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General Bytes, one of the largest Bitcoin ATM manufacturers in the world, has installed ten new Bitcoin ATMs spread out across the Prague Metro. With the ten new machines, the Czech Republic will now have a total of 46 Cryptocurrency ATMs and 27 of those devices are located in Prague. A large majority of the

Read More: https://news.bitzamp.com/general-bytes-has-installed-ten-new-bitcoin-atms-across-prague-metro-in-europe/

New Study Estimates Bitcoin Could Consume 7.7 gigawatts Before the End of 2018
The Bitcoin network is run by miners, computers that maintain the shared transaction ledger called the blockchain. Energy consumption required to mine Bitcoin may soon become too expensive for cryptocurrency mining to become profitable. A new study estimates that cryptocurrency mining can consume as much as 2.6GW of power, almost as much electric power as

Read More: https://news.bitzamp.com/new-study-estimates-bitcoin-is-going-to-consume-much-electricity-before-the-end-of-2018/

Bitcoin Billboards have been erected outside billionaire investor Warren Buffett’s office to remind him he could be wrong about his views on Bitcoin. The erection of billboards near Warren Buffett’s office is due to his constant attacks and firings of Bitcoin and other cryptos. Buffett is one of the top most entrepreneurs and investors who

Read More: https://news.bitzamp.com/bitcoin-billboards-erected-outside-warren-buffetts-office/

Union Bank, the sixth largest bank in Isreal, has been slapped with a lawsuit by local cryptocurrency mining firm Israminers for closing its accounts. Israminers accuses the bank of unilaterally deciding that it will no longer let the business accept funds from Bitcoin exchanges after three months of operations. The bank will then return the

Read More: https://news.bitzamp.com/isreali-bitcoin-mining-firm-sues-bank-for-accounts-closure/

As part of its ongoing efforts to ensure convenient banking experience for its customers, BankDhofar has announced that it is the first bank in Oman to be a part of Ripple’s global enterprise Blockchain network, RippleNet. They are trying to ensure and provide convenient banking for its customers. The news were made public just recently

Read More: https://news.bitzamp.com/bankdhofar-joins-ripples-network-for-its-instant-payment-system/

The 600 Stolen mining devices from Icelandic heist is suspected to be in China, local media outlet RUV reported last week. The Icelandic police sent an inquiry to the Chinese authorities after the latter reportedly confiscated 600 mining devices. The Tianjin police seized the devices after discovering an unusually high consumption of electricity in their territory.


Read More: https://news.bitzamp.com/icelands-missing-bitcoin-miners-may-have-been-found-in-china/

New head of South Korean Financial Regulator Promises Friendly Approach towards Cryptocurrency
Yoon Suk-heun, the newly appointed chairman of South Korea’s Financial Supervisory Service (FSS) has promised to consider relaxed cryptocurrency regulation. Speaking at the press-conference after his official appointment, Governor Yoon Suk-heun said he sees “some positive aspects” to cryptocurrencies and that the country’s top financial regulator will consider relaxing cryptocurrency regulations, the Korea Times reported.  “Regarding

Read More: https://news.bitzamp.com/new-head-of-south-korean-financial-regulator-promises-friendly-approach-towards-cryptocurrency/

At the annual meeting of his company on Saturday, the 5th of May, Warren Buffet, the billionaire investor and Berkshire Hathaway’s Chairman and CEO reiterated his negative stance towards cryptocurrencies. According to CNBC, Buffet repeated his idea that cryptocurrencies will come to a ‘bad ending’, and claimed that Bitcoin BTC is probably rat poison squared.

Read More: https://news.bitzamp.com/cryptocurrencies-will-come-to-bad-endings-says-warren-buffet/

The Japan’s Financial Services Agency (FSA) is aiming to avoid a repeat of the Coincheck cryptocurrency exchange hack incidence that happened in January, has set out new regulatory standards for cryptocurrency exchanges platforms in the country. The country’s Financial Services Agency expects to begin using a new, stricter framework for registered cryptocurrency exchanges this summer, and

Read More: https://news.bitzamp.com/fsa-lays-out-five-point-agenda-to-prevent-repeat-of-coincheck-hack-incidence/

The cryptocurrency industry is getting so hot that dedicated career services are popping up. with most major currencies trading up or down by less than 3 percent on the day. As cryptocurrency industry begins to mature, few significant trends beginning to form. The latest trend is Crypto Exchange Huobi Announce Expansion to Canada. Here are

Read More: https://news.bitzamp.com/bitzamp-news-spotlight-for-this-week-from-april-30-05-may-2018/

TrafficJunky, a leading online Ad Network, has announced that it will start accepting Verge (XVG) as a payment method as of next Monday, May 7. The ads network made this disclosure a few weeks after Pornhub and Brazzer announced their partnership with the cryptocurrency. Pornhub, an affiliate of TrafficJunky network, was not revealed by Verge

Read More: https://news.bitzamp.com/trafficjunky-will-start-accepting-verge-as-payment-method-from-monday/

TrafficJunky, a leading online Ad Network, has announced that it will start accepting Verge (XVG) as a payment method as of next Monday, May 7. The ads network made this disclosure a few weeks after Pornhub and Brazzer announced their partnership with the cryptocurrency. Pornhub, an affiliate of TrafficJunky network, was not revealed by Verge

Read More: https://news.bitzamp.com/trafficjunky-will-start-accepting-verge-as-payment-method-from-monday/

Flintstone Technologies Challenged RBI Circular on Cryptocurrencies in Delhi High Court
Flintstone Technologies Pvt. Ltd, a company engaged in trading in cryptocurrencies has challenged a Reserve Bank of India (RBI) circular, prohibiting banks and financial institutions from providing services to such virtual currencies, in the Delhi High Court. Justice Rajiv Shakdher also issued a notice to the RBI, the finance ministry and the GST Council and

Read More: https://news.bitzamp.com/flintstone-technologies-challenged-rbi-circular-on-cryptocurrencies-in-delhi-high-court/

VeChain Partners with ‘Big Four’ Giant PwC in Joint Business Relationship
Chinese cryptocurrency startup VeChain has announced a new partnership with the multinational accounting firm PricewaterCoopers (PwC). According to a post on its twitter account on Friday, VeChain foundation said it is currently in discussion with PwC to provide trust based services on the VeChain platform. “PwC HK is now in discussions with VeChain to provide

Read More: https://news.bitzamp.com/vechain-partners-with-big-four-giant-pwc-in-joint-business-relationship/

British multinational bank Standard Chartered plans to extend its use of the Ripple network for cross-border payments to five more pairs of countries over the coming year. The bank went public with its use of Ripple to unlock the $15 billion trade corridor between India and Singapore in November. The system is being used to

Read more: https://news.bitzamp.com/standard-chartered-will-extend-use-of-ripplenet-to-more-countries/