Category: Cryptocurrency

A New Bitcoin World

South Africa’s Second Largest Supermarket Chain Pick n Pay Trials Bitcoin Payments

A major supermarket chain in South Africa, Pick n Pay, has started a trial to accept bitcoin payments in-store at its head office location. A payment technology company named Electrum provides the payments platform, with bitcoin exchange Luno providing the Bitcoin payment infrastructure. Also read: Five Leading Russian Universities Start Offering Cryptocurrency Courses Pick n Pay […]

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September 18, 2017 0

Five Leading Russian Universities Start Offering Cryptocurrency Courses

Many universities across Russia have added new courses to their existing finance curricula that are focused on cryptocurrencies, Bitcoin, and blockchain technology. They will offer these courses for the first time this academic year due to high demand. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Cryptocurrency Courses A number of top universities in […]

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September 18, 2017 0

Calvin Ayre Asks Crypto Community For Hurricane Aid – Will Match Donations

Calvin AyreLongtime Antiqua and Barbuda resident, Calvin Ayre, wants people to send immediate relief aid to the islands. Hurricane Irma recently plowed over the island system and caused tons of damage. Ayre has been involved in the bitcoin and gaming ecosystem for many years. He implores everyone in the community to bring much-needed disaster funding to the […]

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September 12, 2017 0

Why Bitcoin is Not a Bubble

bubbleThe internet is replete with people referring to bitcoin as a “bubble.” They are spreading fear, uncertainty, and doubt galore. They believe bitcoin’s high price spells impending doom, but their criticisms move beyond mere skepticism. It seems like they just hate cryptocurrency. Yet many of these pundits do not fully grasp bitcoin…or even economics. Also […]

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September 12, 2017 0

Vietnamese Hurry to Import Mining Rigs

ViatnmeseVietnamese investors are in a hurry to import crypto mining equipment. As the bitcoin price continues to flourish — despite the Chinese putting a stop to domestic ICOs — investors desperately want mining equipment. However, the legality of bitcoin and cryptocurrency in Vietnam is unclear, and getting miners through customs is difficult.    Also read: Lead Developer […]

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September 12, 2017 0

Korean Court Rules Bitcoin Cannot Be Confiscated

A South Korean district court has ruled for the first time regarding the nature of digital currencies. In the case where 216 bitcoins were seized by the police as criminal proceeds, the court ruled that it is inappropriate to confiscate bitcoins. Also read: South Korea to Dispose of 216 Bitcoins in First Public Auction The Court’s Ruling […]

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September 9, 2017 0

US Politicians Want Tax Exemptions For Bitcoin Purchases Less Than $600

Two politicians want to make bitcoin purchases below $600 not subject to tax laws. The lawmakers, Representatives David Schweikert and Jared Polis, who are also co-chairs of the Blockchain Caucus, hope to lesson the tax burden on cryptocurrency users. They are calling their bill the Cryptocurrency Tax Fairness Act.  Also read: Grayscale’s Trust Contemplates Creating Another Entity for […]

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September 8, 2017 0

Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus Center

Tel Aviv Gets a New BTM and Bitcoin Museum in the Historical Bauhaus CenterOver the past couple of weeks, there have been a few pictures shared across forums of a new cryptocurrency store called “Bitcoin Change” located in the well known Bauhaus building in Tel Aviv. The shop co-founded by Avner (Abe) Ziv hosts a new bitcoin automated teller machine (BTM) and will also provide a bitcoin museum […]

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September 8, 2017 0

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in RussiaThe preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]

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September 7, 2017 0

Luxury Dubai High Rise Apartments Will Be Sold for Bitcoin

This week two business luminaries, Baroness Michelle Mone and Douglas Barrowman, have announced the sale of 2.4 million square feet of Dubai residential property will be sold for bitcoin. The residential 40-storey tower apartments will be the first properties located in Dubai’s Science Park priced and sold for a cryptocurrency settlement. Also Read: Japanese Cryptocurrency Exchange […]

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September 5, 2017 0