Paxful knows that Bitcoin in Africa is making a difference, as is evident by a South African business school now accepting the virtual currency for tuition. There are a number of factors that can help determine one’s success, such as determination, education, wealth, intelligence, and even luck. Out of these factors, education is often the one that most people have trouble with. They may lack the time, money, or opportunity to gain a proper education to give them a head-start on financial success. Gaining access to higher education is difficult…
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Australian Regulations for Cryptocurrency Exchanges Introduced
Australia’s new legislative guidelines for the operation of cryptocurrency exchanges were introduced on the 3rd of April 2018. From now on, Australian digital currency exchange businesses will be required to register and comply with anti-money laundering/counter-terrorism financing (AML/CTF) laws. Also Read: Companies Outsource Marketing to India Amid Ban on Crypto Ads Australia Introduces AML/CTF Requirements for Cryptocurrency Exchanges Australia’s new regulative apparatus pertaining to cryptocurrencies has formally been adopted as law, mandating that digital currency exchange businesses comply with the country’s AML/CTF requirements. Cryptocurrency exchanges must now register and report to…
Read MoreBitmain Unveils First Public Ethereum ETHhash ASIC Miner
Bitmain has announced the release of the first Ethereum ASIC which is set to disrupt the Ethereum mining scene. Bitmain just announced on Twitter that the first widely available ETHhash ASIC will be on sale. This announcement comes after a lot of talk about Ethereum’s future with ASICs, proof of stake and a hard fork which would limit the use of ASICs on the Ethereum Blockchain. According to the Bitmain shop page, the ASIC, called the Antminer E3, will run for around $800 USD and will have a hashrate of…
Read MoreOur Love and Hate Relationship with Bitcoin Miners
It’s coming close to a decade since the creation of the bitcoin network and the cryptocurrency ecosystem. The protocol has produced a great deal of users, infrastructure, businesses and influential parties like developers and miners. Since the beginning of bitcoin’s mining history, individuals mined lots of coins with central processing units (aka home computers). Later, characters like Artforz started the graphics processing unit (GPU) arms race, a moment in history that eventually led to a world of application-specific integrated circuit (ASIC) mining which changed the game significantly. Also read: Trezor to…
Read MoreOTC Cryptocurrency Desks Trade Billions Over Skype
Big players in the cryptocurrency space have set up their own private network for OTC trading, buying and selling billions every month among their little club. And instead of using Bloomberg, Symphony or anything of that caliber usually employed by traders on Wall Street, they just Skype it. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company Trading Billions via Skype A small group of about twenty over-the-counter (OTC) traders and clients including big investors, miners, payment processors and hedge funds, has reached a monthly trading volume worth billions…
Read MoreTop 7 Cryptocurrency Podcasts That You Can’t Afford to Miss
When you’re trying to learn about bitcoins and altcoins and struggling to make sense of the latest cryptocurrency news, you really don’t want to work too hard. You want to be able to get a grip on the issue quickly and make some smart investments. The easiest way to do that is to make listening to a cryptocurrency podcast a regular part of your routine. Here are seven of my favorite cryptocurrency podcasts that I listen to on a regular basis. Bad Crypto Travis Wright and Joel Comm both have long…
Read MoreNever Miss Any Critical Bitcoin Related News Again With This Easy Guide
A number of social media networks, forums and platforms have been cracking down on bitcoin-related news stories recently. This desire to protect users against cryptocurrency scams is also hurting legitimate voices. So join the hundreds of thousands of dedicated news.Bitcoin.com followers – using a variety of tools – to make sure no monopoly can ever limit access to this vital information. Also Read: Reddit Removes Bitcoin Payment Option, Censors Darknet Forum Telegram Telegram is a relatively new messaging service, but a tool you are probably already familiar with if you…
Read MoreCompanies Outsource Marketing to India Amid Ban on Crypto Ads
The outsourcing of advertising is becoming a promising opportunity for many marketing firms in India. Restrictions on crypto ads, imposed by giants like Facebook and Google, are forcing crypto businesses to seek alternative ways to reach customers and investors. The high cost of these services globally is pushing more companies towards the Indian market. Also read: Russian, Chinese, Korean Associations to Sue Internet Giants Over Banned Crypto Ads Agencies in India Ask for Less and Take Crypto Companies trying to establish themselves in the crypto sector and raise funds through…
Read MoreCEO Mike Zevakin: ‘Exenium Improves on Every Aspect of a Traditional Cryptocurrency Exchange’
Exenium has garnered worldwide attention of late as their innovative new trading platform – a fully functional cryptocurrency exchange in a chat-bot – has caught the interest of the entire crypto community. Bitcoinist sat down with Exenium CEO Mike Zevakin to learn more about the project and find out how they put so much security and functionality into such a tiny package. Bitcoinist: Where did you get the idea of building a crypto exchange in the form of a messenger chatbot? MZ: We saw a few services for exchanging cryptocurrency…
Read MoreMarkets Update: Cryptocurrency Prices See Some Slight Recovery
The price of bitcoin and a slew of other cryptocurrencies have started to see some slight recovery on Tuesday, April 3rd’s morning (EDT) trading sessions. The entire economy of over 1,500 different cryptocurrencies has increased in value surpassing a $278 billion market capitalization with 5-20 percent gains. Also read: Huobi’s Sentiment Index Shows Cryptocurrency Investors Still Bullish Some Brief Market Recovery Over the last few days, cryptocurrency markets have been nurturing losses as digital asset values slid significantly. Currently, the entire crypto-economy is trading $13.1Bn USD in 24-hour volume, and most…
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