars. Today, its equivalent to over $190,000. I’d still take it. The yearlong bear market is to blame for the fallen prices of bitcoin; coming...
Sony Unveils Crypto Hardware Wallet
By Sam Mitchell
An electronics giant has announced the development of a multi-purpose Crypto hardware wallet that it says will help Crypto owners store their digital assets more securely. Furthermore, the technology may be soon coming to a store easily accessible to you. IC Card With Tamper Proof Module Sony, the electronics giant and tech conglomerate based in Japan, made the announcement that its Sony CSL (Computer Science Laboratories) division had been successful...
India’s Crypto Regulation Report Is Now Ready
By Sam Mitchell
The new finance secretary for India has just confirmed the readiness of a new report concerning crypto regulations. This comes just some few days before the planned G20 summit. It is just a matter of days before it is submitted to the finance minister so that it can get approved. Narendra Modi, the Indian Prime Minister appointed the new finance secretary following the resignation of the former secretary Arun Jaitley....
Trading Vehicles To Crypto Maturity
By Sam Mitchell
A decade ago, speculating on crypto prices meant buying bitcoin and adding it in your crypto wallet. Crypto exchanges were not many and purchasing bitcoin was a feat worthy of bragging rights. In addition, liquidity was very low while there was barely any infrastructure. Cryptocurrencies were less of a financial instrument rather than a digital novelty. The dominating centralized exchanges invented the idea that bitcoin and other crypto had relative...
Early Adopters Of BTC Build A Seasteading Home In Thai’s Coast
By Sam Mitchell
The virtual currency interest has been interconnected to so many things. A desire to shape the future for the better is one of the things it has been interlinked to. It has also been connected to a great passion for personal freedom. But now, a team of Bitcoin early adopters is doing something great in the industry. They are building a sea homestead somewhere off the coast of Thailand. $150,000...
The State Of Blockchain Gaming
By Sam Mitchell
Blockchain technology is winning. Everywhere it lands, it's leaving a lasting impact. Speak of logistics, healthcare, finances, and digital identity industries. They are not the same as before. And now, everyone wants a piece of the blockchain. Any industry would want to have ties to a technology that encourages transparency and improve efficiency and convenience. Today, the blockchain technology is on every investor’s radar at the moment. Blockchain And Gaming...
Why Libra Will Work
By Sam Mitchell
No one likes the Facebook coin, not the regulators, not the crypto weirdos, and certainly not the banks. And why they hate it, we can only guess. Facebook says that the new currency is an answer for financial inclusion and ‘banking the unbanked’. If that’s true, then it is a goal that everyone has missed. So, why wouldn’t they hate Facebook coin? It’s because a huge centralized company is about...
Blockchain-based Mobile Payments Service Developed by Gates
By Umberto Papa
The Bill and Melinda Gates Foundation are introducing an open-source software to facilitate the creation of payment platforms for developing economies, The Bill and Melinda Gates Foundation are introducing an open-source software to facilitate and Melinda Gates Foundation are introducing an open-source software to facilitate the creation of payment platforms for economies...
Things Crypto Scammers Say
By Jason Bloomberg
There are basically two kinds of people in the crypto world today: scammers and their marks. Not a scammer? Well, then, you’re a mark. If you haven’t already fallen for one of the multitude of crypto scams out there, here’s a quick guide to identifying a scammer. If you hear somebody saying any of the following things, run – don’t walk – in the other direction. Buy Bitcoin (or any...
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 […]
