Bitcoin News

Cryptocurrency can be a growth factor for Africa

From South Africa to the sub-Saharan region, citizens from all crossroads find Bitcoin very beneficial for their economies. This shows the volume of cryptocurrency exchanges and the number of specialized companies in the field. Actually, according to experts, there will be 725 million mobile subscribers in Africa by 2020. This means that more Africans will be able to tap into …

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South Korea: End of tax benefits for cryptocurrency trading platforms

The korean authorities decided to exclude cryptocurrency exchanges from Venture company. The South Korean government announced that the tax benefits for cryptocurrency trading will  increase from single to double.This decision taken at the end of july will reach to the fact that all South Korean trading platforms, such as Bithumb or Upbit, will see their corporate tax double, from 12.5% …

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ETF BITCOIN: Nick Szabo and Andreas Antonopoulos suspicious

SEC rejection Let’s remember that in last 26july, the SEC has once again rejected the Winklevoss’ proposed bitcoin ETF. As the story quickly spread on twitter the price of bitcoin began to fall, and has dipped nearly $300 at the time of this writing, down from $8300 earlier. From the statement, it was said: “…BZX has not met its burden under …

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A renewable bitcoin mining farm in Australia

An Australian data centre operator DC Two made a declaration that they will set a renewable bitcoin mining farm in Australia Actually, a bitcoin mining is the process by which transactions are verified and added to the public ledger, known as the blockchain, and also the means through which new bitcoin are released. Anyone with access to the internet and …

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Are criminals fed up with using cryptocurrency?

DEA: Criminals use less cryptocurrency to make a transaction Criminal activities have decreased for the last five years, the US Federal Police Service adds: despite the fact that criminals use bitcoin to do their transactions, only one in ten of their transaction is made through this cryptocurrency nowadays. It seems that there is a 80% decrease in criminal activity via …

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