An Ethereum developer is claiming the state-backed petro (PTR) cryptocurrency, a plaything to Venezuelan President Nicolas Maduro, has taken substantial amounts of its newly published whitepaper from Dash (DASH). Indeed, at least at first glance, it does appear there are close similarities between the altcoin and the world’s first national cryptocurrency. Also read: Bitcoin Cash […]
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Venezuela’s president Nicolas Maduro has made several claims regarding his country’s digital currency this week. He announced the launch of the petro as a national currency on Monday, reportedly claiming that it is already “present in the world’s six topmost international exchange houses.” A new whitepaper has also been published showing that the petro is […]
Malta has enacted three bills into law on Wednesday that are meant to create a clear regulatory framework that will enable the establishment of cryptocurrency businesses on the island. A number of issues that can have an impact on traders and exchanges pop up when examining the new regulations. A prohibition on insider trading, market […]
There have been a lot of discussions regarding which currency should call itself Bitcoin. Although one would assume Bitcoin itself would be the most obvious choice, that is not necessarily the case. Bitcoin Cash supporters are convinced there are better currencies out there, including BCH. A recent tweet by @Bitcoin is certainly sparking a lot of new debates. The BTC-BCH Debate Continues It seems there is no end to the debate over whether Bitcoin Cash is the real Bitcoin or not. Obvious evidence points to BCH being an altcoin, although the semantics are proving quite convoluted. There is a genuine cult mentality taking
Venezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private […]
As both cryptocurrency and blockchain technology become more and more mainstream, several projects are pioneering the push to incorporate this revolutionary tech into economies, markets, and industries worldwide. As international conglomerates, financial institutions, and national governments begin to incorporate blockchains, it is likely that this fusion will only grow. One such cryptocurrency that has already seen adoption in a number of major industries is ICON (ICX), a South Korea-based project seeking to “hyperconnect the world”. As of today, ICON’s infrastructure is currently being used by a number of banks, hospitals, universities, insurance providers, and investment firms throughout South Korea. ICX is a new
Venezuela’s oil-backed cryptocurrency, the petro, is a step closer to reality following the release of the official whitepaper. The eagerly anticipated document outlines the token model and crowdsale mechanism that will be used to launch the ethereum-based project in February. Having been officially signed off by president Nicolás Maduro, the whitepaper is finally available for […]