Cryptocurrency News
The blockchain industry is firing on all cylinders worldwide. Australia is the latest country to express its plans for this disruptive technology. It appears that a $175 billion fund will be set aside to explore blockchain technology. The Blockchain Effort in Australia Takes Shape This funds is more than necessary […]
The coronavirus has affected many aspects of life in China. Contrary to what most people assume, it can affect Bitcoin mining operations as well. One mine located in a remote suburb has been shut down as a precautionary measure. Coronavirus and Bitcoin Mining It appears the mine is operated by […]
The BitConnect Ponzi Scheme has made quite an impact on the cryptocurrency space. It now appears that a somewhat similar project has popped up in Brazil. Known as Genbit, the company faces some serious allegations. The Brazilian BitConnect has Arrived The company was initially known as Zero10 before being shut […]
Making Bitcoin a viable mainstream payment solution will not be easy. One hurdle to overcome is the incredibly low transaction throughput. While several solutions are in development, external input is always welcome. The Future Looks Bright for Lightning Payments Lightning Labs, a Bitcoin payments startup, may have a new solution. […]
Centralized companies intent on harvesting user data are a much bigger threat than most people realize.Google is a prime example in this regard, following its Google Photo debacle. To put this in perspective, this entire ordeal does not appear to have occurred due to ill-intent. Google Created a Very Unusual […]
Although a lot of people have high hopes for Bitcoin’s Lightning network, most of the progress has stalled. There is no real decline in support either, but the growth has ground to a halt for some reason. Looking at the statistics provided by BitcoinVisuals, one can see things aren’t progressing […]
The coronavirus has kept the world in its grip since early December 2019. In Thailand, some progress has been made on finding a cure. To treat victims of the coronavirus, an experimental cocktail of various drugs is being experimented with. A Potential Coronavirus Cure In this case, scientists use a […]
Venezuela’s native Petro cryptocurrency has not been too successful so far. A new tax reform may help shake things up, yet it isn’t good news for actual cryptocurrencies. The Petro has not lived up to the expectations from day one. Another Futile Attempt to Promote the Petro A cryptocurrency pegged […]
Hardware wallets are a great way to protect one’s crypto assets. In the case of Trezor, however, there are a few key issues to be addressed. The Kraken Security labs tea has found a way to extract seeds from Trezor hardware wallets. Your Trezor Isn’t Safe Around People More specifically, […]
Centralized cryptocurrency exchanges are a growing problem in the industry. Especially when they either disappear for a while without warning or suspend withdrawals out of the blue. In the case of ACX, an Australian exchange, customers are genuinely concerned. ACX Is Auditing Internal Funds That is only normal, as no […]
Data breaches are almost a daily occurrence in this modern day and age. Even the UN falls victims to such hacks, albeit they don’t always inform the victims right away. During the summer of 2019, the UN fell victim to a large-scale hacking attempt. Major UN Hack Raises Numerous Questions […]
A lot of people wonder about China’s CBDC. Little information has come to light so far, yet new details continue to trickle in over time. In the most recent update, some of the suspicions have been confirmed by official sources. China’s CBDC Will be Fully Centralized First of all, this […]
The success of OneCoin has been well-documented over the years. Many people wonder how this known Ponzi Scheme has remained successful for so long. As it turns out, several factors have contributed to the ongoing success. The Web of Lies Surrounding OneCoin One of the more controversial findings is how […]
The concept of adding more privacy to one’s cryptocurrency remains controversial. A growing number of service providers seemingly wants nothing to do with transactions subject to CoinJoin practices. This problem has been going for quite some time now. CoinJoin and Bitcoin Remains Controversial for Exchanges For some reason, several exchanges […]
Universities across the United States want to address students’ attendance records. Mizzou, the University of Missouri, is not necessarily taking the right approach in this regard. The university currently forces students to use an app allowing them to track student’s locations. An Odd Experiment by Mizzou That information is then […]
Singapore can become a crucial region regarding cryptocurrencies. The recently introduced Payment Services Act can pave the way for broader adoption. Similar to measures in other countries, this law helps identify legitimate exchanges and companies. Singapore’s Payment Services Act is Beneficial Those who do not register with the government will […]
China’s stance on cryptocurrencies and digital assets seemingly hasn’t changed much. However, when it comes to handling Facebook’s Libra, battle lines may be drawn fairly soon. More specifically, the central bank is closely monitoring this situation. China Might Regulate the Libra After all A PBoC deputy governor wants China to […]
Reward schemes are in dire need of a revamp globally. Utilizing blockchain and cryptocurrency technologies to make a meaningful change is a logical option. Rewards4Earth, an Australian company, is even going one step further. A Bold Move by Rewards4Earth Late last week, the company confirmed it is working with a […]