Cryptocurrency News
The Australian government will provide a AUD$2.25 million grant to an initiative that seeks to use blockchain technology to develop transparency in the sugar industry. Known as the Sustainable Sugar Project, it will be used to prove the origins of the sugarcane used and the sustainability of farms. This will […]
The crypto mining business has become a multi-billion dollar industry, and one company has had the lion’s share. Bitmain Technologies has dominated the mining hardware manufacturing industry, and according to a new report, the firm is now valued at over $14 billion. The report further revealed that the Beijing-based firm […]
Mike Novogratz is making a big bet on the role of cryptocurrencies in the near future. The billionaire investor has been one of the most fervent and bullish crypto believers despite the market’s unpredictability, especially in the last few months. And now, after patiently waiting for months, his crypto merchant […]
The Securities and Exchange Commission has been grappling with the crypto industry as it strives to formulate rules for an industry that evolves faster than any other. While it’s yet to come up with a comprehensive set of rules, the commission is taking steps in that direction, and it’s appointed […]
Security and volatility. They are the two aspects of cryptocurrencies that are attacked the most. While there are other challenges such as scalability, the energy consumption associated with mining, and privacy, cryptos’ volatility is often cited by skeptics as the reason they could never become a mainstream payment method. In […]
While Coinbase, Binance, and other giant crypto exchanges have made a name for themselves and dominated the market, a new model is slowly taking root. The zero-fee trading model was advanced by Robinhood, and now a new entrant is seeking to snatch the crown. Voyager, backed by some renowned tech […]
Iran is planning to issue its own national crypto in the face of looming sanctions by the US government. The Middle Eastern country intends on working with local companies with expertise in cryptography and technology to develop the national crypto, with the country’s central bank being in charge of the […]
The US Commodity Futures Trading Commission is at least four years behind its peers on crypto regulation, its chairman admitted on July 25. Speaking to the House Committee on Agriculture, Christopher Giancarlo stated that the current regulatory framework restricts it from taking a proactive role in the crypto industry and […]
Many have revised their Bitcoin price predictions, especially during the great slump of the last two months. The co-founder of Reddit, Alexis Ohanian, is not one of them, and he remains confident that Bitcoin’s price will hit $20,000 before the year ends. Ohanian also revealed that his venture capital firm […]
In line with its transparency policy, Ripple has released its Q2 XRP markets report in which it accounted for its activities over the past three months. According to the report, it was the company’s most successful quarter yet in terms of clients signed, but the price of XRP still remained […]
Bitcoin was trading at just over $8,350 at press time, a 6 percent increase over the past 24 hours and an incredible 40 percent increase over the previous month. The king of cryptos has been on a great run in the last week especially, and its price now sits above […]
The race to list the first crypto ETF has been gathering steam over the last year as exchanges and crypto investment companies have sought to become the pioneers in this lucrative market segment. The wave of applications with the SEC was kicked off by the Winklevoss twins, but others have […]
Fortune’s ranking of top individuals and entities globally is always awaited eagerly as the world seeks to know who the top influencers and innovators in the world are. And now for the first time ever, the publication created a list of the top 40 under 40 individuals who are leading […]
After taking a hard stance on cryptocurrencies and ICOs, China is slowly warming up to them and allowing blockchain and crypto innovation to flourish in the country. The latest effort is a $1.5 billion fund launched by the city of Nanjing which will support crypto and blockchain initiatives in the […]
Google has inked a partnership with Digital Asset to explore the use of the startup’s blockchain tools on the Google Cloud Platform. The partnership will give Google’s developers access to tools with which they will develop and test blockchain-based applications without the need for additional infrastructure. Google’s cloud services division […]
The owner and operator of two defunct crypto platforms has pleaded guilty to charges of securities fraud and obstruction of justice. Jon E. Montroll was arrested in February after it emerged that he had used his platforms to steal from investors, operated an unregistered securities exchange, and lied about having […]
Pang Huadong was at the heart of the crumbling financial services industry during the 2008 financial crisis, and from his experience during that troubled time, he believes that blockchain technology is the answer to averting such a crisis. Blockchain technology significantly reduces the cost of trust, which in the long […]
In recent months, crypto exchanges have adopted new business models as they strive to stay ahead of their peers and bring in more users. One of these is the trans-fee mining model, which rewards users with a native exchange token for every ETH or BTC in charges they incur on […]