Bitcoin, the world’s most popular digital currency, is due for its first upgrade in over four years, and miners across the globe have given it the thumbs up. The new “Taproot” upgrade is due to take effect in November this year and will see the currency providing a new level of transactional privacy and efficiency, according to industry experts.
Blog Archives for Cryptocurrencies
Here you can see all the recent blog posts about Cryptocurrencies.
1,100 Arrested in China for crypto-related money laundering and mining
A network of 1,100 people accused of laundering money by purchasing cryptocurrencies have been arrested in China. According to the Chinese Ministry of Public Security, the launderers were charging their clients a commission rate to convert proceeds obtained through illegal activities to cryptocurrency via crypto exchanges without disclosing the amount of money involved.
It’s All a Scam, Says Trump – Calls for Heavy Crypto Regulation!
Donald Trump wants the dollar to be the currency of the world and detests the idea of BTC and other cryptocurrency. It was in an interview with Fox Business earlier this week that the former U.S. President openly spoke about his detest for the popular and highly praised digital currency. When asked about him not […]
President of El Salvador Plans on Adopting Cryptocurrency as Legal Tender
The Salvadoran president, Nayib Bukele, has recently announced the country’s plans for introducing Bitcoin as legal tender in the country. Should congress back this proposal, El Salvador will become the first country in the world to officially adopt the cryptocurrency, which will be used alongside the country’s official currency, the U.S. dollar.
Norton 360 Adds Cryptocurrency Mining Function to Antivirus Software
The California-based cybersecurity company NortonLifeLock, has announced last week that it will be adding a cryptocurrency mining function to its already existing Norton 360 antivirus software. Norton Crypto, as it has been named, will be an additional feature added to Norton 360 Antivirus, and will allow its users to mine cryptocurrencies while their computers are idle.
Sportsbet.io is giving away a Lamborghini at the Bitcoin 2021 Conference
The world-leading crypto gaming platform, Sportsbet.io, is giving away a Lamborghini Huracan EVO Convertible to the value of 6.86 BTC to one lucky delegate attending the Bitcoin 2021 Conference in Miami. Who will win this incredible supercar? We’ll find out at the After Party.
Bitcoin Mining Industry Seeks Refuge From Chinese Regulators
The crypto community was left in shock after the announcement of China’s latest crackdown on cryptocurrencies, which included not only the ban of financial services related to cryptos and the trading of digital currencies but also the mining of said currencies. China has been the global bitcoin mining hub throughout the years and is responsible for around 65% of all bitcoin mining worldwide, even after the recent ban. But the effects of local regulations are pushing large mining operations out of the country. Several big mining firms have ceased operations in China and are looking to move their operations to regions such as Central Asia and North America.
Miami to Host Bitcoin 2021 Conference
Thousands of crypto enthusiasts, industry professionals, and public figures are descending upon the vibrant city of Miami this week to attend a cryptocurrency conference which is said to be the biggest crypto-related event in history. Organizers are expecting over 50,000 attendees at the Bitcoin 2021 Conference, which will be running for three days at the Mana Convention Center in Miami’s Wynwood neighborhood. Some of the most influential names in the crypto world will be attending the conference, including top industry executives and celebrities.
Asgard Deluxe is coming to Diamond Reels this June with an epic bonus too
Diamond Reels Casino is celebrating the launch of Realtime Gaming’s Asgard Deluxe slot with an exclusive bonus spins giveaway for its players to enjoy on this highly anticipated game as of 2 June 2021. Diamond Reels is one of the biggest online slots casinos in the world, offering everything from classic slots and progressive jackpot […]
China’s latest crackdown, crypto-related services banned
China is yet again making news by tightening crypto regulations and introducing a new ban that prohibits financial institutions and payment companies from providing any crypto-related services. This ban will forbid banks and online payment companies from providing any services related to cryptocurrencies such as registration, trading, clearing, and settlement of digital currencies according to a joint statement released earlier this month by three financial industry associations in China. These three industry bodies are the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China.