Venezuela’s much anticipated (yet highly controversial) oil-backed digital coin – the ‘Petro’ token – is coming soon. On Tuesday, Venezuela President Nicolas Maduro announced that the crypto-crazed country will begin the pre-sale of its new Petro token starting on February 20, in an attempt to alleviate an economy that has been hit hard by inflation…
The Blockchain Revolution: Blockchain technologies are changing businesses around the globe. Professional services, banking institutions, technology companies, resource industries and discrete manufacturing industries are expected to invest significantly – according to reports, spending from companies on blockchain networks are expected to double this year. Compared to last year, the blockchain revolution is gaining momentum.
This week, a Turkish soccer team, Harunustaspor use bitcoin to sign their newest player. The tiny Turkish soccer team has become the first in the world to purchase a payer using Bitcoin (BTC) or any cryptocurrency, making history. Club president Haldun Şehit proposed the deal, which amounts to a total of $1,197 USD, to player Ömer Faruk…
In an announcement released earlier this week, Facebook has confirmed it will no longer carry advertising for Initial Coin Offerings (ICOs) and cryptocurrencies. Said Facebook Product Management Director Rob Leathern. “Two of our core advertising principles outline our belief that ads should be safe, and that we build for people first. Misleading or deceptive ads…
If closing its platform and being hit with a lawsuit weren’t enough for BitConnect, the U.S. District Court, Western District of Kentucky, has granted a temporary restraining order against the company and has frozen all Bitconnect assets following a second lawsuit filed on Monday against the cryptocurrency exchange platform. Both lawsuits alleged that BitConnect was…
Bitcoin value halves in the first month of 2018. Despite an incredible 2017, this January has been the worst month for Bitcoin. Bulls provided a lot of support to Bitcoin (BTC) price by presenting different theories and hypothesis that it is becoming a million dollar investment, ultimately though, bears controlled the price since the start of…
In the latest crypto news, RaiBlocks rebrands to Nano. The instant transactions, zero fees, infinitely scalable altcoin RaiBlocks (XRB) announced today that it would be rebranding itself. Nano will be its new identity. That means no more uncertainty over the pronunciation of the name – Ray? Rye? – because now the name is sleek and simple.…
See Update On January 23rd, ARK was the third highest crypto price increase by percentage for the day, having grown by 19.28% in the prior 24 hours. ARK was priced at $6.33 with a market cap of $620,397,894, ranking Ark as the 48th cryptocurrency by market cap according to CoinMarketCap. ARK’s price has more than…
The Faceter ICO presale starts on February 1st. It is amongst the top ranking upcoming ICOs on ICObench, with a 4.8 rating. Faceter is going to be the first decentralized surveillance system for consumers. State-of-the-art surveillance equipment is too expensive for the average consumer, but affordable surveillance systems are not equipped with security measures such as facial…
Bitcoin Cash Controversy: A draft paper on blockchain technology released by the National Institute of Standards and Technology is receiving a good deal of backlash from bitcoin enthusiasts today after claiming that Bitcoin Cash (BCH) is actually the original bitcoin. The paper, which is the product of official research by U.S. scientists, enters controversial territory…
