ChainLink is a decentralized data oracle network connecting smart contracts to credible, real-world data. To put it simply, ChainLink is a trustworthy middleware between blockchain smart contracts and external data sources. A decentralized oracle network employs multiple data inputs. This eliminates any single point of failure in smart contracts and …Read More »
Female Crypto Influencers Get Banned On Instagram – Why?
Female cryptocurrency experts and influencers speak out regarding gender inequality in the industry, only to end up banned on Instagram. What has actually happened?Read More »
Ukraine Is Considering to Use Nuclear Power Plants for Mining Cryptocurrency
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 …Read More »
Discovering Ethereum: What Can It Do For Your Business?
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 …Read More »
Binance to Support the Faster Payments Scheme in the UK
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 …Read More »
High Court Order to freeze £665k in Bitcoin held at Bitfinex [Bitcoin court case]
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 …Read More »
Bill to Exempt Small Crypto Transactions from Taxes Returns to US Congress
Bill to Exempt Small Crypto Transactions from Taxes Returns to US Congress A new bill that exempts small crypto transactions from the capital gains tax is expected to return to Congress for additional deliberations. The bill has been in the works for years and has been pushed through by a Washington-based non-profit dubbed the Coin Center. Titled the Virtual Currency Tax Fairness Act of 2020, the bill …Read More »
Bitcoin Surpasses $9,000: What Does This Mean?
Bitcoin Surpasses $9,000: What Does This Mean? Bitcoin has finally surpassed the $9,000 mark. The cryptocurrency spent two days on the high $8,000s hitting $8,700 at some point. But the prices surged later in the day by nearly 3%, surpassing$9,000 for the first time in two months. Nonetheless, the crypto …Read More »
XRP Evolves, Big Day for BitPay and Ripple Partnership
San Francisco, CA – Ripple and BitPay partnership is heading up into new heights as Ripple’s XRP is starting to increase its reach in other outlets. It might be a little early to celebrate just yet, but XRP is set to have a significant upward move as 2019 ends. BitPay …Read More »
PayPal Exits Facebook Crypto Group, Can Libra Manage?
Washington, D.C. – PayPal recently announced it is dropping its support to the Facebook backed Libra Association. The company gave a statement, Friday, on its decision to forgo any and further association with Libra, and shifting their time and efforts into advancing their existing business priorities and missions. The decision …Read More »