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Crypto Lessons and Roast Goat in This Kenyan Restaurant, All Paid in Bitcoin

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“Eat at Betty’s” is the word in Nyeri, Kenya, as not only can you pay in crypto, but you can hang around for a tutorial afterwards. At the foot of Mount Kenya about 150km (90 miles) outside the capital, Nairobi, Betty’s place cooks a fantastic barbeque, known to locals as “nyama choma” and if your Swahili is lacking, it is …

Johnny Depp Signs With Crypto Based Platform TaTaTu

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Actor Johnny Depp has signed with cryptocurrency-based media platform TaTaTu for an undisclosed number of movies. Depp, now world-renowned for his character in Pirates of the Caribbean plus a number of box office successes including Edward Scissorhands, had been previously linked with a biopic of cryptocurrency billionaire and New York Mellon Corporation family member Mathew Mellon. His investment into XRP …

Ex-Russian Economics Minister Claims Crypto as the Right Model for Money Supply

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Russia’s former Minister of Economics and Trade, Herman Gref, has spoken out in favour of cryptocurrencies and their transformational nature as a future threat to the financial sector’s status quo. Gref, who was Russian Economics minister between 2000 and 2007 is CEO and Chairman of the Executive Board of the largest Russian bank Sberbank. In a recent forum, he suggested …

UK MP Joins Crypto Exchange as Advisor on Government Relations

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Stephen Hammond, a UK Member of Parliament (MP) has joined the advisory board of a new cryptocurrency exchange IronX. He will advise the cryptocurrency trading platform on government relations including financial oversight and regulation, something that many believe is crucial for the future regulatory development. IronX is a new exchange launched by IronFX and EmurgoHK, who are the co-developers of …

Largest Port in Europe Partners With Samsung for Blockchain Shipping

Largest Port in Europe Partners with Samsung For Blockchain Shipping

Europe’s largest port has partnered with major technology corporation Samsung and Dutch bank ABN AMRO to establish a blockchain shipping network. The collaboration comes from the IT and technology division of Samsung — Samsung SDS, with the trial currently limited to shipping containers from Asia to the Port of Rotterdam. A press release from Samsung SDS details that the project will link …

BitcoinNews.com Daily Podcast 22nd October 2018

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Listen to the 22 October 2018 BitcoinNews.com Daily Podcast below. On this edition of the BitcoinNews.com Daily Podcast, we discuss how blockchain company mergers and acquisitions have surged 800% since 2016, and how Monero’s fees have been reduced over 95% by bulletproofs. Learn about how Security Token Offerings (STOs) could replace initial coin offerings (ICOs) in the United States. Further, we …

Bank of Japan Declares State-Issued Cryptocurrencies Are Not Effective Economic Tools

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Japanese Central Bank’s current deputy governor Masayoshi Amamiya has once again voiced opposition towards Central Bank issued Cryptocurrencies (CBDCs) in a recent interview with the New York Times. During a meeting in Nagoya, Japan, Amamiya expressed his doubts about the CBDCs and said that such currencies are unlikely to improve the existing monetary systems and therefore, Bank of Japan itself …

UK Big Bank NatWest to Leverage Syndicated Blockchain Loans

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UK High Street Bank NatWest has announced that it plans to leverage DLT for the syndicated loans market within the next month. Blockchain technology will be employed as a cost-effective way of streamlining communication between lenders in the loan market, according to the major retail and commercial bank. Although syndicated loans around the world are worth 3.5 trillion pounds, NatWest …

Bulletproofs Have Reduced Monero Transaction Fees by Over 95%

Bulletproofs Have Reduced Monero Transaction Fees By Over 95%

Monero, the #1 privacy coin with a market cap of USD 1.7 billion, has implemented bulletproofs. Bulletproofs are a scalability solution which drastically reduce the size of Monero transactions. The transaction fee for Monero has dropped from an average range of USD 0.50-0.70 to USD 0.02, a more than 95% decrease. Further, block size has dropped from 100 kb to …

No Close Shave for Usain Bolt With ICO Launch Planned for Next Year

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The shaving company Champion Shave, with 10 million razors sold, is going crypto with the help of some big sporting names. Jamaican Usain Bolt, track and field three times world record holder, Brazilian soccer star  Ronaldinho, and basketball player Dominique Wilkins, viewed as one of the best dunkers in NBA history, all signed up in 2016 to launch Champion Shave. …

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