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Why Africa Continues to Lag Behind in Cryptocurrency Adoption

March 22nd, 2019

Africa continues to dominate Google Trends search interest for “bitcoin,” but that has not translated into widespread adoption of cryptocurrency by users and businesses. Apart from opaque regulation and a lack of awareness, one of the major reasons for this failure has been the expansive use of mobile money on the continent. Crypto Adoption Disappoints,…

Indian Exchange Launches Lending Program for 5 Cryptocurrencies

March 21st, 2019

An Indian crypto exchange has launched a program that allows its users to earn interest on their cryptocurrencies held at the exchange. Initially, users can lend BTC, USDT, BNB, XRP, and ETH. The CEO of the exchange has shared details about this new offering with news.Bitcoin.com. Lending Cryptocurrencies Coindcx announced Thursday that its crypto lending…

Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet

March 19th, 2019

The Bitcoin.com Wallet is a simple cryptocurrency light client that supports bitcoin cash (BCH) and bitcoin core (BTC). Since the initial release of the software, there have been 3.7 million noncustodial wallets created and climbing. Now, the latest version of the Bitcoin.com Wallet not only allows users to manage digital assets, but also provides the…

Quadrigacx Co-Founder Michael Patryn Is Actually Convicted Fraudster Omar Dhanani

March 19th, 2019

Quadrigacx co-founder Michael Patryn is actually a convicted criminal who went by the name Omar Dhanani, a Bloomberg report alleges. Dhanani has been previously convicted of identity theft linked to bank and credit card fraud and sentenced to 18 months in a U.S. federal prison. He was later deported to Canada. A Man of Many…

Real Estate Giant Holding Live Luxury Home Auction for Bitcoin

March 19th, 2019

A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible. Live Auction for Cryptocurrencies One of Australia’s largest real…

CNY Inflows Into Crypto Markets Surge After Shanghai Composite Spike

March 19th, 2019

Back in January 2017, China’s financial authorities initiated their first crackdowns against domestic bitcoin exchanges, with a ban on mainland exchanges cryptocurrencies against the yuan coming shortly thereafter. Now, close to two years and three months later, a surge of CNY has been flowing back into the digital currency economy after the Shanghai Composite posting…

Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

March 18th, 2019

The long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about cryptocurrency….

These Cryptocurrency Exchanges Offer Futures Markets on Unreleased Tokens

March 17th, 2019

Officially, Cosmos atoms have yet to reach a cryptocurrency exchange, and until the Cosmos network votes to approve their listing, atoms aren’t tradable anywhere. Unofficially, you can buy and sell Cosmos tokens on half a dozen exchanges already, where the spot prices differ wildly. Welcome to the world of cryptocurrency derivatives, where futures markets can…

Markets Update: Crypto Prices Show Improvement and BCH Rallies

March 16th, 2019

Cryptocurrency markets have seen fresh gains over the last 48 hours and digital asset trade volume has spiked considerably. On Saturday, March 16, the entire cryptoconomy has a valuation of roughly $139 billion and global trade volumes are hovering around $33.7 billion. After a Long Cold Winter, Crypto Enthusiasts Are Hoping to See the Start…

$4K Bitcoin, Grin Fund Grows, Cryptopia Wallets Return

March 16th, 2019

In the first weekend despatch of The Daily, we share some of the exuberance that’s greeted BTC passing the symbolic $4K threshold. We also check up on how the Grin developer fund is going and the progress that Cryptopia exchange is making in returning to full strength in the wake of its hack. Traders Bullish…