Luzboa, a portugal-based electricity retail firm is making plans to facilitate the use of Bitcoin as a payment means. The electricity retail company said it is making proper technological advancement possible so as to start this great progress. Making Things Easy For Tech Elites Luzboa feeds upto 5,000 clients with electricity. Among these people are,…
Robinhood, an online application has stated its intentions to allow withdrawals and deposits of cryptocurrencies on its platform. The online brokerage application had previously restricted their clients to only buy and sell cryptocurrencies within their Robinhood accounts. Robinhood Policy Robinhoood had initially limited its users ability to buy cryptocurrencies and other volatile securities. Notably it…
The canton of Zug which is a state in the Swiss Confederation has started accepting tax payments in Bitcoin and Ether. The canton acknowledged the cryptocurrency option last year and also announced support for it. The canton of Zug has furthermore announced that it has partnered with Bitcoin Suisse for this new incentive. Bitcoin Suisse…
SynBiotic SE, a German cannabis company has become the first cannabis-focused public company in Germany to Bet on bitcoin as against euro. The company based in Munich made this known in an announcement. The cannabis-focused public company invested an undisclosed amount in Bitcoin as against the devaluation of Euro. SynBiotic SE Reasons The company deems…
Chris Cupp a Youtuber with the channel name ‘Nsxtra’ has said he regrets his decision back in 2017. As at 2017 a bitcoin was worth $1000 and many considered it a meagre sum, so Cupp decided to spend the bitcoin he had then on his dream car. Buy a Dream Car or Hold Bitcoin? Chris…
Brad Smith, Microsoft president, recently disclosed that the company has no intention of buying Bitcoin now. Smith made this statement on CNN adding that there were no internal discussions going on about buying cryptocurrency, Bitcoin in particular. Why Will Microsoft Not Invest In Bitcoin? The cryptocurrency Bitcoin has been gaining momentum since the start of…
TRON, one of the leading smart contract network has set plans to launch a global developer hackathon. The label given to this event is, the Great Voyage: TRON 2021 Global DeFi Hackathon. This product is a DeFi product that will boost broader adoption. The event will have a huge $10 million to award prizes for…
A cryptocurrency advocacy group, Global Digital Finance has said the Hong Kong newly proposed Crypto rule will cause retail investors to associate with unlicensed platforms. Global Digital Finance made this known and explained that the proposed rule will increase financial risk for the retail investors. The Hong Kong’s Proposed Crypto Rule A report given by…
Alexei Navalny, the Russian opposition leader has reportedly received $3,200,000 worth of Bitcoin this year alone. The total sum of Bitcoin received by the opposition leader sums up to a whopping 658 btc. The reason for these donations in BTC is still unknown but analyst believe it is to fund Alexei Navalny’s movement against the…
The Australian Securities and Investments Commission has changed its stand as per Bitcoin-linked exchange-traded funds (Bitcoin ETF). The Australian’ regulators made this known in a report by the Australian Financial Review. It said although it had rejected previous offers for Bitcoin ETF, it will now consider it. Why Did The Regulators Reject The Initial Bitcoin…