Global Stories

Ukraine’s Ministry of Energy is currently dealing with a surplus in energy produced by nuclear power plants of the nation as a result of the lockdown in the country. With that in mind, they believed that utilizing nuclear power plants for mining cryptocurrency can be one of the best ways …

Good news, an antibody test for coronavirus or COVID-19 has been developed by UK scientists. According to the scientists, with this test, results will be released with an accuracy of 99.8 percentage. Edinburgh researchers at blood-screening company Quotients have created a kit to find out if persons are invulnerable to …

One of the heaviest words that you may possibly hear in your life is HYPERINFLATION. This word refers to a very simple breath that bears with an overwhelming amount of historical and trauma and significance. The fall of the first-ever American currency distributed by the Continental Congress as well the …

Companies, more specifically, the largest ones are becoming bigger and bigger. But startups are disappearing, brick-and-mortar shops are having a hard time financing only to make it to the following month, whereas the mid-size players are running in fumes. All of these add up to the sobering challenges for the …

Discovering Ethereum: What It Can Do For Your Business? Founded by Vitalik Buterin, Ethereum is the second-largest cryptocurrency technology in the world. Although relatively new, having emerged in the year 2015, Ethereum is the primary competitor of bitcoin and has a significant amount of crowdfunded money. Ethereum Offers More Than …

As the Covid-19 pandemic rages across the globe, IBM helps fight the battle of shortages in the medical supply chain by bringing in new technology solutions called the IMB Rapid Supplier Connect. This tech is a blockchain-based network that is designed to help the government and healthcare organizations to identify …

Investment bank giant JP Morgan Chase is currently offering a variety of small businesses financing options to help them through their entrepreneurial ventures amidst the COVID-19 crisis. Financing from the bank includes short terms lines of credit to fill working capital needs, business loans for larger investments and capital for …

Binance, a cryptocurrency exchange company that offers a trading platform to more than a hundred cryptocurrencies, has recently added two new features in its platform. First, the company now supports UK’s Faster Payments Scheme also known as FPS using the British pound currency (GBP) for transfers. Secondly, it has included …

The UK’s high court has issued an order demanding Bitcoin exchange Bitfinex to freeze $860,000 in Bitcoin payments sent to ransomware hackers through the platform. A huge portion of the money came from a ransom paid by a Canadian insurance company that had to part with $1.2 million after it …

The United States Internal Revenue Service has implemented an effective taxation mechanism on all crypto assets. In essence, every time a person makes a purchase or an exchange using a digital currency, they are exposed to major taxations compared to people who use normal fiat currencies.   Many analysts have argued that this brutal tax regime has been one of the …