Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in the shutdown of numerous Bitcoin mines. According to a report from Global Times (China’s national English language newspaper) the ban means that more than 90% of China’s Bitcoin mining capacity is estimated to be shut down, at least for the short term, as regulators across the country have taken similar harsh steps. Now, as a result...
Largest Series B round in Latin America and SoftBank’s largest crypto investment in Latin America1 Investment values Mercado Bitcoin’s 2TM Group, at $2.1 billion USD2 2TM Group, the parent company of Mercado Bitcoin, the leading cryptocurrency exchange in Latin America, today announced that Mercado Bitcoin has raised $200 million USD from the SoftBank Latin America Fund. The fundraise represents the largest Series B round in Latin America’s history and SoftBank’s largest investment in a Latin...
Anyone with a green conscience can now join the crypto movement. The world’s first truly sustainable blockchain Signum is now live. As a fully integrated smart platform featuring multiple innovations, Signum is a one-stop solution to mine, trade, and store its native cryptocurrency Signa (ticker: SIGNA). Signum combines world-class features smart contracts, peer-to-peer messaging, and token creation with fast and secure digital payments – all of them on a sustainable blockchain. Smart, secure, and sustainable...
This year has taken the cryptocurrency market on a rollercoaster ride. As a result of the recent crypto boom earlier this year, many companies and organizations have become noticeably more open to blockchain technology and cryptocurrencies. Yet, the record high prices didn’t hold for long, as environmental concerns over the energy required to mine cryptocurrencies sent the prices down. However, the approach of financial institutions, businesses and even governments has significantly changed in recent years,...
America’s #1 Bitcoin IRA platform officially launches its mobile app today. It is the world’s first app to allow users to buy, sell and swap cryptocurrencies inside a self-directed retirement account. The mobile app was purpose-built to meet the growing demand from its users looking for a simple and secure way to invest in crypto assets using their retirement accounts. Bitcoin IRA, the world’s first, largest, and most secure cryptocurrency retirement platform, is announcing their...
KRNC, a blockchain initiative funded by the U.S. government, announced today that it has obtained the first U.S. patent on its proprietary technology for integrating blockchains with the legacy banking system. The technology, called Proof-of-Balance, allows anyone with online banking to unlock cryptographic tokens in proportion to their fiat savings. These tokens have the same verifiable scarcity as Bitcoin, and they can be used to interact with smart contracts and decentralized applications. “Proof-of-Balance brings blockchain...
Company takes leadership as the largest cryptocurrency ATM provider in the state, furthering its mission to make crypto more accessible to people across the United States CoinFlip, the leading Bitcoin ATM provider in the world, today announced its first-ever expansion into the state of Alaska with three new Bitcoin ATM installations, making them the leading cryptocurrency ATM provider in the state. CoinFlip plans to double their footprint in the state with four additional ATMs by the end...
Merkle Science, a predictive blockchain monitoring and investigative platform, has today announced that it has introduced support for Bitcoin SV (BSV) to its transaction monitoring coverage. From today, Merkle Science customers will be able to use the platform’s Blockchain Monitor tool, a behaviour-based transaction monitoring and risk reporting solution which allows users to easily identify – and respond immediately to – suspicious transactions, without relying on backwards-facing blacklists. The tool is highly customisable and easy to use, enabling users...
Bitcoin of America recently announced their new point of sale software for their tablets. This is a game changer for merchants who want to start accepting Bitcoin as a payment method and for customers who prefer to use it. Bitcoin of America hopes that their new point of sale software will help incorporate cryptocurrency into everyday life. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United...
Iconic Funds’ Physical Bitcoin ETP (ISIN: DE000A3GK2N1, Ticker: XBTI) will be listed and begin trading on Deutsche Börse’s Xetra on May 12, 2021. The exchange traded product (“ETP”), physically backed by Bitcoin, becomes the most cost-effective way for investors to gain exposure to Bitcoin on Xetra with a total expense ratio of 0.95%. The ETP is issued by Iconic Funds BTC ETN GmbH, a subsidiary of Iconic Funds GmbH (collectively branded as “Iconic Funds”). Structured as...
