Square has launched an online portal allowing U.S. citizens to divert their stimulus payments to its Bitcoin-friendly Cash App. Square’s Cash App is allowing U.S. citizens and residents who don’t usually file a tax return to direct forthcoming government stimulus payments to the mobile payments application. The move comes after the company failed to convince […]
Continue ReadingThe global coronavirus pandemic has revealed the necessity of decentralization to avoid the world becoming a true dystopian nightmare. As much as I believe that blockchain technology has the potential to solve many of the problems humanity faces today, I also fear what can happen if blockchain technology is used to take away the privacy […]
Continue ReadingThe Bitcoin miner reward halving is almost here, but what if there’s no price pump? Can the miners stay afloat? With the COVID-19 pandemic grabbing most headlines the past few weeks, the cryptosphere has been directing some of its attention toward Bitcoin’s reward halving. With the event just four weeks away and the Bitcoin Cash […]
Continue ReadingSamourai Wallet’s Bitcoin mixing CoinJoin service saw its monthly volume triple to over $10 million during March. Volume for Samourai Wallet’s non-custodial Bitcoin mixer, Whirlpool, tripled last month, with the service processing more than $10 million worth of Bitcoin (BTC). According to data published to Twitter by Whirlpoolstats’ Matt Odell, March activity comprised 40% of […]
Continue ReadingChina holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater. China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22% […]
Continue ReadingA South African team is building a blockchain-powered COVID-19 status verification app, using a different approach to Russian, Chinese solutions. A team of academics at the University of Cape Town in South Africa is developing a blockchain-powered application that will allow users to verify their own COVID-19 status. The platform, named Covi-ID, is still under […]
Continue ReadingThe electronics giant will enable the option of mining Monero through a mobile application in its blockchain phone. Mobile phone manufacturer giant HTC will allow users to mine Monero (XMR) cryptocurrency through its blockchain phone, Exodus, according to an announcement made on April 10. The announcement said that thanks to the partnership with the ASIC chip […]
Continue ReadingThe partnership between Azimo and a Thai bank aims to deliver instant remittance payments with RippleNet. Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April […]
Continue ReadingCrypto industry has the best historical moment to change its reputation into a successful innovative tech sector within the finance industry. The Fed opening the floodgates to unlimited standing quantitative easing paired with a $6 trillion stimulus package is an unprecedented event. It’s the most heavy-handed intervention by the Fed to date. For many crypto […]
Continue ReadingThe Center for Scientific Evidence in Public Issues penned an open letter urging officials not to utilize blockchain for U.S. elections. With images from the Wisconsin democratic primary flooding the internet this week showing voters braving hail and cold weather in the middle of a pandemic, Americans may be looking for a better way to […]
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