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The possibilities and ambitions of blockchain are endless and wildly exciting. The emerging tech has huge potential to massively change lives across the globe. However, along with looking into the future, it’s important to keep track of the past and present. It’s often overlooked, but there are already numerous groups that have been affected by … Read more
Back in April, news.Bitcoin.com reported on a charity called Eat BCH that’s been feeding the hungry in Venezuela with food purchased with bitcoin cash (BCH) donations. Since then the group has also started feeding people in South Sudan where citizens in the East-African region are suffering from economic turmoil and a lack of daily nourishment. … Read more
Zimbabwe’s central bank issued Circular to Banking Institutions No. 2/2018: Virtual Currencies, effectively banning all crypto activity in the African nation. Businesses dealing in decentralized currencies have 60 days to comply. Also read: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now Zimbabwe Bans Crypto Issued 11 May, the Reserve Bank of Zimbabwe, … Read more
Washington and legacy media are in a tizzy about Venezuela reportedly thwarting international sanctions by way of a dreaded state-backed cryptocurrency. A closer look reveals several stumbling blocks for the Bolivarian Republic: nonexistent reserves, hyperinflation, centralization, and the impossibility of actual redemption. The attempt will fail, if it’s ever rolled out, adding woes to a region … Read more
Back in October, we reported on the launch of the peer-to-peer trading platform called Localbitcoincash. Since then the website has seen some updates, more users are exchanging, using the platform, and the developer of the exchange has plans to add a ‘shapeshifting-like’ service to the portal shortly. Also read: 2017: The Year of Altcoins, Forks, and … Read more
