Bitcoin News Mash-Up: BitX Expands; Waiver for Greeks; and More

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Bitcoin News Mash-Up

Following are the major Bitcoin news of the day

BitX Launches in Nigeria

Singapore-based Bitcoin startup BitX has announced to launch its operations in Nigeria, a decision that promised to improve the country’s remittence sector to a wonderful extent. In its blogpost, the company mentioned how it was receiving requests from the Nigerian customers, traders and businesses, something that led them to a full-fledged launch in Africa’s largest economy. You can read the full report here.

Greeks Get Another Bitcoin Trading Fee Waiver

The ongoing economical crisis in Greece has disrupted the international economy. However, the decentralized cryptocurrency market hasn’t lost a nickel under its pressure. Instead, the Bitcoin market is booming due to an unannounced hype that says that Greeks are buying it in large numbers. These rumors have further led companies to launch special offers for Greece-based users. One among them is bitcoin.de that recently waived its trading fee, only for Greece citizens. You can read the full story here.

A Blockchain-based Reddit is Possible, Says VC Fred Wilson

Venture Capitalist Fred Wilson has suggested social networking website Reddit to use blockchain technology for monitoring contents without policing the users. “You are either going to police the site or you are going to build something that cannot be policed even if you want to,” he says. “In using a collective network of computers to monitor the site, blockchain entries could be made to serve that function.” You can read the full report here.