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Cryptocurrency-related trends on Twitter are not an official market indicator. However, it would appear that #bitcoin has been trending in South Africa over the past 48 hours. It is always interesting to see bitcoin trend on social media. South Africa Goes Crazy Over Bitcoin When this happens on Twitter, it is often to find the … Read more
2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed. At news.Bitcoin.com we took the opportunity to scan our … Read more
There are always some developments in the cryptocurrency space worth paying attention to. LoopRing’s implementation of zkRollup for DEXes is certainly paying off. It is a very interesting way of scaling transactions on Ethereum. zkRollup is a Powerful Tool The main benefit of zkRollup is how transactions can be bunched together, instead of being handled … Read more
A crypto startup providing wifi hotspot sharing services in Nigeria has won funding from the country’s telecom regulator. Wicrypt placed second among 25 tech companies participating in an innovation competition organized by the Nigeria Communication Commission and it’s going to receive a grant worth 2 million naira to finance its project. Also read: Skrill Now … Read more
The scaling of different cryptocurrencies remains crucial. Nano, an often overlooked altcoin, is seemingly on the right track to achieve this goal. All of these discussions need to be taken with a grain of salt. Nano Nails Scaling Properly Altcoins often tend to scale better than bitcoin, yet it doesn’t necessarily help them gain traction. … Read more
Making cryptocurrency payments convenient and accessible remains crucial. A more competitors emerge, that process will go smoother over time. ElectraPay is the latest entrant to join this space. Can ElectraPay Succeed? In the blog post, it is mentioned how this crypto payment service will go into operation in January of 2020. During that period, a … Read more
In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized financial governance, Uzbekistan’s crypto ban, and four countries’ central bank digital currency updates. Also read: … Read more
The global focus continues to shift toward China’s digital currency plans. Despite a genuine lack of information, it certainly poses many different threats. Rumors regarding a digital yuan have persisted for years now. China’s Digital Yuan is More Than Just a CBDC Only a few months ago, it became apparent this was more truth than … Read more
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to … Read more
There are many different types of personalities in the cryptocurrency space. Everyone has their favorite project, although some bitcoin sv supporters will grasp any opportunity to drop its name. It is commendable to see community members remain loyal to a crypto asset. When Bitcoin SV Shilling Goes too far Over the years, it seems that … Read more