According to sources, this year alone, the energy used in cryptocurrency mining in Iceland will exceed its domestic standard energy consumption. Because of its cheap natural resources and cold weather, Iceland is a new paradise for cryptocurrency industry
After UAE expressed skepticism about cryptocurrencies, Abu Dhabi’s Financial Services Regulatory Authority (FSRA) are considering setting effective regulatory measures for the cryptocurrency. At the same time, The Central Bank of UAE and Saudi Arabia are
NetEase is now testing a new blockchain product call The Planet. The Planet can trace users behavior and store it in a decentralized and secure system. In return for consumer behavior data, they give our “Black Diamond” which would add up to “Energy” on T
Since South Korea implemented the regulation of cryptocurrency trading, the market has been somewhat chaotic. But today, South Korean Prime Minister Lee Nak-Yeon assured cryptocurrencies users, the closing down cryptocurrency exchanges is not a serious co
On Tuesday, Jay Clayton, Chairman of the Securities & Exchange Commission, and J, Christopher Giancarlo, Chairman of the Commodity Futures Trading Commission, testified before the United States Senate Committee on Banking, Housing, and Urban Affair about
Bank for International Settlements (BIS) General Manager, Agustín Carstens, warned the central bank must prevent cryptocurrencies from attaching to the mainstream institution and become a threat to financial stability.
Bitcoin’s value has been on a downward trend. Starting from January 31st Beijing time, bitcoin’s value first dropped below $10,000. There was a slight increase in February 1st’s morning. However, that afternoon, the price began to decrease again and hit b
Crowdfire founder announced they are creating an Indian Cryptocurrency Exchange this coming March after Arun Jaitley, India's Finance Minister, discussed cryptocurrencies and blockchain. Crowdfire is an Indian Software company.
Kim Dong-Yeon, the Korea Finance Minister, revealed he is confident with the potential of blockchain technology during his visit to China. He believes “blockchain technology can disrupt and revolutionize the world. During his visit to China, he also met w