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Crypto news

Breaking news headlines about Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and blockchain technology.

Crypto news

Venezuela launches its digital currency to overcome the economic crisis

Venezuela launches its digital currency to overcome the economic crisis

11:29 am 2018-02-20

Venezuela is preparing to launch its own digital currency, like the world's most famous Bitcoin, on Tuesday in light of the economic crisis. Venezuelan President Nicolas Maduro said on his blog via Twitter that the currency would be released at midnight on Tuesday at 7 pm Moscow time. In December, Maduro unveiled the new currency, called Petro, and confirmed at the time that technology would help Venezuela overcome the financial blockade. The currency will be backed by the country's oil reserves. The initial value…

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Lawmakers in California are demanding the legality of blockchain in organizing the data

Lawmakers in California are demanding the legality of blockchain in organizing the data

08:48 am 2018-02-20

Lawmakers in California introduced a project on the legality of the blockchain in its ability to modernize state laws and convert paper records into electronic. The draft Assembly Act No. 2658, submitted last week by the President of the General Assembly, Ian Calderon, expands the definition of electronic records and predictions contained in the Uniform Electronic Transactions Act. The law provides that no record or signature may be deprived of legal effect solely on the ground that it is in electronic form, and that the contract may not be legally affected solely because it is an electronic…

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Kaliningrad provides blockchain to its citizens as a new payment system

Kaliningrad provides blockchain to its citizens as a new payment system

08:32 am 2018-02-20

The Russian Federal Development Bank has signed an agreement with the regional government of Kaliningrad to test a new payment system based on the technology of the blockchain. Officials from the Russian city of Kaliningrad met with Sergei Gorkov, chairman of the bank, last week at the Russian Investment Forum to sign the agreement. The governor of the Russian city, Antoine Kakhanov, said the efficiency of the blockchain Development Bank Improve the quality of management decisions. The regional government has speculated that such technology will improve the quality of social services by increasing transparency and reducing…

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Governor of the England Bank: Bitcoin failed as currency

Governor of the England Bank: Bitcoin failed as currency

08:08 am 2018-02-20

The governor of the Bank of England, Mark Carney, confirmed that the Bitcoin failed as a currency, in accordance with the criteria for it, noting that it is not a stock of value or a useful means of buying. Speaking to students at Regent University in London, Carney said on Monday that the digital currency had so far failed to meet traditional aspects of money. But the governor of the Bank of England said in response to a question that the technology on which the world's most popular digital currency is based may be useful…

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1200 complaints about digital currency fraud in Australia

1200 complaints about digital currency fraud in Australia

12:21 pm 2018-02-19

It is reported that Australia received more than 1,200 complaints about fraud in 2017, concerning digital currencies. According to the current affairs program at ABC, data obtained from the Australian Competition and Consumer Commission indicated that it received 1289 complaints of digital currency fraud in 2017 and that the losses to those operations amounted to US $ 1,218,206 . Securities and Investments Commission Commissioner John Price said the complaints were well documented advising investors not to trade in digital currencies so as not to lose their money. The news came two months after regulatory changes…

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Athena Bitcoin announces its support for Bitcoin Cash

Athena Bitcoin announces its support for Bitcoin Cash

11:55 am 2018-02-19

The Athena Bitcoin, the ATM network in the Midwest, has announced that it will make Bitcoin Cash available on all its ATM machines. The network enables the sale and purchase of digital currency, so the owners of Bitcoin Cash in Western America, the ability to switch currency in paper currencies very easily. The network said in a statement that Bitcoin Cash is an independent currency and has a different price, so it needs to use the BCH support wallet to buy the digital currency, because Athena Bitcoin portfolio does not support Bitcoin Cash to the…

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Founder of Ethereum: Digital currencies may land for zero

Founder of Ethereum: Digital currencies may land for zero

11:19 am 2018-02-19

The founder of the digital coin Ethereum "ETH", predicted a sharp decline in the price of digital currencies at any time, especially from currencies of modern or emerging asset classes. "The value of digital currencies could reach zero at any time," Vetek Patten said in a posting posted on Twitter last Saturday, warning against investing heavily in these currencies. "If you're looking for a place to store your savings in life, traditional assets are still a safe place to do that," he said. These statements came from the founder of the second strongest electronic…

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Lenovo uses blockchain to validate physical documents

Lenovo uses blockchain to validate physical documents

08:49 am 2018-02-19

Lenovo has introduced a new idea to take advantage of the Chinese technology, "blockchain", but this time to take advantage of the physical documentation validation system. In a request from the Office of the United States Patent and Trademark Office last Thursday, Lenovo described a group using digital signatures encoded in physical documents, which can be processed by computer, to verify the authenticity of the document. According to public records, this request was first introduced in August 2013. The processing machine disassembles the signature and translates the document into a digital "map", which can then be compared…

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12:09 pm 2018-02-18

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Atari publishes a special electronic coin for games

Atari publishes a special electronic coin for games

12:38 pm 2018-02-16

With all companies wanting to emerge, and their name is rising, it is now trying to link its name to the online currency market. Atari announced the launch of its own virtual currency, Atari Token. The company aims to take strategies with specific monetary risks to create the best value for Atari and Atari brands, said Frederic Chissens, chairman of the company, last week. "Once Atari Token is available in the market, , Is the second currency of its kind and can be used in gaming sites. Atari plans to merge the virtual currency with a partnership…

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