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Floods in China Led to Decline in Bitcoin Hash Rate

Floods in China Led to Decline in Bitcoin Hash Rate

Posted by By Vince Saboti August 18, 2020Posted inBitcoin News
Heavy rains that began in China's Sichuan province in early August have caused power outages. Because of this, some mining farms cannot fully function. Floods in the Chinese province of Sichuan led to…
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Bitcoin Will Exceed the Capitalisation of Gold in the Next 10 Years, Expert Says

Bitcoin Will Exceed the Capitalisation of Gold in the Next 10 Years, Expert Says

Posted by By Vince Saboti August 18, 2020Posted inBitcoin News
Anthony Pompliano, a cryptocurrency expert and co-founder of Morgan Creek Digital, stated that Bitcoin's market capitalization will beat the one of gold by 2030. Pompliano made this prediction on a Twitter post. Meanwhile,…
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Bitcoin Is the Second Most Popular Asset in The US After Tesla Shares

Bitcoin Is the Second Most Popular Asset in The US After Tesla Shares

Posted by By Vince Saboti August 17, 2020Posted inBitcoin News
TradingView, an information portal for traders, has published statistics according to which Bitcoin has become the second most popular asset in the United States after Tesla shares. The Trading View article notes that…
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A Patent for Blockchain Voting Issued In the USA

A Patent for Blockchain Voting Issued In the USA

Posted by By Vince Saboti August 17, 2020Posted inBitcoin News
The US Post Office has sent a patent to the voting system by mail, which uses the blockchain technology. The patent, that was issued in February and published on Thursday, followed a statement…
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Litecoin Launches Debit Card with Visa Support

Litecoin Launches Debit Card with Visa Support

Posted by By Vince Saboti August 16, 2020Posted inBitcoin News
BlockCard is releasing the first Litecoin Debit Card (LTC) with Visa support. The founder of the blockchain project, Charlie Lee, remarked that this was their second attempt, since the last one ended with…
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Banks in South Korea Introduce Crypto Services

Banks in South Korea Introduce Crypto Services

Posted by By Vince Saboti August 16, 2020Posted inBitcoin News
As the world starts to consider alternative payment methods, banks start to pay more attention to digital assets. Four of the five largest banks in South Korea are planning to introduce cryptocurrency services…
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Japan Launches Blockchain App for Remote State Services

Japan Launches Blockchain App for Remote State Services

Posted by By Vince Saboti August 15, 2020Posted inBitcoin News
Municipal authorities in Kaga City, situated in the Ishikawa Prefecture of Japan, have introduced a blockchain-powered app that is named Local Government Form Electronic Application (LoGo). That app will oversee the functioning of…
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Bitcoin is Much More Reliable Than Gold, Billionaire Twins Claim

Bitcoin is Much More Reliable Than Gold, Billionaire Twins Claim

Posted by By Vince Saboti August 15, 2020Posted inBitcoin News
The co-founders of the cryptocurrency exchange Gemini Cameron and Tyler Winklevoss, also known as the Winklevoss twins, think that Bitcoin is considerably more reliable than gold, because there are huge deposits of the…
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MoneyGram Registers 207% Yearly Increase in Digital Transactions

MoneyGram Registers 207% Yearly Increase in Digital Transactions

Posted by By Vince Saboti August 14, 2020Posted inBitcoin News
The MoneyGram company, based in Texas, shared it experienced a 207-percent growth rate of digital transactions over the past year. The General Director of MoneyGram, Alex Holms, noted that the highest growth rates…
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A Million Koreans Will Use Driver's License Based on Blockchain

A Million Koreans Will Use Driver’s License Based on Blockchain

Posted by By Vince Saboti August 14, 2020Posted inBitcoin News
A million South Koreans have rejected their driver's licenses in the form of a plastic card in favor of a digital alternative on the back of the blockchain, and used a copy This…
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