Categories
Bitcoin News

What is all the fuss about OmiseGo?

OmiseGo is a distributed ledger technology platform that seeks to revolutionise the way payments are made and received. The OMG token, which is led by parent firm Omise, is meant to make it easier to pay for fast food or online shopping via the OmiseGo financial platform. The Thai operation aims to convert Ethereum-based blockchain […]

Categories
Bitcoin News

What exactly is Cryptocurrency Staking?

Crypto staking is a phenomenon that has arisen in reaction to the increasing energy demand generated by Proof-of-Work (PoW) protocols like the one used to process transactions on the bitcoin (BTC) blockchain. In essence, staking cryptocurrencies entails acquiring and reserving a specified amount of tokens that will be needed to authenticate blockchain transactions. This novel […]

Categories
Help buying Bitcoin

Kraken

The History of the Kraken Exchange In 2011, a security breach at the offices of an infamous, now-defunct cryptocurrency exchange (Mt. Gox , for those interested) prompted a visit from Jesse Powell, who was at the time the CEO and co-founder of Lewt, Inc., a company that worked on digital currencies within the video-games industry […]

Categories
Bitcoin News

You can now trade Bitcoin with Paypal

After beginning to roll out services last month, PayPal’s Bitcoin trading platform is now completely available in the United Kingdom. In a Tweet on Friday, PayPal stated that all qualified United Kingdom clients can now use their PayPal accounts to purchase, hold, and sell cryptocurrencies. Users can trade four main digital currencies: Bitcoin (BTC), Ether […]

Categories
Bitcoin News

Can you mine Bitcoin with your mobile phone? Yes you can

The concept is both lovely and intriguing. However, isn’t this offer too good to be true? Is CryptoTab a scam or is it legit?  What exactly is CryptoTab? CryptoTab is the world’s first browser designed just for Bitcoin mining. It has a built-in mining algorithm that enables users to earn Bitcoins while surfing the web, […]

Categories
Bitcoin News

Bitcoin becomes legal tender in El Salvador

A symbolic move is due for Bitcoin this week — it will become legal tender of a sovereign state for the first time in history. On Sep. 7, El Salvador will officially begin using Bitcoin as its national currency alongside the U.S. dollar. Despite heavy warnings and even demands to abort the move from the likes […]

Categories
Bitcoin News

A luxury hotel in the Swiss Alps now accepts Bitcoin.

After four years of debate, guests may finally pay using Bitcoin (BTC) and Ether (ETH) at a five-star hotel in the Swiss Alps. Guests at the Chedi Andermatt Hotel may now settle invoices totaling more than 200 Swiss francs (approximately $218) using Bitcoin or Ethereum, according to Blick, a Swiss news site. As a result […]