Month: May 2018

Ripple is continuing to add new clients to its distributed ledger-based payments network, RippleNet. Announced yesterday, two international money transfer companies – Singapore-based InstaReM and Sao Paulo, Brazil-based BeeTech – have partnered to allow customers to benefit from Ripple’s product, which they say offers speed, transparency and lower costs. The collaboration will facilitate blockchain-based payments between Latin America and a number of countries currently served by InstaReM, including markets in Southeast Asia and Europe, a release states. Fernando Pavani Founder and CEO Read more …

News Last January news.Bitcoin.com reported on the Brisbane Airport in Australia preparing to accept cryptocurrencies. Now today all the merchants and airport terminals accept various digital assets such as bitcoin core, dash, ethereum, and steem making it one of the friendliest cryptocurrency airports in the world. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Merchants at Brisbane International Airport Now Accept Various Cryptocurrencies   Individuals traveling to Brisbane or the South East Queensland area in Australia can now spend Read more …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Reportedly the cheapest country in the world to mine Bitcoin, Venezuelan authorities have cracked down on local mining operations by banning any new imports of mining hardware, including certain types of graphics cards and computers as well as ASIC miners. While the government has embraced cryptocurrency with the launch Petro, the state crypto tied to the value of oil, their stance on local miners is not as welcoming. The Read more …

Draft legislation that would favorably regulate blockchain technology and cryptocurrencies has received unanimous support in the Spanish Congress, Europa Press reported yesterday, May 30. The draft initiative, agreed upon with the majority parliamentary party Partido Popular (People’s Party), won the support of all parties present at the House Finance and Public Function Committee meeting on Wednesday.   The document calls for a review of regulations pertaining to cryptocurrencies such as Bitcoin (BTC), as well as to blockchain, proposing to introduce the Read more …

Amid the meteoric rise of the global freelance economy, entrepreneurs, creative nomads and independent teams are becoming a large majority of today’s workforce. As this new model for work develops, establishing productive working systems between contractors, businesses and talent becomes a key component to success. For many businesses, managing the dynamics of an already dynamic ecosystem can seem arduous. The first place to start when designing a working system within such a dynamic environment is to address data points that Read more …

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Blockchain pioneer and Ripple CEO, Brad Garlinghouse, believes the high correlation that historically exists between the bitcoin price and XRP could end. The catalyst for that divergence, he suggested to CNBC, is investors understanding the siloed use cases that each project has to offer. “There’s a very high correlation between the price of XRP and the price of bitcoin, but ultimately these are independent open-sourced technologies. It’s early, Read more …

A blockchain-based app that motivates people to exercise and lead healthier lives has unveiled new partnerships with a major sports star and professional basketball team as it edges closer to launch. The Lympo app incentivizes everyday users to meet fitness goals – such as burning calories or paying frequent visits to the gym – and they are rewarded with a specially created crypto token when these achievements are reached. Its fitness wallet can be connected to an array of health Read more …

Blockchain startup Paxos has closed a $65 million Series B funding round led by existing investors including Liberty City Ventures, RRE Ventures and Jay Jordan. The firm, which rebranded from itBit in 2016, has now raised a total of $93 million to date, according to a release. Paxos said it aims to use the new funds to scale up its operations and expand product offerings across international capital markets. “It is a crucial time in the financial markets. We are at an inflection Read more …

U.S. hardware manufacturer ASUS formally announced the release of its “second generation” cryptocurrency mining motherboard on May 30. The new product, dubbed the H370 Mining Master Motherboard, sees the company attempt to corner the increasingly crowded market by targeting high-demand users. It follows the release of the B250 Mining Expert in August 2017. ASUS meanwhile said plans to launch its new offering in North America beginning in Q3 2018. “Since its release last year, the ASUS B250 Mining Expert made Read more …

A company from Switzerland, Swiss Alps Energy AG (SAE), is planning to return the mining industry to high profits. The plan includes using clean yet cheap energy sources to feed mining rigs, consuming much less energy. The SAE estimates ROI from its mining operation will be over 200% in the next two years if the prices of cryptocurrencies continue to rise. The mining industry is an integral part of the blockchain infrastructure. However, it is experiencing certain problems affecting rentability. Read more …