Category: News

A New Bitcoin World

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

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and Property

Russia’s Supreme Court Recognizes Tokens as Assets Like Money and PropertyA phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by […]

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December 26, 2019 0

Bitcoin ATMs Installed at 5 Major Malls in the US

Bitcoin ATMs Installed at 5 Major Malls in the USAfter installing a bitcoin ATM at Miami International Airport, Bitstop installed cryptocurrency ATMs at five major malls in multiple U.S. states. The malls are operated by Simon Property Group, the biggest shopping mall operator in the country. Customers can buy bitcoin while doing their Black Friday and Christmas shopping. Also read: Crypto ATMs Proliferate – […]

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November 28, 2019 0

Crypto ATMs Proliferate – 6,000 Installed and Counting

Crypto ATMs Proliferate Globally- 6,000 Installed and CountingThe number of cryptocurrency ATMs installed worldwide has surpassed 6,000, nearly a 50% growth since the beginning of the year. The U.S. leads other countries with over 4,000 crypto ATMs, followed by Canada and the U.K. Several producers offer a range of machines for anyone wanting to get started in this line of business. Also […]

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November 26, 2019 0

Maduro Plans to Give Venezuelan Pensioners Petro as Christmas Bonus

Maduro Plans to Give Venezuelan Pensioners Petro for Christmas BonusesRegional news outlets from Venezuela have revealed that President Nicolás Maduro plans to dole out petro as a ‘Christmas bonus’ for Venezuelan retirees and pensioners. Moreover, despite the fact that many Venezuelans say average citizens don’t use the petro, Maduro also claims there are 27,000 petro affiliated businesses. Also read: Indian Supreme Court Wraps up […]

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November 21, 2019 0

Bitcoin Cash Upgrade Complete: 2 New Protocol Changes Added

Bitcoin Cash Upgrade Complete: 2 New Protocol Changes AddedThe Bitcoin Cash network has successfully upgraded the latest ruleset changes to the protocol. The BCH blockchain now features the enforcement of minimal pushdata in script which will make a majority of BCH network transactions non-malleable. Moreover, as an extension to last May’s Schnorr upgrade, the opcode OP_Checkmultisig(verify) will now feature Schnorr signature support. Also […]

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November 15, 2019 0

Venezuela Becomes ‘Dollarized’ as Citizens Seek Refuge in Alternative Solutions

Venezuela has been suffering from rapid inflation as the purchasing power of the sovereign bolivar has become near worthless. Over the last few weeks, Venezuelans have been dealing with blackouts throughout major cities, making credit card readers useless. Additionally, citizens are dependent on remittances from overseas and last month the country became ‘dollarized’ as more […]

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November 12, 2019 0