Bitcoin unable to handle the number of transactions
Problems related to transactions are not new for the Bitcoin network. A fix for the problem is still not in sight and many are complaining that Bitcoin is deviating from its original purpose, which was to become a globalized yet decentralized currency. Some have suggested that it is becoming more like Gold, a commodity that is valued and traded on a global scale.
Lionel Messi becomes brand ambassador for Sirin Labs
The popular football player, Lionel Messi, will be endorsing blockchain-based tech devices manufactured by Sirin Labs, bringing blockchain to the mainstream even more.
Russia to ban cryptocurrency exchange platforms
The Russian Central Bank has confirmed that all cryptocurrency exchange platforms will cease operations in 2018.
Craigslist now accepts cryptocurrency
Want to sell your old sofa for cryptocurrency? Now you can do so with the help of Craigslist, which has added a new button on their posting details section. This button will indicate whether the seller is okay with accepting the cryptocurrency as a payment.
Indonesia bans fintech firms from cryptocurrency transactions
The country’s central bank announced that they will prevent fintech firms from using cryptocurrency-based transactions on their platforms.
