More and more banks will expose their clients to cryptocurrencies. ING is no different, as it too is working on custodial services for digital assets. This news isn’t entirely surprising, as banks continue to struggle to turn a profit. A new Plan for ING Bank Introducing new products and services […]
Author: JP Buntinx
SolarisBank Will Provide Custodial Digital Asset Services in Germany
Some surprising cryptocurrency news has come out of Germany this week. It now appears banks in the country prepare to embrace digital assets in every way possible. The first bank openly pledging support is SolarisBank. A Smart Move by SolarisBank The company confirmed it will launch a digital asset custody […]
SBI Ripple Asia Wants to Dominate Ripple’s Network Liquidity
The future of banking may look very different compared to today. It would appear SBI Ripple Asia is looking to expand in an aggressive manner. During a recent meeting, it was announced how this consortium wants to take up roughly half of the transaction volume of the Ripple network. SBI […]
Dozens of Japanese Banks Join JPMorgan’s Blockchain Network
Banks around the globe are looking to experiment with innovative technology. Primarily Japanese financial institutions are eager to experiment with blockchains. It is for that specific reason several dozen institutions will become part of JPMorgan’s DLT network. More Blockchain Exploration in Japan Japan is a country where blockchain ventures in […]
BitPay Enables Stablecoin Support but Evades Using Tether
It has been a while since BitPay surprised the cryptocurrency industry. In a new turn of events, the company is looking to step up its commerce game by removing volatility whenever possible. The press release confirms BitPay will begin offering stablecoin payments for both merchants and consumers all over the […]
Facebook’s Jerome Pesenti Explains the Limitations of Artificial Intelligence Research
Major developments continue to take place in the artificial intelligence industry. Facebook’s Jerome Pesenti thinks the current model of deep learning is reaching its limits, however. Dozens of companies are in the process of exploring the potential of artificial intelligence. The Costs of Artificial Intelligence Research Virtually all of these […]
South Korea Prepares to Draft Bitcoin Capital Gains Tax Guidelines
The South Korean government wants to tax capital gains on cryptocurrencies. This new decree has yet to be officially improved by the proper authorities. South Korean news outlet Korea Times claims the government wants to impose capital gains taxes on virtual currencies, including bitcoin. Bitcoin Taxation in South Korea This […]
Government Officials in Russia Allegedly Sell Access to Moscow’s CCTV Infrastructure
Most technology-related news coming out of Russia will not be positive. New research confirms access to Moscow’s surveillance system can be purchased for very little money. The things one can buy on online forums and messenger groups are absolutely astonishing, but not in a positive manner. Making Extra Money in […]
TheLitecoinApp Turns one Year old and is Still Free of Charge
Although Litecoin is often criticized for a lack of development, the community tends to come up with new solutions. One user has developed TheLitecoinApp, which gives users access to everything Litecoin-related. Although one could easily find Litecoin-related resources online, having them all in one app adds a degree of convenience. […]
Mozilla Removes Four Extensions From the Firefox Browser
When a popular browser removes multiple extensions from its platform, an uneasy situation is created. In the case of Firefox, four different extensions have now been outlawed. What makes this decision even more remarkable is how all Firefox extensions belong to the same developers. A Positive Development for Firefox Users […]
Ethtrader Users Are Pleased With the DONUT Token Launch
Many people questioned the viability of issuing Donuts on the Ethereum blockchain. This new currency for the Ethtrader subreddit has been well-received by the community so far. For a token that is only usable on a subreddit, one wouldn’t necessarily expect there to be much interest. DONUT is More Popular […]
Mythic Gods Unchained Card Sells for 210 Ether
Some decentralized applications have noted major successes in 2019. Gods Unchained can now be added to this list, as the project keeps making various headlines. Blockchain-based trading card games have always been rather popular among cryptocurrency enthusiasts. A Major Gods Unchained Card Auction So much even that some are willing […]
Cryptocurrency Funds are Still in an Awkward State in 2019
It has not been a good year for cryptocurrency funds, depending on how one interprets the new reports coming out. From a longevity point of view, the current statistics are borderline alarming. The State of Cryptocurrency Funds in 2019 Several dozen crypto funds have shut down throughout 2019, primarily due […]
Over 70 Government Organizations Dealt With Ransomware This Year
Ransomware has been a very big problem for many years now. Despite numerous incidents in 2019, it is unlikely that the threat will diminish in the years to come. Through 2019, the number of ransomware attacks has been rather impressive, for all the wrong reasons. Ransomware Problems Remain Ever-present One […]
Litecoin’s Partnership With the Miami Dolphins Isn’t a big Success
Introducing additional use cases for cryptocurrencies is very difficult. Litecoin is an accepted payment method at the Miami Dolphins stadium, but it isn’t too popular. Prior to the 2019 NFL season’s beginning, the Miami Dolphins shocked the world by announcing Litecoin payments would be accepted. Miami Dolphins Don’t see Much […]
A Prototype Macintosh Sold for $150,000 at Auction This Week
Older pieces of technology often fetch a high price at auction. One of the only two surviving prototypes of the original Macintosh recently netted the seller $150,075. Computer enthusiasts always had a soft spot for older Macintosh computers, regardless of their design and state. A Very Unique and Expensive Macintosh […]
The Anti_BitcoinSV subReddit Attracts Some Attention
There has been a fair bit of hostility toward Bitcoin SV since its inception. That momentum will only intensify now that the anti_bitcoinSV subreddit has been created. Anyone in the world can create their own subReddit in an effort to spread a message. Welcome to Anti_BitcoinSV Whether that message is […]
The Bakkt Bitcoin Futures Aren’t What They Seem to be
Many people have different opinions regarding the Bakkt Bitcoin futures. New information has confirmed these contracts don’t exactly work as advertised. Unlike what many assume, these vehicles are not fully backed by physical Bitcoin. The Real Story Behind the Bakkt Bitcoin Futures That is a rather unusual development for a […]