Tag Archives: Crypto-currency

Banks resist crypto currency use in Ghana

Some banks have expressed strong resistance to the adoption of crypto currency in Ghana describing it as grounds of breeding money laundering and other financial crimes. The banks have also cited the absence of a law as basis for their posture. There have been calls on the central bank to allow the use of crypto currencies due to the uptake ...

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Salon magazine mines crypto-cash with readers’ PCs

News organisations have tried many novel ways to make readers pay – but this idea is possibly the most audacious yet. If a reader chooses to block its advertising, US publication Salon will use that person’s computer to mine for Monero, a cryptocurrency similar to Bitcoin. Creating new tokens of a cryptocurrency typically requires complex calculations that use up a ...

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