Month: December 2018

A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as Unrealistic ‘I Want Money, and I Want Lots of It’ The granny, only indentified as Valeriya, has never looked back since receiving a mining rig from her…

The latest rumor circulating in the investment industry is that pension funds are buying crypto. Is a multi-million dollar pension fund finally prepared to give investors exposure to cryptocurrencies? And if so, what will this mean for the burgeoning asset class? Also Read: Morgan Creek Launches Digital Asset Index Fund for Institutional Investors Typical Pension Fund Investment Strategy The largest 300 pension funds collectively hold $6 trillion in assets. It is highly unlikely that a global pension and endowment fund has engaged in crypto investing in 2018. Why? Well one obvious reason…

Since Patreon began censoring members and participated in deplatforming, many of its users have been seeking alternatives. One option is the cryptocurrency-infused Bitbacker.io, a Patreon-like application that strongly advocates freedom of speech and censorship-resistant money. Also Read: Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018    Bitbacker.io: A Patreon Alternative That’s Powered by Cryptocurrencies Over the past 12 months, censorship and deplatforming have become rampant, with abuse across major social media platforms, donation pages, and web forums. This has been particularly true of Patreon, a web portal that provides…

A survey conducted by Panews has found that 14% of Chinese citizens have invested in cryptocurrencies. The survey also found that 98% of respondents indicated familiarity with the concepts of cryptocurrency and bitcoin – 3% more than those who stated that they had heard of blockchain technology. Also Read: Skeptical Payoneer CEO Dismisses Idea of Single Currency Like Bitcoin as Unrealistic Survey Finds 14% of Chinese Citizens Have Invested in Cryptocurrencies Panews has published the findings of a survey that queried 4,200 Chinese citizens on their familiarity and opinions regarding Bitcoin…

The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian Courts Huobi, which is currently the third largest digital asset trading platform by daily volume, opened its office in Russia on Nov. 12. The branch provides 24-hour online support and has a Russian-language call center.…

Italy’s Ministry of Economic Development recently published a list of the 30 individuals that the Italian government has tasked with developing the country’s regulatory strategy with regards to distributed ledger technology (DLT) and cryptocurrencies. Among the individuals are alumni of the United Nations, the European Parliament, the European Commission, and the Italian Chamber of Commerce. Also Read: German Startup Devises Eco-Friendly Energy-Efficient Miners Italy Selects Group Tasked With Developing National DLT Strategy The Italian government has named the 30 individuals it has sought to develop a national strategy pertaining to distributed…

Kraken has launched margin trading for Bitcoin Cash pairings, now supporting leveraged trading for BCH/XBT, BCH/USD, and BCH/EUR markets. The exchange has also launched margin trading for XRP, now offering up to 5x leverage on XRP pairings. Also Read: Bitcoin Cash Mining Showcased at the Houston Rockets Game Kraken Launches Leverage Trading for Bitcoin Cash and Ripple Markets Kraken has become the latest cryptocurrency exchange to expand its Bitcoin Cash markets, introducing margin trading for three BCH pairings. Kraken users are now able to trade BCH/XBT using 2x margin, in addition…