Author: Kevin Helms

A New Bitcoin World

Despite Regulations, One South Korean Crypto Exchange Rises to the Global Top

Despite Regulations, One South Korean Crypto Exchange Rises to the TopAmid regulatory uncertainty, South Korean cryptocurrency exchange Upbit has grown rapidly, offering 121 cryptocurrencies and over 200 trading pairs. Backed by Kakao Corp, the platform is now the largest crypto exchange by volume globally. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Upbit Tops the Chart South Korean […]

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January 17, 2018 0

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed CryptocurrencyVenezuela’s president Nicolas Maduro has called for 10 other countries to adopt his planned oil-backed cryptocurrency, the petro. This move follows the country’s parliament declaring the issuance of this new currency illegal. Also read: South Korea Urges 23 Countries, EU, and IMF to Collaborate on Curbing Crypto Trading Maduro’s Proposal Maduro held a meeting of the […]

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January 14, 2018 0

Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed Cryptocurrency

Maduro Orders the Issue of 100M Petros, Venezuela’s Oil-Backed CryptocurrencyThe first issue of Venezuela’s national cryptocurrency has been ordered by President Nicolás Maduro. He has also called for the first national meeting of the petro’s miners where he will release the whitepaper for the new currency. Also read: Venezuela Unveils Mining, Trading, and Launch Details of National Cryptocurrency 100 Million Petros Incoming On Friday Venezuela’s […]

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January 6, 2018 0

Venezuela Seeks Miners for the Petro – Maduro Claims 860,811 Already Signed Up

Venezuela Seeks Miners for the Petro - Maduro Claims 860,811 Already Signed UpVenezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, […]

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January 4, 2018 0

Survey Says 88% of Japanese Have Heard of Bitcoin

A recent survey of 10,000 men and women across Japan shows that 88% of them have heard of bitcoin. Among those that have bitcoin, 47% said that they have used it in retail stores but long-term investment is most respondents’ main reason for purchasing bitcoin. Also read: Local Japanese Government Considers ICO to Revitalize Region 88% […]

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November 20, 2017 0

Sberbank Apologizes for Buying Nearly All Graphics Cards on the Russian Market

Russia has been suffering from a shortage of graphics cards that can be used to mine cryptocurrencies, causing their prices to almost double. However, it was not ordinary households that purchased most of these cards. State-owned Sberbank has come forward, admitted to buying them, and apologized for causing the shortage. Also read: Bitcoin-Based Ethereum Rival RSK […]

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November 12, 2017 0

Seven Japanese Bitcoin Exchanges Announce Bitcoin Gold Hard Fork Plans

Seven of Japan’s leading bitcoin exchanges have announced their policies regarding the planned Bitcoin Gold hard fork of the Bitcoin network. The country’s largest exchange, Bitflyer, plans to distribute and trade the new cryptocurrency. Some exchanges will only distribute the coins, while others are taking a wait-and-see approach. Also read: Two South Korean Bitcoin Exchanges Announce Hard […]

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October 22, 2017 0

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Putin Orders the Issue of Russia's National Cryptocurrency – the CryptorubleRussia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]

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October 16, 2017 0

Russian Regulators Think They Found a Way to Identify, Tax, and License Crypto Miners

Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners. Also read: Research […]

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October 15, 2017 0

Research Shows Half a Billion People Are Mining Cryptocurrencies Without Knowing It

Research Shows Over Half a Billion People Are Mining Cryptocurrencies Without Knowing ItThe company behind the ad blocking program Adguard has analyzed the most popular 100,000 websites for cryptocurrency mining scripts. They found that over 500 million people have been mining cryptocurrencies and “they have no idea it is happening.” Each website running the script earns an estimated $43,000 within the three-week period studied. Also read: Putin Confirms […]

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October 14, 2017 0