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Zimbabwe Shuts Down Bitcoin and All Other Cryptocurrencies

Zimbabwe’s central bank has ended financial institutions from trading or offering to bank for any cryptocurrencies. They must not trade, hold, or transact any virtual currencies. This was issued on May 11, 2018 and states that any banking services dealing with cryptocurrencies must be prohibited. This includes maintaining accounts, registering, trading, clearing, collateral arrangements, remittances, payment … Read moreZimbabwe Shuts Down Bitcoin and All Other Cryptocurrencies

Norway Bank Considering to Introduce Digital Currency

Norway’s central bank is flirting with the development of a central bank digital currency (CBDC). The digital currency would be a direct alternative to cash. A report by Norges Bank states that the bank will continue to issue cash as long as “there is demand for it” but will also allow CBDC to “be an alternative … Read moreNorway Bank Considering to Introduce Digital Currency

Genesis Mining Calls Out Buffet on Recent Remarks

Genesis Mining has called out Mr. Buffet on his recent Bitcoin remarks. Genesis Mining is a leading hashpower provider for Bitcoin and other altcoins. They talked negatively of Warren Buffet and spoke about his prowess as an investor and even put up a billboard outside of his office. Buffet has recently talked a lot of trash … Read moreGenesis Mining Calls Out Buffet on Recent Remarks

Pithia Adopts Smart City Blockchain Technology

Pithia, Inc. is a capital company of the RChain Cooperative. Today, they announced that they invested $2.4 million in a company called DigitalTown which is a smart city technology company. They plan to grow the RChain ecosystem and accelerates the adoption of DigitalTown’s turnkey solution that connects residents, visitors, and merchants who can shop and transact … Read morePithia Adopts Smart City Blockchain Technology

Jack Ma Believes in Blockchain, but not Bitcoin

Jack Ma, the head of Alibaba just gave his approval for blockchain. But Bitcoin didn’t make the list, apparently. Jack Ma spoke that the 2nd World Intelligence Congress in Tianjin, China. He states that he’s “been studying the blockchain for years and the blockchain is not a bubble. Bitcoin is.” The conference is hosted by the … Read moreJack Ma Believes in Blockchain, but not Bitcoin

Crypto Companies Will Be Worth More than Google and Amazon

The biggest crypto companies will be worth more than tech giants like Amazon in Google within the next decade This comes from Alex Mashinsky, CEO of Celsius Network, which is an Ethereum-based lending platform for crypto users. He made the declaration at the Benzinga Global Fintech Awards. Mashinsky states: “There are millions of people who … Read moreCrypto Companies Will Be Worth More than Google and Amazon

Bitcoin Is Getting Its Own Documentary on Binge

Bitcoin just got a confirmed movie by Slate Entertainment Group. It’ll air on their new platform Binge which has acquired the rights to the documentary Beyond Bitcoin for a seven-figure amount at Cannes. Director Jake Witzenfeld will be the man in charge for this film about the future of cryptocurrencies. James Corden’s Fulwell 73 and Conch Studios … Read moreBitcoin Is Getting Its Own Documentary on Binge

Facebook May Be Creating Its Own Coin for International Payments

Facebook is thinking about creating a team dedicated to using blockchain technology on its platform. But now, a new statement from Cheddar’s Alex Heath shows that Facebook is “very serious” about launching its own crypto coin as well. This is pretty much proof that cryptocurrency and blockchain tech is the future. With a giant like … Read moreFacebook May Be Creating Its Own Coin for International Payments

Tron’s Blockchain will be “hundreds of times” Faster than Ethereum’s

Tron (TRX) states that its blockchain technology will be much faster than Ethereum. Based on a statement from Tron Labs, their mainnet that went online at March 31st achieved test speeds that are hundreds of timers faster than Ethereum. Tron says that its platform will allow blockchain tech to move beyond any reliance on Etherum, which … Read moreTron’s Blockchain will be “hundreds of times” Faster than Ethereum’s

Tron (TRX) Mainnet will be Backed by Binance, Gate.io, and Bittrex

Tron (TRX) is backed by Binance and its support for their upcoming mainnet launch. Users on the exchange will automatically have their funds transferred to their new blockchain. It’ll launch on May 31st and will take place for all TRX owers. Bittrex has also announced their support for the token swap. Gate.io has also confirmed support. A … Read moreTron (TRX) Mainnet will be Backed by Binance, Gate.io, and Bittrex

Facebook Jumps on Blockchain Bandwagon – The “Biggest Executive Shakeup”

Facebook announced that it’s creating a new team dedicated to just exploring the applications of blockchain technology for their platform. David Marcus is the leader for the blockchain team. He was previously the director for Facebook Messenger. Another notable member, Kevil Weil, Instagram’s VP of Product will also join the team as well. The group will be … Read moreFacebook Jumps on Blockchain Bandwagon – The “Biggest Executive Shakeup”

Alibaba Tops Chart of Businesses Investing in Blockchain Technology

While naysayers like Warren Buffet bash on crypto, other companies believe it has a future. Talking down on crypto and blockchain tech makes it seem like a fad that has no future, but when you see monsters like Microsoft, Alphabet, Porsche, JPMorgan Chase, and even Alibaba investing in the technology- it says something else. IPRdaily … Read moreAlibaba Tops Chart of Businesses Investing in Blockchain Technology