Despite the impediments in the crypto sphere, optimism among cryptocurrency traders and enthusiasts has unwaveringly grown. Blockchain technology has been instrumental in developing novel financial solutions aimed at resolving primary everyday difficulties, and more than ever before, the demand for cryptocurrency innovations is on the uprise. Telcoin (TEL) is one of these financial products seeking to transform global remittances. Telcoin (TEL) was created in 2017 by Claude Eguienta and Paul Neuner, and its core mandate is to create a bridge between the crypto space and fiat currencies with the aid of the blockchain. Telcoin Pte. Ltd. is situated in Singapore and boasts a diverse and competent team in Japan, Tokyo. What is Telcoin? Telcoin is a decentralized cryptocurrency and remittance system built on Ethereum. It was designed to make worldwide money transfers easier by integrating blockchain and the telecom industry. Telcoin aims to take over the remittance market, currently dominated by Western Union (WU) and other competitors, by partnering with worldwide telecom enterprises, mobile money platforms, and billing platforms to provide consumers with instantaneous and low-cost digital remittances via a mobile platform and secure wallet. Telcoin leverages the best features of the Ethereum blockchain to achieve its goal. It relies on Proof of Concept (PoC) rather than traditional validators to verify consistency in transaction...
With several governments adopting bitcoin, it is only a matter of time for the price to reflect the bullish sentiment.
Paypal has completed the first international expansion of its cryptocurrency offering outside of the U.S. Paypal Crypto is now available to customers in the U.K. allowing them to buy, hold, and sell four kinds of cryptocurrencies. Paypal Crypto Now Available to All Eligible UK Customers Payments giant Paypal Inc. announced Friday that it has completed […]
While there was no shortage of drama in the cryptocurrency space this week, Ethereum kept producing blocks and surpassed $1 billion in ETH burned. It’s been a particularly eventful week for the blockchain industry — even by the cryptocurrency space’s standards. Topping headlines this week is the resignation of OpenSea’s head of product after the […]
Magnum Real Estate Group is the latest property company to add cryptocurrencies as a payment method, as adoption continues to grow.
Just 10 Days After El Salvador’s “Bitcoin Day”, President Bukele Confirms 1.1 Million Citizens Have Chivo Wallet
El Salvador has now marked its 10th day of bitcoin being legal tender in the country. This is a huge milestone that could not have been predicted to happen this soon. But as with bitcoin, everything is happening on an accelerated timeline. The country had introduced its own government-backed crypto wallet named Chivo in order to enable its citizenry to spend bitcoin in the country. The adoption of this wallet was incentivized by the El Salvadoran government, which said that it was giving away $30 in BTC to every citizen 14 and above who downloaded the Chivo app. This announcement had come about a month before the law went into full effect and as of September 7th, El Salvador became the first sovereign nation to accept a cryptocurrency as legal tender. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course One important point remained if the citizens of the country would actually assimilate into using bitcoin as a way of buying and selling. This is because BTC is not the only legal tender in the country. It operates alongside the U.S. dollar, which is already familiar to the residents. According to a recent tweet by President Nayib Bukele, it looks like El Salvadorans are adapting to using the crypto as legal tender just fine. 17% Of El Salvadorans Have Downloaded Chivo Wallet The president took to his Twitter account to announce that 17% of the country had now downloaded the government-bac...
$2 Billion Worth of Unpeeled Casascius Physical Bitcoins: There’s Less Than 20,000 Coins Left Active
While bitcoin continues to become more scarce every day, the most popular set of physical bitcoins, crafted by Mike Caldwell from 2011 to 2013, have become far scarcer than their digital counterparts. As of September 18, 2021, there are now less than 20,000 active bitcoins from the Casascius physical bitcoin collection. Casascius Physical Bitcoin Collection […]
El Salvador’s adoption of Bitcoin as legal tender this month kindled national ambitions across Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his recent tweeted suggested Bitcoin would be the “official currency” if he became President in 2023. Si nos jugamos a la Presidencia en el 2023!#bitcoin cómo moneda oficial […]
Cryptocurrency trader and YouTube influencer Lark Davis says Ethereum (ETH) is poised for a 190% rally en route to hitting a five-figure price. In a new video, Davis tells his 431,000 YouTube subscribers that the second-largest crypto asset by market cap is preparing to appreciate to above $10,000 based on key fundamental factors. Davis says […]The post Ethereum Above $10,000 Is Already ‘Programmed Into the Matrix,’ Says Crypto Trader Lark Davis appeared first on The Daily Hodl.
Storj (Storj) is an Ethereum token used to power decentralized storage for different developers known as Storj Decentralized Cloud Storage (DCS). It is Decentralized Storage in which all the files are distributed into smaller fragments over the global network, comprising smaller network branches. Similarly, when a user requests a file, all the tiny pieces are assembled from different networks and then securely made available for the user. Storj is one of the older blockchain projects, founded in 2014, initially envisioned as an encoded crypto storage platform, later transformed into the network model. It was originally run on the Ethereum blockchain with ERC 20 standard but has since become the native coin of the blockchain. Now it’s an open-source project, providing private, secure, highly available storage for individual or enterprise-grade projects. Storj is making strides towards the decentralized internet space by launching Storj DCS. The DCS will enable developers to leverage unsurpassed privacy and security benefits of storage. With this new multi-tenant gateway, changing storage to Storj is as simple as altering a few lines of code in their Amazon S-3 compatible applications. Storj allows anyone with the extra disk space and bandwidth to run a node enabling them to share their resources with the users who need them. It allows easy storage of files on its DCS without the requirement of a collective data center. A...