Dec 20, 2018 at 12:29
News
Central Banks of 15 Diverse Countries are Ready to Embrace Cryptocurrency
A report published by the International Monetary Fund (IMF) outlines that 15 different countries are considering joining the global fintech trend and adopting central bank digital currencies (CBDC) as a method of payment. The IMF has emphasized two main reasons for such a decision in the report.
Dec 17, 2018 at 12:13
News
LinkedIn Publishes Report on the Most Wanted Positions by Employers
LinkedIn has published its annual “Emerging Jobs Report” analyzing the data from Economic Graph and job opportunities companies posted on the social platform. It turned out that the top place is taken by the role of blockchain developer, as its demand has risen by 33 times over this year.
Dec 12, 2018 at 12:08
News
Indian Government Panel Proposes Deeming Virtual Currency Dealings Illicit & Illegal
Putting conjecture on cryptos such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) to an end, a government panel has proposed formulating a new strong law that will regulate that field, according to sources familiar with the matter. The panel revealed that all those currencies must be deemed ‘illegal,’ CNBC TV18 reported on Friday, December 7, 2018.
Nov 27, 2018 at 15:17
News
Ohio Ready to Accept Bitcoin for Tax Bills
The 'Buckeye State' is ready to be the first State in the country to accept crypto, specifically Bitcoin (BTC), for payment of tax bills, according to The Wall Street Journal report on November 26. This comes after BTC and other major cryptos have depreciated value over the past week. On Monday, November 26, 2018, BTC was trading below $4,000, down over 80% since the December 2017 all-time-high of around $20,000.
Nov 17, 2018 at 08:31
News
Crypto Bear Market: Ethereum GPU Mining is no Longer Profitable, Analysis Shows
The mining of Ethereum using a graphics processing unit (GPU) is not profitable anymore, as revealed by Susquehanna, a U.S-based world trading & technology company. According to a report by CNBC on November 13, 2018, Susquehanna's data shows that the prolonged decline in digital currency markets and slumping network hashrates is the main reason for the profit reduction.