Can Blockchain Impact the Future of Real Estate?
With increasing reports of both Bitcoin and Ethereum being used to purchase property, it appears that digital currency is finding its place in the Real estate sector. Although a recent Bitcoin News report illustrates that some banks are not prepared to allow customers to use mortgage equity to purchase cryptocurrencies, it is clear that real […]
National Bank of Slovakia Illuminated by Massive Bitcoin Sign
Slovakian banks including the country’s central bank found themselves advertising Bitcoin on July 11th as a giant icon was illuminated on the exterior of banking institutions around Bratislava. A local action group, an arm of Czech crypto group Paraleni Polis, were responsible for the giant batman style logo which advertised the coin. The group, which […]
Japanese Police Seize Crypto For Parking Tickets, Setting Legal Precedent
Japanese police from Hyogo Prefecture have seized cryptocurrency, albeit a small amount, for unpaid traffic tickets for the first time in history. Apparently, a revised fund settlement act issued in April 2017 which legalizes cryptocurrency as a payment method gives police the ability to seize crypto for unpaid fines. Typically real-estate, vehicles, bank savings, salary, […]
The Day A Hacker Created 184.4 Billion Bitcoins
Bitcoin has an excellent track record, with nearly 100% uptime and impregnable cryptographic security. However, during the early days of Bitcoin there were many bugs to work out, and on 15 August 2010, a hacker caused the value overflow incident at block 74,638, which resulted in the creation of 184.4 billion bitcoins. Bitcoin’s lead developer […]
Malta Pioneers the Future of Blockchain, Introduces First Ever Decentralized Bank Backed by Binance
The Mediterranean island of Malta is set to become a key component of blockchain and cryptocurrency innovation and evolution. There are plans for the world’s first decentralized bank to be built regulation-ready, in the future blockchain hub of the world. A Decentralized Bank In a Bloomberg report on July 12th, cryptocurrency exchange giant Binance and its […]
La Bitcoineta “Bitmobile”: How Bitcoin Activists Are Pushing for Awareness Across Argentina
A group of individuals based in Argentina have taken it upon themselves to liberate with and educate the population of their country on Bitcoin, with the hopes of aiding sustainable economic growth via the possibilities of Bitcoin and the ensuing fintech sector. The group has managed to create a fun, unique way of spreading the […]
SegWit Allowing for Bitcoin Blocks That Are Over 100% Bigger
BitMEX Research has found that the Bitcoin block size limit has increased by over 100% since the implementation of segregated witness (SegWit) in August 2017. Formerly there was a hard cap of 1 MB on block size, but since the launch of SegWit there are numerous blocks up to 1.5 MB in size and even […]
Quantum Tunneling May Deter Powerful Crypto Mining Chips
Moore’s law states that the number of transistors in an integrated circuit doubles about every two years, and this has approximately been true up until now. Transistors are the fundamental building blocks of electronic devices; they amplify and switch electronic signals on and off. More transistors on a chip results in more processing power. However, […]
China Cracks down on World Cup Gambling, Seizes $1.5M in Crypto
World Cup fever is hitting its peak as the final match between Croatia and France approaches on 15 July 2018, and one symptom of that fever is excessive gambling. The Guangdong Provincial Public Security Bureau in China launched a crackdown on illegal World Cup gambling, and has seized CNY 10 million (USD 1.5 million) of […]
Ripple Has Eye on Monopolizing India’s Finance Sector
Ripple (XRP) as announced that it wants to take over 50% of India’s finance sector by processing payments with low fees and efficient systems, according to CCN. The announcement was made at the recent Scaling and Digital Disruption in Fintech conference by Ripple Vice President Asheesh Birla, where he suggested that he saw Ripple’s digital […]
