Adoption

Beware! Scammers Are Out for Crypto Amid the Coronavirus Pandemic

Source Node: https://cointelegraph.com/news/beware-scammers-are-out-for-crypto-amid-the-coronavirus-pandemic
Time Stamp: April 2, 2020 3:52 PM - Modified On: August 29, 2021 - Published By:
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As the world continues to battle with the deadly coronavirus pandemic, immoral cybercriminals are once again on the prowl. This time, they are using the chaos and fear through phishing techniques and sophisticated malware hacks to access people’s crypto holdings.On March 27, residents in the United Kingdom received warnings from their local councils “to be on their guard against a series of scams attempting to take advantage of the coronavirus outbreak.” Scammers have been using other tricks to lure victims, including the use of false Bitcoin (BTC) donation channels, fake

Nigeria Launches Its First Bitcoin ATM

Source Node: https://insidebitcoins.com/news/nigeria-launches-its-first-bitcoin-atm/256256
Time Stamp: April 2, 2020 11:46 AM - Modified On: August 29, 2021 - Published By:
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The largest country in Africa, Nigeria, is becoming savvier in the crypto sphere by the day. It recently launched its first Bitcoin ATM, which is also the fifteenth in the entire continent.Blockstale BTM installs ATMThe ATM was installed in the Dazey Lounge and Bar in the state of Lagos by Blockstale BTM. It plans to start 30 more terminals across the country. Daniel Adekunle, the founder and chief executive of the company said,“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in

New Research Suggests Bitcoin’s Satoshi Nakamoto Also Created Monero (XMR)

Source Node: https://coinfomania.com/research-claims-bitcoin-nakamoto-created-monero/?utm_source=rss&utm_medium=rss&utm_campaign=research-claims-bitcoin-nakamoto-created-monero
Time Stamp: April 2, 2020 5:38 AM - Modified On: August 29, 2021 - Published By:
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New evidence suggests that the anonymous creator of Bitcoin, Satoshi Nakamoto, might have also created privacy-focused cryptocurrency, Monero (XMR). For one thing, Bitcoin (BTC) and Monero share quite a number of similarities including the anonymity of their founders. Nakamoto same as Nicolas van Saberhagen? Conducted by Monero Outreach, a workgroup of the decentralized Monero community that aims to drive greater Monero adoption and awareness, the research claimed that Nakamoto and the unknown author of the Monero whitepaper, Nicolas van Saberhagen, may have been the same person or group.  According to

New Report links Satoshi Nakamoto with the Monero Whitepaper

Source Node: https://insidebitcoins.com/news/new-report-links-satoshi-nakamoto-with-the-monero-whitepaper/256175
Time Stamp: April 2, 2020 4:24 AM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

The identity of Bitcoin creator (or creators) Satoshi Nakamoto is still one of the most highly debated questions in the crypto space today. However, a new research report is suggesting that the creator also developed another prominent digital asset. According to new research by Monero Outreach, the privacy-focused digital asset may also be the creator of Bitcoin. Using Monero to “Fix” BitcoinMonero was developed in 2014 as a means of addressing some of the privacy issues that Bitcoin had at the time. Up till today, the asset remains one of the most private digital

Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025

Source Node: https://cointelegraph.com/news/investment-in-blockchain-in-energy-markets-will-top-35-billion-by-2025
Time Stamp: April 2, 2020 2:12 AM - Modified On: August 29, 2021 - Published By:
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According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year. Although $35 billion seems high, it’s dwarfed by the net worth of $1.85 trillion for the energy market as a whole. Key players using blockchain and DLT in the field include Accenture, AWS, Bigchaindb, Deloitte, IBM, Infosys, Microsoft, Nodalblock, Oracle, SAP, Enosi, and Electron. Blockchain

Indian Cryptocurrency Exchange to Expand Internationally

Source Node: https://insidebitcoins.com/news/indian-cryptocurrency-exchange-to-expand-internationally/256161
Time Stamp: April 1, 2020 11:27 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

An Indian cryptocurrency exchange, BuyUcoin, has just received a license to expand internationally, according to a report from Business Standard.Apparently, the platform received what is called a crypto trade and wallet license from Estonia. Based in Delhi, BuyUcoin will only expand to countries with a clear regulation for cryptocurrencies.Speaking on the matter is BuyUcoin CEO and a co-founder of the project, Shivam Thakral:“The incredible judgment will lead to economic growth, job creation, investment opportunities along with overall mass adoption for blockchain and cryptocurrency-based products and services. At BuyUcoin, we strive

Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

Source Node: https://cointelegraph.com/news/nigeria-becomes-eighth-african-nation-to-welcome-bitcoin-atms
Time Stamp: April 1, 2020 3:01 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Africa’s largest country has welcomed its first Bitcoin ATM.Blockstale BTM, the company that installed the ATM in the Dazey Lounge and Bar in Lagos state, plans to launch more than 30 more terminals across Nigeria.“Despite all the legal uncertainties about cryptocurrencies in Nigeria, Nigerians happen to be the highest crypto traders in Africa,” Blockstale’s chief executive and founder, Daniel Adekunle, told local media on April 1. Adekunle developed his Bitcoin ATMs in partnership with a tech firm based in Shenzhen, China.Nigeria welcomes Africa’s 15th Bitcoin ATMDespite being home to the largest

Coinbase Bootstraps USDC; Invests $1.1M in DeFi Products Uniswap and PoolTogether

Source Node: https://coinfomania.com/coinbase-invests-1-1m-usdc-uniswap-pooltogether/?utm_source=rss&utm_medium=rss&utm_campaign=coinbase-invests-1-1m-usdc-uniswap-pooltogether
Time Stamp: April 1, 2020 2:27 PM - Modified On: August 29, 2021 - Published By:
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 Leading US-based cryptocurrency exchange and wallet provider, Coinbase has announced that it has made a direct investment up to the tune of $1.1 million in two different Decentralized Finance (DeFi) products – Uniswap and PoolTogether.  According to the official announcement today, the funding was made via the exchange’s stablecoin, USD Coin (USDC) and it is part of Coinbase efforts to increase the projects’ chances of competing against other existing financial products.  Uniswap The Uniswap platform is an automated market maker built on the Ethereum blockchain that is currently simplifying exchanges’

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed

Source Node: https://cointelegraph.com/news/berkeley-blockchain-xcelerator-director-on-what-dlt-startups-need-to-succeed
Time Stamp: April 1, 2020 9:28 AM - Modified On: August 29, 2021 - Published By:
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The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of the Xcelerator, to find out more about the resources the program offers to startups, success stories from previous cohorts and advice for startups looking to launch in the crypto space.Cointelegraph: Could you give an overview