Indian state of Karnataka to hold blockchain hackathon for government tech upgrade
Although the government of India cannot be called good-hearted towards Bitcoin, the hackathon held in Karnataka is yet another example of how a technology that underlies cryptocurrency attracts governments - as long as no digital currencies are being made
14 January 2018 21:00, UTC
Canaan Creative makes $46.6 million on mining hardware in 2017
The sales of mining hardware and rigs become so profitable that the company based in Beijing makes over 40 million dollars in a year - a considerable result for the emerging market
14 January 2018 21:00, UTC
How to buy bitcoin and not run into scammers
There are fewer people who have not heard about bitcoin, and more and more of those who want to buy it. Bitnewstoday made an overview of how to buy cryptocurrency and talked about the pros and cons of each option
14 January 2018 21:00, UTC
Massimo Di Giuda
South Korea is not banning crypto trading, government notes huge community reaction
The initial messages on South Korea banning crypto trading have proven to be false, and exactly as Bitnewstoday suspected, officials’ opinions do not equal full-fledged laws. The local channels cite the government which is shocked by huge number of requests to sack the Justice Minister
11 January 2018 21:00, UTC
Chinese miners start to consider moving to other countries
The government of China is not thrilled with digital financial technologies to such extent that it starts to pressure Bitcoin miners, and in response to this business threat, they start to consider moving operations to Canada and Switzerland
11 January 2018 21:00, UTC
Bitcoin becoming very popular in Africa
There are not many news from this region, possibly due to the economic situation in it. However, the local populace knows about the weakness of their regional fiat currencies and multiply their savings in Bitcoin like people in other parts of the world
11 January 2018 21:00, UTC
Out of thin air: Institute of Network Cultures scientist designs mining mechanism based on breathing
We have already seen some experimental mining rigs based on human heat and in the suit form, but this is something completely new: the device described below allows mining cryptocurrency called Monero by breathing
11 January 2018 21:00, UTC
American town of Wenatchee to get rich thanks to miners
Like in other countries, the United States also has regions with cheap power in comparison to the average prices, and the small town in Washington has suddenly become a mining center. Reason? Good system of hydro power plants on the dams of Columbia River
11 January 2018 21:00, UTC
First kittens, then world: VR-based Decentraland sells in-game space for tokens
A computer game based on virtual reality innovations is currently selling the digital space where one can build own property for MANA tokens. Interesting example of how new technologies merge with each other
11 January 2018 21:00, UTC
Ripple to cooperate with MoneyGram
Ripple and MoneyGram share the mutual interest in cross-border payments, and MoneyGram’s knowledge on the matter is undoubtedly going to help Ripple’s team to improve their research and development skills as well as further increase its popularity among banks
11 January 2018 21:00, UTC
Nevermind: Microsoft brings back Bitcoin payments
Microsoft swiftly returned the payment method it has turned off lately, telling it has fixed the problems connected with commission fees and transactions. Good news for those who prefer to use Bitcoin as a means of payment instead of long-term investing
10 January 2018 21:00, UTC
Goldman Sachs analyst: Bitcoin “akin to gold”, can serve as alternative for some fiat currencies
You’ve read it right - the representative of one of the most financially conservative companies on the market has partly shared the sentiment of radical cryptocurrency enthusiasts. But calling Bitcoin gold and telling it has properties similar to gold is two different things
10 January 2018 21:00, UTC
Bitcoin and Ethereum fall amidst the words of South Korean justice minister
The regulative actions and statements in one of the biggest cryptocurrency markets affect the world price and community of Bitcoin: some, however, believe Bitcoin simply needed a reason to fall, and this is only a justification of what was about to happen anyway
10 January 2018 21:00, UTC
Russia to develop amendments which prevent tax evasion through crypto
A set of amendments to existing laws is planned to develop during this year so that citizens did not evade taxes through cryptocurrency — efficiency of such amendments is in question, as nobody has seen them yet. Read more recent news from Russia below
10 January 2018 21:00, UTC
Putin: cryptocurrency is backed by nothing
Vladimir Putin commented on the possible emergence of cryptocurrency legislation in Russia. The head of state also said that digital money carries a high risk
10 January 2018 21:00, UTC
Warren Buffett: cryptocurrencies will meet a bad end
The famous and experienced investor, who methodically increased his wealth during the 20th century, is once again warning of cryptocurrency dangers and also admits he doesn’t know about their dawn very well
10 January 2018 21:00, UTC
Kodak presents its own mining rig
Kodak’s new mining rig is called Kodak KashMiner (yes, with the K) and is a part of a wider initiative of this old school corporation to enter the market it considers prospective and financially beneficial
10 January 2018 21:00, UTC
This website glitch opened crypto fraud possibilities for a short period of time
A typo in the internal structure of Overstock allowed to buy products for Bitcoin Cash while the system was designed for Bitcoin, which opened a possibility to buy a 70-dollar purchase with only 12 USD. The bug has already been fixed, so trying anything similar is not going to work anymore
10 January 2018 21:00, UTC
Cryptocurrency Vibe jumps +400%
The primary reason of this notable jump has been the addition of this cryptocurrency on a popular digital currency exchange platform called Binance. The surge is quick and giant even by the crypto market standards
10 January 2018 21:00, UTC
Ethereum reaches new all-time high
The second popular cryptocurrency is now Ethereum again, and this means its price increased. And yes, it did, to 1,410 USD. This all happens amidst Ripple’s downfall Bitnewstoday has already described
09 January 2018 21:00, UTC