Author: Terence Zimwara

A New Bitcoin World

Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin

Payments Giant Paypal Says Its Customers Can Now Buy and Sell BitcoinPayments giant Paypal says its customers can now buy, sell and hold bitcoin and other virtual coins with the company’s online wallets. The company also says its customers will able to use cryptocurrencies to shop at the 26 million merchants on its network starting in early 2021. A report quotes the company’s President and Chief […]

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October 21, 2020 0

Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining Pool

Venezuela Passes Law Legalizing Crypto Mining, Forces Miners to Join National Mining PoolReports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other cryptocurrencies must now apply for a license from the agency. According to a report, […]

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September 24, 2020 0

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified

Ethereum Classic Suffers 51% Attack Again: Delisting Risk AmplifiedBeleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack. […]

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August 30, 2020 0