This article was written by Delton Rhodes, a CoinCentral's author that enjoys researching new, innovative, and interesting blockchain/crypto projects that have the potential to impact the world. Bitcoin mining has become a profitable industry for many people in the cryptocurrency community. Despite the increasing popularity of bitcoin mining around the globe, though, there are quite … Continue reading Why Are More Governments Stopping Bitcoin Mining Operations?
Praveen Reddy Kanthala, Mechanical engineering from National Institute of Technology, Rourkela, answers the question on Quora: What is Bitcoin Mining? Bitcoin, the first cryptocurrency ever created has indeed become the most widely used digital currency on earth. Ever since the existence of Bitcoin in 2009, it has witnessed unprecedented growth across the world. The reason … Continue reading What is Bitcoin Mining?
Stuttgart Börse, Germany's second-largest stock exchange unveils the prototype of a zero-fee cryptocurrency trading app called "BISON app", which was built by fintech Sowa Labs, according to a press release published on May 16. The app will be available in autumn 2018 in German and will later be offered in English. The smartphone application is a … Continue reading Stuttgart Börse Unveils the Prototype of a Zero-Fee Cryptocurrency Trading App
Monex Inc, which acquired post-hack cryptocurrency exchange Coincheck recently, announced plans to bring Coincheck to America, reported Bloomberg on May 18. Oki Matsumoto, Monex CEO expressed that he is expecting to be granted an official license in Japan next month. Monex had the biggest gain in Japan’s benchmark Topix Index as its shares raised by 98% … Continue reading Monex CEO Plans to Bring Coincheck to America
Genesis Global Trading, a leading over-the-counter digital currency trader is the first New-York based cryptocurrency trading firm that obtains a BitLicense by the New York Department of Financial Services (DFS), according to a press release published on May 17. The license allows the digital currency trader to facilitate the trading of many cryptocurrencies including bitcoin. … Continue reading The First New-York Based Cryptocurrency Trading Firm Obtains a BitLicense
Jack Dorsey, a Wall Street executive and CEO of Square, hopes Bitcoin will become Internet currency, reported Coindesk on May 17. Dorsey spoke with Elizabeth Stark of Lightning Labs at CoinDesk's Consensus 2018 conference in New York City about what his company wants for the digital currency. He said, "I'm just approaching with the principle that the Internet … Continue reading Wall Street Executive Hopes Bitcoin Will Become Internet Currency
Jerry Pinto, JPMorgan co-president said that cryptocurrency "will play a role" in the future, confirming that the banking giant was "looking into" the bitcoin space, reported Cointelegraph on May 16. He also expressed that JPMorgan can already trade Bitcoin futures but no action has yet been taken to make this possible. "We are looking into … Continue reading Cryptocurrency “Will Play a Role” in the Future, Says JPMorgan Co-President
LedgerX, a clearing and trading platform, announced it launches a new Bitcoin savings product licensed by the US Commodities Future Trading Commission (CFTC), reported Cointelegraph on May 16. LedgerX's new Bitcoin savings product is certified by a CFTC derivatives clearing organization (DCO) license and a swap execution facility (SEF) license. The Chief Operating Officer at LedgerX, Juthica Chou … Continue reading LedgerX Launches a New Bitcoin Savings Product Licensed By the CFTC
Sam Radocchia, co-founder at Chronicled answers the question on Quora: What is the Safest Way for Businesses to Accept Cryptocurrency? Try something at the next family party: Ask your aunt if she’s heard about bitcoin. She may be a little fuzzy on the details, but she’s probably seen something in the news recently. Then, ask if … Continue reading What Is the Safest Way For Businesses to Accept Cryptocurrency?
A Florida tax collecter partners with BitPay, a bitcoin payments processor in order to accept bitcoin and bitcoin cash for various services, reported Coindesk on May 14. Joel Greenberg, Seminole County tax collector expressed that his agency will accept payments in bitcoin and in bitcoin cash for payments related to driver licenses and ID cards, … Continue reading Florida Tax Collector Partners With BitPay to Accept Bitcoin and Bitcoin Cash