VHCEx Newsflash | 19th March 2020

More Purchase Options for Crypto Buyers via Opera Browser

Opera, the well-known browser app collaborated with e-payments start-up Wyre, to provide more buying options for crypto on its mobile app, using its built-in crypto wallet. The Opera-Wyre collaboration allows Apple Pay for iOS devices and incorporates debit card functions for Android users. Opera fans can then purchase Bitcoin or Ether to a maximum value of $250 per day, which may seem low in an investor’s perspective but Opera-Wyre is targeting dapp developers and day-to-day users as its primary users of its latest function.

Opera Crypto Wallet

Image source: Blogs Opera


Akoin’s Whitepaper Shared by Rapper Akon

Akon recently shared the whitepaper of his cryptocurrency project Akoin. The Akoin crypto is termed as “designed for entrepreneurs in the rising economies of Africa and beyond,”. His mission is to use blockchain technology to “unlock the potential of the world’s largest growing workforce”.

In parts of Africa, many people are using phone credits as a form as currency as they do not have a stable fiat currency to back everything. He hopes to unify everything under Akoin which allow even the rural areas to have access to the technology, allowing for a stronger economy. Dubbed as a utility coin, Akoin can power “atomic swaps” between cryptocurrencies, fiat currencies, and mobile phone credits on the Akoin network.

Akoin’s Whitepaper Shared by Rapper Akon

Image Source: Atoz Markets


Zimbabwe To Finally Regulate Cryptocurrency

According to Bitcoinist.com, the Reserve Bank of Zimbabwe (RBZ) has started creating a framework with clear guidelines for cryptocurrency businesses and to protect investors any possible scams related to cryptocurrency. This is a grand move for the country but Joseph Mutepfa, RBZ deputy director of financial markets and national payment systems did acknowledge that the crypto market is dominated by the younger generation, and they may face many hurdles to accumulate capital with a framework in place.

Image Source: Newsbtc


South Korea Encouraging Blockchain Adoption with $3.2 Million Grant

In South Korea, two ministries have combined its efforts to launch a pilot program providing funding of up to $3.2 million under the “Blockchain Technology Validation Support in 2020” programme.

This project’s target is to promote the use of blockchain, Internet of things (IOT), artificial intelligence (AI) and big data among the local start-ups. The start-ups will then be required to pitch, and nine of the projects that meet the criteria will be selected via free public offerings and award each start-up with up to 450 million won ($360,000) in funding.

Image Source: Moon Whale


Buy Surgical Masks Online and Pay Via Cryptocurrency

With the current Covid-19 outbreak, and the fear of being outdoors too much, you now have the option of purchasing your surgical masks online and pay for it via cryptocurrency.

According to Bitcoin.com,  an online store called Greenbelt Outdoors has started to accept payments for its equipment with cryptocurrencies like BTC, BCH, ETH, and XRP through Bitpay.

Interestingly enough, the Survival Camping Store, another online retailer offers crypto payment options for their goods which include a 5% discount on all medical and hygiene supply which are paid for in crypto.

Image Source: CNet