Category: News

A New Bitcoin World

Digital Bank Revolut Surpasses 3 Million Customers

Digital Bank Revolut Surpasses 3 Million CustomersU.K. startup Revolut has announced that its customer base has surpassed three million users. The fintech platform, which has quickly become a viable online alternative to traditional banking, was established in 2015. It currently offers payment and exchange services for a growing number of fiat currencies and cryptocurrencies. Also read: Huobi Opens in Russia, Plans […]

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November 13, 2018 0

Venezuela: Petro Can Be Converted Into Any Cryptocurrency If Bought This Year

Venezuela: Petro Can Be Converted Into Any Cryptocurrency If Bought This YearThe Venezuelan government has announced that its national digital currency, the petro, can be exchanged into any cryptocurrency if purchased this year. However, the wallet for the petro is still not available and petro buyers receive certificates of purchase. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space ‘Special Period’ Venezuela’s president, Nicolas Maduro, visited […]

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November 13, 2018 0

Bitcoin Cash Miners Break Records Processing Multiple 32 MB Blocks

Bitcoin Cash Miners Break Records Processing Multiple 32 MB BlocksOn Saturday, Nov. 10, the operation BMG mining pool mined multiple 32 MB blocks on the Bitcoin Cash (BCH) network. The first block at height 556034 was the biggest block ever mined on the BCH chain and the process confirmed over 166,000 transactions. A couple of hours later, BMG pool mined 4 more 32 MB […]

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November 10, 2018 0

Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency Plans

Bitcoin Cash Fork Watch: BCH Infrastructure Providers Reveal Contingency PlansThere’s only 10 days left until the Bitcoin Cash (BCH) network hard fork scheduled for Nov. 15. At the moment the upgrade has two competing BCH clients with different ruleset changes, so the upcoming fork could cause a chain split. Because of the contention over certain upgrade proposals, a slew of exchanges and wallet providers […]

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November 5, 2018 0

This Chicken Coop Feeder Is Powered by Bitcoin Cash Payments in Real Time

This Chicken Coop Feeder Is Powered by Bitcoin Cash Payments in Real TimeOn Oct. 25, an individual posted a live stream on the Twitch Interactive video platform to show the world how Bitcoin Cash (BCH) proponents can instantly feed his chickens online using zero-confirmation transactions. Since the stream kicked off, people have processed over $300 worth of BCH transactions to feed the fowl.  Also read: Miners Have Begun Using […]

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November 5, 2018 0

Turkish Police Detain 11 Suspects in Bitcoin Theft Case

Turkish Police Detain 11 Suspects in Bitcoin Theft CaseThe cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.   Also read: Church Mining Cryptocurrency to Pay Higher Electricity Rates               Hackers Steal $80,000 Worth of […]

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November 4, 2018 0

Sony Develops ‘Contactless’ Hardware Wallet for Digital Assets

Sony Develops 'Contactless' Hardware Wallet for Digital AssetsSony has announced the development of a new type of cryptocurrency hardware wallet that uses its IC card technology. The Japanese conglomerate also said that it firmly believes in the potential for the commercialization and widespread adoption of blockchain technology. Also read: Blockchain Launches Hardware Wallet Secure Digital Assets Tokyo-based Sony, a household name for decades, […]

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October 26, 2018 0

Bitcoin Cash Organizations Start Preparing for the November Hard Fork

Bitcoin Cash Organizations Begin Preparing for the November Hard ForkAs the days draw closer to the scheduled Bitcoin Cash upgrade, affiliated organizations are preparing for the hard fork. Data websites like Coin Dance have added statistics for feature support, upgrade voting, and public opinion. Meanwhile, the Nchain-backed SV-Pool has officially announced that its pool is now open to public miners. Also Read: Samsung Begins 7nm […]

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October 24, 2018 0

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine Looms

Court Refuses to Drop Money Laundering Charge Against UBS, $5.8 Billion Fine LoomsA French court has reportedly rejected a request by the largest Swiss bank to drop money laundering charge against it. UBS Group and a number of its executives are accused of tax fraud and money laundering. If found guilty, the bank could be fined up to 5 billion euros or $5.8 billion. Its executives could […]

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October 13, 2018 0

Funny New Advert Shows Bitcoin Is on Google’s Mind

Funny New Advert Shows Bitcoin Is on Google's MindGoogle, which currently sits on the fence with regard to cryptocurrency, took an opportunity to throw shade at digital coins like bitcoin and bitcoin cash during an advert for its new call-screening feature. In the minute-long segment, popular comedians dressed as Google employees mock crypto mining for wasting electricity and say that virtual currency is […]

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October 12, 2018 0