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Binance Opens Singapore Market in Soft Launch

Binance Opens Its Singapore Market in a Soft Launch

The Binance cryptocurrency exchange finally sets up shop in Singapore as scheduled earlier this month, according to reports. The Binance Singapore exchange is now live in a soft launch on Tuesday featuring only one trade pair BTC/SGD – allowing Singaporeans to purchase Bitcoin with their local currency. Comparatively, the excitement of the launch as announced earlier this month may have …


Update: Thai Navy End Bitcoin Couple’s Sea Adventure

Update_ Thai Navy End Bitcoin Couple’s Sea Adventure

The offshore seastead built off the Phuket coast by Bitcoiners Chad Elwartowski and girlfriend Supranee Thepdet has now been removed by the Thai Navy. Three naval boats were dispatched to the offshore mini homestead over the weekend to dismantle and remove the 20ft structure which has been the couple’s sea home for three months. The couple had constructed a platform …


Botswana’s Bitcoin Users Face Daily Challenge of Finding Crypto

Botswana's Bitcoin Users Face Daily Challenge of Finding Crypto

Although Bitcoin and other cryptocurrencies are not prohibited in the Southern African nation of Botswana it is becoming a challenge for locals to find them. The Republic of Botswana is renown for another type of currency; namely diamonds. Botswana has been one of the world’s fastest-growing economies, averaging about 5% per annum over the past decade since gaining its independence. …


Chinese Miners Struggle for Easy Ride in Iran

Things aren’t turning out to be smooth for Chinese Bitcoin miners heading into Iran to profit from cheaper electricity rates. Long before China hinted it may consider halting Bitcoin mining projects, the exodus began and Iran recently became a hotspot for miners along with parts of South East Asia such as Vietnam and Cambodia. China’s National Development and Reform Commission …


IMF Online Pollsters Call Crypto Most Popular Payment by 2024

IMF Online Pollsters Call Crypto Most Popular Payment by 2024

A poll running on the IMF website asking the question asking “How do you think you will be paying for lunch in 5 years?” now has almost 26,000 responses. The response is clear, hedging towards crypto with 56% of respondents going for the flagship crypto with only 9% and 7% respectively suggesting payments in 2024 will be made with cash …


Harvard University Backs $50 Million Digital Token Offering

Harvard University Backs $50 Million Digital Token Offering

Harvard University’s endowment fund has invested in cryptocurrency company Blockstack Inc continuing the trend of educational establishments’ interest in the burgeoning digital payment industry. Harvard joins a small group of institutional investors that have jumped into crypto assets. Two pension plans in Virginia invested in a venture-capital fund for the blockchain and digital-assets Along with Harvard, the Massachusetts Institute of …


Ethereum Co-Founder Says Time for South Korea to Deregulate Blockchain

Ethereum Co-Founder Says Time for South Korea to Deregulate Blockchain

Ethereum founder Vitalik Buterin has urged South Korean regulators to remove restrictive blockchain industry laws in a recent visit to the Asian tech powerhouse. Buterin was speaking to South Korean parliament members in a hope to overturn the government’s current stance which currently favors blockchain over Bitcoin and other cryptocurrencies, by its banning of ICOs. The Ethereum Canadian-Russian crypto entrepreneur …


HSBC Freezes Pensioner’s Payments Online After Bitcoin Purchase Denied

HSBC suspended payments for a couple’s account when they attempted to purchase Bitcoin online so that the husband could buy medical cannabis for his 70-year-old wife. This is not the first time that HSBC has queried customers activity connected with the purchase of Bitcoin, despite banks, in general, becoming more flexible as cryptocurrency begins to reach more customers using high …


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