The London-based ONEm Communications has launched the so called mCoin, a "pseudo-mining" program on the oldest continent. The mCoin is distributed to people through the method of "pseudo-mining", meaning that users can receive the coin if they do something good for the society. For now, the company gives people the coin by making them text…
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After Goldman Sachs was said to launch a cryptocurrency trading desk this summer, which did not happen, now, another major US investment bank is on the "hunt" for creating a Bitcoin derivative product. Morgan Stanley is rumoured to be eyeing price return swaps that are actually tied to the "people's currency". As the price return…
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Bitcoin is definitely taking a plunge these days. The cryptocurrency is trading for around $6,500 at the time of this writing. Even hodlers seem anxious to see what will happen with the "people's currency". Walmart, on the other hand, is selling a different kind of Bitcoin - the Frankford ones - for as little as…
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Venezuela already introduced its very own state-backed cryptocurrency, called the Petro in an attempt to save the drowning economy and help people. The idea of a cryptocurrency becoming an official currency in any country still seems out there, as most countries do not have regulatory power over digital money. The Marshall Islands consists of more…
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The financial industry has not made up its mind when it comes to cryptocurrency regulation. However, one of the strictest regulators in the United States, The New York Department of Financial Services (NYDFS) has approved the launch of two stablecoins, both pegged to the US Dollar. The investors behind the project are the Winklevoss brothers,…
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Bitcoin is sinking and taking all alt coins down with it, it seems. The price of the "people's currency" is going down and has reached a price level of $6,900 according to CoinDesk. In December 2017, the price of Bitcoin reached $20,000. Back then, a lot of investors were bullish on the future of Bitcoin.…
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Defendants can now bail out with Bitcoin. The Federal Court in California is now accepting the "people's currency" for releasing defendants. According to press releases, Bitcoin has never been used for bail outs until now. This is considered a major "breakthrough" as cryptocurrency payments were never used for getting someone out of jail. The defendant…
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Line is a Japanese company that offers free calls and messaging services on a variety of smart phones, including PCs. The company has just announced that it has launched its very own token based on the blockchain network. The name of the cryptocurrency is LINK, while the name of the blockchain system is LINK Chain.…
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Carverr, a Swiss startup, is taking the cryptocurrency industry into a whole other place. Investors are now able to use synthetic DNA to store their Bitcoin, all thanks to the revolutionary work of Carverr. The company has started a platform that essentially enables investors to convert their cryptocurrencies and the private keys into DNA, which…
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Venezuela introduced its state-backed cryptocurrency, the petro and now the President of the country has ordered all banks to adopt the new digital currency as of this past Monday. Venezuela is suffering from a huge economic and political crisis, with the US sanctions coming in force with hunger and even water crisis in the capital.…
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