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
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
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
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'
Bitcoin
Following heightened volatility risks, MakerDao governance approves the use of USD Coin (USDC) stablecoin as collateral in the Maker Protocol. The deicsion was made with the purpose of reducing liquidity risks. MakerDao Approves USDC Stablecoin as Risks Loom According to a blog post by MakerDao on the matter, “Prior to
Africa
The Reserve bank of Zimbabwe (RBZ), the country's central bank is set to regulate cryptocurrencies, making a u-turn from its 2018 ban which prevented local banks from processing crypto payments. According to reports by local media - The Chronicle, Zimbabwe's central bank has started drafting a
Bitcoin
Last week (March 12), the bitcoin and cryptocurrency market experienced its biggest single day dip in the last 7 years. The number one cryptocurrency had its price drop by 50% in under 24 hours; courtesy of panic sell offs due to the Corona (COVID-19) virus outbreak and a global economic
Bitcoin
The Italian Red Cross in partnership with the Colli Albani Committee and Helperbit - a blockchain platform for charities, are raising donations in Bitcoin and other cryptocurrencies as they look to combat the coronavirus epidemic in the country. According to reports, the proceeds from the crypto donations will be used
Blockchain
Libertarian candidate for the U.S 2020 Presidential Elections - Adam Kokesh has expressed interest to develop a sovereign cryptocurrency named once elected. Kokesh made the announcement at a ceremony where he appointed Alastair Caithness as his chief blockchain policy adviser. Adding that the new role will focus on development
Blockchain
One of South Africa’s biggest banks, Investec announces its new digital asset custody product at the Blockchain Africa 2020 conference. The announcement was made by the Blockchain lead at the private bank, Chris Becker. South Africa's New Digital Asset Custody Product While on stage, Becker described Investec’
Blockchain
A developer working on privacy cryptocurrency, Grin, predicts that the privacy protocol (Mimblewimble) which the coin runs on will be released on Litecoin's testnet by September 2020. Grin Set for Litecoin's Testnet Launch Preparation for the mimblewimble launch on Litecoin's testnet has been in