Search Results for: 2011

Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners

Since the launch of Petro, Venezuela’s cryptocurrency in February 2018, the government has been trying to expand its use case across almost every activity in the country. To this effect, a tweet from a local news outlet, Venepress, claimed that Venezuela Government would give its Christmas bonus to retirees and pensioners in its cryptocurrency, Petro. … Continue reading Venezuela to Offer Christmas Bonus in Petro Coin to Retirees and Pensioners

European Central Bank Plans to Take the Lead on Stablecoins

The European Central Bank (ECB) has announced its plans to get “ahead of the curve” on stablecoins and accelerate their efforts in the digital currency space. During her debut press conference on Thursday, the new ECB President Christine Lagarde urged the ECB to take the lead regarding stablecoins, citing increased interests in the space from … Continue reading European Central Bank Plans to Take the Lead on Stablecoins

Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

On the second day of the Asian Financial Forum (AFF), Prof Abhijit Vinayak Banerjee, the winner of the Nobel Prize in Economic Sciences will deliver a keynote speech on financial inclusion. Banerjee won the esteemed prize along with fellow MIT economist and spouse Esther Duflo and Harvard Academic, Michael Kremer. What is Financial Inclusion? Financial … Continue reading Nobel Laureate Prof Banerjee – Applying RCT to Financial Inclusion

Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?

The Bitcoin Satoshi Vision (BSV) price chart is peculiar to analyze. Given the state of cryptocurrency investment, it is safe to say that a large influencer of crypto value is derived from speculation, and BSV is plagued by speculation as its chain leader, Craig Wright, continues to claim that he is Satoshi Nakomoto—the anonymous original … Continue reading Is the Price of Bitcoin Satoshi Vision (BSV) Driven by Fake News?

Blockstream Samson Mow on Scalability: Bitcoins are Tanks while Altcoins are Bicycles

Towards the end of 2017, the cryptocurrency market was in a state of delirium. Bitcoin set record price after record price and reached a peak of around $20,000 USD per token. During this market frenzy, a huge issue long-suspected by educated developers was finally revealed—the bitcoin network had become overloaded and was running against the … Continue reading Blockstream Samson Mow on Scalability: Bitcoins are Tanks while Altcoins are Bicycles

Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

A Bitcoin wallet address said to be associated with the now-defunct Mt. Gox Exchange holding an estimated 80,000 Bitcoin worth around $800 million, is said to be untouched revealed by a sourceon Feb 17. The asset is shown to have remained untouched since the days after the hack of the once renowned exchange. With the … Continue reading Forbidden Wealth: 80,000 Bitcoin Abandoned for Nearly a Decade

New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

According to a Bloomberg report, Greenidge Generation power plant in New York has learned to do things differently as it’s currently using electricity to mine about $50,000 worth of Bitcoin on a daily basis. Atlas Holding, the private equity firm that owns the facility, installed some 7,000 crypto mining machines in its power plant in … Continue reading New York-Based Power Plant Greenidge Generation Mines $50,000 Worth of Bitcoin on a Daily Basis

Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

Crypto Titans is an interview series created by CoinMarketCap to explore the minds of progressives within the cryptocurrency community. Recently, they interviewed with Sunny King, the inventor of proof – of – stake consensus mechanism and Peercoin, Primecoin, and most recently, V SYSTEMS. Despite his wishes to remain private, King shared his crypto origin story … Continue reading Proof-of-Stake Founder Sunny King, on his Crypto Journey Inspired by Elon Musk and Steve Jobs

Understanding the Market Structure of Oil and its Correlation with Bitcoin

Market Highlights  The price of crude oil dropped below zero for the first time in history.  Sellers were paying buyers to make deliveries of crude oil in a move to evade the possibility of sustaining storage costs.  Demand for oil has reduced so much that all the storage facilities are at overcapacity with no interested … Continue reading Understanding the Market Structure of Oil and its Correlation with Bitcoin

Blockchain for Gun Control in the US: The Great American Dilemma

August 1, 1966, began just like any other day in the town of Austin, Texas. Summer weather in the Lone Star State is bone dry, scorching, uncomfortably hot, with a daily average of 96.3F. August 1, 1966, was, in fact, the hottest day of that month, as daytime temperatures reached 104.9F. The sun blazed high … Continue reading Blockchain for Gun Control in the US: The Great American Dilemma

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