The province of Québec is known for a lot more than just its poutine and coffee. In fact, Québec has quickly become one of the top locations for cryptocurrency farming. This has caused the province to become flooded with cryptocurrency mining operators from all over the world. While this might sound like it would be good…
The past week was pretty major for both the cryptocurrency and blockchain sector. Why? Because two big-league companies (Amazon and Starbucks) hinted at incorporating either a virtual currency or blockchain technology into their corporate models. Will Amazon (NASDAQ:AMZN) Create an Amazon Cryptocurrency? On February 27, LendEDU conducted a study which asked 1000 Amazon customers if…
The United Kingdom is really cracking down on the cryptocurrency sector. While other countries and their central banks are welcoming virtual currencies with open arms, the UK Central Bank is putting its foot down. What Happened? Over the past two months, we have seen a lot from the UK regarding cryptocurrencies. First, Prime Minister Theresa…
Some countries in Europe are against cryptocurrencies, while others are infatuated with it. The latter now includes Liechtenstein, which is a German-speaking country in Europe. More specifically, there’s a family-based bank – Bank Frick, in Liechtenstein that has decided to put all of its eggs into the crypto basket. Bank Frick The world was informed…
The United Nations exploring blockchain technology is a step in the right direction. What Happened? On Thursday, the world was informed that a cryptocurrency wallet startup, ‘Blockchain’, has partnered with the United Nations to look into the various applications of blockchain technology. More specifically, the U.K.-based startup and the United Nations will be looking into…
There’s a lot to discuss when it comes to the cryptocurrency sector. Price growth remains at the top of the list, with regulation coming in a close second. As for me, I’ve been looking into issues that have arisen from cryptocurrency farming. There’s one country, in particular, that is really struggling from this and that’s…
Bitcoin (BTC) price jumped substantially last month after finding support around $6,000 in early February; the solid Bull Run in prices was supported by lower than expected regulatory actions from the U.S. and South Korean authorities. Though analysts and regulators had issued several bearish predictions last month, bulls successfully kept prices around $10,000, and they…
Bitcoin price continues to move here and there amid speculations and price manipulation; the largest cryptocurrency is up sharply from the lows seen during the weekend – leading the broader market rally by a wide margin. Its price climbed as much as 9% in the early trading on Tuesday before retreating later in the session,…
Cryptocurrencies have faced some harsh scrutiny over the past couple of months. From crackdowns in China and Texas to ICO scams and market slumps, digital currencies are becoming increasingly infamous. And now, Microsoft co-founder Bill Gates has voiced a particularly startling criticism of the technology. In a Reddit AMA (Ask Me Anything) today, the software…
The Economic Times of India’s Global Business Summit took place this week, and it was inevitable that the cryptocurrency sector was going to be one of the topics discussed at length. What wasn’t foreseen, however, was Apple co-founder Steve Wozniak coming forward and saying he was a victim of a bitcoin scam. It’s been known…
