Morocco

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Africa and its Antiquated Banking: Cryptocurrencies The Solution?

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Africa has steadily accelerated the switch to modern technologies. But can a continent facing a crisis with antiquated banking technologies, low rate of financial inclusion, poor confidence in the banking system, and high remittance costs become the new battleground for blockchain or cryptocurrency-centred settlements? Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning … Read more

Bitcoin Mining News: Brookstone to Build Wind Farm in Morocco, Québec Increases Rates

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In recent mining news, Brookstone Partners has announced its intention to build a 900-megawatt wind farm in Dakhla, Morocco, Hydro-Québec has been given permission to charge cryptocurrency miners increased rates, and DMG has begun installing its 85-megawatt substation in Canada. Also Read: Crowd Psychology Driving BTC Prices, Finance Experts Say Brookstone Partners Plans 900 MW Wind … Read more

Alleged British Bitcoin Scammer Extradited to US for Defrauding Over $36 Million

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The FBI has announced on Friday that Renwick Haddow, a 49-year old UK national, has been extradited to the US from Morocco to face charges at the Southern District Court of New York. He is accused of defrauding more than $36 million from victims by making material misrepresentations and misappropriating investment funds in two companies, … Read more

The Futility of Government Bans – Bitcoin Always Finds a Way

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Cryptocurrencies have been threatened at one point or another by nearly every country on the planet. Rarely does a government venture beyond rhetoric. Those resorting to crackdowns are often met with greater public appetite for decentralized virtual money, making all that initial fuss an exercise in futility. Be they communist strongholds or liberal democracies, bitcoin … Read more