Cryptocurrency News
Johann N. Schneider-Ammann, the head of Switzerland’s Department of Economic Affairs, has said that blockchain technology will undoubtedly penetrate the entire economy of Switzerland and make a global impact that is as big as that of the internet. Ammann noted that Switzerland has already evolved into a leader in blockchain […]
In a tweet, one member of an online cryptocurrency community revealed that EOS has instructed block producers to censor transactions from 27 accounts without specific reasons. The instructions read: “Pursuant to Section 3.5 of the EOS Core Arbitration Forum (ECAF) Rules of Dispute Resolution, the Emergency Arbitrator appointed to review […]
Chris Concannon, the president of the Chicago Board Options Exchange (Cboe), the world’s biggest derivatives market behind CME Group, has warned investors in tokens and initial coin offering (ICO) projects of an upcoming two-part regulatory reckoning. ICO Investors Could be in Trouble In an exclusive interview with Frank Chaparro from […]
Despite skepticism from cryptocurrency traders and Ethereum users, decentralized digital asset exchanges are experiencing a rapid growth rate in terms of volume, led by IDEX, the most widely utilized decentralized application (DApp) on the Ethereum protocol. IDEX Overtakes CryptoKitties Throughout the past eight months, CryptoKitties, the Ethereum-based digital collectibles platform […]
On June 19, Norwegian authorities, engineers, and scientists led by Transport Minister Ketil Solvik-Olsen and Avinor CEO Dag Falk-Petersen successfully tested a one-man plane run 100 percent by electricity. Commercial Electric Aircraft in Seven Years Avinor is a state-financed organization that oversees the operations of most of Norway’s airports, including […]
IKEA, the world’s largest furniture retail company based in Sweden which focuses on selling ready-to-assemble furniture and home accessories, has had the Science-Based Targets Initiative (SBTi) approve its plans to reduce greenhouse gas (GHG) emissions from its stores and other operations by 80 percent by 2030. Unrealistic Targets Are Difficult […]
Nanodrops, a patented eye drop solution designed and created by ophthalmologists at Shaare Zedek Medical Center and Bar-Ilan University, may be able to repair human corneas, eliminating the necessity of eyeglasses and curing a variety of common eye-related vision conditions such as shortsightedness and farsightedness. Repairing Corneas with Drops The […]
Yoni Assia, the CEO of UK-based multi-asset brokerage company eToro, a platform founded in 2006 that serves more than seven million active users, has said in an interview that the recent decline in the prices of both major and small cryptocurrencies such as Bitcoin, Ethereum, and tokens has created a […]
This week, Hankyung, a major mainstream media outlet in South Korea, reported that dozens of new cryptocurrency exchanges are set to launch in the country in the next few months with a primary focus on integrating new digital assets. Integration First, Security Second Over the past three months, Huobi Korea, […]
Jamie Forese, the president and CEO of Citibank’s institutional clients group, stated in an interview with the FT that 20,000 employees, or around 40 percent of the bank’s total workforce, can be easily replaced with machine learning and artificial intelligence (AI). Banks are Replacing Employees with AI According to Forese, […]
Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive Sign […]
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market […]
Many analysts and mainstream media outlets including Bloomberg and the Wall Street Journal attributed the recent drop in the Bitcoin price from $7,500 to $6,700 to the hacking attack suffered by Coinrail, a minor cryptocurrency exchange in South Korea. However, the reasoning behind attributing the latest correction to Coinrail is […]
China is suddenly bullish on blockchain technology. It has overloaded the cryptocurrency industry with praise over the past few months. The government has also led multi-billion dollar investments in blockchain projects with the vision of commercializing blockchain technology in the near future. Blockchain is Better Than the Internet CCTV, AKA […]