Jul 28, 2019 at 12:44
Venezuela Turns Tax Revenues into Bitcoin to Bypass Sanctions
The government of Venezuela has allegedly been spinning airport tax revenues into Bitcoin (BTC) and virtual currency to sidestep international sanctions. From the research made by a Spanish newspaper ABC, the President of Venezuela Nicolas Maduro plus his working admin are allegedly exploiting a virtual currency wallet application to spin tax revenue into popular digital assets, and then traded on cryptocurrency exchanges in different countries including China, Iran, Hungary, Russia, etc.
Jul 06, 2019 at 12:02
Nicolas Maduro Forces Banco de Venezuela to Accept Petro
President Nicolas Maduro of Venezuela, issued an order to Banco de Venezuela (BDV), a global financial institution based in Caracas, to begin accepting the Petro (PTR), the country’s popular oil-backed digital currency. Through the Minister of Finance, the President told the country’s third market leader with a market share for deposits of more than 11.2%, to begin allowing Petro cryptocurrency in all of its functioning branches.
Jun 24, 2019 at 15:27
Russian Ministry of Finance Might Allow Cryptocurrency
The Russian Ministry of Finance discusses the possibility of allowing the buying and selling of bitcoin and other major types of cryptocurrency. The legislators and the finance ministry are preparing to draft a law on the circulation of digital currency in the country, and the idea of accepting their trading is under a serious discussion, however, the final conclusion on this matter has not yet been reached, according to Deputy Finance Minister Alexei Moiseyev.
Bitcoin Trading: 5 Fiat Currencies with Biggest Market Share
Coinhills, a platform that offers real-time prices and indexes of cryptocurrencies based on Bitcoin (BTC) through a user-friendly interface, has published the names of the most traded state currencies for selling and buying bitcoins basing on the data from various currencies, markets and digital asset exchanges listed on the platform.
Blockchain and Cryptocurrency in Asia
The Asia region is known for its contradictory relationship towards blockchain technology plus cryptocurrency and its decentralized nature. Some countries such as China, Japan, Singapore, Hong Kong, South Korea, etc., embrace it for its innovativeness and disruptive potential, while others try to strictly regulate or even ban it.
Challenge Binance? Discover the Mystery of MXC Exchange
In the field of digital currency, things are changing fast in a few years. Huge amount of money is pouring in like a surging tide, showing all kinds of miracles all the time. Speculators interweave with capital and technology. Over time, they merge and blend. One magical hero after another is shaped and praised as a shrine. Then, new faces coming in, catch up in stunning speed and surpass the old players.
Bitcoin Mining Consumes 1% of Global Energy, Report Reveals
The US Senate committee on Energy and Natural Resources issued a document stating that mining consumes about 1% of global energy. On public blockchains, mining embroils the computation of a massive amount of mathematical calculations known as hashes. On a normal day, Bitcoin miners collectively compute over 50 billion gigahashes per second.
Who is the Real Creator of Bitcoin?
Almost every month or every year, a new theory about the real creator of Bitcoin appears. If we are to mention the names of people and companies that are on the list of those claiming to be Satoshi Nakamoto, we would write until the cows come home. As we speak now, another theory has also emerged, but this time it appears to be somehow convincing in the ears of the cryptocurrency participants, as well as making waves in the digital currency world. The theory is about the fiction author Neal Stephenson, signifying that he is actually the true Bitcoin creator.
Cryptocurrency Community in Italy Looks Into Bitcoin Economy
After the protracted bear market for Bitcoin, confidence and optimism has once again returned to the cryptocurrency community. A widespread positive sentiment is now clearly visible in the perspectives of blockchain and cryptocurrency dealers operating within Italy. But what are some of the reasons behind the recent recovery of cryptocurrencies? Most investors have focused on concerns over capital controls in China and most especially on the security race due to global geopolitical tensions, such as the US-China trade war.