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Combating Deforestation with Blockchain in Africa: Everything You Need to Know

The Most Influential People of African Descent (MIPAD) – an African startup tried to address the deforestation crisis in Africa. Through its social impact initiative, the startup intends to assign and plant over 200 million trees across Africa by 2024.  MIPAD’s Ambitious Plans  MIPAD’s CEO and Founder, Kamil Olufowobi, had a conversation with CNN. He revealed that … Continue reading Combating Deforestation with Blockchain in Africa: Everything You Need to Know

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery. As reported by the Korea Times, the income tax department under the Ministry of Economy and Finance recently started reviewing taxation plans for gains from cryptocurrency transactions.  This role was previously … Continue reading South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

There has been a strategic partnership between Dash and Bitfxt, a cryptocurrency exchange based in Nigeria, to allow Nigerians to enjoy remittances at a lower cost. According to the report, this partnership is meant to ensure that Nigeria’s crypto-enthusiasts enjoy remittances at a very affordable rate. While Dash is deemed as a leading digital asset … Continue reading Nigerians Set to Enjoy Remittances at 1% Cost Through the Strategic Partnership Between Dash And Bitfxt

Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Founder of TRON, cryptocurrency entrepreneur Justin Sun had his long-awaited $4.57 million charity auctioned meal with Warren Buffett.  Sun announcedin a Facebook post that he had dinner with Buffett at a private country club in Omaha, Nebraska, in the United States on Jan. 23. Other guests, invitees of Sun, including Litecoin creator Charlie Lee, eToro CEO Yoni Assia, Chris Lee, the CFO of … Continue reading Justin Sun Finally Got His Long-Awaited $4.57 Million Dinner with Warren Buffett

Creating Corruption-Free Ecosystems with Blockchain: A Study

The Roman Empire was one of the greatest successes of human civilization. For most of its 1,000-years plus existence, Rome conquered and expanded across vast swathes of Europe, Asia, and North Africa, creating cultural, architectural, and societal imprints that last to the present day. But such empire, mighty as it was, entered into a decline … Continue reading Creating Corruption-Free Ecosystems with Blockchain: A Study

US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

While blockchain is promoted as being cryptographically secured as the underlying technology for cryptocurrency, exchanges that hold them are still prone to cyberattacks. Two Chinese nationals, Tian YinYin and Li Jiadong were sanctioned yesterday by the US Government for their alleged involvement in laundering stolen cryptocurrency from a 2018 cyberattack against a cryptocurrency exchange. Grand Jury … Continue reading US Court Indicts Alleged Lazarus Group Members in $250 Million Crypto Exchange Theft

Purse.io Closes its Door After Six Years of Operations

In an unprecedented move, Purse.io announced that it would be closing its doors after 6 years of operations. Purse.io was one of the first disruptive successful blockchain startups focussing on retail consumers. Purse.io enjoyed a golden reputation in the market with a high rate of engagement from its users who reportedly spent an average of … Continue reading Purse.io Closes its Door After Six Years of Operations

Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?

Purse.io may be getting a thrown a life line following their shock announcement last week that they would close their doors after six years of trying to bring serious utility to Bitcoin in retail services. Eduardo Gomez, Support Manager for Purse.io took to Twitter to share the news that the loyal Purse userbase had been … Continue reading Purse.io Not Closed Just Yet, Will Bitcoin Jesus be the Bitcoin Startup's Saviour?

Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Infinito, a multi-crypto wallet provider, has partnered with Paxful, peer-to-peer Bitcoin platform, with an aim to offer financial inclusion across the world. Such a partnership sets to see Paxful’s web-based Virtual Bitcoin Kiosk integrated on the Infinito wallet platform. From now, Infinito wallet users can directly buy Bitcoin at the best prices from other crypto users … Continue reading Infinito And Paxful Partner to Accelerate Cryptocurrency Adoption Across the World

Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

As long as other countries are receiving the benefits of Negative Rates, the USA should also accept the “GIFT”. Big numbers! — Donald J. Trump (@realDonaldTrump) May 12, 2020 Trump tweeted out his support of negative interest rates as European Central Banks and the Bank of Japan take their interest below zero.Bitcoin basher and gold … Continue reading Trump Pushes Federal Reserve For Negative Interest Rates, Bitcoin's Anti-Inflation Mechanism Shines

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