Month: September 2020

Huobi Launches Trading App for Russian Users

Huobi Launches Trading App for Russian Users

Huobi cryptocurrency exchange has introduced a trading app targeted entirely at the Russian market. The Huobi app allows Russian traders to get access to various trading pairs along with different trading methods, such as limit and market orders. The app also provides users with price alerts, candlestick charts, real-time prices, 24/7 customer support.The app is […]

Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’

Venezuela Legalizes Crypto Mining. Miners Must Join ‘National Pool’

The government of Venezuela has legalized cryptocurrency mining with the caveat that all local miners have to obtain licenses from the government and to be supervised by regulators. There have also been legalized available for mining data centers and mining equipment. Bitcoin and altcoin mining was legalized according to the decree of the head of National […]

Russia’s New Crypto Laws Require Users to Declare Their Wallets

Russia’s New Crypto Laws Require Users to Declare Their Wallets

Russia’s Finance Ministry (Minfin) has prepared a new draft bill on the  cryptocurrency regulation that enforce stringent measures regarding the usage of crypto wallets, local outlet Kommersant reported today. According to the draft bill, any legal entity or individual that received more than 100,000 rubles ($1,300) worth of crypto per year must report their wallet […]

Over 100 Million People Worldwide Use Cryptoassets

Over 100 Million People Worldwide Use Cryptoassets

Over 100 million people worldwide use cryptocurrencies, according to the recent research from the Cambridge Centre for Alternative Finance.  As of the 3rd quarter of 2020, 101 million users opened 191 million accounts on cryptocurrency exchanges, compared with 35 million users with 139 million accounts in 2018. “This 189% increase in users may be explained […]

Samsung to Test Blockchain-powered Medicine Distribution Management

Samsung to Test Blockchain-powered Medicine Distribution Management

Samsung SDS has unveiled its plans to test series of projects for blockchain-powered medicine distribution management this November. The tests are aimed at ensuring transparency of pharmaceutical products tracking. Dubbed “Disruptive innovation technology for tracking drug distribution history,” the Samsung’s pilot programs were announced at the BioPharma Cold Chain Logistics session in Seoul, South Korea. The […]

Leading Crypto Assets Association Adds Visa, Goldman Sachs to its Board

Leading Crypto Assets Association Adds Visa, Goldman Sachs to its Board

The Chamber of Digital Commerce, the world’s leading crypto assets advocacy group has added Goldman Sachs Group Inc, Visa Inc, and SDX Digital Exchangeto its executive committee. The association also listed former Acting White House Chief of Staff Mick Mulvaney to its board. The Chamber of Digital Commerce will now have pluralism of opinion that […]

Christie’s to Auction Part of Bitcoin-Inspired Artwork

Christie’s to Auction Part of Bitcoin-Inspired Artwork

Christie’s is set to sell one painting from Robert Alice’s “Portrait of a Mind,” a monumental series of 40 paintings carrying a transcription of the code behind the Bitcoin blockchain Christie’s will sell one painting from the series, “Block 21 (42.36433° N, -71.26189° E),” as part of its “Post-War and Contemporary Day Auction” on Oct. […]

Crypto ATMs increase by 87% in 2020 | News

Crypto ATMs increase by 87% in 2020 | News

The total number of Bitcoin ATMs has passed to 10,000 worldwide, increasing by 87% per cent this year, to data from cryptocurrency analytics firm AksjeBloggen. This reflects an increase in cryptocurrency adoption amid the ongoing pandemic. In total, nearly 3,900 new bitcoin ATMs were installed by operators all across the world from September 2019. Сurrently […]

Twitter Introduces Set of Security Updates After the Infamous Hack

Twitter Introduces Set of Security Updates After the Infamous Hack

Social media giant Twitter has unveiled set of security updates, installed ahead of the US elections. The changes were made after the social media giant suffered a major security breach in June. All “high-profile” and election-related accounts were notified and were required to carry out additional security measures to protect their credentials. The accounts would […]

Just Eat’s France Subsidiary is Now Accepting Bitcoin

Just Eat’s France Subsidiary is Now Accepting Bitcoin

Just Eat, the UK’s online food delivery company, has partnered with bitcoin payment service provider Bitpay to accept cryptocurrency payments in its France subsidiary. Customers are now able to order and pay with bitcoin for food from over 15,000 restaurants in France. To make an order users have to download Just Eat application, link the […]