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Tag Archives: Cryptocurrency

Venezuela’s Petro pre-sale marks world first for government crypto

The Venezuelan government began the hotly anticipated pre-sale of the Petro (PTR) cryptocurrency token yesterday, 20 February. The token is backed by the country’s crude oil reserves, which are the largest in the world. The Petro is the first cryptocurrency created by a government and, as such, developments are being followed closely, in particular by […]

Long Blockchain Struggling: Nasdaq Issues Delisting Notice

Long Blockchain, the company formerly known as Long Island Iced Tea, has announced a new CEO and plans to spin off its original iced tea business. But there’s a problem: According to company’s balance sheets, it has no income or assets related to blockchain or cryptocurrency. Long Blockchain has been attempting to rebrand itself — […]

What happens with crypto in the divorce court?

There’s a very 21st century problem you hopefully haven’t come across yet – who inherits the digital assets of yourself or those of your kith and kin? And when you add to those digital assets your crypto it could get even more complicated. That’s one problem then. Here’s another. How about being confronted with the […]

NEO ID Layer Utilization: The Valid Project

After planning out and launching the Valid project, Procivis AG wants to grasp a higher ground of personal information management. At the core is a user-controlled digital identity solution allowing people to transact online securely and seamlessly while safeguarding all their sensitive personal data. To add on top of that, in the particular marketplace, users […]

Ellen DeGeneres Is Down with Bitcoin

US daytime television chat show queen, Ellen DeGeneres, featured bitcoin in a recent segment, wondering aloud about its fundamental mysteries with her enthused audience. And while it was a funny look at the cryptocurrency, she managed to expose an often missed demographic to cryptocurrency: baby goat loving moms. Also read: Citibank India Bans Bitcoin  Ellen DeGeneres […]

Iceland Bitcoin Mining to Double Energy Consumption This Year

Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports.   Also read: Internet Pioneer Who Influenced Assange & Snowden […]

Roles of Regulators Decided in India, Rules on Bitcoin Coming Soon

India will soon have its own rules on bitcoin. The responsibilities of various regulators have been determined, a high-ranking official revealed. Relevant institutions are currently finalizing a comprehensive government policy on cryptocurrencies. Representatives of the Indian crypto community, meanwhile, have quashed fears of an imminent ban. Also read: No Strong Case to Ban Crypto Trading, […]

Ledger X President: $50K Bitcoin Bet Saw a $1M Premium the Same Day

Last year on December 22 a firm purchased a $1 million dollar options trade on the Ledger X platform that wagered the BTC/USD market price will be $50,000 by the last month of 2018. This week Juthica Chou, the president of Ledger X chatted with Jared Blikre at the Yahoo Finance All Markets Summit’s cryptocurrency […]

Brisbane Airport Breaking Ground by Accepting Cryptocurrency

Australia’s Brisbane Airport leaped into financial conversations in late January. Rumors of cryptocurrency being accepted as legal tender offered a temporary reprieve from the month’s freefalling market value. Speculation regarding real-world utility stands as more of a delusion than actual basis at present. That said, increasing traction for these ideas is pushing some of the […]

Korean Prime Minister: Closing Down Crypto Exchanges ‘Not a Serious Consideration’

The South Korean prime minister has emphasized that closing down cryptocurrency exchanges is not a serious consideration. His statement clears up any remaining confusion in the market regarding whether the Korean regulators are still considering this option. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Closing Down Exchanges Not Serious Consideration Lee […]