Cryptocurrency

Nvidia Project Weaker Sales Due to Crypto Winter

A press release from Jan 28 reported that Taiwan based computer hardware company, Nvidia, updated financial estimates for Q4 for the 2019 fiscal year. The company is forecasting weaker sales in its gaming and data center platforms coming from excess…

Bitcoin

Bitcoin Trading in Venezuela Peaks amid Economic and Presidential Crisis

News coming out of troubled Venezuela indicates that Bitcoin trading has reached an all-time high. This is on the backdrop of hyperinflation and an ongoing presidential conundrum that has plagued the country for a while. Bitcoin weekly trading volumes in…

Cryptocurrency

Saudi Arabia and UAE launch Joint State-backed Crypto-currency

Two middle-east neighbors; Saudi Arabia and The United Arab Emirates (UAE) have a launched a government backed crypto-currency which will facilitate cross-border payments. This state-backed crypto was one of the agenda’s in the 7 point co-operation plan unveiled on the…

Blockchain

Facebook Quietly makes Chainspace its First Blockchain Acquisition

Popular social platform Facebook has reportedly made its first acquisition in the blockchain space. The social network reportedly quietly hired the team behind Blockchain startup, Chainspace. Chainspace is a blockchain startup that was set up by researchers from the University…

Crime

Did Binance and Tron Foundation together Manipule Crypto Market ?

One of the well known crypto channel blogger, Tyler Swope (known as Chico Crypto) claims facts against CEOs of Binance and Tron Foundation involved with possible market manipulation.( Video embedded below) Chico claims the CEOs of t TRX and BNB coins pumped…

Bitcoin

The Japanese Yen Soars above the Dollar in BTC Trading

Data from Coinhills shows that the Japanese yen has officially overtaken the US dollar in terms of Bitcoin trading all over the world. Data shows that 490,925.45 BTC were traded against the JPY over the last 24 hours. Data also…

Cryptocurrency

South Korea will not Be Lifting ICO Restrictions, citing Violation of Rules

South Korea’s top financial regulator, that was expected to relax restrictions on domestic initial coin offerings (ICOS), now says it will not be lifting the restrictions citing violation of rules by some ICO projects. A report from Coindesk Korea read;…

Bitcoin

Hamas Makes Plea for Bitcoin Donations inorder to Survive Economic Sanctions

Hamas, the Palestinian islamist group is begging for donations in Bitcoin inorder to survive the financial isolation and deprivation its suffering from due to the economic sanctions slapped on it by the US and Israel. A Hamas representative accused of…

Cryptocurrency

NASDAQ C.E.O Adena Friedman on the future of cryptocurrencies

Adena Friedman, an American businesswoman who also doubles up as the Chief Executive Officer (C.E.O) of Nasdaq- an American based stock market, believes cryptocurrency is heading and surely will emerge as a global currency of the future. While enroute to…

Cryptocurrency

Iran Could Soon Unveil her very Own State Backed Crypto-currency

According to local English language news outlet Aljazeera, Iran could unveil its state-backed crypto-currency at the Electronic banking and payment systems conference in Tehran this week. The country which has been marred by sanctions, including fresh ones from the United…