Elon Musk Mocks Bitcoin Security And Scams With Tongue-In-Cheek Tweet

Bitcoin is often mocked by the wider cryptocurrency sector for its older technology compared to some of its newer peers and now Elon Musk, a serial entrepreneur who’s no stranger to controversy, has lampooned the bitcoin scams that plague Twitter and other social networks. Musk, the founder of electric car company Tesla and aerospace manufacturer SpaceX, is […]

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Kenyan crypto-currency pioneer: ‘I make my money from Bitcoin and tasty roast meat’

The towering vista of Mount Kenya provides an unlikely backdrop to a tech-savvy Kenyan restaurant that has embraced crypto-currencies as a form of payment. Betty’s Place specialises in “nyama choma”, a lip-smacking goat meat barbeque that is a firm favourite amongst Kenyans. Located in the rural town of Nyeri, about 150km (90 miles) outside the […]

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DigitalMint selling Bitcoin on demand in Sioux City, South Sioux City

SIOUX CITY — Cash is easy enough to get when you have a bank account — ATMs have been spitting out $20 bills for decades. What if you have cash, but want cryptocurrency?  DigitalMint, a Chicago-based chain of Bitcoin ATMs and teller windows, opened a retail outlet in Sioux City in early October. A store […]

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Japanese Consortium to Research Direct Trading of Electricity with Blockchain

A Japanese consortium is to research the use of blockchain technology to determine the price of surplus electricity generated by photovoltaic power generation, and a new system capable of direct trading. Japan Unisys to Build Blockchain Platform to Facilitate Trading of Electricity A partnership between the University of Tokyo, IT company Japan Unisys, electric utility Kansai […]

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Bitcoin Congestion Reaches 95%; Fees Remain Relatively Low

Bitcoin blocks experienced up to 95 percent congestion this month, but it didn’t impact its transaction fees, which remain at around $0.1 Cryptocurrency analyst Willy Woo published a graph to demonstrate a stark comparison between BTC transaction fees in two separate congestion episodes. The first case was from 2017, the year that witnessed Bitcoin congestion […]

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