Ukraine Election Trials Have Begun on NEM Blockchain
A Ukraine election official shared in a Facebook post on Tuesday that the commission’s experiments with the NEM blockchain voting trial for use in the country’s elections have gone live successfully. The head of the country’s voter registry at the Central Election Commission of Ukraine, Oleksandr Stelmakh, commended the immutability of hosting elections on the blockchain, as […]
Rich Dad, Poor Dad Author: “Cybercurrency” the Future as Fiat Will Crash
‘Rich Dad Poor Dad’ author Robert Kiyosaki has predicted a fiat crisis in the future in which a form of cryptocurrency will become the solution to a huge US dollar bubble. Kiyosaki co-wrote the book in 1997, advocating the importance of financial literacy, financial independence and building wealth through investing in assets, real estate investing, […]
Can the Saudi Kingdom Move with the Times in a Blockchain World?
After Saudi Arabia’s first blockchain meeting, ‘Translating Blockchain KSA 2018‘, the country is showing signs of incorporating new technologies to diminish the relevance of oil production. Since 1938, the Kingdom has since become the world’s largest oil producer and exporter, controlling the world’s second-largest oil reserves with the sixth-largest gas reserves and is the only […]
SEC Stalls VanEck SolidX Bitcoin ETF till at Least 30th September 2018
The highly-anticipated decision on the VanEck SolidX Bitcoin exchange-traded fund (ETF) has been stalled until at least 30 September 2018, according to an announcement from the Securities and Exchange Commission (SEC) on 7 August. The Bitcoin market dropped from USD 7,150 to less than USD 6,600 as of this writing and it continues to drop, […]
Only 10% of Bitcoin Transactions Are for Crime, down from 90% in 2013
Drug Enforcement Agency (DEA) agent Lilita Infante says that 10% of Bitcoin transactions are associated with illegal activity. This is down from 90% of Bitcoin transactions being used for crime in 2013. Infante works for the DEA Cyber Investigative Task Force, which specializes in cryptocurrency and the dark web. She says although the ratio of […]
Bitmain’s New Texas Mining Facility to Begin US Expansion
China-based cryptocurrency mining hardware company Bitmain has confirmed Rockdale, Texas as its next location to spearhead the way for its takeover of the US. Texas operations Rockdale will benefit from Bitmain’s investments totaling over USD 500 million in the following seven years, with plans to launch mining operations in early 2019. The location will employ 400 […]
Coinbase Upping Instant Buy and Sell Limits to $25K
Coinbase, the only major Bitcoin exchange headquartered in the United States, has announced that it is drastically increasing instant buy and sell limits to USD 25,000 per day for ACH and USD 7,500 for debit cards. This limit will be available for customers who complete the full verification process. In the past, Coinbase had a […]
Number of Bitcoin ATMs Growing Exponentially Past 3,500
The number of Bitcoin ATMs worldwide has been growing exponentially, according to data from Coin ATM Radar. As of this writing on 7 August 2018, there are 3,509 Bitcoin ATMs in 74 countries around the world, up from 2,090 at the beginning of 2018, 949 at the beginning of 2017, 502 at the beginning of 2016, […]
Bitcoin News Radio Show, 7th August 2018
Listen to the show at https://anchor.fm/bitcoinnewscom/episodes/BitcoinNews-com-Radio-Show-872018-e1vmi3/a-a4nqij. On today’s edition of the Bitcoin News radio show, we review recent Bitcoin market activity, followed by a story about how Bitcoin ATMs are proliferating globally which could lay the framework for widespread Bitcoin adoption. Hear about how Coinbase has upped their instant buy limits to USD 25,000 per day, and […]
