Month: April 2018

Oscar Mayer, the famous bacon brand has created a new cryptocurrency called bacoin. The company made the announcement on April 30, introducing the new coin.  Bacoin: The First Ever Bacon-backed Crypto Bacoin is a promotional campaign cryptocurrency that is backed by real Oscar Mayer bacon. According to the company, the coin is as volatile as other cryptocurrencies. Commenting on the launch, Matt Riezman, brand manager at Oscar Mayer said that: Oscar Mayer is the gold standard of bacon because of our dedication to hand-selecting the best cuts and then naturally…

Read More

Iran has been developing its own cryptocurrency, a project which has yielded an experimental local crypto, despite the country’s central bank banning banks from dealing with cryptocurrencies. Iran’s Information and Communications Technology Minister has shed light on the project, commented on its alleged use to evade sanctions, and clarified the central bank’s action. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Iran’s Crypto Project Mohammad Javad Azari-Jahromi. Iran’s Information and Communications Technology (ICT) Minister, Mohammad Javad Azari-Jahromi, revealed on Saturday that “Iran has developed an experimental local cryptocurrency,” Reuters…

Read More

A Japanese regulatory working group focussing on cryptocurrencies has suggested exchanges should not be “allowed” to trade certain altcoins including Dash and Monero. FSA Suggests Altcoin Squeeze As Forbes reports citing a meeting of the group, which consists of industry experts organized by Japan’s regulator the Financial Services Authority (FSA), the anonymity options such altcoins present could be grounds to banish them from the country’s burgeoning exchange sector. “It should be seriously discussed as to whether any registered cryptocurrency exchange should be allowed to use such currencies,” an unnamed member…

Read More

The Localbitcoins markets of several nations have produced significant spikes in recent weeks, with the peer-to-peer (P2P) markets of Hungary, Peru, and Venezuela establishing new all-time highs for volume when measuring in trade in fiat currency. Also Read: Bitcoin in Brief Monday: Outage Downs Telegram, Bitcoin Shines on a Bank P2P Markets of Latin America Surge The P2P trading volume of numerous South American markets have shown considerable strength in recent weeks, with many markets producing among the strongest weeks of trading in recent history when measuring volume in fiat currency.…

Read More

Cryptocurrency trades surge in Malta, making the tiny nation a predominant leader in the field, surpassing countries like Japan, Korea, China, and the USA. A research carried out by Morgan Stanely also shows that Belize is second to the lead. Malta, the New Leader in Crypto Trading Volume The winds of change are blowing strong as Malta becomes the global leader in terms of cryptocurrency trading volume. In a research factoring the legal location of exchange, Morgan Stanely reveals that the small nation has established itself not only as a…

Read More

Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero on Japanese and possibly even global exchanges. Also read: Bitcoin Cash Adoption Continues: Crypto Cafebar, Gold Vendor, Concealed-Carry Clothing FSA Gives Privacy Coins the Thumbs Down Japan’s FSA is reportedly urging exchanges to move away from…

Read More

Tkeycoin DAO is a decentralized global ecosystem meant for civil society, with the goal of facilitating social and economic relations within its network of mutual assistance and solidarity – but why should you care? Here are three reasons why. It Makes the Market Accessible The team at Tkeycoin took an economic and scientific approach to the cryptocurrency market — mixing the best aspects of Bitcoin, Ethereum, DASH, and other digital currencies with the best real-world experiences from heavy hitters like IBM and Microsoft. With this approach, Tkeycoin aims to make…

Read More

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. Roger Ver, founder of Bitcoin.com, and Mate Tokay join the advisory board of BlockChainWarehouse (BCW). To bring their insight and resources to help grow BCW and the companies that move through its’ accelerator program. BlockChainWarehouse is an accelerator that helps take companies from an idea…

Read More

According to Le Monde, France’s State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin. The agency is signaling crypto tax will plummet from its current 45% to an across the board flat 19%. It’s a dramatic change in orientation from the government. Could it be France is ready for a decentralized, digital financial future? Also read: Telegram Urges Paper Airplane Protest, Pussy Riot Activist Arrested France Lowers Crypto Tax It has been an active year so far for La République.…

Read More

On the last day of April, cryptocurrencies are on the cusp of proving this month marks a resurgence as Bitcoin prices remain up over 30%. BTC/USD Faces Final $9k Test Data from major exchanges tracked by Coinmarketcap, Bitcointicker and others reveals that despite misgivings from traditional finance circles and even some traders, such as Warren Buffet, Bitcoin has succeeded in holding on to its Q2 gains. Starting out at under $7000, April 1 saw the first signs of revival as a short-lived surge added $500 in hours. After falling to lows…

Read More