Crypto News & Blog

Pornhub Cryptocurrency
Pornhub Avoiding Paypal Ban by Using Cryptocurrencies 1024 500 Crypto Rand Group

Pornhub Avoiding Paypal Ban by Using Cryptocurrencies

Models on pornographic video site Pornhub can now accept the US dollar stablecoin Tether (USDT) as payment. In a statement, Pornhub said that adding the cryptocurrency was in direct response to PayPal’s decision to cut off payments to models in November 2019. According to Tron CEO Justin Sun, it will use the TRON variant of…

Central bank digital
World Economic Forum releasing a Central Bank Digital Currency Toolkit 1024 500 Crypto Rand Group

World Economic Forum releasing a Central Bank Digital Currency Toolkit

The World Economic Forum (WEF) — together with some of the world’s major central banks — has created a central bank digital currency (CBDC) policymaker toolkit. According to an announcement  on Jan. 22, the toolkit is the WEF’s attempt to help policy-makers understand whether deploying a CBDC would be advantageous and guide them through its…

Liechtenstein Real Estate
Liechtenstein approves an Ethereum-Based Real Estate Fund 1024 500 Crypto Rand Group

Liechtenstein approves an Ethereum-Based Real Estate Fund

A fully-regulated tokenized real estate fund has been approved by officials in Liechtenstein. The AARGOS Global Real Estate Fund was approved as an alternative investment fund (AIF) by Liechtenstein’s Financial Market Authority (FMA), the company announced. The fund provides exposure to a global real estate portfolio through AARGO security tokens – built on the ethereum…

Vodafone Libra
Vodafone Quits Facebook’s Libra, Focusing on M-Pesa 1024 500 Crypto Rand Group

Vodafone Quits Facebook’s Libra, Focusing on M-Pesa

Vodafone has bailed on Facebook‘s cryptocurrency project, Libra, to focus on expanding its own solution for faster cross-border payments beyond Africa. The telecommunications giant is the latest in a string of companies to have left the Libra Association, alongside Mastercard, Visa, Stripe, and Ebay, CoinDesk reports. Libra, a stablecoin-esque digital currency first revealed in mid-2019,…

Social credit
Chinese Experts Wants “Social Credit” to Use Blockchain 1024 500 Crypto Rand Group

Chinese Experts Wants “Social Credit” to Use Blockchain

Chinese technology experts held a seminar titled “Blockchain technology helps China’s new social credit system” on Jan. 14. English-language news outlet China.org.cn reported on Jan. 22 that over 20 experts from universities, research institutes and businesses attended the event. China’s social credit system is a citizen reputation system that the Chinese government is currently developing.…

Central Banks
EU Central Banks Exploring Cryptocurrencies Use Cases 1024 500 Crypto Rand Group

EU Central Banks Exploring Cryptocurrencies Use Cases

A raft of central banks are banding together to gauge whether they should launch their own digital currencies, Reuters reports. The group aims to assess use cases of central bank digital currencies (CBDCs), analyse design choices such as cross-border interoperability, and share knowledge on the emerging technology. Initial members include the Bank of International Settlements…

Cryptocurrency Tracking
$130,000 contract to Develop a Bitcoin Tracking Tool 1024 500 Crypto Rand Group

$130,000 contract to Develop a Bitcoin Tracking Tool

The UK has opened a contract worth £100,000 ($130,000) to procure software to identify when cryptocurrency is used to avoid paying taxes. In particular, HMRC is seeking the ability to cluster cryptocurrency transactions, identifying those linked to service providers such as mixing, gambling, and dark market services. The contract, posted on January 17, notes the…

India blockchain
India IT Minister Pushing Blockchain for School Management 1024 500 Crypto Rand Group

India IT Minister Pushing Blockchain for School Management

The Indian Telecoms and IT Minister, Ravi Shankar Prasad, has tasked the National Informatics Centre (NIC) with developing a blockchain-based solution for improving the quality of government schools. According to a Jan. 20 report by the Press Trust of India, the minister made the request at the inauguration of a blockchain technology centre of excellence,…

Bitmain investigation
[Unconfirmed] Bitmain Allegedly Under Criminal Investigation 1024 500 Crypto Rand Group

[Unconfirmed] Bitmain Allegedly Under Criminal Investigation

According to Twitter account @btcking555, he has some insider information that Beijing-based Bitcoin mining giant Bitmain is being investigated by the U.S. Department of Justice. While this bombshell is yet to be confirmed, the above-mentioned Twitter account has proven to be a reliable source of Bitmain-related leaks. https://twitter.com/btcking555/status/1216688368551108613?s=20 Bitmain and BitClub  The company allegedly appeared…

Europe Bitcoin
European Citizen Bitcoin Spending habits are Surprising 1024 500 Crypto Rand Group

European Citizen Bitcoin Spending habits are Surprising

With more and more of us now choosing to spend our cryptocurrency holdings – instead of simply hoarding tokens – you might assume that people are starting to spend big on finance and investment. And according to a new report, you’d be wrong. Per data compiled by financial platform 2gether, their European clients are actually…

Binance japanese
Binance Interested in a Japanese Joint Venture 1024 500 Crypto Rand Group

Binance Interested in a Japanese Joint Venture

Crypto exchange Binance is eyeing the launch of a new trading platform dedicated to the Japanese market. According to a blog announcement on Thursday, the firm said it is discussing a strategic partnership with Z Corporation and existing Japan-based exchange TaoTao to work together to provide “trading services” in the country. Z Corporation is a…

coinbase ratings
Coinbase Promising Transparency on Crypto Ratings Council 1024 500 Crypto Rand Group

Coinbase Promising Transparency on Crypto Ratings Council

The Crypto Ratings Council (CRC), the Coinbase-led organization hoping to create a standard for assessing whether different cryptocurrencies are securities under U.S. law, is adding new members. The group announced Thursday that eToro, Radar and OKCoin US have joined the aspiring self-regulatory group looking to streamline how exchanges assess whether a cryptocurrency is a security.…

Swiss blockchain
Swiss building sold $134 million on the blockchain 1024 500 Crypto Rand Group

Swiss building sold $134 million on the blockchain

A building on the prestigious Bahnhofstrasse in Zurich, Switzerland was successfully tokenized and sold on the blockchain today. The new owner of the building is the Swiss real estate investment company BrickMarket. The company has issued bond-backed crypto tokens that figuratively represent “shares” of ownership in the building,. Those tokens are for sale to individuals…

Bitfury
Bitfury Partnering with the UN for Forestland Conservation 1024 500 Crypto Rand Group

Bitfury Partnering with the UN for Forestland Conservation

Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland. As the Astana Times reported on Jan. 14, the project aims to help the country to reduce its greenhouse gas emissions by 15% over the coming decade to meet its commitments…

Gold crypto atm
Former Gold mining company centralizing Bitcoin ATM infrastructure. 1024 500 Crypto Rand Group

Former Gold mining company centralizing Bitcoin ATM infrastructure.

First Bitcoin Capital Corp. wants to unite the providers of bitcoin ATMs around the world. A one-time Venezuelan gold mining outfit-turned multinational crypto startup, First Bitcoin registered with the Securities and Exchange Commission (SEC) last week – an initial step, said CEO Greg Rubin, in providing fragmented bitcoin ATMs a new network. His plan: link…