Brock Pierce Plugs “Puertopia” at Futurama Crypto Summit

Brock Pierce Plugs "Puertopia" at Futurama Crypto Summit

The 2018 Futura Blockchain Summit held last month in Dubai has been hailed by many guests as the best crypto convention ever, according to Bitcoinist. The summit brought together more than 300 leaders of the crypto world, including Bitcoin entrepreneur Brock Pierce.  Reportedly it was the largest convention of the cream of crypto society assembled […]

Australia on Trend With Its First Crypto Friendly Town, Complete With Bitcoin Billboard

Australia on Trend With Its First Crypto Friendly Town, Complete With Bitcoin Billboard

The small Australian beachside town of Agnes Water in Northern Queensland has gone crypto crazy with 30 local businesses accepting Bitcoin, claiming to be the country’s first “digital currency-friendly” town, reports ABC News Australia. The town is launching its campaign this week with a new billboard announcing their claim which proudly sports the Bitcoin icon. […]

BitGive and the University of Edinburgh to Solve Third World Problems

BitGive and the University of Edinburgh To Solve Third World Problems

The first crypto-philanthropy network BitGive has collaborated with the University of Edinburgh for research purposes. The newly forged partnership points out great possibilities on the blockchain technology front. The research-based collaboration aims to establish the appropriate effects of cryptocurrencies on local and international charities. Both parties are vouching for more organized and stronger charitable institutions […]

Will Bitcoin Score at 2018 FIFA World Cup as Russia Opens Doors to Crypto

Will Bitcoin Score at 2018 FIFA World Cup as Russia Opens Doors to Crypto

This year’s FIFA World Cup 2018 in Russia is only days away and Bitcoin could be a beneficiary as thousands of football fans will now have the opportunity to spend their bitcoins at the eight-week event, reports Forbes. Businesses and hotels at many of the stadia locations have announced that Bitcoin will be widely accepted […]

Sweetbit Candy Dispenser Proves Efficiency and Practicality of Using Bitcoin as a Currency

Sweetbit Candy Dispenser Proves Efficiency and Practicality of Using Bitcoin as a Currency

David Knezic finished building a machine called Sweetbit on 27 May 2018 which dispenses candy in exchange for Bitcoin, and it proves the practicality, efficiency, and seamlessness of using Bitcoin as a currency. The video demonstrating Sweetbit can be found in the below tweet: Just finished my Bitcoin-enabled candy dispenser ? pic.twitter.com/pU2xJdBIyx — David Pocketić ? […]

HB10: Huobi’s Blockchain Powered ETF Announced

HB10: Huobi's Blockchain Powered ETF Announced

The Singapore headquartered Huobi has announced the debut of the crypto-based exchange-traded fund (ETF) HB10. This means retail traders will now be able to trade in various assets portfolios instead of trading in just one asset at a time. “Retail traders have been used to the various investment options that accept transactions both in cryptocurrencies […]

Cryptocurrency Job Market Explodes With Almost 6 Million Using Crypto Wallets

Cryptocurrency Job Market Explodes With Almost 6 Million Using Crypto Wallets

Recent news source figures show a rapid growth in the cryptocurrency employment market. With more than 1,500 tradeable cryptocurrencies and a $320 billion-plus market cap across the space, job opportunities are increasing. Major online employment site, Indeed.com, recorded an increase of 207 percent in blockchain job listings between 2016 and 2017 — a period of just […]

ASIC: Resistance Is Futile! Crypto’s Battle a Losing War?

ASIC: Resistance Is Futile! Crypto's Battle a Losing War?

At Consensus 2018, many blockchain software developers viewed Bitmain’s recent launch of their newest Application Specific Integrated Circuit (ASIC) miners as proof of the impending future for all cryptocurrencies. ASIC hardware will soon hit the markets for previously deemed ASIC-resistant cryptocurrencies such as Ethereum, Monero, and Zcash. David Vorick, a founder of ASIC manufacturer Obelisk stated: “I think any GPU-mined coin […]

Visa Crash Highlights Need for Decentralized Bitcoin-Like Payment Systems

Visa Crash Highlights Need for Decentralized Bitcoin-Like Payment Systems

Visa experienced a serious network disruption on 1 June 2018, impacting customers across the entire European Union and Ireland. This failure is the result of Visa being a centralized network and highlights the need for decentralized payment systems like Bitcoin and cryptocurrency in general. In an official statement regarding the incident, Visa said the outage […]

Police Tried Stealing $15,000 From a Venezuelan Bitcoin Miner

Police Tried Stealing $15,000 From a Venezuelan Bitcoin Miner

Venezuela’s economic crisis has meant citizens have resorted to new ways of acquiring money. Authorities forced entry into a businessman’s office, threatening to seize his office equipment in an effort to extort him for any money he might have. Venezuela’s economic crisis Venezuela owes oil companies, airlines, China, Russia and other creditors in the region of USD 141 […]