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How Crypto Social Network Minds is Using Ad Buys to Create a ‘Semi-Stablecoin’

All the talk about stablecoins has people re-examining the actual value of crypto tokens and the associated markets. The discussion is particularly relevant during a bear assault on the whole crypto market, like the one we’re seeing now. Frequent Bitcoin commentator and Cornell professor Emin Gün Sirer believes there is a distinct difference between a coin that is pegged to a fiat currency and a coin that is “stable.” Continue reading How Crypto Social Network Minds is Using Ad Buys to Create a ‘Semi-Stablecoin’

Norway Removes Tax Breaks for Bitcoin Mining as Crypto Firm Labels it a ‘Disaster’

Norway, a country known for its green crypto mining outfits, has decided to roll back a tax structure which previously allowed cryptocurrency miners to be taxed on power consumption at the same rate as other industries which use a lot of energy, according to a local news outlet. Continue reading Norway Removes Tax Breaks for Bitcoin Mining as Crypto Firm Labels it a ‘Disaster’

South Korea to Track Beef Through Entire Supply Chain on a Blockchain

A blockchain technology pilot aimed at tracking beef through the entire food supply chain has been announced in South Korea. The pilot will be jointly undertaken by the Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs, according to Yonhap News Agency. The launch date has been set for next month in North Jeolla Province and after a brief trial period, there will be a formal unveiling of the blockchain application in January next year. Continue reading South Korea to Track Beef Through Entire Supply Chain on a Blockchain

Pantera Capital CEO: In a Decade Billions of People Will be Using Bitcoin

In the words of the CEO of bitcoin investment firm Pantera Capital, Dan Morehead, disruptive technologies usually earn the title ‘category killers’ but in the case of bitcoin it is a ‘serial killer’. Continue reading Pantera Capital CEO: In a Decade Billions of People Will be Using Bitcoin