News China signals banning of Bitcoin mining

The National Development and Reform Commission (DNRC) of China this week hinted that China could ban Bitcoin mining. The commission proposed that Bitcoin mining should be completely removed from China's financial sector arguing that it falls under the wasteful industries category. This development comes right after the DNRC produced a list of in...

News Facebook registers a cryptocurrency company, Libra, in Switzerland

Facebook seems to be holding true to their dream of launching its cryptocurrency. The US social media company has been doing all it can to have its own cryptocurrency as soon as possible with founder Mark Zuckerberg pointing out that blockchain technology is the next big thing. Facebook is said to have registered a company by the name Libra in S...

News Bahamas' Securities Commission to set rules for Token Offerings

The Securities Commission of the Bahamas is pushing for new regulations for the token offering; a move that would make the island a haven for blockchain startups especially those eyeing to offer ICOs. The commission wants tokens that are not categorized as securities regulated. According to the bill proposed by the commission, developers ought t...

News Reports indicate half of Bitcoin nodes are still vulnerable to Inflation Bug

The inflation bug was first detected in September 2018, and it poses the danger of allowing Bitcoin miners to mine more Bitcoins than required. The total amount of Bitcoins that are to be mined is 21 million. However, the bug could interfere with the code and give miners the permission to mine more which would end up inflating Bitcoin. Miners co...

News Eyes on SEC Bitcoin ETFs ruling on 21st May

Investors are holding tight to the current bullish trend in the cryptocurrency markets with anticipation that the much awaited US Security and Exchange Commission (SEC) ruling on Bitwise’s and VanEck’s Bitcoin Exchange-Traded Funds (ETFs). The ruling has been postponed a number of times but the deadline for the ruling has now approached. The dea...

Bitvalex Academy Who created crypto?

In 2009, the first cryptocurrency made its mark on the internet of things, Bitcoin was released to the world via a cryptography mailing list. Although Bitcoin has become the backbone of the cryptocurrency markets, there is still very little known about the person or people that coded it. The name first linked to the coding of Bitcoin is Satoshi ...