Find Love on Blockchain
By Sam Mitchell
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. Hardly anyone uses their real photos and it’s difficult to trust anyone. Blockchain presents a...

EOS And How It Works
By Sam Mitchell
EOS is a relatively new Blockchain project in the crypto space with an objective of building a network with the capability of handling millions of transactions at a go. The cryptocurrency started on a high note with some very interesting Initial Coin Offering for a number of reasons; First, the EOS ICO ran from 26th June 2017 to June 1st 2018, a total of 350 days, making it the longest...

Building Your Own Mining Rig
By Sam Mitchell
Now the interest in mining has begun to skyrocket amid rumors of an imminent bull run. Everyone now wants to build their own mining rig. A crypto mining rig is a computer system that can be used to mine bitcoins and altcoins. But the rig is unlike the conventional computer system. It’s specifically built for mining and other processes that require high efficiency. However, it’s common to find home computers...

Amazon’s Centralized And Decentralized Solutions
By Sam Mitchell
The upcoming launch of the new currency-the Libra coin has brought to light debates over the differences and benefits between the centralized and decentralized blockchains and cryptocurrencies. There is a pending debate about the Libra coin itself, whether it should be classified as a cryptocurrency or not. The centralized nature of Libra is causing quite a debate in the crypto space. A consortium of major corporations are behind the currency...

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...

Monero (XMR)
By Sam Mitchell
Would it be okay if everyone was allowed to check your bank account balance? How about checking the transactions you have made? Even worse right? Yes, anyone would feel awkward and insecure about it. Privacy in financial transactions is one of the most sought out things but the sad reality in our institutions is that we are being watched right before and after we transact. They constantly monitor our bank...

Ripple Fundamentals
By Sam Mitchell
What many people don’t know is that ripple is not just a currency but a platform as well. Ripple’s protocol is open sourced and is designed for faster and cheaper transactions. Ripple might one day rule international transactions, who knows? Because currency exchanges might soon disappear like Blockbuster stores. The platform also has its own currency (XRP) and it allows anybody to use the platform to create their own via...

India Expresses Fear Of Impact Of Cryptocurrencies On The Financial System
By Sam Mitchell
The committee formed by the Indian government to draft Crypto regulations has said that if Cryptocurrencies are accepted as payments, they could destabilize the local currency. Although Cryptocurrencies remain banned in the world's largest democracy, the government is working around the clock to put regulations in place. The recent observation by the panel is contrary to a report published by the Financial Stability Board (FSB) that stated that virtual currencies do...

Innovations Happening In The Crypto Exchange Scene
By Sam Mitchell
Cryptocurrency exchanges are a vital part of the crypto infrastructure. News of huge profits made on the exchanges hacks happening at an alarming rate, exchanges imitating one another and others adapting innovations on the Wall Street all form a critical part in crypto’s publicity and exchanges are at the center of it. You will be surprised at the sheer amount of exchanges in the crypto space today as well as...

BTC Trading At $5,000, The Difference With 2017
By Sam Mitchell
After a long, long wait, bitcoin is finally showing real signs of recovery. If you haven’t heard, earlier this week, the flagship currency crossed the $5,000 price range. The last time it crossed from the downward side was in 2017 before going on to reach an all-time high of $19,000 at the end of the same year. Hence, brace yourselves people, we might be heading for a similar run. We...

QPROTOCOL
By Sam Mitchell
The main work of QProtocol is to create a quantum resistant cryptography on the systems that you use. It creates software that are in great collaboration with top market researchers. All these are done to pursue the objective of coming up with a quantum resistant and open data future. Its main vision is anchored on a post-quantum and open data world. The ultimate dream of QProtocol is to maintain its...

Students Can Now Pay Fees In Cryptos At A French Business School
By Sam Mitchell
Financial Business School, the leading French college that offers post-graduate studies in financial and blockchain technology, has now given its students an opportunity to pay their fees in Bitcoin. From the time the measure was introduced by the college, close to half a dozen learners have been able to pay their fees in Bitcoin for the 2018 academic year. Relief To International Students Nearly a quarter of the students that...

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...

Bitcoin Cash (BCH)
By Sam Mitchell
Bitcoin Cash is an electronic cash system that has been modeled according to Satoshi Nakamoto’s famous whitepaper titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’. History Of Bitcoin Cash The concept was created in 2008 following the financial crisis where Lehman Brothers collapsed and many other financial institutions filed for bankruptcy all over the world. The causal factor for the crisis was concluded as unethical financial practices where banks used customers...

Tether
By Sam Mitchell
Apart from being the most popular cryptocurrency stablecoin, Tether is the first of its kind. The work of the stablecoins is to mirror the fiat currency’s value. It does this by holding just sufficient reserves to back the supply. Basically, Tether is a digital to fiat currency that can be easily traded at a number of exchanges around. How to Use Tether Shapeshift, Kraken, and Bitfinex are just some of...

Sweden – The Next Big Crypto Market
By Sam Mitchell
Sweden retailers are predicting that the country will stop accepting cash by 2025. As the New York Times is reporting ‘cash is disappearing faster than anyone could have thought’. In fact, government officials are trying to save its demise by slowing it down. However, plans for the fast coming future are underway. Sveriges Riksbank, the Central Bank is running tests on the e-Krona digital currency. The Cashless Society Swedish individuals,...

Romania’s Crypto Earnings Now Have 10% Tax Imposed On Them
By Sam Mitchell
Romania is the latest countries that has had its tax laws amended. This has come with so much development. One of such is the ability to begin taxing the Bitcoin gains at a 10% rate. There is a new way this upgraded fiscal code legislation has categorized the earnings. The earning obtained from selling and purchasing the cryptos are now categorized as income from other sources. The Romania’s crypto earnings...

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...

Cryptocurrency Mining Now Allowed In US Political Campaigns
By Sam Mitchell
The United States Federal Election Commission is the official body that is charged with conducting elections in the US. In a new twist, the commission has issued a new advisory opinion in regards to the use of cryptocurrency and elections. Henceforth, people are now allowed to make contributions to political campaigns by giving out their computer power to be used for mining cryptocurrency for the political candidates of their choices. The...

Corporations Boosting Blockchain Adoption
By Sam Mitchell
When Satoshi designed bitcoin, his vision was getting rid of the authority, roles, and purposes of central institutions especially when it came to finances. The objective is getting twisted as time goes on, bitcoin may end up getting affected by centralized corporate actions it avoided in the first place. Whether it’s for the better, we can only wait and see. But, as long as the gospel of Blockchain is preached,...

Latest Crypto News
December 13, 2024
18th Millionth Bitcoin to Be Mined In Three Days
By the end of the week, the net volume of bitcoin tokens available for mining will shrink to 3 million. That will be after the 18 millionth token has entered […]
June 28, 2024
Innovations Happening In The Crypto Exchange Scene
Cryptocurrency exchanges are a vital part of the crypto infrastructure. News of huge profits made on the exchanges hacks happening at an alarming rate, exchanges imitating one another and others […]
May 31, 2024
Bybit Card: How It Works, Costs, Limits, and How to Order
Overview: The Bybit Card, powered by Mastercard, enables users to spend cryptocurrencies at any online or physical store accepting card payments and allows cash withdrawals directly from crypto accounts. It […]