Category: Bitcoin

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

What is Satoshi? Satoshi To BTC & USD Converters

  Every nation has its own currencies. For example, India has INR, US has USD, Europe has EUR, etc. Also few of the national currencies such as the USD, tend to have a cent, which is nothing but 1 / 100 of that national currency. The same way, there are currencies in the crypto world…
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Steve Bannon is betting on Bitcoin and may release his own ‘deplorables’ cryptocurrency

  Steve Bannon, who is a former strategist at the White House, had announced that he is very much interested in the goodness of Bitcoin. He also declared that he would be interested in creating his own ‘Deplorables coin’ currency. What exactly does Bannon have to say about it? According to Bannon, the libertarian politics…
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Bitcoin price tumbles after USD 31 million hack on Bithumb cryptocurrency exchange

Bithumb is considered as the home for many of the world’s largest trading centres. On the 20th of June, 2018, it became the second cryptocurrency exchange which was hacked this month, in South Korea. Also, it marked the second time that the exchange was breached in less than a year. The effect of the Bithumb…
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Bitcoin price in free fall as cryptocurrency plunges past seven-month low

On the 13th of June, 2018, Bitcoin prices faced a great downfall of $400 in just about few hours, which made the prices of Bitcoin below $6,500. With this, the Bitcoin prices had hit a seven month low. In the previous week of the same month, the prices of Bitcoin crashed due to the hack…
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Venezuela: Record Bitcoin buying spree continues amid hyperinflation

Hyperinflation is currently uncontrollable in Venezuela as the volume of bitcoin trading hits new records each week. While the authorities wonder how to rein in the burgeoning, albeit underground industry, like ways to crackdown on the importation of cryptocurrency mining equipment. What’s the exact scenario in Venezuela? Venezuela was one of the first nations which…
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‘SWIFT is Expensive’: Major Philippine Bank Taps IBM for Japan Blockchain Remittance

One of the Philippines’ top 10 banks by assets – RCBC (Rizal Commercial Banking Corporation), has announced on the 21st of June about an upcoming remittance payments service from Japan by using the blockchain technology. More details about the announcement  The RCBC’s senior vice president, Manny T. Narcisco spoke to the BusinessWorld about the blockchain…
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This credit card will offer rewards in bitcoin — and has 2,000 people on the waiting list

Who doesn’t like rewards? Obviously, almost everyone likes rewards either in the form of points, cash or travel rewards. But what if you received Bitcoins or basically cryptocurrencies instead of rewards? Thomas Harrison is planning on doing exactly that with a new credit card known as – Blockrize. Thomas is basically a 25-year-old entrepreneur in…
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India to Embark on Nationwide Blockchain Infrastructure Platform: Report

The NITI Aayog (National Institute of Transforming India) is India’s primary policy institute and it is also considered as the Indian government’s think tank. On the 21st of June, 2018, NITI Aayog reported to launch a nationwide blockchain infrastructure known as IndiaChain. What exactly was the report? The announcement was reported by FactorDaily, and it…
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C-suite executives of Bitcoin.com join advisory board of new fintech startup

CEO Roger Ver and COO Mate Tokay from Bitcoin.com have now come on the advisory board of MoneyToken, a fintech start up. This news was reported by MoneyToken’s announcement. Not only are the C-suite executives an active board member on MoneyToken, but the two organisations are also business partners. This partnership is said to bring…
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Bitcoin Price Rebounds to $6,700, Market Adds $8 Billion in Recovery Bithumb Hack

Bithumb, which is South Korea’s largest cryptocurrency exchange was hacked on the 20th of June, 2018. This lead to over $10 billion to be erased from the crypto market. But within just 24 hours, i.e. on 21st of June, 2018, the crypto market added about $8 billion to its valuation after the small gain by…
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