Jo’Burg’s First ATM Hopes to Enthuse Local South Africans Towards Bitcoin

Jo'Burg's First ATM Hopes to Enthuse Local South Africans Towards Bitcoin

South Africa has its first cryptocurrency ATM since 2104 and the new Northwold Spar machine in Johannesburg will become the only one operating in the country, reports Bitcoinist. George Neophytou, the General Manager of the Northwold Spar and self-confessed crypto enthusiast was inspired to purchase the machine after a trip to Europe, the continent with […]

Tom Lee Explains Why His Post Consensus Bitcoin Prediction Went South

Tom Lee Explains Why His Post Consensus Bitcoin Prediction Went South

Fundstrat Global’s outspoken co-founder and cryptoanalyst Tom Lee, has explained to CNBC why he feels that his predictions of Bitcoin getting an injection from the last week’s New York Consensus Conference, didn’t actually come to fruition. Although Tom Lee stands by his prediction of $25K by end of 2018 position, he suggests that the reasons the market, […]

Former JPMorgan Blockchain Head Says That Banks Are Close To Adopting Crypto

Former JPMorgan Blockchain Head Says That Banks Are Close To Adopting Crypto

Amber Baldet, former head of the blockchain arm at Wall Street’s JPMorgan Chase has suggested that banks trading in cryptocurrencies is imminent. The ex-bank executive, who has now launched her own startup Clovyr, says crypto business will be conducted by banks, “sooner than people probably think,” although she admits that the legal and regulatory framework remains […]

Cryptocurrency Company Taunts Warren Buffet With Billboards Near His Office

Cryptocurrency Company Taunts Warren Buffet With Billboards Near His Office

Genesis Mining has purchased billboards near Warren Buffet’s office in Omaha taunting him for his recent negative statements about Bitcoin. The billboards state “Warren: you said you were wrong about Google and Amazon. Maybe you’re wrong about Bitcoin?”. Warren Buffet is the third wealthiest person in the world with a net worth near $83 billion; […]

Nigeria Can Be Empowered By Bitcoin Says Foundation CEO

Nigeria Can Be Empowered By Bitcoin Says Foundation CEO

Lady Victoria Walker, CEO of the United Digital Currency Reserve Foundation, has recently stressed that the understanding and deployment of bitcoin can kickstart the financial growth in Nigeria and Africa as a whole, reports Niger247News In a recent presentation Lady Walker, who is also a blockchain and cryptocurrency speaker, as well as Principal Consultant at Cryptoria […]

South Korean Government to Review and ‘Soften’ Cryptocurrency Policies to Meet G20 “Unified Regulation” Proposal

South Korean Government to Review and ‘Soften’ Cryptocurrency Policies to Meet G20 “Unified Regulation” Proposal

The South Korean government is said to be revising its cryptocurrency policies after the Buenos Ares G20 Summit agreed to create a set of “unified regulations” in light of acknowledging that cryptocurrencies are “financial assets”. In late March, the G20’s Finance Ministers and Central Bank Governors released a communique noting that crypto-assets have “the potential […]

Researchers Claim That Recent Cost of Crypto Mining Figures “Pulled out of the Air”

Researchers Claim That Recent Cost of Crypto Mining Figures "Pulled out of the Air"

Earlier this week, a study published by Dutch researcher Alex de Vries concluded that Bitcoin mining uses almost as much electricity as the entire Republic of Ireland, but Standford lecturer Johnathan Koomey says his figures are wrong, reports NBC news. The recent claims that cryptocurrency is draining nation’s power supplies have been compared to concerns […]