Markets Update: Cryptocurrency Gains Start Lifting Confidence Among Traders

The cryptocurrency economy has seen some improvement over the last 48 hours as many of the top digital assets are seeing gains between 5-15% this Saturday. The entire ecosystem of all the coins in existence has gained about $5 billion since the small correction on Christmas day. Furthermore, global trade volume has also increased indicating … Read more

Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as Unrealistic

Payoneer chief executive officer Scott Galit has dismissed the idea of a single global currency like bitcoin as unrealistic. Galit argued that he doesn’t believe countries like the U.S. will ever allow citizens to pay taxes in bitcoin because of too much volatility in the price of the cryptocurrency. Also read: Former Mt. Gox CEO Says … Read more

Skeptical Payoneer CEO Dismisses Idea of Single Currency as Unrealistic

Payoneer chief executive officer Scott Galit has dismissed the idea of a single global currency like bitcoin as unrealistic. Galit argued that he doesn’t believe countries like the U.S. will ever allow citizens to pay taxes in bitcoin because of too much volatility in the price of the cryptocurrency. Also read: Former Mt. Gox CEO Says … Read more

The Daily: Wallet Hacking Debate Heats Up, Bitcoin-Based Patreon Alternative Emerges

To kickstart the weekend, we’ve curated a handful of short but compelling stories from across the crypto sphere. First up, we’ll revisit the fallout from Wallet Fail’s demonstration of hardware wallet cracking. We’ll then move on to a Patreon alternative that’s powered by cryptocurrency and a viral tweetstorm about everything that’s allegedly wrong with Ethereum. … Read more

German Startup Devises Eco-Friendly Energy-Efficient Miners

Azultec is a company that has been researching current mining solutions as part of its project to create an efficient alternative with high computing power and low energy consumption. Its Cube devices are silent mining rigs that can be installed in living rooms. The miners can also use renewable energy and are designed to reuse … Read more

Japanese Regulator Publishes Proposed Rules for Cryptocurrency Service Providers

Japan’s top financial regulator has published the final report outlining proposed rules for cryptocurrency service providers to follow. The rules address areas such as hacking incidents, coin listings, financial and price disclosures, margin trading, and crypto custodial services. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Final Report of Proposed Rules … Read more

Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection

Dutch crypto company Libereum has announced the acquisition of Spanish soccer club Elche CF, who are based in the province of Alicante. The move provides another sign that the crypto world’s interest in sports sponsorship and partnerships is growing.  Also Read: Etoro Will Give Dollar Equivalent of BSV to Pre-Fork Bitcoin Cash Holders Libereum and Elche Share Joint Vision … Read more