Category: News

A New Bitcoin World

Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’

Venezuela President Raises Petro's Value Again in Move to Create 'New System'For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism.  Also read: Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It ‘A New Monetary System’ […]

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January 16, 2019 0

French ATM Glitches and Bank Closures Reported After Scheduled Bank Run

The grassroots yellow vest movement in France has been participating in protests for weeks on end. Just recently, high profile yellow vest members have been promoting a “bank run” on financial institutions and automated teller machines in Paris. According to reports, the scheduled bank run began in phases, the first of which started on Jan. […]

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January 15, 2019 0

Bitcoin ATMs Continue to Spread Across the Globe

There are now over 4,000 bitcoin ATMs throughout the world, global statistics provided by Coinatmradar.com show. Nearly all of them support bitcoin (BTC) and a growing number are supporting bitcoin cash (BCH). Most of the machines, also known as BATMs, can be found in the U.S., though their presence is steadily growing, not only in developed European […]

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January 9, 2019 0

FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto Trading

FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto TradingU.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly raided a technology campus over unauthorized cryptocurrency trading. Also Read: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London Unauthorized Crypto Trading According to […]

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January 7, 2019 0

Street Artist Hides $1,000 in BTC Inside a Mural Depicting Paris Protests

Street Artist Hides $1,000 in BTC Inside a Mural Depicting the Protests in ParisOver the last eight weeks, the world has watched the yellow vest protests in France as the grassroots political movement has fought for economic justice. On Sunday, the well known street artist Pascal Boyart (Pboy) revealed a mural that contains a solvable puzzle with 0.28 BTC inside. The artist explained that the puzzle cannot be […]

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January 7, 2019 0

Venezuela Wants to Use Petro to Finance Large Housing Program

Venezuela Wants to Finance Large Housing Program With PetroCompleting a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission.” Also read: Crypto-Friendly Statesman Takes Over Swiss […]

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January 6, 2019 0

Overstock Becomes the First Major US Company to Pay Business Tax in Bitcoin

Overstock Chooses to Pay Part of the Company's Business Tax in BitcoinThe cryptocurrency-friendly company Overstock.com announced on Thursday that company will be paying part of its business taxes to the state of Ohio using bitcoin. Overstock will use the state’s Ohiocrypto.com website to pay for the corporation’s commercial activities tax this year. Also read: 10 Years Ago Bitcoin’s Genesis Block Changed the Course of History Overstock Pays […]

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January 4, 2019 0

Over 900 Retailers Worldwide Now Accept Bitcoin Cash

About 945 Retailers Worldwide Now Accept Bitcoin CashThe number of online retailers accepting bitcoin cash (BCH) has swelled to more than 945 stores in the last few months. According to Marco Coino, which provides a directory of merchants that accept payments in BCH, more than 670 bricks and mortar retailers also now handle transactions in the cryptocurrency. In October, that figure stood […]

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January 2, 2019 0

Australian Crypto Company Rapped for Paying Bounty Hunters for Glowing Reviews

Australian Crypto Company Rapped for Paying Bounty Hunters for Glowing ReviewsSecurities commissioners and trade experts have refused Australian blockchain startup Power Ledger a clean bill of ethical health after it emerged that the company paid rogue “bounty hunters” to shore up interest in its cryptocurrency. The project’s “powr” crypto has fallen 90 percent in value over the past year amidst bearish market conditions. Also read: Russian […]

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December 31, 2018 0

Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018

It’s been almost a decade since the inception of Bitcoin, a technology created by the infamous and anonymous Satoshi Nakamoto. Over the years, many people have been hunting for Bitcoin’s inventor and Satoshi sightings have increased a great deal since 2016. During the course of 2018 there were numerous so-called Satoshi sightings and a couple of […]

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December 27, 2018 0