Starting next week, Venezuelans will have to pay their passport fees with the petro, the controversial state-supported cryptocurrency that is allegedly backed by oil. This was announced in a press conference on Friday, Oct. 5, by the country’s vice president, Delcy Rodriguez, ahead of the coin’s official launch in November. This follows a similar press release by President […]

Google’s past relationship with bitcoin and cryptocurrency has been fraught, to say the least — last month the search giant partially rolled back its ban on advertisements for cryptocurrencies, allowing regulated cryptocurrency exchanges to buy ads in the U.S. and Japan. The move was widely put down to regulators’ progress in reining in the “wild west” […]

European regulators are determining whether to regulate initial coin offerings (ICOs) as securities sales on a case-by-case basis, Reuters reported Monday. European Securities and Markets Authority (ESMA) chair Steven Maijoor told the European Parliament economic affairs committee that some ICOs resemble financial instruments, which would place them within a specific regulatory framework. However, the regulator is still […]

American Economist Nouriel Roubini has stated that cryptocurrency is more centralized than North Korea in a tweet October 7. New York University professor Roubini, better known as “Dr. Doom” for his alleged prediction of the 2008 Financial crisis, has repeatedly criticized claims that decentralized in cryptocurrency exists. In his tweet today, the Harvard-educated economist again repeated his argument, this time calling […]

Venezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5. Ahead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable in Petro, and will cost an […]

Having earned the reputation of “Blockchain Island”, Malta is taking steps to preserve the industry by investing heavily in supervisory technology in order to protect the blockchain industry. Such investments according to authorities are aimed at ensuring that the inherent risks associated with virtual currencies are kept at a minimal level in Malta. There Is […]

The “herd” of institutional investors that cryptocurrency bulls such as Mike Novogratz have perennially said is just over the horizon is finally making an appearance, as reports have emerged that one of the world’s largest university endowments has invested in two cryptocurrency funds. Yale University Endowment Makes Cryptocurrency Play Citing an anonymous source familiar with […]

A Brazillian computer programmer built a Coca-Cola vending machine that accepts bitcoin payments over the Lightning Network (LN). Bitcoin-Powered Coke Vending Machine Ricardo Reis described his feat in a Medium post on Oct. 2, in which he also mentioned the accessories that were employed to create the bitcoin-enabled Coke portal. In addition to applied programming techniques […]

Brazil’s antitrust regulator has sent a questionnaire to crypto exchanges whose banks accounts have previously been closed, major Brazilian financial newspaper Valor Economico reportsTuesday, October 20. The Brazilian Administrative Council for Economic Defense (CADE), operated by the local Ministry of Justice, sent the questionnaire to ten companies: Bitcoin Market, Bitcambio, BitcoinTrade, Foxbit, Walltime, Braziliex, BitBlue, Open Digital […]

What is the best cloud mining company for bitcoin? Everyone who has had ever a single brush with the crypto industry knows that it stands on the pillar of mining. Many people wanted they had not missed the bitcoin mining time when you could mine bitcoins pretty easily at home and make a very nice profit […]