Poor Internet Access Could Slow Down Cryptocurrency Growth In Africa

Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1.5 billion people – most of them in Africa – to the internet. … Read more

Corporate Creditors Can Now File Claims for Mt Gox Restitution

This week the trustee in charge of the Mt Gox legal case has announced that corporate customers can now file rehabilitation claims for the October 22 deadline. The news follows the claim process that started for non-corporate customers on August 23. Also read: Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules Corporate … Read more

Sales Tax and Bitcoin in the United States Can Be Confusing

Over the last two years in the US, the federal government and states have been trying to grasp the concept of cryptocurrencies and apply them to traditional finance laws like taxes. The task has proven to be extremely difficult for federal agencies and officials however. One confusing issue is the application of state sales tax … Read more

What is Interstellar?

Stellar’s implementation of blockchain has attracted a lot of attention from financial institutions and service providers. Interstellar is a new venture based on this technology. It is the offspring of the acquisition of Chain by Lightyear. The Interstellar Concept Unlike what some people may think at first, this new project has nothing to do with the movie … Read more

The Daily: Revolut to Launch in North America, US Startup Presents Telegram Alternative

Digital bank Revolut is planning to expand its operations in America and Russia. Also, payment card provider Fuzex signs an agreement with Dash, a US-based startup offers an alternative to Telegram, and crypto firm Smart Valor receives approval as a financial operator in Switzerland. Also read: Robinhood Aiming for IPO, Dodgers to Give Away Crypto … Read more

Markets Update: Traders Uncertain of the Next Crypto Market Cycle

Cryptocurrency markets today are seeing a touch of recovery after digital asset prices suffered from some significant losses over the past few days. The entire virtual currency economy has consolidated just above the $200 billion mark, after dropping well below this threshold during Saturday evening’s trading sessions. Over the last seven days, each digital asset … Read more

Tip Bitcoin Cash Effortlessly on the Web With the Money Button

Ryan X Charles, the founder of Yours.org, has been talking a lot about a new bitcoin cash-powered tipping plugin for websites called Money Button. According to Charles, the Money Button software is almost complete and the developer plans to launch the tipping button for websites soon. On September 6 the software programmer showed a preview … Read more

Bittrex to Launch Caribbean and Latin American Crypto Exchange

The US-based exchange Bittrex has announced a partnership with Cryptofacil, a new cryptocurrency trading platform designed to accommodate citizens in Latin America and the Caribbean. The company explains the new exchange will be powered by Bittrex and offer customers in those regions accessibility to over 200 digital assets. Also read: Proof-of-Stake is a Rebranded Version of … Read more

The Daily: EU Urged for Common Crypto Rules, EEU Ready for Common Crypto

A Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service … Read more

Markets Update: Shorts Continue to Rise as Bearish Sentiment Ensues

Cryptocurrency markets have lost considerable value since our last markets update three days ago. The entire digital currency economy of roughly 1900+ assets has lost $35 billion since then, and a great majority of cryptocurrencies over the last 24 hours are in the red seeing significant losses. Also Read: New Information Heightens Satoshi Nakamoto Mystery Crypto-Markets … Read more