Hydro-Quebec Turns Down New Applications for Crypto Mining Operations

The premier of the Canadian province of Quebec, Philippe Couillard, has temporarily halted the approval of new mining operations partnering with the province’s state-owned power company, Hydro-Quebec. Also Read: Dutch Court Rules That Bitcoin Has “Properties of Wealth”  Hydro-Quebec Halts Approval of New Mining Operations From Offshore Applicants The company states that “Although [it has] a … Read more

Toronto Stock Exchange Operator Launches Crypto Brokerage

TMX Group, the operator of the Toronto Stock Exchange, has announced it’s launching a cryptocurrency brokerage platform. The service will be offered through its Shorcan Digital Currency Network subsidiary and focused on bitcoin and ethereum. The project will be implemented in partnership with the local fintech startup Paycase Financial Corp. Also read: Israeli Crypto Companies … Read more

Reddit Censorship Strikes Again as Darknet-Related Content Is No Longer Accessible

Censorship is becoming a very real problem on the internet these days. More and more platforms are taking an aggressive stance against shareable content. Reddit is making some very controversial decisions in this regard, as it recently shut down all darknet-related subreddits all of a sudden. The End of r/Darknetmarkets On the one hand, it is rather … Read more

Can Huawei’s Blockchain-Ready Smartphone Make an Impact?

It is evident blockchain technology will continue to make headlines for quite some time to come. Whether or not that will lead to innovative projects is a different matter altogether. Huawei, the smartphone manufacturer, is looking to build a blockchain-ready smartphone in the future. It’s an ambitious project, albeit one that won’t make sense to … Read more

Japan’s FSA Opens Active Dialogue With Binance Over Recent Issues

Misinformation has become all too common in the world of cryptocurrency over the past few months. This industry has increasingly attracted a lot of new users who tend to spread half-truths and wrong details. In the case of Binance, the company is not facing specific scrutiny from the Japanese government, despite what some media outlets may claim. The … Read more

Verge’s “Fundraising” Effort Related to a New Partnership Raises a Lot of Questions

There have been a lot of concerns regarding specific altcoins as of late. In the case of Verge, its recent publicity stunt is backfiring in quite spectacular fashion. It goes to show that good intentions can often result in criticism, mainly because the campaign’s overall approach leaves a lot to be desired. Stirring the Verge Hornet’s Nest To … Read more

DOJ Hits Crypto-Friendly Money Company Payza with Laundering Accusations

The money transfer provider Payza has been sued by the US Department of Justice for allegedly committing acts of money laundering totaling around $250 million. The lawsuit hit the cryptocurrency-friendly payment portal Payza with allegations of conducting illicit activities such as pyramid schemes, Ponzi schemes, and even child pornography. A court document was filed almost two years ago on November 3, 2016; nonetheless, it was … Read more

Tax Filing Platform Teams with Zebpay to Help Crypto Taxpayers in India

The largest tax filing platform in India, Cleartax, together with Zebpay, one of the leading Indian cryptocurrency exchanges, is uniting efforts to help Indians with their crypto taxes. The partnership aims to educate bitcoin investors and traders about the current tax laws and how they apply to reporting cryptocurrency incomes and profits. Also read: 0 … Read more

How Big will Bitcoin Become?

The story of the printing press can provide some insights. Store of value. Medium of exchange. Hard forks. Altcoins. Price swings. Bitcoin dominance. Energy consumption. Government bans. Beneath all the buzz lies a technological innovation with profound implications. So just how big will Bitcoin and the growing ecosystem of cryptocurrencies become? Will they spell the … Read more