A new cryptocurrency startup is offering a unique form of online advertising that can be purchased exclusively with Ether. A company called CryptoPicture has launched what they call a "billion-dollar picture." Basically, it is a large 1,000x1,000 pixel image that will be a collage of ads.…
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Chinese Government Tightens Control On Cryptocurrency: Keeps Economy Strong
In an effort to protect the yuan (RMB), the People's Bank of China said it will apply strict measures to cryptocurrencies. And while the statement published on the Chinese central bank's website March 29 offered no specifics on policies against either crypto, virtual or digital currencies, the deputy director of…
GNTB is yet another German organization to adopt cryptocurrency usage
Germany is one of the handfuls of nations that are ahead of the curb in many regards, and that includes crypto-currency adoption. The National Tourism Center (GNTB) of the country is now taking various forms of crypto-currencies as a payment method for their services. The staff of the GNTB claims…
The Cryptocurrency Ban in South Korea: How and Why
Cryptocurrency has been gaining in popularity in recent years both as a means of exchange and as a financial investment. A cryptocurrency is a digital currency that is entirely independent of any central bank. The currency employs encryption techniques to generate and regulate the units of currency and to verify…
Release the Kraken! Crypto-exchange 'Kraken' comes back online with no fees.
The Kraken cryptocurrency exchange has come back online today, Jan. 13 at 11:30 UTC, after a more than 48-hour delay. The exchange was scheduled to go offline on Jan. 11 at 5 UTC for a predicted two hours for a system upgrade. As the maintenance time offline grew to…
Eastman Kodak Stock Rises 120% Due to Crypto Mining and KodakCoin
Eastman Kodak announced to the public it plans to mint its own cryptocurrency, the KodakCoin. Shares in the company soared 120% after the announcement. Kodak is a US firm who is teaming up with Wenn Media Group based in London to present the initial coin offering or ICO. This blockchain-based…