Month: September 2020

Reports say Venezuela has now legalized bitcoin mining following the decree recently issued by the National Superintendency of Crypto Assets and Related Activities (Sunacrip). As part of the new regulations, all entities and individuals interested in legally mining bitcoin and other cryptocurrencies must now apply for a license from the agency. According to a report, the decree will result in the creation of a National Digital Mining Pool (NDMP), a body that “seeks to bring together all the miners operating on the Venezuelan territory.” Meanwhile, the decree document, which was…

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Just recently a new project called Polkadot joined the top ten crypto coin list almost immediately after the project officially launched. Today, the Polkadot network is the sixth-largest blockchain in terms of market capitalization. The blockchain is considered an Ethereum competitor by a few individuals, and some crypto proponents speculate it will be amongst the top three market caps in the near future. Crypto proponents have noticed a new top ten crypto-challenger in the world of digital assets, as the Polkadot (DOT) blockchain has recently joined the leading ranks. A…

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Blockchain technology has experienced a lot of growth in the last few years. The immutable peer-to-peer distributed ledger system created by Satoshi Nakamoto was given a little chance to survive at the initial stage. Still, many people are now betting on several blockchain projects. The popularity of blockchain has attracted many experts driven towards technology. According to the report published by Techjury, 90% of European banks explored blockchain in 2019. The blockchain ledger has attracted many professionals, including investors, blockchain developers, and business experts, who have joined many blockchain projects…

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Bitcoin Cash proponents have recently noticed that the last 612 blocks or more than 61% of the last 1,000 blocks have been mined using BCHN, according to Coin Dance statistics. Moreover, data also shows that 82% of Bitcoin Cash hashpower is signaling BCHN, as the prominent miners Btc.com and Antpool have started signaling. BCH fans are patiently waiting as there’s 53 days left until the November 15th Bitcoin Cash upgrade. News.Bitcoin.com reported on September 1, on how there’s a high chance the BCH blockchain will bifurcate into two networks. At…

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A cryptocurrency exchange-traded fund (ETF) by Nasdaq and Brazilian fund manager Hashdex has reportedly been approved to trade on the Bermuda Stock Exchange. Hashdex says the new cryptocurrency investment product tracks the Nasdaq Crypto Index. Hashdex Says ETF Will Track Nasdaq Crypto Index Brazilian fund manager Hashdex confirmed to news.Bitcoin.com on Tuesday that the company is launching a cryptocurrency ETF, co-developed with Nasdaq. A Hashdex spokesperson said that the ETF has been approved by the Bermuda Stock Exchange (BSX), elaborating: The ETF will be available for public trading on BSX…

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Prominent hedge fund manager Paul Tudor Jones’ understanding of bitcoin has come into question since he only invested about 1% of his assets in the cryptocurrency. According to the CEO of Microstrategy, the Nasdaq-listed company that recently invested almost half a billion dollars in bitcoin, Jones would have invested much more if he had really understood bitcoin. Paul Tudor Jones Would’ve Invested More in Bitcoin In an interview with Stephan Livera, published Monday, Microstrategy CEO Michael Saylor shared his thoughts on how his billion-dollar company adopted bitcoin as its primary…

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Singapore, September 23, 2020 – Against the predominantly dim and drab ICO backdrop, smart advertising token SaTT ICO has continued to defy expectations. Alongside its remarkable ICO fundraising, the project is proud to announce yet another exchange listing, this time with the popular global digital asset trading platform ProBit. “We are excited for SaTT to be traded on ProBit Exchange,” declares Ronald Chan, ProBit Exchange CEO. “SaTT will be available for trading against USDT and we look forward to SaTT’s solutions making an impact on the advertising world globally.” Hitting…

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Following the regulatory sandbox approval by Canadian regulators, Wealthsimple announced that it has launched “Canada’s first regulated crypto platform.” The new crypto exchange is regulated by the federal government as well as regulators in 13 provinces and territories in Canada. Wealthsimple Crypto Regulated in All Provinces and Territories in Canada Canadian investment management firm Wealthsimple announced Tuesday that its cryptocurrency exchange has launched. The company explained that Wealthsimple Crypto is “Canada’s first regulated crypto platform” that offers “No minimums or fees for deposits or withdrawals,” elaborating: Wealthsimple has the first…

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Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with the global financial system. However, these concerns are dismissed by Max Keiser, a bitcoin pioneer and a Wall Street analyst who insists that bitcoin behaves differently. Keiser’s latest comments about bitcoin were prompted by remarks made by one Twitter user who questions the commonly held…

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In 2017, the gaming world was revolutionized by the massive success of a simple blockchain game called CryptoKitties. It enabled players to breed and trade unique digital cats via a series of smart contracts on the Ethereum blockchain. That simple concept led to a game that now boasts millions of dollars’ worth of user transactions, spawned a blockchain company that attracted serious venture capital investment, and garnered near-constant media coverage for months after launch. It also showcased blockchain gaming as a force to be reckoned with in the future gaming…

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