Month: February 2018

Over the past few months there’s been a lot of internet chatter concerning the digital currency tether (USDT) and whether or not it’s really backed by U.S. dollars. Further, there’s been skeptics, speculators, anonymous Twitter handles, and well-researched reports that claim tether printing moved the price of BTC considerably this past year. However, just recently a Ph.D. student at the University of Groningen analyzed the situation, and his findings reveal the theory of new tethers pumping the bitcoin price looks improbable. Also Read: Senate of Nigeria Launches Probe of Bitcoin…

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Britain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Largest British Banking Group Banning Crypto Britain’s largest banking group with 30 million customers, Lloyds Banking Group, said on Sunday that it will ban its credit card customers from buying bitcoin and other cryptocurrencies, Reuters reported. Lloyds Banking Group operates the UK’s…

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Virgin Money just jumped on the Bitcoin buying ban but it’s not as big a deal as many are making out. This week, The New York Times has reported that Virgin Money has banned the purchases of cryptocurrencies on its credit cards. The news comes as just the latest of this sort of move to hit the press, with a number of big-name banks also banning the purchase of bitcoin with their credit cards – the latest example outside of Virgin Money being Lloyds Bank. A Setback Or Non-News? These…

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The Russian Ministry of Finance is drafting a bill to allow the creation of offshore companies to trade cryptocurrencies. This follows the bill which the ministry recently published on the legal framework for cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Crypto Trading Offshore Russky island beach. “The Ministry of Finance proposed to create offshore companies in Russia for trading with cryptocurrency,” Ria Novosti reported. Deputy Finance Minister Alexei Moiseev told journalists that his ministry is “considering the possibility of implementing organized trades of cryptocurrencies on…

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Bitcoin markets and cryptocurrency markets, in general, have been declining in price for the past six weeks straight with a few bounces here and there. Currently, BTC/USD markets have reached the lowest price in weeks touching $6,600 on February 5, 2018, erasing the past three months worth of gains. Also Read: China Censors Cryptocurrency Ads on Search Engines and Social Media The -65 Percent Bitcoin Dip Many cryptocurrency enthusiasts and traders are in search of the cryptocurrency ‘bottom’ — the price position where the asset will go no lower and is usually…

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Have you ever dreamed of making objects fly and move around by the power of thoughts, just like in the Matrix? Well, this might soon become a reality – Neurocontrol is the technology being developed to control devices by just using your brain. So What Is Neurocontrol? How Does It Work? Neurocontrol is a technologically facilitated process which allows users to manipulate and control a device directly by using brain waves. The brain signals are received by a neurointerface (a device in the form of a headset), which are then…

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