Category: News

Coinex Chain Launches Two Tokens Anchored to BTC and BCH

Coinex Chain Launches Two Tokens Anchored to BTC and BCHOn November 15, the digital currency trading platform Coinex announced the launch of two Coinex Chain tokens that are anchored to BTC and BCH. The two collateralized coins will be used for trading on the Coinex Dex and will be traded in the name of the original assets respectively. Also read: Bitcoin.com Joins the Coinex […]

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Bitcoin Cash Community Funds Eatbch Trip to Ghana

Bitcoin Cash Community Funds Eatbch Representative's Trip to GhanaThis week members of the Bitcoin Cash (BCH) community donated funds to Eatbch South Sudan volunteer Thiong Deng so he could spread the word about the benefits of BCH at the Young African Leaders Summit. According to Deng, his journey to Uganda and Ghana has been fully funded which includes flight, hotel, visa costs, and […]

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The Bank of Google Wants Your Spending Data

The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and the move is simply an acquisition of more customer data. […]

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Royal Bank of Canada Patents Point to Crypto Exchange Launch

The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital currency trading to the bank’s 16 million clients. Also read: Bankers Start to Recognize Bitcoin’s […]

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Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added

Bitcoin Cash Upgrade Complete: 2 New Protocol Changes AddedThe Bitcoin Cash network has successfully upgraded the latest ruleset changes to the protocol. The BCH blockchain now features the enforcement of minimal pushdata in script which will make a majority of BCH network transactions non-malleable. Moreover, as an extension to last May’s Schnorr upgrade, the opcode OP_Checkmultisig(verify) will now feature Schnorr signature support. Also […]

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Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax Hike

Japan Pushes Cashless Agenda by Rewarding Non-Cash Payments After Tax HikeJapan’s recent October sales tax increase took the rate from 8% to 10%, the previous such hike occurring in April of 2014, when the rate was raised from 5%. The increase is accompanied this time around by new government policy which rewards cashless payments by allowing merchants to provide effective “cash back” of up to […]

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Pornhub Suggests Crypto Payments After Paypal Censors Model Payouts

On November 14, the leading adult video sharing site on the internet, Pornhub, revealed that payment processor Paypal has blocked the company’s live performer payouts. In a blog post written on Thursday, Pornhub recommended alternative payments like writing a check or using the digital currency verge. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in […]

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Indian Government Programs Add New Crypto Courses

Indian Government Programs Add New Crypto CoursesThe Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed New Course on Crypto and […]

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‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued Hyperinflation

‘Zimdollars’ Issued for First Time in Ten Years Amidst Continued HyperinflationThe new Zimbabwe dollar has hit the streets, with banks beginning to issue the paper currency Tuesday. The ‘Zimdollar,’ existing earlier this year as coins, e-balances, the RTGS dollar, and bond notes, was returned to in June as a replacement for the Real Time Gross Settlement (RTGS) system implemented in February. While the development represents […]

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Developer Demos Smart Card That Produces Bitcoin Cash Signatures

Developer Demos Smart Card That Produces Bitcoin Cash SignaturesSoftware engineer Tobias Ruck has revealed a project he’s been working on that allows a smart card to produce valid BCH signatures. Ruck tweeted about his experiment to the crypto community and Bitcoin Cash proponents showed their excitement about the future of offline payments. Also read: Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto […]

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Dubai to Host City’s First Bitcoin Cash Meetup on Saturday

Dubai to Host City’s First Bitcoin Cash Meetup on SaturdayAs Dubai is renowned as an international business and financial hub it should be no surprise it has a dedicated community of cryptocurrency supporters. On Saturday the residents of the city are coming together to learn about bitcoin cash and party. If you are in the area that day, make sure not to miss this […]

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Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto Space

Walk Like Nakamoto: 7 Anonymous Personalities in the Crypto SpaceIn late 2008, an anonymous person named Satoshi Nakamoto introduced the Bitcoin white paper on Halloween. While Nakamoto is clearly the most famous anonymous crypto moniker, in the early days there were many other mysterious individuals scattered throughout the blockchain environment. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain A Group […]

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Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions

Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent on remittances from overseas and last month the country became ‘dollarized’ as more […]

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From FUD to FOMO – China State Newspaper Says Bitcoin Is ‘Successful’

From FUD to FOMO – China State Newspaper Says Bitcoin Is ‘Successful’A major Chinese daily has published an article about Bitcoin. The publication describes the first cryptocurrency as a successful application of the blockchain technology. It provides its readers with the basics they need to know about Bitcoin and highlights some of its main characteristics. Also read: Crypto Banks Gain Regulatory Recognition Across the Globe Xinhua […]

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Generation QE: How Central Banks Create Money From Thin Air

Generation QE: How Central Banks Create Money from Thin AirThis year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time to understand the process. The following is an […]

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Danske Bank Caught Using Gold Bullion to Launder Illicit Funds

Danske Bank Caught Using Gold Bullion to Launder Illicit FundsThe Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch let a select group of clients from Russia convert their money into gold bullion […]

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Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders

Tax Agencies Worldwide Plan to Crack Down on 'Dozens' of Crypto Tax EvadersThe U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also Read: QE Infinity: 37 Central Banks Participate in Stimulus […]

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Bitcoin Cash House Launches Crypto Hub in Venezuela

Bitcoin Cash House Crypto Education Hub Launches in VenezuelaA new crypto resource has emerged in Barquisimeto, Venezuela, for Venezuelans interested in learning about Bitcoin Cash and cryptocurrencies. The project, called Bitcoin Cash House, is the brainchild of Roberto Garcia and is sponsored by Bitcoin.com and Sideshift.ai. It exists as a physical location and online initiative, seeking to educate newcomers to the space on […]

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Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner

Corrupt CBI Officer Booked for Extorting Vigilante BitcoinerIndia’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin Extorted by CBI […]

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Crypto-Based Commerce Spikes 65% in 7 Months

Crypto-Based Commerce Spikes 65% in 7 Months, Blockchain Analysis ShowsCommerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s prolonged crypto winter. Also read: Turkey Becomes the Latest Nation to Work […]

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Turkey Becomes the Latest Nation to Work on Digital Fiat

Turkey Becomes the Latest Nation to Work on Digital FiatTrade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based” national currency. Also read: China Removes Bitcoin Mining From Unwanted Industries List […]

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Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’

Kim Dotcom Token Sale Postponed Over 'Regulatory Uncertainty'In 2017, Kim Dotcom, the founder of the now-defunct file hosting service Megaupload, revealed a similar service called K.im that planned to give anyone the ability to upload files, documents, code, videos, and music files and get paid in crypto for their work. Since then, Dotcom’s team disclosed there would be an exchange sale for […]

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Chinese Communist Party Reportedly Filling Roles at Top Exchange Huobi

Chinese Communist Party Reportedly Filling Roles at Top Exchange HuobiA source has reported to news.Bitcoin.com that the Chinese government is attempting to directly manage the crypto exchange industry in the country. According to the source, this could lead to frozen assets for U.S. account holders and others. Notably, Huobi Global’s website has announced that U.S. accounts “have been gradually disabled” due to compliance issues, […]

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190 Indian Bank Locations Raided in Massive Fraud Crackdown

India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. Also read: State Bank of India Chief Says […]

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