Reading Time: < 1minuteBitcoin is now connected to Burger King Venezuela through a partnership that allows cryptocurrency payments for purchases happening at 40 locations of the fast-food chain. This was actually confirmed on Twitter by Burger King. Other altcoins accepted include Litecoin, Ether, Dash, Tether and Binance Coin. 40 locations are going to allow cryptocurrency payments in 2020. … Read more
Reading Time: 2minutesSouth Korea keeps being in the news with much confusion surrounding its crypto taxation laws. At the end of 2019, the government of South Korea said that the current tax law says it is impossible to impose income taxes on the profits coming from cryptocurrency transactions. At the same time, the South Korean National Tax … Read more
Reading Time: < 1minute2020 started in a great way for Bitcoin as the cryptocurrency hit an all-time hash rate record. Data is coming in from various monitoring sources like Coin Dance and blockchain. The hash rate during January 1 was confirmed as the highest one ever. Estimates During 2019, we saw a constant hash rate growth for Bitcoin. … Read more
Reading Time: 2minutesBitcoin price is going through constant ups and downs. The market is consolidating but the truth is that network fundamentals are really strong. This is clearly highlighted by hash rate being around 7 times higher than what it was like when BTC was at its all-time highest price. The news was broken by Rhythm, a … Read more
Reading Time: 4minutes2019 was a very interesting year for the entire cryptocurrency industry. Market analysts see this year as one of regulatory reckoning, with so many jurisdictions being unaware of how cryptocurrencies have to be treated. At the same time, the year was one of comeback, with countless big tech giants embracing cryptocurrencies. Many global events influenced … Read more
Reading Time: 2minutesThe Ministry Of Finance of South Korea recently made an announcement saying that the current tax laws in the country do not currently include profit taxation for crypto trading. An official announcement was made in regards to this. Right now, the Ministry of Finance is under the control of the Liberal Korean Party, which is … Read more
Reading Time: < 1minuteMost people say that Bitcoin went through a bearish year in 2019 but brand new data showed us that the cryptocurrency has high technical strength, reaching brand new interesting levels. This is in regards to transaction count, hash rate and USD transaction volumes. In the past year, the measures mentioned all set brand new records. … Read more
Reading Time: 2minutesOn December 26, a statement was released by YouTube saying that the social media giant mistakenly removed crypto-related videos. According to the report, hundreds were deleted. Even so, YouTubers that were affected by this ban still do not have videos restored. According to Ivan on Tech: “Nothing has changed. YouTube said this was a mistake … Read more
Reading Time: 2minutesWe might end up seeing some clear crypto regulations in the US in 2020 as the Congress gets ready to consider a brand new bill that details digital asset oversight modalities. Based on information offered by Forbes, the new bill is called “Cryptocurrency Act of 2020”. Its main goal is to offer a clear regulations … Read more
Reading Time: < 1minuteRiot Blockchain is a cryptocurrency mining firm that recently announced the fact that it purchased 1,000 extra Bitmain S17-Pro Antminers, which is basically the brand new generation of miners. This was done on December 12 for an upgrade of the company’s mining facility in Oklahoma City. Riot Blockchain also bought 3,000 units on December 4. … Read more
Reading Time: 2minutesWorld-known footwear Giant Nike just patented tokenized shoes as an NFT (nun-fungible token) through the Ethereum blockchain. The date of the patent was December 10 and the goal is to create footwear digital asset. The documentation shows a use as an ERC1155 or ERC721 token that can transact and authenticate physical shoes. Blockchain Shoes Users … Read more
Reading Time: 2minutesNew reports coming from South Korea warning people that North Korea is expanding his monitoring of social media when it comes to crypto technology. The report was issued by NK Economy and the claim is that Marine Chain is now actively monitoring the lending names that are in the blockchain and crypto space. While in … Read more
Reading Time: 2minutesAlternative Airlines is an UK based travel company. Through a partnership it signed with Utrust, the travel company can now allow tourists to book flights with the use of cryptocurrency. Utrust was the company that announced the partnership, which was the first with an operator in the travel industry. These two companies offer customers the … Read more
Reading Time: 2minutesAlibaba, the Chinese e-commerce powerhouse, recently partnered with Lolli, a rewards shopping app based on BTC. This will enable shoppers to earn back 5% in Bitcoin. Customers will receive Satoshis as they shop for countless items on the internet. This really interesting partnership was announced right on China’s Singles Day, which is the biggest one-day … Read more
Reading Time: < 1minuteAll cryptocurrency enthusiasts are potential targets for crypto scammers. This is the case with almost everything done online these days, including chat applications. The recent trend is to try to steal BTC from users found on Tinder. Right now, Tinder is one of the most popular of all the online dating platforms that are used … Read more
Reading Time: < 1minuteRefereum, US based marketing and blockchain rewards company, just announced its partnership with DLive, a decentralized streaming platform. The goal was to help reward the gamers for watching and creating content. Based on an official press release, the partnership is going to enable the users to earn active rewards as they live stream their games. … Read more
Reading Time: 2minutesAuthorities in Russia look for legal options to confiscate the virtual assets of cybercriminals, including cryptocurrencies. The goal is to be able to do the same thing that is now possible with traditional property forms. It was the Ministry of Internal Affairs that declared it aims to develop the legislation needed to allow the law … Read more
Reading Time: < 1minuteArgentina’s Central Bank (BCA) imposed USD purchase limits recently and now it announced that citizens are not allowed to use their credit cards to buy cryptocurrencies, including Bitcoin (BTC). This new measure is included as a set that covers different industries where credit card use was prohibited or limited. When referring to cryptocurrency, the BCA … Read more
Reading Time: 3minutesThe central bank of Canada is now working with different global partners in order to explore the blockchain future of the country. The bank’s crypto presence soared as Ernst & Young announced that it utilizes Toronto in order to test public government expenditure blockchain. Many look at Canada and the way it adapts to blockchain … Read more
Reading Time: 2minutesThe People’s Bank of China, the central bank of China, is going to certify eleven types of financial technology software and hardware. They are to be widely used for blockchain services and digital payments. This is possible through the brand new Certification of Fintech Products. It was the central bank that released the list of … Read more
Reading Time: < 1minuteThe 13th National People’s Congress’ Standing Committee in China just passed its cryptography law. It will officially be effective starting January 1, 2020. The news was reported by Chinese media. This announcement appeared just one day after Xi Jinping (Chinese President) called on China to take advantage and seize blockchain technology opportunities. If you think … Read more
Reading Time: 2minutesBrian Armstrong, Coinbase CEO, declared at the New Establishment Summit by Vanity Fair that Coinbase generated almost $2 billion in transaction fees. The amount was calculated since the 2012 launch. He added that technology was always the main focus of Coinbase, making this the main reason why the company remained profitable. Ever since 2017, Coinbase … Read more
Reading Time: < 1minuteAdam Back, Blockstream CEO, recently said that the company wants to implement a new method through which lost Bitcoin becomes recoverable. Obviously, he was not talking about BTC that was lost in the past. Back talked at Berlin’s Lighting Conference about future Green Wallet plans. The wallet was launched in March and included different security … Read more