Cryptocurrencies

Auto Added by WPeMatico

Samsung Profits Surge on High Demand for Bitcoin Mining Chips

by

South Korean Samsung Electronics saw its operating profits surge in the first quarter of this year compared to the previous year. The company attributes the increase to its semiconductor division which manufactures bitcoin mining chips and says that it expects the trend to continue into the second quarter. Also read: Yahoo! Japan Confirms Entrance Into the … Read more

Major Belarusian Bank Starts Offering Bitcoin CFD as Belarus Gets Less Crypto Friendly

by

A well-known bank in Belarus will begin offering a bitcoin contract for difference (CFD) product through its platform, a joint project with a Swiss bank. Meanwhile, Belarus is growing less crypto friendly, reportedly amending its decree to impose strict KYC rules. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Bitcoin CFD Product Mtbankfx is an accredited … Read more

Bitcoin Smart Banknotes Launched in Singapore

by

A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitcoin Banknotes Debut in Singapore Digital asset … Read more

Reddit Plans to Reinstate Cryptocurrency Payments

by

After Reddit removed Bitcoin Core (BTC) as a form of payment for premium membership services this past March, the company seems to be planning to reinstate the digital asset soon. On Thursday, May 3 in an interview with Cheddar, the company’s chief technology officer (CTO), Chris Slowe, revealed it will be adding BTC again and … Read more