Crypto Rex

Venezuela Claims Petro Cryptocurrency Has Raised $3bn from Investors in 127 Countries

The Venezuelan government has made some new claims about the pre-sale of the country’s oil-backed cryptocurrency, the petro. After one week, President Nicolas Maduro said that the petro had raised $3 billion from 171,015 certified purchases, from investors in 127 countries. The majority of the orders were in dollars, followed by bitcoin and ether, according …

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What is iExec RLC? A Beginner’s Guide to Decentralized Cloud Computing

What is iExec RLC? Decentralized cloud computing sounds like a beautiful combination of buzzwords used to hype up a product, doesn’t it?  Don’t worry, iExec has substance to back up the buzz, and if this is the first time you’ve heard about the project, that makes sense–the team isn’t big on hype.   As this …

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Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

A small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year. Also Read: Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, …

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Japanese Electricity Company Uses Excess Solar Power for Crypto Mining

Japan’s Kumamoto-Energy, a local power producer and supplier from Kumamoto City, has revealed that it recently began using solar power for mining cryptocurrencies. This is another example of how, contrary to environmental hysteria by mainstream media sources, cryptocurrency mining can enable a greener future using renewable energy. Also Read: British Man in Amsterdam Allegedly Laundered …

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What is Counterparty (XCP)? | Beginner’s Guide

What is Counterparty? Counterparty is a platform for user-created assets on Bitcoin. It’s a protocol, set of specifications, and an API. Taken together, it allows users to create and trade assets on top of Bitcoin’s blockchain. In this way, Counterparty is similar to platforms like Waves or Ethereum. Of course, the difference is Counterparty integrates directly with …

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PR: Education Ecosystem Announces Token Exchange Listings and Chance to Win Three Tesla Model S Cars

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Education Ecosystem (LiveEdu) has announced that their Education token will be …

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Doug Polk Crypto Lines Up Heavy Hitters for New Podcast Channel

Doug Polk Enters the Podcast Arena We’re proud to tell you that our very own Doug Polk now has a cryptocurrency podcast to supplement his ever-popular YouTube channel. On the podcast, Doug discusses all things crypto, from technicals to current happenings, with notable guests in the industry. His first two episodes featured Jimmy Song (Bitcoin …

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British Man in Amsterdam Allegedly Laundered €11.5m in Bitcoin Drug Money

A UK man living in Amsterdam is facing up to five years in prison for allegedly helping people by exchanging fiat cash for bitcoin which was used to buy drugs. He supposedly started by growing cannabis himself but soon found the bitcoin business to be more profitable by itself.   Also Read: US Navy Investigators …

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Bitcoin ATMs Thriving in Michigan’s Most Populous City

Low-income areas in the city of Detroit are seeing a bunch of cryptocurrency-based automated teller machines (ATM). According to local reports, ATMs are popping up in great number in liquor stores, gas stations, and cash-checking locations. Also read: Bitwala Launching Full-Fledged Crypto-Friendly Banking Service with Debit Card Detroit Michigan Sees a Crypto-ATM Invasion Detroit is a …

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