Author: Terence Zimwara

A New Bitcoin World

Bitcoin Sets New All Time High Spiking Over $35,000

Bitcoin Sets New All Time High Spiking Over $35,000Bitcoin’s record-breaking start to the new year continued on January 5 after the top crypto set another new all-time high (ATH) of $35,879. Based on this new milestone, the top cryptocurrency has now surged by more than 20% in just the first of five days of the new year. Record-Breaking Start to 2021 Interestingly, the […]

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January 6, 2021 0

Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’

Christine Lagarde: 'The European Central Bank Cannot Go Bankrupt or Run Out of Money'In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because it is the sole issuer of euro-denominated central bank […]

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November 24, 2020 0

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