Cryptocurrency

Illegal Bitcoin Mining Farm Found In Kyrgyzstan Free Economic Zone

A large illegal bitcoin mining farm has been found at Free Economic Zone “Bishkek” , State Service for Combating Economic Crimes in Kyrgyzstan said. It was gathered that the authorities found the illegal cryptocurrency mining farm on the territory of a local free economic zone (FEZ). Kyrgyz authorities posted a video of the facility on […]

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Basler Kantonal Bank To Launch Cryptocurrency Services In Switzerland

From Switzerland is the report that Basler Kantonal Bank (BKB), is planning to launch cryptocurrency services. BKB is Switzerland’s eighth-largest bank with total assets of approximately $49 billion. It’s gathered that the Swiss government-owned commercial bank will be offering cryptocurrency services through Bank Cler, reported Citywire Switzerland Monday. Also known as Basel Cantonal Bank, Basler Kantonalbank was founded in

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India’s Cryptocurrency Bill Undergoing Legal Framework, Positive or Negative?

Today, Tuesday, August 4, 2020, another cryptocurrency news came out of India as information from the country says cryptocurrency bill has been forwarded to the relevant ministry to look into the legal framework. It’s unknown if the legal framework would be in favour of cryptocurrency trading or place a total ban on it in India.

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VIDEO: ETH 2.0 Medalla Testnet Launched With 20, 000 Validators

The much-anticipated ethereum 2.0 Medalla testnet has been launched, according to the Ethereum Foundation in a video clip posted on its official YouTube Channel on Tuesday, August 4, 2020 Medalla is the final testnet before the launch of the Eth 2.0 network, which is tentatively expected by year’s end, Ethereum Foundation’s Hudson Jameson said in several tweets.

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Coinbase May Add 19 Additional Cryptocurrencies on Exchange Platform

On Friday, Coinbase, a San Francisco-based exchange company announced it’s considering adding 19 additional cryptocurrencies which include Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA, UMA and Ampleforth on its exchange platform. Others being considered for listing are Curve, Helium, Melon, Band Protocol, Balancer, Blockstack,  Fetch.ai, Flexacoin, Hedera Hashgraph, Kava, and WBTC. The announcement

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Iran Authorizes Power Plants To Mine Bitcoin, Gives Guidelines for Mining Licence

It’s another good news for advocates of cryptocurrencies as Iranian authorities have given go-ahead to power plants in Iran to mine bitcoin and other cryptocurrencies. Mostafa Rajabi Mashhadi, deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has confirmed to IRNA. Electricity tariff as an impetus for bitcoin mining Cryptocurrency mining companies are

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Hacker Transfers 2,500BTC from 2016 Bitfinex Breach

About 2,500 stolen bitcoins (28 million US dollars) from the 2016 Bitfinex breach have been transferred from the hacker’s wallet, reported Whale Alert, an advanced blockchain tracker and analytics system reporting large and interesting transactions. In August 2016, there was a security breach on Bitfinex, leading to 120, 000BTC to the hacker, the largest breach in cryptocurrency

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A1 Telekom Austria Now Accepts Cryptocurrencies

Austria-based telecom giant A1 Telekom Austria Group has started accepting cryptocurrencies from its millions of merchants. Operating in seven countries-Austria, Bulgaria, Croatia, Belarus, Slovenia, North Macedonia, and Serbia-the company disclosed that retailers would receive the purchase price in euros whenever customers pay with cryptocurrencies like bitcoin. The integration of crypto into its payment service is geared

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Visa Plans to Integrate 61 million Merchants With Digital Currency Platforms

A global payment technology firm Visa has announced that it is working to integrate its 61 million merchants into digital currency platforms. InfomediaNG gathered that VISA has already approached two licensed and regulated digital currency platforms, Coinbase and Fold to make the integration a reality. Why is VISA adopting digital currency? Visa said in a blog post

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