Founder of the Largest Brazilian Bitcoin Exchange Dies in Car Crash
Gustavo Schiavon, one of the four co-founders of Brazil’s largest crypto exchange, Foxbit, has died in a car crash near the country’s capital São Paulo. The accident reportedly took place between the car that 24-year-old Schiavon was driving and other vehicles including a truck when he lost control in heavy rain and collided with the […]
Taiwanese Crypto Miner Hits Local Electricity Supply With $3 Million Power Theft
A Taiwanese Bitcoin miner has been charged by local police for mining more than $14 million in cryptocurrency by using over $3 million worth of stolen electricity from the grid. The miner named only as Yang by Taiwanese authorities has been accused of operating 17 illegal mining operations by employing fake storefronts in Tianjin, Taoyuan, […]
Zen Finds a Place in the Lives of Venezuelan Refugees
Refugees fleeing financially crippled Venezuela are finding some solace after being introduced to cryptocurrency with support from two blockchain companies. Non-profit blockchain firm Cripto Conserje and US company Horizen (formerly ZenCash) have combined to create an education program for Venezuelan refugees fleeing the country to neighboring Columbia. Hyperinflation is rampant in Venezuela and as a […]
Hitting the Sales With Crypto
2018 might not have been the best year in terms of cryptocurrency market performance, but it did see a host of new ways emerge for people to buy everyday items using digital currencies. Here are some of the options for consumers looking to spend some of their holdings during the winter sales. Bitcoin ATMs This […]
Indian Government Committee on Cryptocurrencies – Considering Legalization
Local English news portal, The New Indian Express (TNIE), has reported that a government official from the committee that is overviewing cryptocurrency status has said the panel is considering legalizing digital currencies. The unnamed official, according to the article on TNIE, said, “There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. […]
