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Power Plants in Iran Now Authorized to Mine Bitcoin

Power Plants in Iran Now Authorized to Mine BitcoinPower plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs […]

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July 29, 2020 0

A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers

A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of RetailersAustria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. A1 Telekom Austria Group is a leading provider of digital services and communications solutions in Central and Eastern Europe. Listed on […]

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July 28, 2020 0

Here’s How to Check If a Bitcoin Address Is a Scam

Here's How to Check If a Bitcoin Address Is a ScamWith the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database The number of bitcoin […]

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July 22, 2020 0

European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States

European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US StatesBritish digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U.S. Users in 49 U.S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. They can also store their digital assets in the app and cash out instantly. […]

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July 16, 2020 0

US Army Requests Information on Tools to Track Cryptocurrency Transactions

US Army Seeks Information on Tools to Track Cryptocurrency TransactionsThe U.S. Department of Defense and the U.S. Army have requested information on web-based cryptocurrency tracking tools. The tools must enable U.S. government agencies worldwide to conduct in-depth investigations into the source of crypto transactions and provide multi-currency analysis from bitcoin to other top cryptocurrencies. US Government Wants to Track Crypto Transactions The U.S. Department […]

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July 14, 2020 0

Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion

Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police ExtortionThe Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion. Venezuela Seizes Bitcoin Mining Equipment The Bolivarian National Guard […]

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July 9, 2020 0

Tiktok Ban: US May Join India in Banning Chinese Social Media Apps

Tiktok Ban: US May Join India in Banning Chinese Social Media AppsThe Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. India has already banned Tiktok in its country, along with 58 other mobile apps. Recently, a Tiktok video about dogecoin has gone viral and the price of the cryptocurrency subsequently spiked. US Considers a […]

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July 7, 2020 0

Over 2,500 Austrian Merchants Can Now Accept Cryptocurrency Payments

More than 2,500 merchants in Austria can accept three types of cryptocurrencies via the payment processor Salamantex. The company explained that the system was tested with a number of select A1 5Gi network shops. Since the Covid-19 outbreak, contactless payments have been trending more so than they ever were before. There are a number of […]

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July 4, 2020 0

UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold

UK Court Denies Maduro Access to $1 Billion of Venezuela's GoldThe UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court has ruled that the country does not recognize Maduro as president of Venezuela, blocking him from accessing the much-needed gold. England Denies Maduro Access to Venezuela’s Gold Nicolas Maduro’s attempt to […]

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July 3, 2020 0

KPMG Introduces Cryptocurrency Management Platform

KPMG Introduces Cryptocurrency Management SuiteKPMG has launched a cryptocurrency management platform designed to accelerate institutional crypto adoption. KPMG’s patent-pending tool aims to bridge traditional data and crypto systems, integrating key use cases of cryptocurrency, including custody, wallets, and anti-money laundering (AML) transaction monitoring. KPMG’s Crypto Suite KPMG LLP announced on Monday that it has launched a “New platform [that] […]

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June 24, 2020 0