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Popular cryptocurrency mining corporation Giga Watt shuts its day to day mining operation according to a report. The news of shutdown has come following their bankruptcy in November 2018. The company has operated slightly above one year; it was successfully launched in September 2017. The news of collapse has left its customer wondering why the […]
With over two million solar panels installed across Australia, the people are coming up with smart options to sell that extra energy to the neighbor. And one of the lucrative solutions is peer-to-peer (p2p) solar network trading. According to experts, p2p allows consumers to bargain their excess power for profit. One of the plus factors […]
A next-generation blockchain corporation of Belarus has declared the launch of world’s first fully efficient transaction platform for tokenized securities. The consumer can purchase and sell the tokenized variation of stock, gold, and different other financial instruments as per a report on January 15th, 2019. Users can purchase these commodities on the platform by using […]
International remittances has never been easier. Ripple’s xRapid has empowered Euro Exim Bank to reach out to 80 countries for the same. The Ripple and Euro Exim Bank collaboration has brought about a new era of cutting-edge payment systems. In an official statement, the Bank announced using Ripple’s xRapid and xCurrent to help customers source […]
The unhackable Bitcoin’s energy consumption is equivalent to 1.5 per cent of the electricity consumed in the United States! According to Digiconomist, a cryptocurrency analytical website, each Bitcoin transaction consumes 250kWh; this is enough power to light up our homes for nine days! Arvind Narayanan, a computer science professor at Princeton said about one per […]
New Zealand cryptocurrency exchange Cryptopia has shut down their internet presence, as it is dealing with the consequences of major hacking attack on Tuesday 15th of January. The exchange has confirmed through a tweet that someone broke their security system and they have suffered a considerable loss. Although the platform has not yet provided any […]
Largest cargo shipping company of Israel, Zim has open blockchain based billing platform for all its customers for loading the ship with cargo for trades. The shipping company was taking a trial of blockchain based eB/Ls platform for about a year and has got success in it. The company representative said that the blockchain could […]
The Bulgarian National Revenue Agency (NRA) will be keeping close watch on cryptocurrency trading platforms to make sure that they are complying with the law in terms of tax and social security legislation. The agency suspects investors of owing unpaid taxes. According to an official statement, the NRA will take over details of all token […]
After months of contemplation, Malaysia has finally legalized cryptocurrency. As of today (January 15, 2019), digital assets and ICO tokens will receive legal recognition by the Malaysian Government. The Finance Minister Lim Guan Eng said cryptocurrencies including ICOs and digital tokens would be classified as securities by the Capital Markets and Service Order 2019. It […]
Cryptocurrency has ventured into the luxury timepieces market, with the world famous A. Favre & Fils to craft an inbuilt crypto cold-storage wallet. In its official website, the Swiss watchmaker announced that they will be offering a ‘state-of-the-art proprietary security solution’. It will be based on blockchain technology. Laurent Favre, the company’s chief executive officer […]
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