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Bitcoin’s proof-of-work mining algorithm has sparked a few debates over the past few months. It is considered to be a huge waste of electricity and a borderline environmental disaster. A new proposal has been put forward under the PoWx banner. It is a very different take on cryptocurrency mining, albeit one that also makes sense. … Read more
The launch of the Tezos project and token trading is not off to a good start. Even though this launch had been anticipated for quite some time, it appears token holders are very intent on getting rid of their tokens. Thanks to steep daily declines, the value per XTZ has already plummeted to $1.33 and … Read more
The Satoshi Revolution: A Revolution of Rising Expectations Section 4: State Versus Society Chapter 9, Part 3 The Free Market Can Provide Law Crypto is the Wild West, and there ought to be a law. I agree. But agreement is the beginning of a vigorous dispute. It comes down to the question of “what is … Read more
It has been some time since any new developments occurred in the ongoing Bitconnect lawsuits. In a rather surprising turn of events, YouTube has now become a defendant in one of these court filings. That is not a positive sign for the video platform or its parent company, Google. The plaintiffs claim both companies failed … Read more
A few days ago, an interesting story began to surface on Reddit. It was explained that a 0.5 NANO donation was worth more than the average monthly wage in Venezuela. That story has evolved in a positive direction, as the user receiving a donation in that amount successfully bought over 100 kilograms of food using the … Read more
The weekend is off to an interesting start where the cryptocurrency industry is concerned. Considering how most currencies are still in the green as of right now, it is very likely there will be some further upward momentum moving forward. For the Ethereum price, the momentum might carry its value to $475 in the coming … Read more
Switzerland’s principal stock exchange has announced that it is building a platform for the trading, settlement, and custody of digital assets. This announcement follows reports of government officials working on giving crypto businesses access to banking services. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SIX Launching Digital Exchange SIX, the operator of Switzerland’s … Read more
A draft ordinance aiming to regulate the issuance of “electronic money” has been presented in Romania. The document authored by the Finance Ministry specifies the entities that can act as issuers and clarifies the conditions under which e-money can be emitted. While it does not specifically mention cryptocurrencies, some of its definitions and provisions can … Read more
It’s been a gloomy week for the crypto community in India. After three months of waiting for the Supreme Court to make a ruling on the petitions against the RBI’s directive in April, it finally happened on July 3. The country’s highest court upheld the RBI’s directive that required all financial institutions to exit all … Read more
Even though the BitcoinZ project was only recently announced, it appears there is a clear plan of action. Various new features were announced earlier this week. Ranging from a payment terminal to a new operating system, there is plenty of work ahead for the team. The Future of BitcoinZ Whenever a new hard fork of … Read more