Malta Seeks Status as Crypto Capital
Maltese prime minister Joseph Muscat’s claim of the “inevitability” of cryptocurrency reflects the Mediterranean island’s attitude regarding the digital future. “I understand that regulators are wary of this technology but the fact is that it’s coming. We must be on the frontline in embracing this crucial innovation, and we cannot just wait for others to […]
Philippines Senator Calls for Tough Crypto Fraud Penalties
Philippines senator Leila de Lima is pushing for much tougher punishment for criminals involved in cryptocurrency crimes, according to the Philippines Senate Official Website. This move to tighten cryptocurrency legislation follows the recent Bitcoin scandal where a husband and wife team, Arnel and Leonady Ordonio, managed to scam their victims out of just over USD […]
Shenzhen in China to Invest Heavily in Blockchain Startups
At a Shenzhen blockchain expo event hosted on Sunday by the China Electronic Commerce Association, Shenzhen’s city government revealed that it is backing a considerable blockchain investment fund. From Hangzhou… The fund aims to invest CNY 500 million (USD 80 million) in blockchain startups in Shenzhen, which comes shortly after Hangzhou city took very similar […]
Bitcoin Price Analysis, 23 April 2018: BTC/USD Breaks Above $9000
Bitcoin markets initially met some resistance when prices were looming around USD 9,000 levels. And yet, recent hours have seen prices spiking above such levels. Traders observed prices nearing USD 9,000 levels through the course of the trading session, but it was only a price spike that helped prices surpass that level. The day’s signals […]
California Legislators Take First Step to Welcoming Blockchain
A senator from the state of Califonia is working to push through legislation that would allow blockchain technology to be utilized in formal documentation, specifically corporations’ articles of incorporation. Bob Hertzberg, the Democratic representative for the San Fernando Valley, presented the bill dubbed ‘SB 838’ to the Senate Banking and Financial Institutions Committee at the end of the […]
Tim Draper Predicts Bitcoin Could Be Bigger Than the Internet
Cryptocurrency advocate and venture capitalist Tim Draper has predicted that Bitcoin could become a vital tool for daily life, bigger even than the internet. As reported by CNBC, he boldly claimed that Bitcoin would surpass the size of Skype, Tesla and Hotmail, all companies he previously invested in. Draper even went so far as to claim that […]
Cannabis Coins in the Green
Positive gains have been recorded across three of the most popular cannabis-related coins in the run-up to and over the 4/20 (20 April) period. Ideals behind cannabis coins The cannabis coins, although often not taken seriously, are looking to address some significant issues within this niche market. Recreational and medicinal cannabis use is growing, with […]
Japanese Blockchain Power Sharing Project to Reduce Carbon Emissions
With solar power scaling rapidly and pressures to provide greener energy sources growing, there is an increasing market for energy trading. The new Power Sharing blockchain platform backed by Japanese energy and technology companies has been launched with the goal of reducing carbon emissions. The current grid systems The current systems in place do provide a basic means for selling […]
Georgia Second Most Active in Crypto Mining
With a population of fewer than 4 million people, Georgia’s position as second in the world for cryptocurrency mining is an intriguing one. Mining farms US technology company Bitfury accounts for significant portion of the mining activity in Georgia. The company runs a vast data center filled with mining software on the outskirts of the capital Tbilisi, […]
