President of Venezuela: Petro Exchangeable for Other Cryptos Only If Purchased in 2018
The President of Venezuela, Nicolas Maduro, has said “Anyone who buys Petro before 31 December 2018 can convert it into any digital currency or international convertible currency”. This implicitly indicates that anyone who buys Petro after New Year’s Eve will not be able to exchange it, raising further doubts about the Petro’s existence. All cryptocurrencies […]
BitcoinNews.com Daily Podcast 10th November 2018, Iran Ready To Deploy National Cryptocurrency
Listen to the 10 November 2018 BitcoinNews.com Daily Podcast below. [su_audio url=”https://anchor.fm/s/58aba88/podcast/play/1709184/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fproduction%2F2018-10-11%2F5732541-44100-2-18cf432fb0f5e.mp3″] On this edition of the BitcoinNews.com Daily Podcast, we discuss how Iran is ready to deploy its national cryptocurrency as sanctions take full effect, and how Jeff Garzik donated 15,000+ bitcoins to fund the development of Bitcoin back in the day. Hear about how […]
UK Exchange Jumps the Gun On German Crypto Regulator
The German Federal Financial Supervisory Authority (BaFin) has closed down the operations of UK cryptocurrency exchange Finatex Ltd. It appears that the UK firm was ordered to “cease cross-border proprietary trading immediately,” for slipping under Germany’s regulatory wire, having not received the necessary authorization to operate cross-border exchange transactions from BaFin. The UK company which was […]
Taiwan Firms Laud Success of World’s First Aviation Tourism Blockchain Project
The Two Taiwanese companies who partnered to launch the world’s first aviation tourism blockchain project have praised the outcomes of their attempts so far to tokenize the travel industry. Huafu Enterprise Holdings Limited and Far Eastern Air Transport (FAT) have published a press release outlining their successes since launching the cooperative project earlier this year. […]
93% Britons Have Heard of Bitcoin, but Only 4% Have Ever Bought It
An overwhelming majority (93%) of Britons have heard of Bitcoin but the actual ownership statistics are as low as 4% according to UK Market Research Firm YouGov. The survey shows mixed results regarding the future of Bitcoin because people are reportedly having troubles in understanding what Bitcoin is about. Of the 93% who have heard about […]
Iran Ready to Deploy National Cryptocurrency as Sanctions Go Into Full Effect
Iran’s national cryptocurrency is ready to be deployed, as the US sanctions go into full effect, which is mostly the reason for the Iranian Rial (IRR) to experience 300% inflation so far in 2018. The goal of this national cryptocurrency is to conduct international business since Iran’s international payment systems have been crippled. The new […]
Head Teachers in China Caught Red Handed Ether Mining at Work
Two school principals in Hunan province, China, have gotten themselves into hot water for mining Ethereum at work. Lei Hua, Principal of the Puman Middle School in Chenzhou, Hunan convinced his wife that mining Ethereum might be a good way to earn some extra income, then put 7 machines to work at school. Lei was […]
Financial Companies Need IT Infrastructural Overhaul to Match Blockchain Tech
With the rising tide of cryptocurrencies and blockchain applications in FinTech industry, financial firms may have to replace their IT infrastructural systems to keep up with the technology. This was a shared sentiment by experts at the ScotChain18 event in Edinburgh, Scotland, reports Scotsman. The event hosted by MBN Solutions and blockchain specialist Spiritus, rallied […]
Blockchain Birds Are Coming This Thanksgiving, Complete With ID
This Thanksgiving, 600,000 turkeys in the US are being delivered with a difference, as blockchain technology lends a hand. Americans eat an estimated six billion pounds of turkey meat each year according to the US National Turkey Federation. Thanks to the Honeysuckle White Traceability Program, some of the 45 million Turkeys eaten this Thanksgiving, and […]
Belarus Turns up the Heat on Crypto as Business on Fire in Minsk
Belarus is alive and well in the world of cryptocurrency as high tech and crypto companies choose the former Soviet Republic as the new place to do business in the region. The Belarus Hi-Tech park in Minsk is fast becoming a fintech center with 388 companies now registered as conducting business there. Much of the […]
