Considered the largest crypto exchange in terms of volume, Binance has recently launched a new service called “Binance Lite Australia”. We came across an interesting article via TravelbyBit (https://www.travelbybit.com/binance-lite-australia-blockchain-continent/) that covers the launch in detail. Binance Lite Australia is a new service, currently in beta that will allow individuals to purchase Bitcoin using cash at any […]
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You Can Now Buy Bitcoin at Australia Post
After 209 years as an Australian ‘snail mail’ institution, Australia Post is now offering customers the opportunity to buy Bitcoin. The purchases can be made through Australia Post’s Digital iD service, which is free to download with the Digital iD app. Because the verification process has already been established through Digital iD, consumers can start […]
Leading the Way: Brisbane Airport Now Accepting Cryptocurrency
When it comes to cryptocurrency adoption, I’m always keen to hear more about how it’s being used locally, in real world and everyday scenarios. Local Australian startup TravelbyBit has made worldwide news with their partnership with the Brisbane International Airport in helping them to become the first airport in the world to accept payments using […]
Bitcoin and Blockchain Fair 2018
The fair is for everything Bitcoin, Cryptos and Blockchain and it aims to increase awareness, innovation and also to assist with adoption across all areas of this exciting new technology. You’ll learn more about the amazing opportunities that are available in the ever growing ecosystems of cryptocurrencies and blockchain technologies and how companies can take […]
Ethereum Mining: Effect of Proof of Work Versus Proof of Stake
To say the cryptocurrency market has been a volatile place would be putting it mildly. No other asset class in recent history has experienced the wild price swings seen by the likes of Bitcoin, Ethereum, and other popular cryptocurrencies. While many long-time cryptocurrency investors have grown inured to these price swings, newcomers are amazed at, […]
What Is a Satoshi and What Is It Worth?
A Satoshi (or “sat” for short) is a unit of Bitcoin currency. One Satoshi is equal to 0.00000001 Bitcoin (BTC). 1 Bitcoin = 100,000,000 Satoshi Named after the creator of Bitcoin, Satoshi Nakamoto, a Satoshi is currently the smallest amount of Bitcoin that can be used and recorded on the blockchain. Other common units of […]