Alberta Province, the Next Bitcoin Mining Destination

Alberta Province, the Next Bitcoin Mining Destination

For years China has served as the ultimate destination for bitcoin miners worldwide, but not anymore. Beijing’s officials have called a ban on cryptocurrency mining in the nation in May 2021 after years of supporting the bitcoin miners and leaving them undisturbed despite the nation’s restrictive policies against crypto mining. According to the Chinese authorities,

Cryptocurrency Banned From Mexico’s Finance System

Cryptocurrency Banned From Mexico’s Finance System

Despite the growing popularity of cryptocurrency in Latin America, the banking regulator, finance ministry, and the central bank of Mexico have come together to ban cryptocurrency from the country’s finance system. Arturo Herrera, the Finance Minister of Mexico, declared that cryptocurrency use is hereby prohibited from the financial framework of Mexico. During a conference with

PundiX Gets Integrated With Chainlink Price Feeds

PundiX Gets Integrated With Chainlink Price Feeds

PundiX is renowned worldwide as one of the best Blockchain-oriented POS payment solutions and developers of the DeFi platform. An announcement was made by PundiX very recently regarding the integration with trusted and widely used Chainlink Price Feeds to secure platform reward distributions. Chainlink Price Feeds consist of decentralized networks of Oracle that work on

Understanding How Bitcoin Peer-to-Peer Network Work

Understanding How Bitcoin Peer-to-Peer Network Work

P2P networks in the cryptocurrency domain have new characteristics that present various new challenges and help to avoid some of the problems which are already existing in P2P networks. P2P is a term that usually refers to the exchange of digital assets or cryptocurrencies through a distributed network. This platform allows the sellers and buyers

Bitcoin is for Gamblers Only – Analyzing the Norms

Bitcoin is for Gamblers Only

The cryptocurrency was accepted by online gambling websites in 2013. Since then, Bitcoin has become a valid currency for gambling platforms around the world. BTC tokens are now circulated among online crypto gamblers, who make fortunes with the volatile Bitcoin market uptrend. Over the years, Bitcoin began gaining recognition as a popular option for payments

U.S Authorities Charge John McAfee For Cryptocurrency Fraud

U.S Authorities Charge John McAfee For Cryptocurrency Fraud

McAfee and Watson allegedly engaged in a scheme to exploit the “broad reach” of McAfee’s Twitter account by buying cryptocurrency assets, concealing a plan to liquidate them, and then selling most quickly after his endorsements boosted prices, the U.S. Commodity Futures Trading Commission. said in a court document filed on Friday. This is not the

China Halts Bitcoin Mining in Inner Mongolia

China Halts Bitcoin Mining in Inner Mongolia

In a major development, the fast-growing cryptocurrency mining operations in the Inner Mongolia region of northern China are likely to face a severe setback with the country’s latest decisions. The regulatory channels have decided to shut-down the working of the existing mining hubs and have restrained the launch of any new mining project. The efforts

SCB 10X Rolls Out VC Fund to Boost Global DeFi Projects

SCB 10X Rolls Out VC Fund to Boost Global DeFi Projects

The digital technology investment wing of Thailand’s Siam Commercial Bank (SCB), SCB 10X, has rolled out a $50 million venture capital fund dedicated to blockchain, DeFi (decentralized finance), and digital assets startup projects.  SCB 10X was established in January 2020 with a “Moonshot Mission” that aims to achieve exponential growth through novel technology innovation and