It's August 2019, and while many of us are enjoying summer, there is a really important thing Bitcoin hodlers and the cryptocurrency community should think about: the fact that nearly 85% of the entire Bitcoin supply has already been mined. The reminder comes from a blog post by Crypto Globe. As of August 1st, 2019,…
Read more
The Internal Revenue Service (IRS) has began sending out letters to crypto holders to "advise" them to pay taxes, otherwise the IRS will follow up with stiff punishments to the tax dodgers. According to The Guardian, the IRS has sent more than 10,000 letters to cryptocurrency investors warning them that they will be "punished" if…
Read more
The entire world, it seems, is concerned about the economic and environmental cost of mining bitcoin. Back in June 2019, Leaprate reported several news articles about the huge carbon imprint that bitcoin mining leaves: ....bitcoin mining caused around 23 millions tons of carbon dioxide – an amount similar to the one in major cities or…
Read more
Just in the beginning of June 2019, Leaprate reported on the incredible $4.6 million-lunch between Justin Sun, the the CEO of BitTorrent and the founder of TRON, and the Wizard of Omaha, or simply Warren Buffett. Justin Sun entered a bid for the lunch and won it. Warren Buffet has been known to hold auction…
Read more
The story of Venezuela and its affinity towards cryptocurrencies to save the economy is a very dynamic and interesting one. The President of Venezuela, Mr. Nicolas Maduro has embraced digital currencies as a way to fight back the plunging bolivar and the restrictive US sanctions imposed on the country. What has killed the economy, however,…
Read more
The US uncertain regulatory environment may have forced Circle to move its exchange operations in Bermuda. Circle has obtained a digital asset license to operate in the less restrictive crypto country. In terms of the strategic move, this is what the Circle team said: While many governments around the world have not kept pace with…
Read more
With a fleet of 195 aircrafts servicing over 500 routes, Norwegian Air is one of the giants in the air travel industry in Europe, and now the company will allow its passengers to buy their tickets with none other but Bitcoin. However, the air travel giant is not stopping here - according to Yahoo Finance…
Read more
Robinhood is what many now know as probably one of the fastest rising and most successful unicorns of Silicon Valley - or startups that have achieved a valuation of or more than $1 billion. The "no commission" crypto broker rose to fame several years ago when it revolutionised the way people trade and the perception…
Read more
Facebook's Libra is getting traction as the project is going full speed ahead. However, it's not only the regulatory heat that Facebook has to deal with currently. Dozens of fake accounts are now claiming to sell Libra at a discount. The cryptocurrency is not released, yet scammers are all over the place. The information comes…
Read more
Bitcoin whales are up again. At the end of the week, bitcoin whales have reportedly moved over $380 million in less than three days. While "whale activity" is quite common especially for the top five cryptocurrencies, no other digital currency even comes close to the amounts moved by Bitcoin "giants". The top five transfers were…
Read more