PR: John Mcafee Joins Decentralized Coding Platform Transcodium’s Advisory Board

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. CEO and founder of McAfee Antivirus, John McAfee, advises the Transcodium Project while reiterating the prospects of the project Transcodium is the first of its kind decentralized transcoding platform, and Transcodium Ltd. began the pre-ICO sale on the 7th January, 2018, allowing participants to get…

Read More

Japanese Financial Authority Inspecting 32 Cryptocurrency Exchanges

The Japanese Financial Services Agency has announced that it is inspecting all 32 cryptocurrency exchanges in Japan. This includes 16 exchanges that have not obtained a license but are currently under review by the agency and those that are already fully licensed. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies 16 Exchanges Fully Licensed The Japanese Financial Services Agency (FSA) published a list on Friday of 32 cryptocurrency exchanges in Japan. This includes 16 exchanges that are already licensed and 16 other exchanges that have applied for…

Read More

President Maduro: Venezuela to Launch ‘Petro’ Pre-Sale on February 20

In a move that the government hopes will bring much needed economic relief, Venezuela’s President Nicolas Maduro announced earlier this week that the pre-sale of the country’s new ‘petro’ cryptocurrency will begin on February 20. A Cryptocurrency Backed by Crude For years, Venezuela has been struggling with rising economic and political problems. The South American country has under heavy international sanctions due human rights abuse and corruption and, thanks to extreme hyperinflation, the bolivar has lost 97% of its value against the US dollar. President Maduro believes that a government-issued cryptocurrency may…

Read More

Coingeek Announces Funding the Electron Cash Development Team

On February 1 the cryptocurrency media outlet and blockchain company Coingeek announced it plans to fund the Electron Cash team’s development. The new Electron Cash projects will involve working on innovative plans for the bitcoin cash ecosystem and a partnership with the firm Nchain. Also read: Bitcoin Cash Supporters Prepare for the Network’s Next Six Month Coingeek Will Provide the Electron Cash Team $300,000 Per Year to Continue Adding Value to the Bitcoin Cash Ecosystem Coingeek.com has announced funding the team who created the Electron Cash wallet, one of the first…

Read More

Crypto Billionaires Are Building a Utopia in Puerto Rico

Fleeing what they see as the impending taxation of their newfound fortunes, wealthy cryptocurrency investors are heading en masse to Puerto Rico, with their hearts set on building a crypto utopia. Puertopia With the goal of creating a utopia – named “Sol” – run solely on cryptocurrencies and blockchain technology, crypto millionaires (and billionaires) are buying up property left and right in the Caribbean island of Puerto Rico. Recently decimated by Hurricane Maria, many parts of Puerto Rico are still in need of reconstruction and renovation. Wealthy cryptocurrency proponents are ready to do…

Read More

Dead again? In Reality Bitcoin Is Up 729% Since Last February

The price of bitcoin has seen some corrections over the years, but really there have only been a few deep cuts. With the bearish dips in price over the past five weeks it’s always good to look at the historical view of value drops and the long-term achievements of the cryptocurrency economy in general. Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard Mainstream Media Assumes the Cryptocurrency ‘Bubble Has Popped,’ But In Reality This Economy Is Just Getting Started If you look at all the headlines across…

Read More

Another Post-Soviet Jurisdiction Welcomes Crypto Miners

Following in the footsteps of counterparts from former Soviet countries, government officials in Transnistria have attempted to create crypto-friendly environment in their disputed republic. Newly adopted legislation legalizes cryptocurrency mining and provides incentives for foreign investors. Entrepreneurs, invited to set up mining facilities, are not even required to register a local company. They can take advantage of tariff-free imports of mining equipment and unrestricted access to cheap energy. Also read: Cryptocurrency Activities Will Be Legal and Tax Free in Belarus Starting in March Unrecognized Republic Recognizes Unregulated Mining The parliament…

Read More

United Parcel Service (UPS) Patents Decentralized Locker Bank That Accepts Bitcoin

The widespread acceptance of Bitcoin as a viable currency may be on its way if the United Parcel Service (UPS) is any indicator. Making In-Person Transactions Safer According to a United States patent application filed on Feb. 1, the United Parcel Service (UPS) has plans to utilize Bitcoin as a method of payment for a new decentralized locker system. According to the patent’s abstract, UPS – a multinational package delivery company and provider of supply chain management solutions – is constructing a “secure, computerized locker bank that is adapted to facilitate…

Read More

Cryptocurrency Payments Take off at Brisbane Airport

Cryptocurrency holders traveling to one of Australia’s busiest airports will be able to experience and enjoy the first ever digital currency airport terminal. Virtual currencies have an eventual aim to be the global medium of exchange. Awareness, interest, and adoption are growing in many countries, showing that that aim may soon be realized. The industry is also paving the way for a number of startups who mainly have a goal of incorporating crypto into our everyday lives. Australian-based TravelbyBit is one such platform, who is on a mission to get…

Read More

Montana is Home to New 53 Acre, $75 Million Bitcoin Mining Facility

This week, the cities of Butte and Anaconda, Montana, learned bitcoin mining company Crypto Watt LLC secured 53 acres on which they plan to invest at least 75 million USD to facilitate the process of how the world’s most popular cryptocurrency’s transactions are authenticated and confirmed.   Also read: Nassim Nicholas Taleb vs David Birch on The Bitcoin Standard Montana to be a Bitcoin Mining Hub Just two months ago, MSE Technologies in Butte, Montana employed 50 engineers. Today, it’s contracting like crazy, shedding half its work staff, selling off its…

Read More