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Bitcoin Ban Averted: Proof-Of-Work Crypto Ban Is Rejected by the EU

On March 14, the European Parliament discussed the effects and carbon footprint of Proof-of-Work cryptocurrencies. The EU Bitcoin ban was not passed, but the energy discussion has not ended.   ​​A rule proposal that would have effectively banned Bitcoin in the European Union (EU) has been struck down. The European Parliament’s Committee on Economic and Monetary […]

Central Banks can always print more money, while Bitcoin's total supply can't get any bigger. Is Bitcoin going to fix to the banking crisis?

Bitcoin Beats Banks As another week goes by, countless billions were created into the US financial system by its own central bank. According to the WSJ the FED added another $57.5 billion in temporary liquidity into financial markets. The central bank started interfering in markets since September and intends to boost repurchase operations within the vacation […]

Why don't people pay with Bitcoin

Ever since Bitcoin first was created, 11 years ago, the community around it grew and for the past few years, everyone started talking about mass adoption. But before even thinking about Bitcoin replacing cash and traditional fiat, we need to overcome the handicap we are facing right now and answer the question: Why don’t people […]

Crypto World November 2019

Bitcoin’s Lightning Network Can Be Used for Private Messaging Lightning Labs revealed an experimental project: Whatsat, an application of the lightning network which may be utilised to send private messages. Just like bitcoin, it is censorship-resistant. However, unlike encrypted programs that morph messages to info, securing the text to keep the messages private from prying […]

Crypto World October 2019: Bitcoin is not a security, Canada wants crypto, Europe doesn't accept crypto as fiat substitute

Canada set off to create its own cryptocurrency If you can not beat’em, join ’em. Allegedly, Canada is beginning to embrace the notion of launching a cryptocurrency. It’d replace fiat and, provided the inherent and automated coverage connected with crypto, would permit the nation to continuously monitor all financial moves by everybody in the nation. […]

unicef cryptocurrency

Will charities and worldwide organizations help in the mass adoption of cryptocurrencies? Cryptocurrency adoption took a significant step forward with information that UNICEF will shortly be accepting Bitcoin (BTC) and Ethereum (ETH) contributions. Christina Lomazzo along with her blockchain team at the United Nations Children’s Fund (UNICEF) will allow the donation of cryptocurrencies. This pilot […]

Consensus 2019 NYC Blockchain Week reveals the new blockchain trends

The cryptosphere got another burst of energy last week as programmers, entrepreneurs, venture vets, policymakers, artists, and fans descended on NYC at the yearly Blockchain Week. ConsenSys’ two-day Ethereal Summit kicked the week off at Pioneer Works, a renovated railroad trail factory in Red Hook, a fitting venue for the leaders of Web3 to design […]

Crypto World September 2019: More countries want to use crypto and blockchain

North Korea wants its own cryptocurrency An analyst from Center for Financial Crime and Security concluded that the nation has the essential expertise and tools to establish its cryptocurrency. In terms of the motives behind the initiative, the specialists often largely produce negative situations — by bypassing the global sanctions and money laundering to speculation […]