Buying renewable energy with cryptocurrency is the goal an African startup based in Nigeria hopes to achieve. OneWattSolar is a startup based in sub-Saharan Africa, which plans to tokenised renewable energy by allowing users to pay for energy using blockchain based tokens. According to the blockchain energy startup, customers will not have to pay for the solar panel system, as it is free, but comes with an internet enable router that will collect data on…
Binance Uganda, the recently launched subsidiary of popular cryptocurrency exchange – Binance, has hit a milestone just few weeks after the October 24 opening of its first fiat-to-crypto subsidiary in Uganda, East Africa. Despite a general decrease in global cryptocurrency entrants this year due to waning coin prices, the nation of over 43 million seems to have nationals buzzing in the cryptocurrency sphere. This revelation is in contrast to fiat statistics which show that three…
Bithub Africa, a Kenya-based blockchain and cryptocurrency startup is studying the use of off-grid solar power to mine Bitcoin and Ethereum. Speaking on its proposed operations, John Karanja CEO and founder of Bithub Africa expressed his optimism regarding their mining operations which he hopes will spread the technology to other parts of the continent. In his words, Mr Karanja quipped: We are using solar energy in a similar manner to traditional power sources, to test…
Ethereum Hotel: There is a newly launched hotel in China named the ‘Ethereum Hotel’. The hotel is located at the National Scenic Area of China’s Sichuan province (Western China) and is the first hotel in the country to publicly accept cryptocurrency payments. As an incentive to crypto users and customers, the hotel offers discounts on payments for services made with cryptocurrency (Ethereum). On their first visit, customers are welcomed by the sight of a big…
In a flash move following the SECs ETF postponement and just as a few experts had predicted, the cryptocurrency market has seen greens over the past 24 hours. A huge talking point is Ripple (XRP), as the altcoin has taken a leap and currently stands as the Second Largest Cryptocurrency as it overtakes Ethereum (ETH) on CoinMarketCap table. At this time, Ripple’s market cap stands at $26 billion while Ethereum takes third place at $23…
Ethereum (ETH) has shown recovery potential after its weary price dip in recent months, which had many enthusiasts questioning its ability to recover and the reason for its sharp decline given its close affinity to Bitcoin as the second most valued cryptocurrency and number one altcoin. However in a positive flash over the 24 hours window and after Wednesday’s 14-month low of $170, Ethereum price has increased by 16% to stabilize above the $200 mark…
Yahoo Finance a top financial company and subsidiary of the Yahoo conglomerate, has in a quiet move launched its own crypto trading feature on its platform. According to a tweet by sources, the company known predominantly for trading stocks has at this time integrated a new buy/sell option for Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) on its platform. As evident on its website, these specified crypto coins now have an accompanying buy and sell button next…
Baidu Tieba, the forums business of Chinese search giant Baidu, has begun clamping down on crypto related material being hosted on its forums. Attempting to search terms like digital currency prompt the following error message : “This forum is temporarily closed due to relevant laws, regulations, and policies.” Baidu Tieba is currently one of the biggest forum communities in China. Resembling the likes of Reddit across the globe, Baidu Tieba has allowed well over 300…
Popular altcoin Ethereum, is set to launch a top-level internet domain name as announced in an upcoming partnership deal. This new feature would enable Ethereum Name Service (ENS) get a top-level domain name which enables its users attach their addresses to this domain name for easy recollection of identifiers associated with their wallets and crypto assets. The new project will provide ethereum users options to replace long addresses with basic human readable names linked to…
Crypto has long been associated with illegal activities including soliciting murder and the drugs trade. However as soon as crypto’s image was cleared up the likes of Augur pop up again allowing crypto users access to a whole range of illegal activity. Augur was launched 2 weeks ago with the aim of allowing users to open betting markets as they see fit. similar to services such as Fairlay which operate legally around the globe, users…