Abkhazia Govt Cuts of Crypto Mining Power
Crypto Mining

Abkhazia Govt Cuts of Crypto Mining Power

The Republic of Abkhazia is looking to cut down on electricity consumption amidst concerns. Chernomorenergo RUE, the state electric utility company announced that it is cutting power for multiple cryptocurrency mining farms. This announcement was made on December 31st via Facebook. According to the announcement, Chernomorenergo has cut down the …

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018
Bitcoin News

Almost 1000 Altcoins Died As Bitcoin Struggled In 2018

A retrospective account of cryptocurrency in 2018 has indicated that Bitcoin (BTC) recovered from a “dead” position in the media about 90 times, as shown by the industry news and information portal 99bitcoins. The site’s Bitcoin Obituaries section which tracks media claims that Bitcoin was unsuccessful, with almost 100 such …

FSA Receives 190 Applications For Crypto Exchange License
Crypto News

FSA Receives 190 Applications for Crypto Exchange License

The Financial Services Agency of Japan received 190 cryptocurrency exchange license applications on December 28, as informed by an unnamed FSA staff member. The FSA certified the Japanese Virtual Currency Exchange Association (JVCEA) to supervise the space, giving the local crypto market self-regulatory status. The JVCEA is expected to build …

Samsung Plans To Integrate Crypto Wallet Into Its Smartphones
Crypto News

Samsung Plans To Integrate Crypto Wallet Into Its Smartphones

South Korean Electronics giant Samsung has filed a trademark that indicates that it may be planning to integrate a cryptocurrency wallet to its smartphones. The filing was submitted to the U.K intellectual Property Office (IPO) on December 27. This fortifies the reports that surfaced earlier this month indicating Samsung’s intention …

Blockchain ICO for Telemedicine : Carna Life
ICO News

Blockchain ICO for Telemedicine : Carna Life

We introduced our readers to Carna Life, an upcoming blockchain ICO that combines healthcare AI to form a telemedicine system. Let us begin by understanding about telemedicine systems. Telemedicine is the fastest growing branch of medical science which utilizes information technology and telecommunication to provide remote health care.  As our …

Mizuho Financial Group Plans New Crypto Launch
Cryptocurrency News

Mizuho Financial Group Plans New Crypto Launch

Mizuho Financial Group is looking to delve into the world of cryptocurrencies by introducing cashless payments and remittance for its clients. As per the reports by Nikkei, the Asian media outlet, the idea behind this strategy is to change lower fees to retailers who accept payments in tokens as opposed …

Winemaker Plans to Purchase Crypto Exchange
Cryptocurrency News

Winemaker Plans to Purchase Crypto Exchange

A major winemaker in Hong Kong is planning to buy a Japanese cryptocurrency exchange. The winemaker is already listed on the Hong Kong Stock Exchange and will be acquiring a majority stake in a Japanese cryptocurrency platform. This deal aims to “achieve a better return” for shareholders of the company. …

Hundreds Of Crypto Projects Exposed
Crypto Scam

Hundreds Of Crypto Projects Exposed

Recent research carried out by the Wall Street Journal published on Dec 27, revealed that hundreds of cryptocurrency offerings exhibited signs of plagiarism, fraudulent activity, and improbable returns. As a part of the research, the Wall Street Journal downloaded white papers of 3,291 crypto projects that announced an initial coin …

Bitmain Plans to Layoff Over Half its Workforce
Cryptocurrency News

Bitmain Plans to Layoff Over Half its Workforce

Bitmain, the world’s largest manufacturer of cryptocurrency mining hardware is facing a difficult time. Ever since the price drop of Bitcoin and other cryptocurrencies, mining has stopped being profitable for the majority of companies and users. It is speculated that the mining giant may start laying off employees this week …

Litecoin Sponsors UFC
Cryptocurrency News

Litecoin Sponsors UFC

The Litecoin Foundation recently posted on their blog that the cryptocurrency will be the official partner for UFC 232. The event will be taking place this Saturday in California. The stage is set for Jon Jones and Alexander Gustafsson to compete for the UFC light heavyweight belt. It is unclear …

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