Tag: Business

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Tron Foundation Reportedly Tapped US COVID-19 Business Relief Program for $2M

The Tron Foundation is once again mired in controversy over an unverified claim that it secured a $2 million grant from a federal relief program for small firms hit by the pandemic. The Tron Foundation is once again mired in controversy over an as yet unverified allegation that it secured a ~$2 million grant from…
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African Bitcoin Trading Volume Breaks 2017’s Record Ahead of Halving

Peer-to-peer Bitcoin trade in Sub-Saharan Africa has rallied, surpassing the previous combined volume record posted at the heights of 2017’s rally. Crypto investors in Sub-Saharan Africa appear to be accumulating ahead of Bitcoin’s (BTC) halving next week. According to data published by Useful Tulips, surging African demand has driven record peer-to-peer (P2P) Bitcoin trading volume…
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Crypto Price Oracles Are About to Become “Unstoppable”

A Chainlink node operator has moved its data to a new “unstoppable” domain on the Ethereum blockchain. A Chainlink (Link) node provider is launching an “unstoppable” domain with oracalized crypto price feeds. Vulcan Link is placing Chainlink’s crypto price feeds on a “.crypto” domain. The domains are sold by Unstoppable Domains and reside on the…
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Silvergate Bank Reports 75% Increase in BTC Trading Volume

The crypto-friendly bank saw an increase in the number digital currency customers and Bitcoin trading volume in the first quarter of 2020. Bitcoin trading and transaction volumes surged at the pro-crypto Silvergate Bank in the first quarter of 2020. According to an April 29 transcript filed with the U.S. Securities and Exchange Commission (SEC) on…
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‘Risky’ Tokenized Real Estate Platform Hits New Heights After Paypal Ban

Ethereum-based tokenized real estate platform hits ATH after turning to crypto following a permanent ban by PayPal. U.S. tokenized real estate platform RealT hit record highs in sales and new users after it turned to crypto-only transactions, following a ban by payments platform Paypal in April. The Ethereum-based startup tokenizes and sells U.S. property, allowing…
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Sign Into Websites Using Your Crypto Wallet Instead of a Password

You can now sign into websites using public keys derived from your crypto wallet — an order of magnitude more secure than using a password. What better way to celebrate World Password Day (May 7) than with a new solution from the cryptoworld to get around insecure passwords and phishing attacks?  The lnurl-auth protocol allows…
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Most of Cash App’s $528M Revenue in Q1 Came From Bitcoin

Square reports that Bitcoin composed the bulk of Cash App’s revenue in the first quarter, though it added much less to profit. On May 6, Square released its filings for the first quarter of 2020. The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin. The numbers for Q1 and…
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Game Developers Can Implement Cryptocurrency Alternative to Ad Revenue

Independent game developers can now easily implement a blockchain-based revenue stream into Unity games, which incentivizes players and removes the need for in-game advertising. Independent game developers face an almost insurmountable hurdle in their quest for success. Without a marketing budget, many have to give away their work for free. Their only hope is to…
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Latest Fiat-Crypto Exchange Launches in India as Local Trade Volumes Soar

A new fiat-crypto exchange has launched in India, two months after the country’s stringent ban on banks’ dealings with crypto businesses was lifted. A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses. The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6.…
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Crypto Mining Giant Bitmain Confirms Problems With Antminer S17 Units

After several customer complaints aired on social media, Chinese mining giant Bitmain confirms that some of its Antminer S17 units have issues. Chinese mining hardware company Bitmain has admitted to having issues with some of Antminer S17 units. “Antminer is paying close attention to the issues of some products from the 17 series, which has…
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