One of the world’s largest cryptocurrency exchanges has issued a statement regarding the recently launched “El Petro” (PTR) – a digital currency supposedly backed by Venezuela’s crude oil reserves. Bitfinex are refusing to list the planet’s first ever state-issued cryptocurrency. The Petro Offers “Limited Utility” The reasons cited in the blog post...
Komodo Platform, a cryptocurrency project that focuses on providing anonymity through zero-knowledge proofs and security through a novel Delayed Proof of Work (dPoW) protocol, has entered a strategic partnership agreement with ValueNet Capital, Beijing-based venture capital fund. Komodo Platform To Launch World’s First Decentralized ICO With Help From ValueNet Capital Forked from...
The Hangzhou Blockchain Research Institute, a subsidiary of the People’s Bank of China (PBoC), has launched a blockchain-based platform, the first of its kind to be launched under China’s central bank. China Launches Blockchain Registry Open Platform To Cut Through Bureaucracy The organization, also known as the Zhongchao Blockchain Research Institute, has reportedly presented...
Cyber-criminals attempting to con people out of their Bitcoin are getting more and more creative — but we’ve never seen anything like this: a would-be victim has convinced a Bitcoin scammer to paint his face like a raccoon and rifle through his neighbor’s trash can. The pictures of their interaction and resulting photos have...
The global social media platform Twitter has announced today that it will no longer allow advertising for certain cryptocurrency products and services. The news follows similar moves from other internet giants Google and Facebook. The hope is that such bans will help to protect vulnerable investors from deceptive campaigns...
Ronnie Moas, founder of Standpoint Research and cryptocurrency guru, says the price of Bitcoin will surge towards $300,000 and $400,000 to become the most valuable currency in the world. Ronnie Moas Sees 75% Chance of Bitcoin Retesting $20,000 Standpoint Research, a self-described ‘one-man operation’ based in Miami, serves as Ronnie Moas’ investment advisory firm. He is a...
Bigbom is proud to announce that it has joined forces with Tomochain to form a long-term collaboration in startup acceleration. Tomochain is an innovative solution to the scalability problem with the Ethereum blockchain. They plan to support horizontal scaling via adding more second layer blockchains with good performance integrated with...
Yahoo! Japan Corporation, a subsidiary of Yahoo! and SoftBank Group, is entering the cryptocurrency industry by launching an exchange in April 2019, according to Nikkei Asian Review. Yahoo! Japan Acquires 40% of BitARG to Launch Exchange in 2019 In order to open a cryptocurrency exchange, Yahoo! Japan will start off by acquiring 40...
The Russian Parliament is about to pass a draft bill on cryptocurrencies and digital tokens in which they are considered assets. Unfortunately, locals and tourists won’t be able to pay for goods and services using cryptocurrencies in Russia. Russian Parliament To Regulate Cryptocurrencies The bill outlines the legal framework for mining...
The Financial Stability Board (FSB), the body that coordinates financial regulation for the G20, resisted calls from some members to regulate cryptocurrencies. G20 Regulatory Body Rejects Regulating Cryptocurrencies Too little consensus was found during the Financial Stability Board (FSB) meeting to pursue radical action toward the cryptocurrency world. Mark Carney, Governor...