Education & News
The Bank of China expressed disapproval of cryptocurrency trading activities through its official WeChat account. China Central Bank Cites Market Manipulation on We Chat In a post on WeChat, the bank makes mention of market manipulation, which it suggests exists in exchanges where leveraged trading causes them to “explode” According
Education & News
Ripple's lawsuit woes continue to present obstacles to the digital currency firm as its CEO gets accused of selling 67,000,000 XRP while promoting the asset. Sues for Selling XRP and False Statements The action is said to arise out of a scheme by the defendants to
Education & News
Microsoft reveals the details of its cryptocurrency patent called, “Cryptocurrency System Using Body Activity Data”. Microsoft will be creating a cryptocurrency that does not depend on ASICs miners. Microsoft Cryptocurrency Patent Reveals New Mining Convention The innovation has been applauded for its potential to save significant amounts of energy as
Blockchain
The European Commission (EC) is launching a new initiative offering grants to blockchain professionals and other specialists for solutions required in the development of civil and defense applications. According to its published tender, the EC through its European Defense Industrial Development Program (EDIDP) is calling on small-to-medium enterprises (SMEs) to
Blockchain
The Malaysian Palm Oil Council (MPOC) in partnership with blockchain firm BloomBloc, have developed a blockchain app to enable users trace palm oil throughout its entire supply chain. According to reports, the blockchain-based system is ready for roll out to local palm oil growers and plantation owners following its successful
Africa
While many non-coiners and detractors discussed Bitcoin and the world's ecomomic crash due to the Coronavirus pandemic, investors and bitcoiners seem to see an "opportunity" in the current state of the market. With so many people around the world now working from home, as part of
Bitcoin
Founder of Ethereum, Vitalik Buterin made a tweet on Tuesday, 24 March calling for resources to be put towards bridging the gap between two of the world's most popular cryptocurrencies, Bitcoin and Ethereum. DEX Bridges Between Ethereum and Bitcoin Buterin suggests that people would be willing to trade
Education & News
U.S. government indicates a stronger commitment to using digital currency infrastructure as the coronavirus crisis puts pressure on its economy. The new coronavirus stimulus bill includes plans for the creation of a digital dollar. In response to the news, bitcoin price rose by 15% over a 24 hour trading
Education & News
In a recently released biannual report, Tezos Foundation reveals that it sold 8,000 Bitcoin in 2019. The news comes barely a year after it raised $400 million from an initial coin offering. Report Reveals Foundation Sold Bitcoin In July 2019, Tezos Foundation had $397.7 million in bitcoin. In
Education & News
Italian bank, Banca Sella announces the launch of an online Bitcoin trading service. Beta testing is set to take place over the coming days. Old Italian Bank Pushes for Bitcoin Trading services will be made available on the bank’s Hype platform, which will allow for users to send Bitcoin
Blockchain
Tether mints millions of dollars worth of USDT, pushing the total supplied over the past three months to $627 million. Approximately $180 million worth of USDT was minted over 48 hours. Tether Mints 60,000,000 USDT For the second day in a row 60,000,000 USDT has been
Africa
Rapper and tech entrepreneur, Akon has shared the whitepaper for his upcoming "Akoin" cryptocurrency project. The 45-page document describes Akoin as a cryptocurrency "designed for entrepreneurs in the rising economies of Africa and beyond; with a mission statement to "unlock the potential of the world'