Bitcoin Crosses $10,000 Mark, Then Tumbles Back Down Again
Bitcoin recently made quite a rally after hitting the $10,000 in the market, only to tumble back down within the next few hours. Cryptocurrencies like bitcoin are well-known for their volatility. That volatility was once again on display recently after bitcoin reached $10,000 in value, reaching as much as $10,450 in a number of exchanges. […]
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As Coronavirus Pandemic Surges, So Does Cryptocurrency Wallet BRD’s downloads
With more than half of the world in lockdown due to the coronavirus pandemic, people are starting to shift into digital platforms for almost every aspect of their lives. Recently, cryptocurrency platforms are enjoying massive downloads as people are turning into digital financial solutions. Cryptocurrency wallet BRD is one of these services enjoying the recent […]
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Supercomputer Hacking Frequents in Europe Due to Crypto Mining
Several supercomputers were infected with cryptocurrency mining malware across Europe this week. The infected supercomputers have shut down to investigate the invasion. The security incidents have been reported in the United Kingdom, Germany, and Switzerland. It is rumored that the same intrusion happened at a high-performance computer in Spain. Who was attacked? The first report […]
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Industry Experts Warn About Russia’s Crypto Iron Curtain
Russia’s cryptocurrency industry is fighting against a number of legislations that will it difficult for them to continue operating within the region. Experts warn that if these legislations ever pass, it might compel the superpower to launch a crypto iron curtain in the region. Several Russian legislators are introducing a number of bills with regards […]
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The Future of Healthcare is Blockchain
With majority of the world reeling to the effects of the coronavirus pandemic, tech and medical experts are scrambling to find a cure. While medical experts estimate that it will take until the end of the year develop a cure, tech experts are using new technologies to help in finding one. One particular piece of […]
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Bank of Russia Mortgage Issuance May Soon Adopt Blockchain Technology
Blockchain technology is widely praised for its security and redundancy features. Because of this, the technology is used by many critical infrastructures like banking. Recently, the Bank of Russia is considering adopting the technology to secure its mortgage issuance system. The Russian central bank is planning to move all of its mortgage records into Masterchain, […]
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Samsung Expands Bitcoin Support on its Smartphones
Samsung is expanding its cryptocurrency operations. The South Korean tech giant recently announced that it is integrating support for cryptocurrencies like bitcoin into its smartphones. Samsung confirms that it has struck a partnership deal with cryptocurrency exchange firm Gemini. The partnership will integrate Gemini technologies into Samsung’s smartphone lineup which will allow users to easily […]
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India Central Bank Clears Confusion Over Banking With Cryptocurrencies
India’s central bank recently clear the confusion with regards to banking with cryptocurrencies. The central bank confirms that commercial banks can provide banking services to companies and traders who are dealing with various cryptocurrencies. The Reserve Bank of India confirms on Friday that there are no regulation that prohibits commercial banks in doing business with […]
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Coinbase Acquires Trading Firm Tagomi in Effort to Boost Trading Division
Coinbase recently announced that it is acquiring Tagomi, a trading platform that specializes on cryptocurrency. This is part of Coinbase’s effort to further boost its cryptocurrency trading platform. People with insider information about the deal claim that Coinbase is paying between $75 to 100 million to acquire Tagomi. The crypto trading platform was founded just […]
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Tencent Eyes Blockchain Technology With $70 Billion Investment
Chinese tech giant Tencent recently confirms that it is planning to invest $70 billion in technology companies. This massive investment will also include blockchain technology, and possibly its own digital currency. Tencent says that the company is looking to invest into “new infrastructure.” The company is well-known for developing the popular messaging platform WeChat. While […]
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