What is World Wi-Fi / WeToken (WT)? | Beginner’s Guide

How Does World Wi-Fi Work? World Wi-Fi is a blockchain project that’s tokenizing access to privately-owned wireless routers. The concept behind this project is simple. There are many private Wi-Fi networks (including many residential ones) that are unavailable for the public to access. Because of this, most of the available bandwidth typically goes to waste. …

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‘Cryptomatoes’ Using Excess Mining Heat to Grow Produce

Over the past couple of years, there’s been a lot of discussions concerning the energy consumed by cryptocurrency mining. However, more recently mining operations have been using environmentally friendly methods and some of them are channeling the excess heat to do produce other goals. This week the co-founder of the trading platform Nakamoto X, Kamil …

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Study Finds $3B Worth of Faked Cryptocurrency Volumes and Wash Trades

On March 10 a cryptocurrency trader and researcher published a report on how he believes $3 billion worth of cryptocurrency trade volumes, primarily from a couple of exchanges, are concocted. The author of the study, Sylvain Ribes, alleges that the exchange Okcoin has been fabricating up to 93 percent of its trade volumes. Also read: Thailand …

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China’s PBOC Governor Speaks Against Speculative Cryptocurrencies

This week the People’s Bank of China (PBOC) governor, Zhou Xiaochuan, spoke about both public and privately issued cryptocurrencies. Zhou details that the central bank dislikes “speculative cryptocurrency products” and the bank does not officially recognize digital currencies like bitcoin. Further Zhou explains the bank is monitoring projects like bitcoin and initial coin offerings (ICO), …

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Excessive Crypto Regulation Not Optimal, EU Banking Authority Says

The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series …

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Anecdotal Reports Suggest Google is Cracking Down on ICO Advertising

According to the anecdotal reports of several companies operating in the initial coin offering (ICO) industry, Google is taking steps to restrict the visibility of ICO advertising on its platforms. The reports come months after Facebook banned adverts promoting cryptocurrencies or ICOs on both Instagram and Facebook. Also Read: Bitcoin Sports Betting Site Under Investigation in …

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Bitcoin Sports Betting Site Under Investigation in Australia

Australian authorities have announced that Bitcoin-based sports betting website, Justbet, is currently the subject of an investigation. The website represented itself as Australian by registering its domain in an Australian Island territory, however, Justbet’s IP address can be traced to Costa Rica. Also Read:The ‘Crypto-Heater’ Mines Digital Currency While Heating Your Home  Bitcoin Betting Website …

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