This Bulgarian Business School Offers Bitcoin Scholarships
This week the international business school, Varna University of Management (VUM), located in Bulgaria, has announced that ten applicants for the school’s software engineering bachelor’s program will earn bitcoin-based scholarships. Students will be able to choose to receive the scholarship fund for 1000 EUR in the equivalent amount of bitcoins. Also read: Despite Warnings China’s Over […]
Bitfury is Building the ”Largest Bitcoin Mining Operation in North America”
Vancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious scheme will see the Canadian firm partner with mining specialists Bitfury, who will provide the hardware, software, and maintenance. Subject to necessary funding being raised, the deal is expected to be completed in 2018. Also read: Bitcoin-Based Ethereum […]
New York Assemblyman Proposes Digital Currency Task Force
A few new bills have been proposed by New York state officials concerning the implications of blockchain technology and cryptocurrencies. One of the bills sponsored by the democratic assemblyman Clyde Vanel called bill AO8783 aims to create a “digital currency task force” that plans to monitor the “widespread implementation of digital currencies on financial markets […]
Report Claims That 46% of All Funds Generated by ICOs Have Been Raised in Europe
Research conducted by Atomico, a prominent European venture capital firm, claims that nearly half of all funds generated through initial coin offerings (ICOs) has been raised in Europe. The findings have been published in the third edition of Atomico’s State of European Tech Report. Also Read: The Ethereum Blockchain Is Congested by Cats “There Are More […]
The chairman of Azerbaijan’s Central Bank (CBA), Elman Rustamov, has described the nation’s position regarding cryptocurrencies as ‘conservative’ according to local reports. Mr. Rustamov stated that the CBA does not recognize cryptocurrencies as a legitimate means of payment and that the central bank intends to develop a “legislative infrastructure” before “introducing [the] technology.” Also Read: Venezuela […]
Israeli Regulator: We Need to Welcome Cryptocurrency to Develop International ICO Hub
One of the toughest financial regulators in Israel has made some surprisingly positive comments today regarding the acceptance of ICO crowdfunding and cryptocurrency. The outgoing chairman of the Israel Securities Authority (ISA) talked about a need to foster the creation of an international financial center based on ICOs. Also read: Reports of Israeli ICO Ban […]
Bitcoin-Based Ethereum Smart Contract and Sidechain Rival RSK Launches Today
RSK Labs has announced that the main network of their Bitcoin-powered smart contract platform is launching in beta on Monday after more than two years of development. The company claims to have secured the support of 90 percent of Bitcoin’s hashing power for merge mining the RSK sidechain. All developers are encouraged to take part […]
US Government’s New Cyber Unit Files its First Charges Against “ICO Scam”
US Securities and Exchange Commission (SEC) announced today its newly created Cyber Unit has filed a complaint against a Canadian initial coin offering (ICO) fraud “that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month.” It’s the first such charges put forward […]
Even though Bitcoin is much larger than Ethereum it isn’t the only blockchain to suffer scaling issues: the ethereum network is presently experiencing a transaction backlog. The cause of the commotion? Cats. While the runaway success of Crypto Kitties has prompted widespread amusement, it highlights the vulnerabilities built into ethereum smart contracts. When one ERC20-based […]
PR: Full Steam Ahead – Fresh off a Successful Pre-Sale Round, the Naga Fintech Group Launches the Main Token Sale
After concluding a successful token pre-sale round, FinTech company The NAGA Group is launching their main token sale, which begins today on December 1, 2017. JOIN HERE!