Tag Archives: News

A non-profit organization known as the Built with Bitcoin Foundation has put together the funds necessary to build a new hybrid nursery and primary school in the center of Kenya, one of Africa’s most well-known and impoverished countries. Built with Bitcoin Is Making Headway in Africa The company uses bitcoin with the aid of local partners and communities to go around the world and provide things like quality education, proper food supplies, and even clean water to help...

Kraken – a popular cryptocurrency exchange founded in 2011 by Jesse Powell – has recently offered its books to auditors to show them the company has heavy reserves of BTC, ETH, and Tether on file. Kraken Has Tried to Do a Lot of Good Kraken was founded in San Francisco, CA, which appears to be the ultimate hosting grounds for many crypto businesses considering this is long where Coinbase was stationed before deciding it was going to operate on a fully remote business...

Late August saw a huge flip in the digital currency arena. Bitcoin – the world’s largest number one digital currency by market cap – fell by several thousand dollars and eventually dipped below $22,000 for the first time in about three weeks, while Ethereum – the world’s second largest cryptocurrency and the main competitor to bitcoin – ultimately rose 100 percent from its June low of under $1,000 per unit and managed to surpass bitcoin’s level of growth. Ethereum Is...

Die norwegische Zentralbank Norges Bank hat bekannt gegeben, die Ethereum Blockchain für ihre Zentralbankwährung (CBDC) verwenden zu wollen. Dies repräsentiert einen entscheidenden Schritt in der Entwicklung digitaler Währungen in Ländern. Der Quellcode soll als Sandbox auf Github veröffentlicht werden. So stelle man eine Schnittstelle zum Testnetzwerk her. Bereits im Mai kündigte Norges Bank an, dass die Ethereum-Technologie in Zukunft eine...

Bitcoin cash price started a fresh decline from the $138 zone against the US Dollar. The price is now trading below the $125 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $126 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $115 and $112 support levels. Bitcoin cash price is moving lower below $125 against the US Dollar, similar to...

More crypto companies appear to have laid off their staff members. The only difference between them and Gemini and Coinbase is that they apparently did it in secret. The layoffs occurred some time ago and never made it to the news prior to now. One would assume the companies in question likely sought to avoid publicity for the move given how much flack the previously mentioned enterprises have received for their actions. Among the firms to have let employees go is famed...

During a time when many crypto companies and lending firms appear to be on their last legs, during a time when many digital asset enterprises are making their way out the door or cutting back on expenses and operations, others are flourishing, one of which is the new exchange Bit Castle based in the island nation of St. Vincent and the Grenadines (in the Caribbean). Bit Castle Is Now Operational The crypto space has not been doing well these past few months. Several...

Several reports show that crypto television ads are beginning to vanish or die down. What was once a rather prominent thing to do (create crypto commercials) is now almost becoming passe or uninteresting to many media companies. Crypto Commercials Are Vanishing Crypto has taken a lot of flak in recent months. Right now, the space is doing rather terribly when it comes to prices, which could be one of the reasons why so many television ads are no longer making their way...

Riot Blockchain, Inc. is a company that both hosts and mines bitcoin units. In a recent announcement, the company said it received more than $9 million from the Texas state power grid manager to cut back on its mining efforts and give the state a break as it reached peak energy demand from residents and businesses alike. Riot Blockchain Is Willing to Compromise Riot Blockchain is one of the largest, most well-known crypto mining facilities in the world. In a recent...

The Fed has done a sudden reversal of the mind and is calling for Wall Street to put systems in place that will allow banks and other standard financial institutions to better deal with the growing crypto space. The Fed Thinks Crypto Should Be Studied The Fed appears to have been hellbent as of late on bringing the crypto space to its knees. The organization has done nothing but hike interest rates over the past few months as a means of trying to lower inflation....