MyCrypto, Inc., an open-source interface that simplifies the process of storing, sending, and receiving digital assets, has just announced it has raised $4 million in a Series A round of funding led by Polychain Capital. With these new resources, MyCrypto aims to build the first mass consumer friendly gateway for cryptocurrency users. MyCrypto provides a…
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Carverr, a Swiss startup, is taking the cryptocurrency industry into a whole other place. Investors are now able to use synthetic DNA to store their Bitcoin, all thanks to the revolutionary work of Carverr. The company has started a platform that essentially enables investors to convert their cryptocurrencies and the private keys into DNA, which…
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Venezuela introduced its state-backed cryptocurrency, the petro and now the President of the country has ordered all banks to adopt the new digital currency as of this past Monday. Venezuela is suffering from a huge economic and political crisis, with the US sanctions coming in force with hunger and even water crisis in the capital.…
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Canada has decided to put off the cryptocurrency regulations, which were due this autumn. They were supposed to publish the regulations in the Canada Gazette, but that will not happen until some time in 2019. Canada is one of those countries that cannot be categorised as "pro" or "against" cryptocurrencies. Essentially, since the country is…
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Iran is one of those countries that arguably is going to launch its own cryptocurrency very soon. After Venezuela made the Petro. a digital coin, its official currency, some other countries seem to be ready to launch their own digital money. According to media, the President of Iran, Mr. Hassan Rouhani stated that the cryptocurrency "plan"…
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The first licensed bank to launch its own cryptocurrency is the European Union Bank AG. Based in Liechtenstein, the bank is setting out to disrupt how financial institutions think of altcoins, as it will be launching its very own digital currency. As reported by AMB Crypto, the Bank commented on their decision to launch a…
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China has outdid every country in the world when it comes to cryptocurrency regulation and control. However, the country is taking the crypto craze in its own hands and is now working to create its very own government-backed alt coin. While the project is yet to be implemented and the launch of an actual coin…
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Robert Kiyosaki wrote one of the world's best-selling finance books, called "Rich Dad, Poor Dad". The author has now spoken about the value of cryptocurrencies and why they can be hedging tools for the next financial crisis that will hit the world economy. Kiyosaki takes a firm stand against fiat money and the fact that…
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Venezuela is struggling very hard at the moment, experiencing both economic and political meltdowns. Amidst a crisis that is "living" among Venezuelans in so many ways, including their daily and social lives, the Venezuelan government has introduced its second official cryptocurrency, in addition to the bolivar fuerte, the petro - an oil-backed cryptocurrency. While Venezuela…
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Bitt Inc. is a fintech company based in the Caribbean Islands, in Barbados, that uses blockchain to aid P2P payments via mobile applications. The company has recently signed a Memorandum of Understanding with the Central Bank in the Caribbean Islands or CBCS (Central Bank of Curacao and Sint Maarten) for the development of a government-owned…
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