Tag Archives: Cryptocurrencies

Bitcoin Transactions Hit Record High In Venezuela: Petro Goes Up 150%

Bitcoin Transactions Hit Record High In Venezuela: Petro Goes Up 150%

Venezuelans continue to find refuge in cryptocurrencies and especially the mainstream digital assets like Bitcoin (BTC). According to data released by Coin Dance, transactions in BTC in the country reached 1,284 BTC ($5.1 million). The transactions are mainly carried out on Localbitcoins, a P2P platform. The president of Venezuela, Nicholas Maduro last week raised the minimum wage […]

Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

State Street, one the largest institutional custodians on the planet, said there is no sense of urgency – at the moment, at least – from clients for the firm to move into safeguarding crypto assets. Speaking at the American Banker BlockFS conference in New York on Thursday, Jay Biancamano, State Street’s managing director for digital product […]

A Site Enabling Anyone to Buy Bitcoin Using 300 Payment Methods Says the Demand is Growing

A Site Enabling Anyone to Buy Bitcoin Using 300 Payment Methods Says the Demand is Growing

A company that enables visitors to buy Bitcoin using more than 300 payment methods has reported growth in the number of transactions being completed using US dollars – and says it is determined to dismantle the issues people have in earning and transferring their money freely. Paxful was launched in 2015, and has the goal […]

Virtual Coin | The History of Bitcoin’s Predecessors

Virtual Coin | The History of Bitcoin’s Predecessors

To understand cryptocurrency, you first need to understand the history of the virtual coin. Virtual coin, or digital currency, differs from traditional fiat currency in that there is no physical representation to accompany each unit of value. Long before the crypto craze of 2017, there were the pioneers of electronic cash. These early financial freethinkers […]

Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report

Ohio ‘Appears’ to Be First US State to Accept Bitcoin for Taxes, WSJ Report

The U.S. state of Ohio is poised to become the first state to accept Bitcoin (BTC) as tax payment, the Wall Street Journal (WSJ) reports today, Nov. 25. As the WSJ writes, the move initially applies only to businesses, with plans to extend the offering to individual taxpayers in future. Starting this week, Ohio-based businesses will be […]

A GUIDE TO KOMODO COIN

A GUIDE TO KOMODO COIN

The rapidly expanding world of cryptocurrency is currently home to over 1000 blockchain projects and platforms. As users increase, newer platforms emerge to accommodate them. However, the industry remains turbulent in the face of regulatory uncertainty, cybercrime and incredibly volatile markets. Although investors flock in hoping for a repeat of the fantastic prices that several cryptocurrencies like Bitcoinrose […]

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

YouGov: One In Five Brits See Future Where Crypto Is Used Like Cash Or Card

Research from YouGov, an international public opinion and data company, investigates how much people know about cryptocurrencies in the midst of bitcoin’s 10th anniversary. A post published on November 7th notes how 93% of British citizens are aware of bitcoin, but just 4% feel they understand it ‘very well.’ YouGov made a point to note how there […]