Category: News

A New Bitcoin World

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS TerminalsVenezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. Stores that […]

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May 18, 2020 0

Visa Files Patent for Cryptocurrency System to Replace Cash

Visa Files Patent for Cryptocurrency System to Replace CashVisa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes both central banks and commercial banks, leverages a private blockchain to improve the payment ecosystem. Visa’s Cryptocurrency Patent Filing The United States Patent and Trademark Office (USPTO) published on Thursday a patent application entitled “digital […]

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May 15, 2020 0

Bitcoin Cash Upgrade 3 Days Away – New Opcode Support, Chain Limit Extension, Sigchecks

Bitcoin Cash Upgrade 3 Days Away - New Opcode Support, Chain Limit Extension, SigchecksOn May 15, the Bitcoin Cash (BCH) blockchain will be upgraded and there will be at least three new features added to the longest chain. The upgrade in three days is being discussed fervently by the community, because it follows the recent and controversial Infrastructure Funding Proposal (IFP). Bitcoin Cash to Upgrade In Three Days […]

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May 12, 2020 0

Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global Crisis

Bitcoin ATM Locations Surge to Over 7700 Worldwide Amid Global CrisisThe number of bitcoin ATM locations has been growing rapidly amid nationwide lockdowns and the coronavirus crisis. With hundreds of new machines added each month, there are now more than 7,700 bitcoin ATMs spread all over the world. A new bitcoin ATM operator also installed its first bitcoin machines in April. Hundreds of Bitcoin ATM […]

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May 6, 2020 0

Chinese Court Declares Ethereum Legal Property With Economic Value

Chinese Court Declares Ethereum Legal Property With Economic ValueA district court in China has reportedly ruled that Ethereum’s cryptocurrency is legal property with economic value. This ruling follows a couple of other verdicts on the legality of cryptocurrency, including bitcoin, by various Chinese courts. While cryptocurrency is not legal tender in China, people can hold and transfer them like property. Court Ruling: ETH […]

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April 28, 2020 0

2 American Banks Have Failed Since Coronavirus Started Spreading in the US

2 American Banks Have Failed Since Coronavirus Started Spreading in the USSince the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases. Also read: IMF […]

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April 6, 2020 0

Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela

Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in VenezuelaVenezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de la Patria). Also read: IMF Declares Global Recession, 80 Countries Request […]

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April 4, 2020 0

$15 Million Bounty on Maduro: US Charges Venezuelan President With Narco-Terrorism and Drug Trafficking

$15 Million Reward on Maduro: US Charges Venezuelan President With Narco-Terrorism, Corruption, Drug TraffickingThe U.S. has charged 14 high-ranking officials of the Venezuelan government, including President Nicolas Maduro, with “narco-terrorism, corruption, drug trafficking and other criminal charges.” The U.S. government is offering rewards of up to $15 million for any information leading to the arrest or conviction of Maduro. Also read: 2x Bitcoin: Wanna Double Your BTC to […]

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March 27, 2020 0

Darknet Users Discuss the Connection Between DDoS Attacks and Exit Scams

During the last few weeks, a number of darknet markets (DNMs) like Empire and forums like Dread have been attacked relentlessly with heavy DDoS attacks. Meanwhile, reports disclose that Apollon is allegedly pulling an exit scam in the same fashion as Nightmare Market did last year. Darknetstats.com details that Apollon remains online and is accepting […]

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February 1, 2020 0

China Takes Another Step Away From USD Hegemony

China Takes Another Step Away From USD HegemonyThe China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro from 16.34% to 17.40%. The change could signal further disassociation […]

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January 1, 2020 0