Japanese Corporation Begins Offering Loans Secured by Cryptocurrency

An established Japanese corporation has begun offering loans secured by cryptocurrency. The company says this is the first service in Japan where loans in Japanese yen can be obtained with cryptocurrency as collateral. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Loan Program Abic Corporation announced Friday the launch of its bitcoin loan … Read more

AEON Completes Anti-ASIC Fork. But What’s This Path Fraught With?

The latest case study in fighting ASIC hash rate centralization with a Proof-of-Work (PoW) algorithm change is here, as the AeonCoin (AEON) community is celebrating their fresh fork to a new CryptoNight-based algorithm. The security of the project has acutely plummeted, though, and now there’s the specter of GPU hash rate centralization to contend with. … Read more

Australian Beach Towns Embracing Crypto to Beat Tourism Drop

Two Australian tourist towns are embracing cryptocurrencies to attract the nouveau riche — young crypto holders — in a bid to boost the local economy. Will targeting the idiosyncratic audience bring real, lasting business to the beach towns? Also read: Google’s Own Crypto? Separating Fact from Fiction Join the Bitsonline Telegram channel to get the latest Bitcoin, cryptocurrency, … Read more

Estonia’s Estcoin Abandoned As the ECB Trumps the IMF

Estonia has ditched plans to establish a national cryptocurrency, the Estcoin. Under pressure from the European Central Bank (ECB) and local monetary authorities, the progressive Baltic nation has ruled out the widespread use of a state-issued cryptocurrency pegged to the euro, restricting the proposed Estcoin to use by its e-residents. Also read: To Counter Bug, Lisk … Read more