Some surprising cryptocurrency news has come out of Germany this week. It now appears banks in the country prepare to embrace digital assets in every way possible. The first bank openly pledging support is SolarisBank. A Smart Move by SolarisBank The company confirmed it will launch a digital asset custody […]
Crypto
SBI Ripple Asia Wants to Dominate Ripple’s Network Liquidity
The future of banking may look very different compared to today. It would appear SBI Ripple Asia is looking to expand in an aggressive manner. During a recent meeting, it was announced how this consortium wants to take up roughly half of the transaction volume of the Ripple network. SBI […]
BitPay Enables Stablecoin Support but Evades Using Tether
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is looking to step up its commerce game by removing volatility whenever possible. The press release confirms BitPay will begin offering stablecoin payments for both merchants and consumers all over the […]
South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. Bitcoin Taxation in South Korea This […]
TheLitecoinApp Turns one Year old and is Still Free of Charge
Although Litecoin is often criticized for a lack of development, the community tends to come up with new solutions. One user has developed TheLitecoinApp, which gives users access to everything Litecoin-related. Although one could easily find Litecoin-related resources online, having them all in one app adds a degree of convenience. […]
Ethtrader Users Are Pleased With the DONUT Token Launch
Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest. DONUT is More Popular […]
Mythic Gods Unchained Card Sells for 210 Ether
Some decentralized applications have noted major successes in 2019. Gods Unchained can now be added to this list, as the project keeps making various headlines. Blockchain-based trading card games have always been rather popular among cryptocurrency enthusiasts. A Major Gods Unchained Card Auction So much even that some are willing […]
Cryptocurrency Funds are Still in an Awkward State in 2019
It has not been a good year for cryptocurrency funds, depending on how one interprets the new reports coming out. From a longevity point of view, the current statistics are borderline alarming. The State of Cryptocurrency Funds in 2019 Several dozen crypto funds have shut down throughout 2019, primarily due […]
Litecoin’s Partnership With the Miami Dolphins Isn’t a big Success
Introducing additional use cases for cryptocurrencies is very difficult. Litecoin is an accepted payment method at the Miami Dolphins stadium, but it isn’t too popular. Prior to the 2019 NFL season’s beginning, the Miami Dolphins shocked the world by announcing Litecoin payments would be accepted. Miami Dolphins Don’t see Much […]
British Virgin Islands Government Turning to Blockchain?
Blockchain technology was first introduced through Bitcoin as a means to aid and empower global citizens. However, governments worldwide are increasingly looking into the nascent tech as a means of building out their own economies and national infrastructure. Cryptocurrency and blockchain tech have broad applications, as has been exemplified by […]
The Anti_BitcoinSV subReddit Attracts Some Attention
There has been a fair bit of hostility toward Bitcoin SV since its inception. That momentum will only intensify now that the anti_bitcoinSV subreddit has been created. Anyone in the world can create their own subReddit in an effort to spread a message. Welcome to Anti_BitcoinSV Whether that message is […]
The Bakkt Bitcoin Futures Aren’t What They Seem to be
Many people have different opinions regarding the Bakkt Bitcoin futures. New information has confirmed these contracts don’t exactly work as advertised. Unlike what many assume, these vehicles are not fully backed by physical Bitcoin. The Real Story Behind the Bakkt Bitcoin Futures That is a rather unusual development for a […]
Danish Court Confirms Nordea Bank Employees Can’t Trade Bitcoin
A lot of people show a keen interest in Bitcoin. Not everyone around the world is allowed to do so, sometimes even due to a court order. Particularly those working for Nordea Bank will not receive approval to invest in Bitcoin anytime soon. Nordea Employees Receive bad News The Danish […]
48,000 Users to Test New Ethereum Express Pilot Projects
Two new pilot projects are set to be launched by the Ethereum Express (EEX) project operating on the Proof-of-Authority algorithm. Over 48,000 users from US, Japan, Ukraine, Brazil, and other countries are set to be encompassed by the undertaking of community-operated EEX that seeks to introduce drastic efficiency changes in […]
The Activation of MimbleWimble on Litecoin Will Take a While
Litecoin is often criticized for not getting much developer attention. The reality is very different, as this popular altcoin is in line to receive MimbleWimble support fairly soon. A new developer update regarding MimbleWimble and Litecoin was provided a few days ago. MimbleWimble on Litecoin is far Away In the […]
All of the European OneCoin Domains go Dark Without Explanation
There is yet another development in the ongoing OneCoin saga. It now appears the main website has been taken offline, although it remains unclear how long the situation will last. The OneCoin Ponzi Scheme has made thousands of headlines over the years. The end is Nigh for OneCoin in Europe […]
Lightning Network User Recovers Most of the 4 BTC Presumed “Lost”
A little while ago, there was some commotion over a user losing 4 BTC through the Lightning Network. That situation has now changed for the better. A lot of people were taken aback by how unsecure the Lightning Network turned out to be. Rectifying the Lightning Network Narrative If a […]
Bitcoin’s Hashrate is Seemingly on a Downward Spiral
As the year almost comes to a close, there could be some interesting Bitcoin action in the weeks ahead. If the network hashrate is any indication, that activity might not necessarily be positive. In the past few months, the overall Bitcoin hashrate has seen many ups and downs. Highs and […]