Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign Located inside the market at … Read more
‘Bitcoin Just Keeps Coming Back,’ Says Robinhood CEO on the Future of Crypto
Robinhood co-founder Baiju Bhatt thinks that crypto isn’t going anywhere, as “Bitcoin just keeps coming back” despite highs and lows in both price and popularity Go to Source Powered by WPeMatico
Australia: Experts Say Tax Office on ‘Warpath’ Against Crypto Investors
Crypto investors in Australia should expect scrutiny from the tax authority, experts say Go to Source Powered by WPeMatico
Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate
This week the Zcash Foundation and researchers from the University of Luxembourg have released a study that finds the presence of ASIC and FPGA miners may be controlling around 30 percent of the overall Equihash mining hashrate. The study speaks volumes to cryptocurrency developers and communities who have attempted to produce proof-of-work mechanisms that were … Read more
Blockchain Can Turn the Finance Industry Upside Down: Germany’s Finance Chief
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more
Bitcoin Price Watch: Currency Falls By $100
At press time, the father of cryptocurrencies is trading for about $6,500. This is roughly $100 less than where it stood yesterday, which in turn was $400 higher than where it had been trading the previous day. Bitcoin has been an up-and-down game for nearly the past week. Problems first stemmed when it was announced … Read more
Western Union Isn’t Impressed with XRP Despite Completing Just 10 Transactions
Ripple is making a lot of inroads in the financial sector. Service providers and banks all over the world are showing a keen interest in its technology and native XRP asset. However, there are some concerns with XRP which few people had taken into account at first. Western Union CEO Hikmet Ersek isn’t too impressed in … Read more
Cryptocurrency Games Have Invaded the Most Popular App Stores
Bitcoin and the vast array of cryptocurrencies within the digital asset economy have become extremely popular these days, and one reflection of this metric is how many games can be found trending on the most popular app stores. There are many games available that allow gamers to create their own virtual mining farms, simulate trading … Read more
The Role of Bitcoin in Crime: Regulatory Efforts to Date
Bitcoin and other cryptocurrencies have been associated with criminal activity for some time now. This has not gone by unnoticed by regulators around the world, and they have begun cracking down on this activity. It is a necessary step in order to bring more legitimacy to this growing industry. Regulators and Cryptocurrencies: The Story so … Read more