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  • February 2018

    Bitcoin ATMs Thriving in Michigan’s Most Populous City

    Low-income areas in the city of Detroit are seeing a bunch of cryptocurrency-based automated teller machines (ATM). According to local reports, ATMs are popping up in great number in liquor stores, gas stations, and cash-checking locations. Detroit Michigan Sees a Crypto-ATM Invasion Detroit is a well known industrial city and Michigan’s most populous city. However, […]

    Release Conferance– SnowLeopard Miners Bitcoin Miner A1,49T/GPU Miner E3,230M unveiled

    BITFILY,a chinese technology company, has held a new product release conference in Shenzhen China, on February 28,2018. It showcased the company’s first super bitcoin miner SnowLeopard A1, which has an algorithm of 49T, and his GPU SnowLeopard E3. The first batch has been sold since 8. February at a price of 51450RMB, about $8140. And […]

    Sixth Grader Writes a 57-Page Book About Bitcoin

    An 11-year old named Andrew Courey from Massachusetts just published a book on bitcoin so the younger generation can grasp this emerging technology that’s been sweeping the globe. The sixth-grader considers himself an expert on bitcoin, and his 57-page book describes cryptocurrencies in a way his peers can understand. A 57-Page Book About Mastering Bitcoin […]

    This Week in Bitcoin: Everything Has a Price

    In crypto, as in life, everything comes with a price. You want free tokens airdropped to your wallet? Prepare to answer a bunch of questions and follow a bunch of social channels for the pleasure. You want cheap bitcoin transactions? Then the price you must pay is forgoing the network for all but essential transactions. […]

    Venezuelan Government Opens School to Teach Citizens About Cryptocurrencies

    The Venezuelan government has opened a school in the capital city to teach its citizens how to buy, sell, and mine cryptocurrencies, including courses on the nation’s oil-backed currency, the petro. Meanwhile, President Nicolas Maduro has approved resources for universities across the country to establish mining farms. Crypto School in Caracas The Venezuelan government has […]

    New Plant to Assemble Mining Rigs in Belarus

    Plans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Incredible Demand for Everything Crypto Russian investors are […]

    Austria Wants to Regulate Bitcoin like Gold and Derivatives

    Austria Finance Minister Hartwig Löger is urging both his country and the broader European Union to treat cryptocurrencies such as bitcoin in a regulatory fashion as they do now with regard to gold and derivatives. Austria Floats Ideas About Bitcoin Regulation “The cryptocurrencies are in the process of massively damaging the reputation of the financial […]

    Bitcoin Hardware Manufacturer Bitmain Made a Profit of up to $4 Billion Last Year

    The wealth of bitcoin mining titan Bitmain has long been assumed to be north of “huge”. Thanks to its near-monopolization of the ASIC manufacturing business, Bitmain has effectively had a license to print money. This week, Bernstein analysts released a report into Bitmain’s operations. It estimates the Chinese firm to have made $3-$4 billion last […]

    46% of Last Year’s ICOs Have Failed Already

    It has always been assumed that a large number of ICOs will fail, be it at the fundraising stage or when it comes to delivering the actual project. It’s hard to settle on a precise figure, however, as most dubious ICOs don’t exit scam: they slowly tiptoe away, like a sneak thief rather than a […]

    Four Arrested Following Taiwanese Crypto Robbery

    Four Arrested Following Taiwanese Crypto Robbery Taiwanese police have arrested four men after a bitcoin robbery worth five million Taiwanese dollars (approximately $170,000 USD). The case has been described as the first of its kind in Taiwan by authorities. Also Read: Bungling Bitcoin Thieves Foiled by Quick-Witted Trader  Taiwanese Trader Loses 18 Bitcoins in Robbery A […]