Parisian Artist: $1,000 Bitcoin Yellow Vest Puzzle Solved

Although France’s Yellow Vest movement isn’t directly tied to Bitcoin, cryptocurrency, and blockchain technologies, the two revolutions (of sorts) have quickly joined hands. Crypto Enthusiast Solves Paris Bitcoin Puzzle On January 6th, Pascal Boyart, a pro-crypto Parisian artist and muralist took to Twitter that he or she painted a puzzle, which depicted contemporary revolutionaries clad in Yellow Vests and a woman with the French colors in hand. Although the mural seemed innocuous enough, Pascal explained that he/she, along with pro-Bitcoin venture capitalist Alistair Read more …

Miner – Is It a Job of the Future?

Programmers, web designers, copyrighters, developers and system administrators are among the professions given to us by the Internet and cyberspace. With the development of this field, the list of jobs is constantly expanding. More than ten years ago, when Bitcoin was first introduced, society discovered a few more promising sources of income. For example, the ones brave enough to invest in Bitcoin at the right time have now multiplied their capital hundredfold. And those who did not do that in Read more …

Blockchain Software Firm ConsenSys Acquires Asteroid Mining Company

Blockchain software technology firm ConsenSys Inc. has acquired American asteroid mining company Planetary Resources, Inc. through an asset-purchase transaction, according to an announcement published Oct. 31. Founded in 2009 and formerly known as Arkyd Astronautics, Planetary Resources is supposedly engaged in the exploration, extracting and refining of resources from asteroids. The company, which reportedly has over 30 investors and has raised more than $50 million in investments, has sent two satellites into orbit over the last six months. Per the Read more …

Alexander Borodich about the Universa project development

The founder of the Universa project, venture investor Alexander Borodich, spoke about the current works and development plans for the Universa Blockchain project. October 16, the founder of the Universa Blockchain project, that collected 28.5 million dollars during the ICO, venture investor and visionary Alexander Borodich, spoke about current and future projects of the Universa platform, as well as the main direction of the project. The cryptocurrency market is currently in a protracted flat, and, of course, former crypto enthusiasts Read more …

Soulja Boy Embraces Bitcoin on New Track

Soulja Boy, the American rapper who rose to worldwide fame thanks to his mega-hit, “Crank That,” released a new album titled “Young Drako.” While much of the album focuses on traditional rap subjects, one track on the album, “Bitcoin,” focuses on the artists’ love of cryptocurrency — as well as his purported success making money as a trader. While the lyrics remain light on the details regarding Soulja Boy’s trading strategies, the rapper’s enthusiasm for crypto is evident throughout the Read more …

Grayscale Bitcoin Investment Trust at Its Lowest Point

Grayscale Bitcoin Investment Trust (GBTC) has its assets hitting their lowest point since the all-time highs at the end of last year’s price rally.   GBTC’s Assets at Their Lowest Grayscale Bitcoin Investment Trust’s shares are down 80 percent since the world’s first and foremost cryptocurrency hit its all-time high at the end of last year’s price rally, Bloomberg reports. Besides the declining price, however, some investors are correlating the notable downtrend to the fund’s hefty expense fees. Reportedly, GBTC Read more …

Venezuela’s Controversial Petro Sale Starting November, Maduro Claims

Venezuelan president Nicolas Maduro has appeared on national television to announce the official launch of the national cryptocurrency Petro, according to a brief summary of his speech posted on Venezuela’s government website Monday, October 1. Maduro stated that the official website for the Petro has already been launched, and the official Petro wallet is also available in Google Play. However, the public sale will only start November 5. Maduro also stressed that Petro will be available on six major crypto Read more …

Cyprus Securities Watchdog Launches Blockchain Innovation Hub

Cyprus’s Security and Exchange Commission is exploring options to take advantage of financial innovation while maintaining regulatory oversight over a dynamic, and ever-changing, blockchain and cryptocurrency industry. Due to its strategic location, Cyprus has long been a unique financial hub for Europe. Over the past few years, the Mediterranean nation has rapidly become a hotspot for cutting-edge technologies. This has led a number of blockchain startups keen to set up shop on the island. Now, both the University of Nicosia and Read more …

Bitcoin’s Energy Consumption in Summer: Rise or Fall?

It’s no secret that Bitcoin (BTC) mining is an expensive business, and in more ways than one. Not only has it become less profitable since July 2016’s halving of mining rewards to 12.5 BTC, but competition among miners and an increasing hashrate have resulted in ever-higher energy consumption, with all the damage to the environment that implies. Yet, as energy-intensive as Bitcoin mining is, a question still remains: Is there a seasonal variation in the cryptocurrency’s energy consumption? Even if Read more …

Indian Authorities Nab High-Profile Bitcoin Scammers

As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express.  According to the Chandigarh police, three investors have lodged a complaint against Amit for duping them of nearly 15 crores. Amit, his younger brother Vivek Bharadwaj, Pankaj Adhlakha, and Hemant Bhope have received Read more …

Report: North Korea to Hold a Crypto Conference

North Korea is reportedly planning to hold a conference devoted to blockchain technologies and cryptocurrencies. The event said to have been scheduled to take place in October, is expected to bring experts from around the world who will meet representatives of North Korean enterprises.     DPRK’s First International Crypto Event? The Democratic People’s Republic of North Korea (DPRK), the hermit communist state that suffers from bad publicity in the crypto space, is organizing a cryptocurrency and blockchain conference in Pyongyang Read more …

Hungary Does Not Consider Cryptocurrency Legal Tender Yet

Hungary is reportedly working on a regulatory framework for cryptocurrencies but doesn’t consider them a legal tender yet. The country’s current legislation imposes steep taxes, making it a fairly unwelcoming territory for cryptocurrency investors. Not Legal Tender Citing a written statement of the country’s Finance Ministry, local Hungarian media Portfolio reports that Bitcoin and other cryptocurrencies do not qualify as legal tender. However, the country is purportedly working actively on a regulatory framework to address all aspects of cryptocurrencies. The Read more …