SA Central Bank Comes Up With Another Nickname for Cryptos – “Cyber Tokens”

Cryptocurrencies don’t meet the requirements of money, according to the South African Reserve Bank which has decided to call them by a different name. It’s one that does not imply either currency or cryptography. “We prefer to use the word ‘cyber-token’,” said a high-ranking official of the central bank in Pretoria, adding another entry into … Read more

Czech Utility Company Introduces Crypto Payments

One of the largest energy suppliers in the Czech Republic has recently announced plans to start accepting cryptocurrency from its customers. The bitcoin payment option should be available as early as next month, its management said. The company is about to join a growing number of Czech businesses processing crypto payments by introducing them to … Read more

Crypto Scams Comprise 0.6% of Fraud – Australian Consumer Watchdog

The Australian Competition & Consumer Commission (ACCC) has released a report on trends within the scam economy during 2017. The report identifies cryptocurrency related fraud to comprise less than 1% of the scam activity recorded in Australia last year. Also Read: Ross Ulbricht Continues to Fight for Freedom With Supreme Court Petition Cryptocurrency Scams Responsible for … Read more

Dutch High School Exam Features Bitcoin-Themed Questions

Mathematics questions pertaining to bitcoin have been included in recent high school matriculation examinations in the Netherlands. Approximately 200,000 Dutch students are estimated to have taken the OVW exam, a mandatory test for students seeking tertiary education in the Netherlands, which included five bitcoin-themed questions. Also Read: Cryptocurrencies to be Called “Digital Money” in Russia, Tokens … Read more

Stablecoins: A Deep Dive, Featuring Basis, Carbon, and Fragments

As cryptocurrency works its way toward mass adoption, one of its biggest obstacles is volatility. Markets change overnight, and we’re so desensitized to it that we don’t even blink at dips that would bring national economies to their knees. Stablecoins – cryptocurrencies that are tied to existing currencies or commodities like the US dollar or gold – are fungible, easily … Read more

Dispatch Labs CTO Zane Witherspoon Explains How His Platform Created an Innovative Incubator Model

Dispatch is a platform promising zero transaction fees and a speed of tens of thousands of transactions per second (TPS). Is this platform a theoretical pipedream or worth a look? Find out more in this exclusive Merkle interview with Zane Witherspoon, co-founder and CTO of Dispatch Labs. The Merkle: Can you tell us briefly about Dispatch … Read more

Tipping Point Gala Accepts Crypto Donations, Raises $14 Million

A gala held by Tipping Point, a non-profit organization that seeks to invest in efforts aimed at breaking the poverty cycle in the San Francisco Bay Area, has raised more than $14 million USD. The gala comprises the time that Tipping Point has accepted cryptocurrency donations, with the event being attended by the respective chief … Read more

The Blockchain Economy Is the Result of Political and Social Realities: An Interview with James Haft of CryptoOracle

There’s a strong sense of community in crypto, whether it’s troubleshooting wallet setup, collaborating on GitHub, or answering the questions of interested and skeptical friends. All of these daily interactions happen on a micro level and are mostly about making money. James Haft, co-founder of New York-based CryptoOracle, is a modern-day Rousseau, focused on blockchain technology’s … Read more

Sole Seven-Star Hotel in Venezuela to Accept Only Petro

A luxury hotel, offering breathtaking views of Caracas and the Caribbean coast, will be accepting only payments in Petro, Venezuela’s national cryptocurrency. According to President Maduro, the renovated Humboldt hotel is going to be the first seven-star property in his crisis-stricken Bolivarian Republic. Also read: Venezuela’s President Launches Crypto Funded Youth Bank, Encourages Mining Farms … Read more