Monthly Archives: April 2018

NVIDIA CEO: “Cryptocurrency Is Here to Stay”

Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn’t see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began rising faster than anyone had anticipated. The year started with a single bitcoin trading at nearly $1,000, though things ended on a higher note when the currency nearly grazed the $20,000 mark. Since January 2018, bitcoin and […]

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Going Meta: Vitalik Buterin Issues Proposal for Capping Ethereum’s Supply

On a day when the cryptocurrency community was on high alert for gags, whimsical announcements and other tomfoolery, the creator of Ethereum, known for pulling his own pranks in the past, stepped forth with a most serious proposal: setting a cap on Ethereum’s monetary supply — which has long had no cap at all — at 120 million. On April 1, 2018, a day known as April Fools’ Day, Vitalik Buterin published Ethereum Improvement Proposal (EIP) 960 to limit the supply of ether (ETH) to 120,204,432 — […]

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First All-Blockchain Commodity Trade Completed Between China And Singapore

A shipment of gasoline from China to Singapore is reportedly the first commodity trade managed entirely on a Blockchain. A subsidiary of Sinochem Corporation, one of China’s four major state-owned oil companies, has completed a shipment of gasoline from China to Singapore entirely using Blockchain technology, Reuters reports April 2. Sinochem Energy Technology sent a shipment from Quanzhou, China to Singapore, claiming that it was the “first time that Blockchain applications have been applied to all key participants in the commodity trading process.” In December of last […]

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The Saber Case: How Complementary Currencies Can Go Crypto And Change The World

Complementary currencies is a time-tested alternative to regular money dating back to Ancient Egypt. Now that they can go crypto, there’s a real chance they may change the world. In the past few years we’ve been witnessing the new massive waves of cryptocurrency adoption — you can now pay in Bitcoin for almost anything from coffee to real estate. But the ideas were always above money in community and there still so untapped potential from decentralized digital coins. A history of Saber — a Brazilian complementary currency […]

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Chinese Engineer Arrested for Stealing 100 Bitcoin From His Own Company

Who Watches the Watchmen? An engineer from Beijing has been arrested after allegedly discovering a failed hacking attempt to his company and taking advantage of the situation to steal some of the money for himself. 90% of the loot has been returned but he can still go to jail for as much as seven years. Also Read: Interest in Bitcoin and Cryptocurrency Jobs Peaked in December 2017 An Inside Job Zhong Mo, a tech company employee, allegedly used his position to steal 100 bitcoins from his employer. […]

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Bitcoin Cash Community Bolsters Instant Transactions

Over the past few weeks, the bitcoin cash (BCH) community and developers have been discussing ‘zero-confirmation’ or ‘instant transactions.’ Many BCH supporters believe if the concept was broadly accepted, payments and transaction speed would be extremely fast bringing a significant competitive edge to the BCH network. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research The Quest for Instant Transactions The zero confirmation discussion has been talked about for quite some time in the cryptocurrency space and well before bitcoin cash existed. In the early days, […]

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Cryptocurrency Taxation Laws Enacted in Thailand

Over the past couple of days, a number of countries have embarked on new efforts to have virtual currencies taxed. One of the countries that have made great strides in this regard is Thailand. 7% VAT for Bitcoin Investors According to the latest directive that was offered by the authorities in Thailand, Bitcoin investors would be required to part with a 7% VAT – Value Added Tax, for all their undertakings. Apart from that, there would also be an extra 15% that would be charged on the […]

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Canadian and European Bitcoin P2P Markets Set Record Trading Volume

Localbitcoins trading volume has witnessed volume spikes across miscellaneous markets in recent weeks, with global volume bouncing to $75 million USD this past week. The Canadian and European markets both produced record volume this past week – after both markets produced seemingly anomalous spikes in trading activity. Also Read:Capitalization of Cryptocurrency Markets Loses 59% in Q1 2018  Europe and Canada’s Localbitcoins Markets Set Weekly Volume Records The weekly global trading volume on localbitcoins has bounced to $75 million (8,586 BTC), following spikes in volume across several markets […]

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BlockFi Gives Hodlers Another Option to Borrow Against Crypto Assets

Options for borrowing and lending with cryptocurrencies are on the rise. One of the latest start-ups to join the likes of SALT and Unchained Capital is BlockFi, a New York City–based startup that issues loans backed by bitcoin and ether to individuals, companies and institutions in 35 U.S. states. Collateralization of cryptocurrency assets benefits retail borrowers by allowing them to hold onto their crypto assets rather than selling them in order to make large purchases, like buying a car. They can also save on taxes by borrowing […]

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PR: Pablo Escobar’s Brother Sells out ICO Round 1 of Dietbitcoin (DDX) Cryptocurrency in Just 1 Week, Starts ICO Round 2

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Pablo Escobar’s biological brother, Roberto De Jesus Escobar Gaviria, has just sold over 300,000 dietbitcoins, selling out Round 1 of the Pre-ICO in just 1 week. Round 2 is now live at www.dietbitcoinICO.org and currently discounted to only $3.50 per coin. “My […]

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