Digitec Galaxus, Switzerland’s largest online store, has added a crypto payment option which will feature Bitcoin among other top cryptocurrencies. In an announcement posted on the store’s official website, customers shopping can now enjoy the convenience of cryptocurrencies such as Bitcoin “as well as a number of altcoins such as …
Read More »Report: The U.S has the largest Bitcoin trading volume after Malta
The United States has the largest Bitcoin trading volume after Malta. This according to a new report that reveals new findings contrary to earlier beliefs that the U.S handles only 1 percent of global Bitcoin trading volume. The new findings were compiled by a virtual currency firm that seeks approval from the …
Read More »Belarus took advantage of the Bitcoin bubble but not without side effects
The Bitcoin bubble came at a time when Belarus was contemplating entering the artificial intelligence sector. When the country’s president, Alexander Lukashenko, was presented with another more interesting option to climb the technology ladder as a country, he was ready to listen and take action. The idea of using the Bitcoin bubble …
Read More »Gold mining vs Bitcoin mining: Gold mining is 23 times more costly
According to data posted by a Twitter user who goes by the name Asimov, gold mining is 23 times more energy consuming than Bitcoin mining. The data also covers statistics on paper currency and minting, banking systems, and governments. Bitcoin mining vs Gold mining According to the stats, gold mining costs around …
Read More »5 million cryptocurrency ads were blocked by Microsoft’s Bing in 2022
In 2022, top platforms like Google, Facebook and Bing in a bid to crackdown on cryptocurrencies and the increasing fraud committed by bad actors, banned cryptocurrency ads on their platforms. According to a report put out by Bing today, 5 million cryptocurrency ads were blocked on the platform. According to …
Read More »Bitcoin tracking helps rescue a kidnapped IT professor, police and an exchanger among suspects arrested
Bitcoin tracking has helped security agencies in Pakistan bring home an IT professor who was kidnapped by a gang requesting Bitcoin as ransom. The professor was kidnapped last week on 19th and the kidnappers demanded that the family transfer Bitcoins worth 20 million rupees in exchange for the professor’s freedom. The gang …
Read More »A Canadian town adds virtual currencies as a mode of payment for property tax
As governments around the world still not sure of what to do with digital currencies in terms of usage and regulations, Canada has taken a positive move towards the crypto space by adding virtual currencies as a mode of payment for property tax. This has been passed at Innisfil, a …
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