According to studies Only 5% of UK Investors Make a Profit in Cryptocurrencies
Cryptocurrency news

According to studies Only 5% of UK Investors Make a Profit in Cryptocurrencies

The poll was carried out by IW Capital, a UK based SME investment firm. The poll consisted of 2007 Britain citizens on cryptocurrency. The results were then shared with The Daily Express. The poll uncovered findings that 38% of Britons still do not understand virtual currencies at all. It also …

Commonwealth Bank has Found Success in Global Trade Blockchain Test | Coindelite News
Blockchain News
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Commonwealth Bank has Found Success in Global Trade Blockchain Test

Recently, The Commonwealth Bank of Australia (CBA) announced the completion of a cross-border shipment that uses blockchain for tracking goods in the supply chain. CBA is one of Australia’s ‘Big Four’ banks said in a statement on Monday that around 37,000 pounds of almonds were shipped from Australia to Germany …

DMG Blockchain Solutions Expanding Mining Capacity in Vancouver
Crypto mining
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DMG Blockchain Solutions Expanding Mining Capacity in Vancouver

DMG Blockchain Solutions Inc. has announced that it is under the process of installing an additional 85 MegaWatt (MW) substation in Vancouver, Canada. This move is enacted as a part of the company’s expansion plan. The new capacity transformer and an electric substation will directly be connected to the power …

The Biggest Telecom Operator in South Korea implements Blockchain Tech | Coindelite News
Blockchain News
2

The Biggest Telecom Operator in South Korea implements Blockchain Tech

In the last couple of months, more and more companies moved towards exploring blockchain technology. Presently, the report shows that South Korea’s state-owned telephone giant KT Corporation is starting its own blockchain-based commercial network. They have begun to create a blockchain system on top of the national telecommunication network. The …

A Billionaire Investor Calls Bitcoin as the Most Stable Cryptocurrency | Coindelite News
Bitcoin News
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A Billionaire Investor Calls Bitcoin as the Most Stable Cryptocurrency

Bill Miller, a billionaire investor says Bitcoin is the most stable cryptocurrency in the world. Bill Miller is the founder and chief investment officer (CIO) of Miller Value Partners who thinks the most popular digital currency is similar to gold. Recently, he had an interview with Bloomberg, and he revealed …

Vietnam Banning Use of Cryptocurrencies Across the Country
Cryptocurrency news
2

Vietnam Banning Use of Cryptocurrencies Across the Country

Several Asian countries are pushing back against the use of cryptocurrencies to protect the interests of the state. Vietnam is taking this to an elevated level. Almost all crypto-related activities have been banned by the State Securities Commission. This move did not come as a surprise, in fact, it was …

Economic Problems Pushing Pakistan Towards Cryptocurrencies
Cryptocurrency news
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Economic Problems Pushing Pakistan Towards Cryptocurrencies

Due to the growing economic problems in Pakistan, an increasing number of people are moving towards cryptocurrencies as a saving grace. Notably, Pakistan had banned cryptocurrencies in early 2018. This resulted in the shutdown of Urdubit. Since the economy is down, more people are seeking alternative options such as trading …

Iran to Launch its Own Cryptocurrency | Coindelite News
Cryptocurrency News
2

Iran to Launch its Own Cryptocurrency

Iran is going to become one of the cryptocurrency Hubs soon as the country has planned to issue its own cryptocurrency. The country is set to go through renewed economic sanctions from the United States. Local Companies Collaborate with CBI to Form Own Cryptocurrency The local reports say Iran’s apex …

Google follows Apple's Footsteps, Bans Crypto Mining Apps from Play Store | Coindelite News
Crypto Mining
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Google follows Apple’s Footsteps, Bans Crypto Mining Apps from Play Store

  As per a report from Android Police an Internet media outlet, Google revealed its shift instance in a recent policy update for Google Play developers. The policy says: “We don’t permit apps that mine digital currency on devices. We allow apps that remotely manage the mining of cryptocurrency.” The …

Crypto Regulations
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The lawmaker in the US Seeks for More Action from Congress on Regulating Crypto

While speaking in an interview with Bloomberg, Bill Huizenga, who is the congressman in the U.S. urged to see more focus on crypto regulation by the U.S. Congress. He wants to observe more oversight in what he calls as the “muddied and fairly opaque” initial coin offering (ICOs) and digital …

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