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…
Bill and Melinda Gates Foundation is teaming up with Ripple Labs Inc. (Developers of XRP coin) and California-based blockchain firm Coil to launch a project aimed at enhancing financial access for unbanked and underprivileged communities. The partnership as announced by Deputy Director of the Gates foundation, Miller Abel who explained that the foundation carries out lots of charity work in developing countries but constantly faced inefficiency problems due to poor financial infrastructure in these communities. According…
Olympic Games- Ripple (XRP) has in recent weeks made headlines in the crypto industry for a wide range of achievements, from hosting a top notch SWELL conference, to rolling out great initiative programs and a quick toggle with Ethereum for the second spot on coin market standings. Its latest feat is the drive to become the official cryptocurrency of the 2020 Olympic Games as crypto and blockchain adoption keeps taking center stage. This Olympics initiative…
Bill Clinton, a popular and former U.S. President took the stage as the keynote speaker at the Swell conference organized by Ripple where he aired his views regarding the cryptocurrency industry, blockchain technology and his opinions on current market regulations. During the event held in San Francisco, President Clinton who was joined by former white house adviser Gene Sperling; gave his seal of approval to crypto as he advised lawmakers against seeking to overly regulate…
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…
The recent wave of crypto scams have come to use social media as the preferred medium to proliferate. Targeting innocent crypto users, scammers have begun taking Twitter handles to impersonate developers, even asking users for donations and funds, thousands has been stolen from unsuspecting users. With a number of legitimate crypt developers such as Charlie Lee and Vitalik Buterin having their identities stolen, thousands of dollars has been scammed so far. Even the Ripple CEO…
Cryptocoin thefts are on a rise with over 33 thefts being reported in japan so far this year. As the markets grow, the value of coins such as bitcoin increases considerably not only for consumers but thieves too. It cam as no surprise to many when Nikkei, the leading financial newspaper in the world, reported a estimate $710,848 (according to the national policy agency) having been stolen as cryptocoin assets in the first half of…
The past 24 hours have revealed encouraging market movements for bitcoin with prices jumping up above $4200 earlier today. Having sustained this figure for the majority of today, many breathe a sigh of relief as the week saw prices dip well below the $4000 level hitting $3700 just yesterday. Currently prices are at the $4193.85 mark (at the time of writing), indicating a jump of over $450 from the previous low. As seen on the…