City Prague Financial News

22.02 / 03:19

UPS Ethereum Lowe's Bitcoin Solana: Can social euphoria alone do the trick for SOL

Even though the market saw a green signal, Bitcoin and many other altcoins didn’t register skyrocketing rallies, unlike Solana. In fact, at one point, SOL was up by 12.37% from the lows of 20 February.

11.02 / 20:35

business Technology Bitcoin The world's first and oldest Bitcoin mining pool has mined nearly 1.3 million BTC since inception

All things have their humble beginnings; in 2010, the first Bitcoin (BTC) mining project was created in Prague, Czechia, and was simply called Bitcoin.cz. Soon afterward, founder Mark "Slush" Palatinus decided to move on to other ventures, such as creating the world's first cryptocurrency hard wallet, Trezor. As a result, Braiins, a company doing embedded Linux development and research, took over the mining pool and renamed it accordingly.

10.02 / 23:51

Government Blockchain economics Bitcoin 'One currency change every generation,' how monetary skepticism spearheaded cryptocurrency adoption in Czechia

Czechia, a country of 10.7 million people in Central Europe, is known for its beautiful capital (Prague), rich history, and good beer. Within the last decade, however, one can now add cryptocurrency adoption to that list. In fact, the Trezor wallet, the first cryptocurrency hardware wallet in the world, was invented here in 2014, and is still going strong. Its parent company, SatoshiLabs, has expanded into creating secure chips for electronic hardware via Tropic Square and advancing cryptocurrency education via Invity.

10.02 / 00:49

business Blockchain Technology Adoption The team behind the world's first hardware wallet says it's still thriving after 8 years

Like all things, Trezor, a household name in the crypto community with over 1 million units sold, came from humble beginnings. The idea all started out in 2011 after a Bitcoin (BTC) conference in Prague, Czechia — which, by the way, was just voted the most beautiful city in the world in a Time Out magazine survey. Two crypto enthusiasts, Pavol "Stick" Rusnák and Marek "Slush" Palatinus, envisioned a small, single-purpose computer that would securely store users' Bitcoin private keys.

08.02 / 19:49

Technology European Court of Justice Brussels to withhold EU funds from Poland to cover unpaid fines

Brussels says it will start withholding EU payments to Poland over its failure to pay daily fines imposed by the bloc's top court last year.

03.02 / 17:17

CLIMATE CRISIS Deal Czech Republic and Poland sign deal over controversial coal mine

Warsaw and Prague on Thursday signed a deal on a controversial Polish coal mine near the Czech border.

23.11 / 12:41

Technology Money restrictions Czechs protest restrictions on unvaccinated as cases soar

Protesters marched through the Czech capital of Prague on Monday to decry the government’s restrictions on unvaccinated people as new infections soared in the European Union nation.

22.11 / 18:55

Technology In Istanbul, a bitter leadership election exposes Interpol's fault lines

Sarka Havrankova was a case officer at Interpol’s national central bureau in Prague when the Czech police were asked to help in the investigation of Marc Dutroux, the Belgian serial killer and rapist who was wanted for the kidnap, torture and murder of young women and girls.

20.11 / 20:45

Health Bitcoin Thousands join anti-COVID-19 restriction, vaccine protests in Prague, Rome

Thousands of protesters gathered in Vienna on Saturday after the Austrian government announced a nationwide lockdown to contain the quickly rising coronavirus infections in the country.

18.11 / 18:29

Technology Art Protest restrictions Babiš calls unvaccinated 'selfish' amid protests over new restrictions

Thousands of protesters marched through Prague to protest against new COVID restrictions.

04.11 / 21:49

CLIMATE CRISIS Czech President Milos Zeman leaves intensive care unit amid political stalemate

The president of the Czech Republic Miloš Zeman has left intensive care at a Prague hospital, officials say.

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