Category: Uncategorized

Cryptocurrency users continue to complain about unfair fees imposed by payment processors, with one calling out BitPay for charging a 0.2% transaction fee. BitPay ‘Lying About Network Cost’ During a purchase from Canadian merchant Newegg, which users BitPay as a processor, developer Jorge Timon additionally criticized BitPay’s practice of implying altcoin Bitcoin Cash (BCH, also known as ‘BCash’) is the same as Bitcoin (BTC). “Sad to see BitPay lie about ‘network cost’ of both bitcoin and bcash (also sad to see they contribute to confuse newbies by calling bcash bitcoin).…

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A French company named Qarnot has released a new home heater called the “Crypto-Heater or QC-1” that heats a room in your home while mining cryptocurrencies. The startup says with the two graphics cards embedded in these home heaters people can “make heating a source of revenue, not an expense.” Also read: Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” Drop 80% Mining Cryptocurrencies While Heating Your Home The use of cryptocurrency mining produces a lot of heat while mining rigs churn away difficult math problems 24-7. Some people have devised…

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The last month has seen a spate of high profile forks, as zclassic (ZCL), eth classic, and litecoin have all split to create new coins. Each of these has a shared history with its parent chain. In the run-up to the fork, many investors bought in hoping to claim their free dividend, or simply to chase the pump expected to push prices higher. They’ve since discovered that there’s no such thing as a sure thing in crypto, with all three coins dumping ahead of the fork, leaving investors nursing heavy…

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Singlepoint has launched a bitcoin payment solution for the cannabis industry. The company also plans to launch a cryptocurrency exchange in the upcoming months as well as a crypto wallet which will be ready for testing in the next weeks. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Singlepoint’s Bitcoin Solution Publicly-traded holding company Singlepoint (OTC:SING) has announced the soft launch of its Singleseed bitcoin payment solution. A subsidiary of Singlepoint, Singleseed is a B2B provider of cannabis-based technology services, including payments, marketing, and web development. Singlepoint…

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Ripple has already made waves with a flood of major partnerships and deals. Now, the third most valuable cryptocurrency by market cap has brought in a marketing strategist to help cement the company into mainstream consciousness. Major Marketing Push Ripple is a complex beast, complete with a slew of major partnerships, a stack of newly-penned deals, a suite of in-house technologies, and a digital asset (XRP) which has seen some extreme volatility. As a next step in the evolution of Ripple, the company has hired a chief marketing strategist to…

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From wrecking the environment to making it harder to search for alien life, cryptocurrency mining has been blamed for a multitude of sins. But to cause time itself to slow down is a fresh charge and one which, on the surface, sounds impossible. Something strange is happening in Central Europe right now: clocks are running slow, and not by fractions of a second, but entire minutes. Could large scale crypto mining be responsible or is it being made a convenient scapegoat? Also read: New Study Looks at the Cost to Mine…

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Last week officials from the small town of Plattsburgh New York filed a moratorium request against bitcoin mining operations that currently reside in the town and future mining endeavors. The proposal was issued by the Mayor’s office and cites concerned over electricity use and energy consumption. Also Read: From ‘Attack’ to ‘Optimization’ — Slush Pool Reveals ASIC Boost Compatibility A Moratorium Filed Against Bitcoin Miners in Plattsburgh A few Plattsburgh politicians are concerned about bitcoin mining operating within the borders of the small American town. The town’s old paper mill is…

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ZeroEdge.Bet, a start-up that is building a blockchain based online casino network, is expanding its reach and will be opening brand new offices in London. The move was prompted by the unprecedented growth of business, ahead of the proposed ICO dates later this year. The ZeroEdge team are extremely excited to meet fans and followers of the Zero Edge online casino network when their new offices open within the next few weeks. The team, comprised of a range of experts in their respective fields including online gaming, cryptocurrencies, marketing, support,…

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Some businesses in India believe that they have found a loophole in the finance minister’s speech that sought to clamp down on the use of cryptocurrencies. While this loophole may allow startups to accept bitcoin without breaking the law, experts question its viability. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies The Loophole Indian finance minister Arun Jaitley. As the Indian government is working on the regulatory framework for cryptocurrencies, startups in the country are finding a way to accept bitcoin and other cryptocurrencies without breaking the…

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The Japanese financial regulator has punished seven cryptocurrency exchanges in the country, suspending the operation of two of them. “The agency fears another Coincheck-style hack,” it stated after recent inspections of all crypto exchanges in Japan revealed inadequate measures for customer protection. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies FSA Punishes Seven Exchanges The Japanese Financial Services Agency (FSA) announced on Thursday that it had “punished seven cryptocurrency exchanges, ordering two of them to suspend business, in an effort to shore up consumer protection,” Reuters reported.…

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