Bitfund

Auto Added by WPeMatico

South African Companies Convert Cash Holdings Into BTC— Crypto Asset Is Hedge Against Devaluation

by

New reports emerging from South Africa suggest privately held firms are converting a portion of their cash holdings into bitcoin as they seek to hedge against currency devaluation. According to one report, an open-source software specialist firm, LSD Open, could well be the first South African company to make the bold step after it reportedly … Read more

The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to Miners

by

Cryptocurrency exchange Coinsquare has reached a partnership agreement with a major Canadian bank and we’ve covered the announcement in The Daily. Also in Canada, a large bitcoin farm may be cut off from the grid by a mayor concerned about electricity consumption, and elections in Québec are likely to change the game for mining companies. … Read more