The National Deputy of Paraguay, Carlitos Rejala, has confirmed that they are planning to discuss the Bitcoin (BTC) legalization in the next month. Similar intentions have been signaled by various Latin American politicians after El Salvador’s advanced step of adopting Bitcoin to be used legally. The list of countries that are most likely to announce…
According to recent reports, TSB is going to take actions that will prevent its clients from buying crypto from Binance and Kraken because of the abysmal safety standards of the crypto exchanges. Many banks are making it impossible to buy crypto primarily because of fraud and security concerns. TSB is deeply concerned by the high…
Just recently, the two billionaires and tech gurus have found themselves as one of the hottest topics in the cryptocurrency industry. The founder of Twitter and Square, Jack Dorsey is reportedly having an exchange of arguments with the founder of Tesla and SpaceX, Elon Musk. There is currently a heated up conversation taking place between…
It has not long ago when El Salvador had passed a rule about cryptocurrencies. As a result, cryptocurrencies and Bitcoin (BTC) now have legal status in El Salvador. Although it has not been much of a time since that happened, El Salvador has already fast-tracked the adoption of Bitcoin (BTC) and altcoins in the country….
Partner to a $4Billion Chinese Investment Company and long time Bitcoin Holder has said that Bitcoin is a much better asset to stay with than Gold. According to a tweet from Chinese Bitcoin Outlet, it stated that Andrew Y. Yan, founder and managing partner of SAIF Partners has been keeping a wealthy inventory of Bitcoin…
Globally acclaimed Economics Professor Steve Hanke, who is currently teaching the subject at Johns Hopkins University, has thoroughly examined Bitcoin’s Legal Tender proposal of El Salvador. He has criticized El Salvador as well as Bitcoin because he thinks that Bitcoin will ruin the country’s economy. He denied that crypto has some package for countries that…
The Securities and Exchange Commission of the United States issued a memo that allows for the public to comment on the rule change proposed around the BTC Exchange-traded fund from VanEck, an asset manager. Based on a filing from the SEC on Wednesday, the agency has not reached a concrete decision on whether they would…
Cryptocurrency mining is reported to have a major carbon footprint as its emissions are on the same level as major power plants and factories. This became a fuelled topic of concern after Elon Musk refused to accept Tesla investments in the form of bitcoins because of the environmental concern. The Tesla CEO changed his stance…
Nayib Bukele kept his promise and started to venture into Bitcoin mining and said that his country is volcano enriched and he will use these volcanoes to produce energy sources and then utilize that energy for Bitcoin mining. Engineers in El Salvador have already begun their work and have developed a well at a volcano…
After returning home from the conference, some attendees from the 2021 Bitcoin conference in Miami over the last weekend have tested positive for the COVID-19 virus, which generated a negative media spread and speculation from the public that the event might spread the virus massively. The Bloomberg channel referred to the event as a “COVID…
Xinjiang area in China had recently shut down Bitcoin mining industry and operations carried out in the region. Now a provincial authority in the Province of Qinghai, China, too has asked Bitcoin miners to immediately cease and desist from any mining activities immediately. Failing shall entail legal consequences along with the imposition of hefty fines….
A gamer at Bitcoin.com, who came out as the winner, earned the chance of winning not one but a total of 5 Bitcoin units. Sun of Fortune: Hold the Jackpot, is the newest online game that has been introduced at the platform of Bitcoin.com Games. In order for the promotion of the game, Bitcoin.com Games…
An announcement has been made from the platform of the US Department of Justice (DOJ) in which the agents of the FBI have revealed the seizing of Bitcoins worth US$ 2.3 Million. FBI informs that the funds actually belonged to Colonial Pipeline which had actually paid the same to hackers as ransomware payment. DAG Lisa…
There has been a violent increase in the number of attacks made on various cryptocurrency exchanges and protocols as of late, with the more infamous ones being centred around the likes of PancakeBunny, BurgerSwap, JulSwap and so on. While these ones had been based on flash loan exploits, ransomware-based attacks have increased in volume as…
Ever since the beginning of 2021, mainstream institutions have started rejecting Bitcoin (BTC) mined through high carbon-emitting energy sources. This is because the carbon-emitting energy sources are the reason the world is facing global warming. Therefore, the mainstream institutions are not willing to purchase and acquire Bitcoin (BTC) until or unless it has been mined…
According to the latest reports, Panama is also set to become a Bitcoin Pro country in the coming days. Since the beginning of 2021, Central American cities have shown great interest in the adoption of Bitcoin (BTC). Prior to Panama, it was El Salvador from the same Central American region that had announced its interest…
A month ago, Tesla uncovered it was suspending Bitcoin installments for its vehicles because of the energy utilization needed to mine the resource. The declaration incited a lofty drop on the outlines, with numerous different monetary standards following. Daymak, notwithstanding, has no such doubts and is tolerating any semblance of Bitcoin, Ethereum, Doge, and Cardano,…
West Midlands County’s industrial zone was raided by local police in the UK for searching cannabis sites in the area. Although, the raid could not find any cannabis sites, yet the raid led the police to illegal Bitcoin mining centers. The mining center was established illegally and was illegally utilizing the electricity meant for consumers….
The issue of Bitcoin consuming a large amount of electricity and putting in danger the environment has become serious than ever before. It is said and argued by the majority of people around the world that Bitcoin has garnered two further major problems in recent times. They were referring to the already known issue of…
The CEO of the precious metal company, Metalla Royalty & Streaming – Brett Heath – voiced her opinion on cryptocurrency. He believes that crypto will be the next financial crisis to happen. Furthermore, he juxtaposes the industry with the mortgage crash that happened in 2008 and the tech collapse in the early 2000s. Crypto Will…
