March 29, 2024

Tag Archives: NEWS

Singapore To Incentivize Blockchain Adoption Through Seed Funding

Singapore’s government will be offering financial aid in a bid to promote Blockchain technology adoption within the nation. Adoption Of Blockchain Within Other Sectors Going by the reports made by the Business Times, the IMDA (Infocomm Media Development Authority), which is under the Ministry of Communication and Information, will be offering seed funding to those […]

How Cryptocurrencies Could Be Used In Money Transfer

Money transfer business is a multi-billion dollar industry. Migrants sending money to their families and loved ones back home have to rely on intermediaries. Often, the cost is a significant amount of the total cash sent. To make matters worse, the recipients have to wait for some time before the cash reaches them. If only […]

India Set To Reveal Draft Of Crypto Regulations In December

India has been on the line when it comes to drafting regulations for the crypto sector in the country for years. This might however just be changing as it has emerged that the nation will be unveiling a draft of the regulations before the end of the year. Preparations For Drafting of Regulations Underway India’s […]

Bitfarms Looking To Go Public In Canada

Bitfarms, a Crypto mining company founded in Israel is looking to go public in Canada. Benefits Of Going Public In Canada For Bitfarms Going by the press release made by the mining company it has already been in direct communication with the Ontario Securities Commission having filed a preliminary prospectus. The press release has indicated […]

Flush Of Green Witnessed In The Crypto Market As BTC Nears $5,600

After a week that has been very tumultuous, the cryptocurrency markets have finally indicated some signs of recovery. Looking at the leading ten cryptos, a healthy growth that is between 1 to 7% can be clearly seen. Several cryptocurrencies, all those that are in the top 100 list, are also in the greens. All Eyes […]

Cryptocurrency Payments Gaining Popularity In Moscow

Moscow is among regions that are experiencing an increase in Cryptocurrency adoption in the world. The increasing popularity of non-cash payments has seen some people in the Russian capital turn to the virtual currencies. Although one cannot buy altcoins using the local currencies, it appears that Muscovites are ready to go to any length to […]

Blockchain-Based Call Services A Reality As IBM Partners With Spain’s Telefonica

Spain’s largest telecommunications service provider, Telefonica, is applying Blockchain technology in managing international calls on mobile phones. This is according to a Cointelegraph correspondent report. In the new collaboration, the world’s leading technology firm, IBM, will be building a Proof of Concept (PoC) distributed ledger technology platform for Telefonica with features that enable tracing international […]

Bitcoin Price Could Breakout Into A Bull Run

Binance chief executive officer Changpeng Zhao believes that Bitcoin price is about to enter into a long-term bull cycle. He further believes that for this to happen, there has to be a factor that triggers the Cryptocurrency markets and excites investors into buying BTC. He does not mention any event but there are thousands of […]

Listing Of Cardano, Stellar And ZCash Bolsters Crypto Markets

The Basic Attention Token (BAT) and Ox (ZRK) coins were recently listed by Coinbase. This has resulted in price surges as the two Tokens are now available to a larger market meaning that their demand is on an upward trend. On the same note, Stellar (XLM), Zcash (ZEC), and Cardano (ADA) are also attracting investors […]

Bitmain Files A $5.5 Million Lawsuit Against A Hacker In A Seattle Court

Bitmain Technologies Limited has filed a lawsuit against a hacker calling himself ‘John Doe’ at the United States District Court Western District of Washington at Seattle. The plaintiff is alleging and complaining that the yet to be identified ‘John Doe’ gained access to Bitmain’s accounts and made away with $5.5 million worth of Digital Assets. The […]
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