Monthly Archives: January 2019

Max Keiser: Bitcoin (BTC) Is The Currency Of Global Revolution

“Bitcoin is Currency Of Resistance”  Max Keiser has long been a Bitcoin (BTC) bull, finding first about the cryptocurrency during its earliest blocks, if you will. And since then, the American broadcaster has incorporated his love for this nascent asset class onto his and his wife’s show hosted on RT, which has been fittingly named the “Keiser Report.” Recently, Keiser called on Jimmy Song, a Bitcoin Core developer and leading cryptocurrency educator, to sit down with him and talk about this budding technology. Song, an overt skeptic of altcoins […]

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South Korea Supports Blockchain with Tax Credit

Blockchain, Cryptocurrency–South Korea has continued its progressive stance towards cryptocurrency and the innovation it offers for fintech by providing tax incentives for blockchain development. Despite the crypto markets entering into their twelfth month of a bear cycle, with the price of Bitcoin slipping below $4000 after making a rally to start 2019, the South Korean government has quietly added blockchain to the list of research and development fields that can qualify for a tax credit. The move is an attempt to boost interest in the space of […]

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Latin American P2P Bitcoin Markets Defy Global Trend to Set New Records

The Latin American peer-to-peer (P2P) cryptocurrency markets have a seen a significant spike heading into 2019, with the Colombian, Peruvian, and Venezuelan Localbitcoins markets posting record volume when measuring in both fiat and BTC. The Argentinian, Dominican, and Mexican markets also posted record volume for P2P trade in recent weeks. Also Read: 9 Cryptocurrency Firms Sue Washington State Utility Over 50 Percent Rate Hike Latin American P2P Markets Witness Record Trade Volume Despite a steady decline in global Localbitcoins volume during recent weeks when measuring in fiat currency, several […]

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Blockchain Startup Monerium Raises US$2M Seed Round

Monerium team and board members Icelandic blockchain startup Monerium has closed a US$2 million seed funding round led by the Nordic VC fund and Crowberry Capital, with participation from New York-based blockchain software technology company, ConsenSys, and Hof Holdings. Monerium will use the proceeds of the seed round to accelerate the development of its services, the company said on Friday. Founded in 2016 by a team of serial entrepreneurs, academics as well as financial services and central banking veterans, Monerium aims to “make currency accessible, secure and […]

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Russia Not Ready for the Petro, Proposes Plan to Aid Venezuela Without It

Acknowledging Venezuela’s efforts to deal with inflation and sanctions by creating a state-issued cryptocurrency, Russian officials have nevertheless declined a proposal to use the oil-backed coin in bilateral trade. According to Russian media, Moscow has recently offered Caracas a set of measures aimed at mending the country’s economy but the petro is not among the recommendations.    Also read: Tron Can’t Handle Bittorrent’s Transaction Volume, Former Exec Claims Russia Recommends Traditional Economic Reforms The Russian Federation has taken steps to help its strategic South American ally to […]

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Marshall Island Hires Malta’s Strategic Advisor to Assist in the Issue of an Official Cryptocurrency

The government of the Marshall Islands, headed by Hilda Heine, stands firm in its efforts to issue an official cryptocurrency as a mechanism for optimizing financial services and avoiding an exclusive dependence on US Dollars to ensure the proper functioning of banking operations. “Sovereign” (SOV) is the token that the government of the island created by presidential decree and will circulate together with the U.S Dollar as the official currency of the nation. After the presidential decree was approved, continued pressure from the United States and the […]

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No, IBM’s Quantum Computer Won’t Break Bitcoin

IBM recently unveiled its Q System One at the Consumer Electronics Show (CES) 2019, with the company describing the quantum computer as being developed for “commercial use.” Despite numerous media outlets again decrying the imminent death of Bitcoin, IBM’s quantum system is not the game-changer that many are heralding it to be. Also Read: Japanese Regulator Clarifies Stance on Bitcoin ETFs and Derivatives IBM Unveils Quantum Computing System IBM’s commercial launch of its new quantum computing system has fueled reports claiming that the technology may spell doom for […]

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9 Cryptocurrency Firms Sue Washington State Utility Over 50 Percent Rate Hike

A major utility in the U.S. state of Washington, Grant County public utility district, and its commissioners are facing a lawsuit filed by nine cryptocurrency firms. The suit alleges that they “acted inappropriately in creating and approving a new rate that raises electricity costs” for cryptocurrency miners. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit Filed Grant County public utility district (Grant PUD) in Washington state has revealed that nine cryptocurrency firms have filed a lawsuit against it and its commissioners relating […]

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Iceland Blockchain Startup Monerium Raises US$2M Seed Round

Monerium team and board members Icelandic blockchain startup Monerium has closed a US$2 million seed funding round led by the Nordic VC fund and Crowberry Capital, with participation from New York-based blockchain software technology company, ConsenSys, and Hof Holdings. Monerium will use the proceeds of the seed round to accelerate the development of its services, the company said on Friday. Founded in 2016 by a team of serial entrepreneurs, academics as well as financial services and central banking veterans, Monerium aims to “make currency accessible, secure and […]

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Google Reportedly Blacklists ‘Ethereum’ as a Google Ad Keyword, Startup Claims

Google has reportedly blacklisted keywords mentioning Ethereum on its advertising platform Google Ads. Google (Alphabet Inc.) has reportedly blacklisted keywords mentioning Ethereum (ETH) on its advertising platform Google Ads, smart contract auditing startup Decenter tweeted on Jan. 10. The official Google Ads account replied to the tweet stating that cryptocurrency exchanges targeting the United States and Japan can be advertised on the platform, and that targeting other countries could be the reason for the ad rejection. When Decenter explained that they are a group of developers doing […]

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