Cryptocurrency News
Financial constraints can harm any company or service provider. US telco AT&T is no exception, as it aims to cut costs by tens of billions of dollars. When a company is not making enough money, the obvious solution is cutting costs. A Rough Road Ahead for AT&T If that company […]
Ever since Facebook announced the Libra, there have been numerous concerns regarding the project. It now appears that some changes may be in order after all. In theory, the Libra is designed to be a digital currency. The Libra Saga Becomes Complex It is pegged to a basket of reserve […]
The Federal Reserve has done something that won’t sit well with the American public. Suddenly cutting interest rates due to the coronavirus is very telling of what is about to happen. It was to be expected, but banks are feeling a lot of pressure. Coronavirus Causes Financial Stress That situation […]
Many cryptocurrencies tend to get overlooked by the general public. Elon Musk makes sure that everyone knows about Dogecoin and why it matters to him. Over the years, there have been numerous “ties” between Elon Musk and Dogecoin. Elon Musk Hints at Dogecoin Although they usually are meant as a […]
The coronavirus outbreak continues to make its mark on various industries. Samsung and LG Innotek are closing factories in South Korea due to a worker testing positive for COVID-19. Given the global chaos caused by COVID-19, it is only normal that more problems will become apparent soon. More Coronavirus Concerns […]
Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years. Another big Partnership for Ripple Central banks and commercial institutions are paying close attention […]
Facial recognition technology is opposed in many different countries. Coinbase, a major crypto trading platform, is one of the many companies currently utilizing this technology. More specifically, it appears that Coinbase is a client of Clearview. Coinbase and Clearview are in Cahoots That company has built up a strong yet […]
Many crypto projects have claimed to be the new Bitcoin or improve upon the existing BTC. Most of those projects fail miserably, although pBTC may be an interesting exception. Through pBTC, one can effectively ask their Bitcoin holdings on the Ethereum blockchain. pBTC for DeFi and dApps It is the […]
The legal status of cryptocurrencies can differ based on one’s region. In Australia, it would appear that Bitcoin is a legal investment vehicle. Those are the findings of Judge Judith Gibson of New South Wales. Using Crypto to pay Legal Fees A bit of an odd statement, as no one […]
Setting up a reliable and profitable Bitcoin mining operation is never easy. In Texas, there may be plenty of opportunities ahead. Finding a reliable source of electricity at a low cost can be a steep challenge. The Future of Bitcoin Mining in Texas That process hasn’t become easier since various […]
Russia remains a very unusual country when it comes to crypto assets. Following the launch of Atomyze, that situation may come to change in the near future. Big was people’s surprise when Vladimir Potanin introduced his vision of Atomyze. Atomyze Gains Central Bank Approval It is a crypto token for […]
The Litecoin Foundation is trying to unlock more potential for LTC. A new partnership with MeconCash may be rather significant in this regard. Getting South Koreans excited about cryptocurrencies has seemingly never been much of a problem. Litecoin Gains More Traction in South Korea For Litecoin, it may be a […]
Gauging the popularity of Bitcoin is no easy feat. It is crucial to look well beyond trading volumes reported by centralized exchanges. Making Bitcoin purchases accessible to US customers has been a smart move by Square. Another big Bitcoin Quarter for Square Since the introduction, the company has noted growth […]
Launching a Bitcoin ETF has always seemed like a distant dream. The Wilshire Phoenix Bitcoin ETF proposal is the latest to be rejected by the SEC. Most people readily agree that the SEC will never approve such a trading vehicle. No one Really Needs a Bitcoin ETF The lack of […]
Unusual developments in the finance industry are nothing new. In Hong Kong, the concept of “helicopter money” is seemingly getting out of hand. A new decree will see all adults in Hong Kong receive a HK$10,000 cash handout. Helicopter Money in Hong Kong This will be provided to all permanent […]
Criminals have been drawn to cryptocurrencies for some time. Governments in Europe are now joining forces to put an end to this illicit activity. According to local sources, France’s NIGMA Conseil and Austria’s Institute of Technology are joining forces. More Blockchain Analysis in Europe Their agreement of cooperation focuses on […]
In today’s market, gaining traction for a crypto exchange is no easy feat. Platforms are a dime a dozen and volatile price swings can dissuade all but the most resilient of traders. As a result, many crypto enthusiasts do not wish to be directly exposed to these often sudden price […]
The mining of privacy coins has always been rather interesting. Xmrig, one of the mining tools for Monero, now has built-in Tor support. For a privacy-oriented digital asset, embedding any level of privacy is crucial. Mining XMR Over Tor Whereas most tend to stick with Tor and never look further, […]