Press Red and Its All Systems Go: Man Invents Fail-Safe Bitcoin Sell-Off System
A cryptocurrency enthusiast is preparing for the day when he might need to shift his portfolio in a hurry, but he has chosen an entirely unique way of doing it, by using a red button. In 1950s America, nuclear fallout shelters were constructed to protect against an escalation of the Cold War. Cypriot Ilker Dagli has […]
A Cypherpunk’s Manifesto Calls for an Anonymous Transaction System 16 Years Before the Launch of Bitcoin
The Cypherpunk movement, founded by Eric Hughes, Timothy C. May, and John Gilmore in 1992, ended up playing a crucial role in the origin and development of Bitcoin. A Cypherpunk’s Manifesto written by Eric Hughes in 1993, 16 years before the launch of Bitcoin, calls for an anonymous transaction system. Specifically, within the manifesto, it […]
5 High Paying Jobs for Blockchain Graduates
Blockchain technology is spearheading the next phase of the industrial revolution. The technology is already having a ripple effect on various sectors from healthcare to manufacturing as well as education and in business. Widespread acceptance and adoption of digital ledger technology is slowly giving rise to exciting careers. Exciting and lucrative careers have already cropped […]
LocalBitcoins Takes off in Argentina and Venezuela as Inflation Rockets
October 2018 has seen record Bitcoin trading volumes on peer-to-peer platform LocalBitcoins in Argentina and Venezuela. Given the economic crisis in both of these South American countries, BTC has fast become a financial refuge for many nationals, with the governments of both Mauricio Macri and Nicolás Maduro struggling to save their economies from going under […]
Canada Legalizes Cannabis to Create a $23 Billion Industry, DLT at the Forefront
As Canada becomes the second nation after Uruguay to legalize cannabis, one company is already underway with a blockchain-based solution for supply chain management. Despite the announcement yesterday, inviting Newfoundlanders to be the first in the country to be able to make an officially sanctioned purchase, the legislation is hardly a free for all. Users […]
UK Foundation Fights Environmental “Greenwashing” With DLT
A new blockchain-based tool is about to be utilized by a UK Foundation as a foil to cases where companies’ claims of high sustainability ethics are brought into question. The concept is designed to target the practice of “greenwashing” or “green-sheen” which first came into usage in the 80s prior to the Exxon Valdez oil […]
Powering Bitcoin Mining With Nuclear Reactors Could Be the Future
Energy consumed by Bitcoin mining operations is approaching 0.5% of global energy consumption figures, which has raised concerns that cryptocurrency mining activities are damaging the environment and raising electricity rates for everyone else. Digiconomist estimates that Bitcoin mining requires about 200 GigaWatts of electricity, although some experts think this is an overestimate. It would be optimal […]
100,000 Regular ATMs in the Us Can Easily Become Bitcoin ATMs as Genmega and LibertyX Team Up
ATM manufacturer Genmega and LibertyX have partnered to offer Bitcoin buying functionality on regular ATMs. 100,000 regular ATMs can now become Bitcoin ATMs with a simple upgrade. It is likely that large amounts of Genmega ATM owners will do this upgrade since it provides extra revenue and extra attention without any upfront cost or new […]
“Mad Money” Looks at Crypto Art From a Whole New Perspective
A “Mad Money” exhibition taking place in Moscow on the 18th October is dedicated to the art of crypto mining and trading. Moscow’s Electromuseum is hosting the event, where installations and artwork will examine the nature of the industry in a whole new way, with artists attempting to demonstrate how modern financial instruments can transform […]
Rwanda Government to Track Rare Earth Metal Mining With the Help of Blockchain Technology
The Rwandan government is working to track the supply chain of rare earth metal Tantalum which is used in consumer electronics. Rare earth metals like Tantalum are often considered as conflict metals because they originate from areas of conflict and there have been reports of child and bonded labour being used in their mining operations. […]
