Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits

In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this practice. Also Read: Banking Giant HSBC Set to Fire 10,000 More Employees Credit Suisse to Punish Big Savers Zürich-headquartered multinational investment bank Credit Suisse has recently announced that it will soon begin offering negative interest rates on Swiss franc accounts…

Read More

Smartphone Developers Embrace Crypto as Opera Integrates BTC and TRX

The love-in between smartphone developers and cryptocurrency users is smoldering. What started out as a flirtation by HTC and Samsung has blossomed into a full-blown affair, incorporating hardware and software support from a string of companies. Today, Opera ramped up its cryptocurrency support, integrating Bitcoin Core and Tron into its mobile browser wallet. Also read: Running Bitcoin Cash: An Introduction to Operating a Full Node Opera Sings Crypto’s Praises Cryptocurrency users awoke this morning to the news of another smartphone integration. Opera’s Android wallet now supports BTC and TRX, in…

Read More

Cashaa Launches Banking Solution for Indian Crypto Owners

Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies. Also read: Indian Finance Minister Answers Crypto Questions at IMF Meeting Cashaa’s Banking Solution U.K.-based online banking platform Cashaa announced Monday that it will start enabling users to buy cryptocurrencies with INR on Oct. 23. The company explained that “While access to crypto in India through…

Read More

4 Cryptocurrency Projects That Successfully Changed Blockchains

Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project occasionally finds its first choice of blockchain isn’t ‘the one,’ forcing it to play the field. Also read: Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO Unchained: When Cryptos Drop Their Blockchain Like marriage, blockchain is meant to be a life-long commitment. You pick your…

Read More

Bitcoin.com Launches HashRace Promotion to Maximize Miners’ Profits

JAPAN, TOKYO, October 21, 2019 — Bitcoin.com, the world’s leading resource for cryptocurrency-related products and news, has launched the HashRace, a Bitcoin.com Pool promotion aimed at maximizing profits for its extensive network of Bitcoin mining clients. The 180 day promotion, which began on October 21st, 2019, will reward miners with an unlimited hashrate bonus for directing their own hashrate to the Bitcoin.com mining pool. Every miner contributing at least 500 TH/s will receive a ‘hashrate bonus’ in the form of free hashrate, dependent upon the individual miner’s contribution over the…

Read More

4 Cryptocurrency Projects That Successfully Changed Chains

Choosing the right blockchain is a tough call for any development team. It’s a decision that entails correctly anticipating project requirements – scalability; speed; community; security – before a line of code has even been written. It’s no wonder that a project occasionally finds its first choice of blockchain isn’t ‘the one,’ forcing it to play the field. Also read: Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO Unchained: When Cryptos Drop Their Blockchain Like marriage, blockchain is meant to be a life-long commitment. You pick your…

Read More

Running Bitcoin Cash: An Introduction to Operating a Full Node

Setting up a Bitcoin Cash node is a fairly easy task for someone who wants to contribute to the decentralized ecosystem. There are various ways you can run a node whether it’s on a cloud, on a local machine or by leveraging a small single-board computer. The following is a simple introduction for anyone who wants to set up a full node implementation. Also Read: The Fed Plans to Inject $60 Billion per Month Into the Economy The Required Elements Needed to Run Bitcoin Cash During the last two years,…

Read More

Bad for Business: How KYC/AML Makes Everyone a ‘Terrorist’

Two reports from risk solutions group Lexisnexis assert that anti-money laundering (AML) and know your customer (KYC) policies can negatively affect a business’s bottom line and customer service significantly. A recent trip to the local post office for a money order certainly had a negative effect on my own experience, thanks to the same regulations, which make paying customers feel like they are suspected terrorists just for doing business. Also Read: Bittrex Pulls Out of 31 Markets Citing Regulatory Uncertainty Everyone’s a Suspect A recent visit to my local post…

Read More

How to Safely Store Your Wallet Recovery Phrase

As a cryptocurrency holder, security is paramount – and you can’t be too careful when it comes to your wallet recovery phrase. Unless you want your meticulously accrued crypto to disappear into the ether (or your ether to disappear into the cryptosphere), safely stashing your wallet mnemonic is vital. You must do everything in your power to construct a fortress around your recovery phrase, which you’ll need should you misplace your smartphone or lose your wallet. Also read: Bitcoin and Mnemonics: The Art of the Secret Phrase Hide Yo Seed,…

Read More

Bitmain’s Jihan Wu Talks Mining and Industry Growth With Bitcoin.com’s CEO

At the World Digital Mining Summit in Frankfurt, Germany, Bitcoin.com’s CEO Stefan Rust sat down with Jihan Wu, cofounder of Bitmain Technologies and Matrixport. The two discussed how cryptocurrencies being used for payments is spreading and how Bitmain is doing after the bear market last year. Also read: SEC Wants Second Look at Bitwise Bitcoin ETF Proposal A Virtual Economy at Work Approaching Critical Mass The World Digital Mining Summit (WDMS) is a two-day mining conference that hosts an assembly of industry leaders, mining rig manufacturers, cryptocurrency pool operators, and…

Read More