Karan Balwani

Karan is a writer who shares an undying passion for technology, books and pets. For the past 7 years, he has worked in Business Development and PR before discovering his love for the written word. He regularly posts on his blog (www.k4b6.com) and is working on his debut novel.

Indiegogo Enters Real Estate Crypto Market
Cryptocurrency News

Indiegogo Enters Real Estate Crypto Market

Indiegogo Inc., the crowdfunding company has announced that it plans to buy shares of a hotel through crypto tokens. The Hotel is St. Regis Aspen Resort located in Colorado. The resort is issuing Aspen coins through Aspen Digital Inc. As these coins are aimed at investment, they are treated as …

Bank of America Files Cryptocurrency Patent
Cryptocurrency News

Bank of America Files Cryptocurrency Patent

The US Patent and Trademarks Office has received an application from the Bank of America Corporation for a patent to secure the custody and storage of cryptocurrencies. The application outlines a system for the storage and recording of data for cryptocurrency transactions among enterprises. This is great news for the …

Hydroelectric Dam to Be Used for Crypto Mining in New York
Crypto Mining

Hydroelectric Dam to Be Used for Crypto Mining in New York

The historic New York hydroelectric dam, Valatie Falls is being repurposed by DPW Holdings Inc for cryptocurrency mining operations. This will help the sourcing of electricity from the dam to carry out cryptocurrency mining. The facility is proposed to be fully operational by the fourth quarter of 2018. It will …

Mt. Gox to Return $1 Billion Lost in Cryptocurrency to Users
Crypto Hack

Mt. Gox to Return $1 Billion Lost in Cryptocurrency to Users

The Mt. Gox scandal is hailed to be one of the biggest scams in the cryptocurrency world. Mt. Gox is a Bitcoin exchange based out of Shibuya, Tokyo, Japan. The exchange was launched back in July 2010 and by 2014, it was responsible for handling more than 70 percent of …

Thailand Government Developing Its Own Cryptocurrency
Cryptocurrency News

Thailand Government Developing Its Own Cryptocurrency

The Bank of Thailand (BoT) has announced that it is planning to launch its own cryptocurrency. According to the BoT, this decision is made as a means to enhance operational efficiencies. BoT has collaborated with R3, the blockchain startup, and 8 other banks to develop Central Bank Digital Currency (CBDC). …

Bonham Auction Allows Cryptocurrencies for Luxury Car Bidding
Cryptocurrency News

Bonham Auction Allows Cryptocurrencies for Luxury Car Bidding

The annual Bonham classic car auction is underway. This year, the bidders will be able to use cryptocurrencies to buy various products. Notably, this auction hosts classic and exotic cars from makers like Ferrari, Lamborghini, Bentley, Bugatti and more. In any auction, the speed at which the deal is closed …

19 Year Old Steals Cryptocurrency to Buy McLaren
Crypto Hack
1

19 Year Old Steals Cryptocurrency to Buy McLaren

The Santa Clara police have arrested a 19 year old for a SIM swapping crime. Xzavyer Clemente Narvaez was arrested last week by the police for stealing Bitcoin and other cryptocurrencies using SIM swapping. This report was uncovered by Krebs on Security. The convict bought luxury products from the stolen …

Bitmain Falling Behind in Crypto Mining as Competitors Catch Up
Crypto Mining

Bitmain Falling Behind in Crypto Mining as Competitors Catch Up

Bitmain, the cryptocurrency mining giant from China has been the market leader when it comes to selling equipment and mining cryptocurrencies. There is no denying that it is the most profitable cryptocurrency business in the world. However, things are seemingly slowing down. As per a report published by Sanford C. …

Fertilizer Lab Turned into Largest Crypto Farm in Russia
Crypto Mining
11

Fertilizer Lab Turned into Largest Crypto Farm in Russia

Russia may be a late arrival to the cryptocurrency scene, it seems that the country is equipping itself to take on mining giants like China. A Russian company has recently converted a fertilizer laboratory into what appears to be Russia’s largest cryptocurrency mining center. The operation is called Kriptoyunivers center …

Mining Firm Receives Bomb Threats
Crypto Mining

Mining Firm Receives Bomb Threats

A cryptocurrency mining firm in Norway has received bomb threats over the rising levels of noise pollution. Kryptovault, a company based out of Norway starting getting bomb threats. This event followed a newspaper article which reported that increased noise pollution was the reason for the lack of peace. The threat …