Steve Wozniak, co-founder of Apple, is a computer engineer and inventor responsible for the creation of the Apple I computer as well as a primary contributor to the Apple II. He played arguably the biggest role in the personal computer revolution, and is a forefather of the third technological revolution, […]
News
Crypto news
Bitcoin Price Watch: Some Strange Coincidences Between the Currency and Overstock
At press time, bitcoin has fallen back a bit and is now trading for just over $6,300. This is about $200 less than where it stood yesterday. Some strange occurrences are happening in the bitcoin space. For example, one source notices that there’s a strong correlation between bitcoin and Overstock. […]
According to BIG, White-Collar Crime Could Double by 2028
When the banks failed in 2008, our financial systems shifted. A decade on, one of our most nagging financial predicaments centers on virtual currencies and their (lack of) regulation. 2018 is showing promising steps forward in lawmaking for countries like Switzerland, Germany, Malta, and even the US. So, why does Vancouver-based […]
Ripple Is Targeting the Chinese Market: Top Executive
Ripple is targeting the Chinese market with its blockchain products, a top executive has revealed. The company has been partnering with many banks and payment processors around the world, but surprisingly, it has only partnered with one Chinese payment processor. The Chinese market is dominated by Alibaba and Tencent, with […]
Coinbase Acquires Distributed Systems, Pledges to Explore Decentralized Identity Systems
Coinbase has announced the acquisition of Distributed Systems, a decentralized identity solutions provider. In a blog post announcing the acquisition, the San Francisco-based crypto exchange described it as strategic in Coinbase’s bid to bring cryptos into the mainstream. The five engineers working at Distributed Systems will join the Coinbase team […]
Pantera Capital Raises $71M for Its Crypto Fund, Targeting $175M
Pantera Capital has raised $71.4 million for its third crypto venture fund, a filing with the US Securities and Exchange Commission has revealed. The filing, which was submitted on August 15, indicated that Pantera received money from 90 investors for the new fund. This is its third crypto-focused fund and […]
Bitcoin’s Volatility Renders it Useless as a Payment Method, Says Former PayPal CEO
Bill Harris has made clear his view on cryptos several times. The former PayPal CEO has in the past described Bitcoin as the ‘greatest scam in history’ and a massive ‘pump and dump scheme.’ Harris recently reiterated his stand, further claiming that all the praise that Bitcoin has been receiving […]
Thai Bitcoin Scandal Implicates Stock Exchange and Staff at 3 Banks
Staff at three Thai banks and an investor in the Stock Exchange of Thailand (SET) are among the people implicated in a mega bitcoin scandal, local media reported on August 16. According to the Thai police, several bank employees failed to report huge transfers to the country’s Anti-Money Laundering Office, […]
Crypto Price Review: Bitcoin, Ethereum and Ripple Are Bullish; Bitcoin Cash and Litecoin Struggle
Bitcoin (BTC) Bitcoin, the largest cryptocurrency by market cap, has shot up to $6,500. This past week has been an up-and-down journey for the cryptocurrency, with price swings from $6,400 all the way down to $6,090, but for the time being, bitcoin appears to be exhibiting bullish activity and expanding […]
Bitcoin Price Watch: Currency Spikes to $6,500 – Many Still Believe in the Currency’s Power
Bitcoin has got everyone going back and forth. At press time, the largest cryptocurrency in the world is again trading for $6,500. The past few days have been an up-and-down journey for the asset, with prices swinging from $6,400, to $6,300, and then falling back down to $6,200 later in […]
Japanese Messaging Giant LINE Announces Addition of TRX to BITBOX
LINE Corporation has announced the addition of Tron’s TRX to its BITBOX cryptocurrency exchange. BITBOX was announced by the company in June and opened its doors in July to global clientele, with the exception of those in the US and Japan. TRX becomes the first crypto to be approved for […]
Cryptos Have Had Six Big Bubbles, With Each Creating More Value: Ethereum Co-Founder
The crypto industry has experienced six big bubbles to date, with each being ‘more epic’ than the previous one. Each of these bubbles has brought more interest from developers and investors. This is according to Ethereum co-founder Joseph Lubin, who is also the founder of ConsenSys. In a recent interview, […]
Real-World Adoption of Cryptos Is Steadily Rising Despite Volatility: Coinbase CEO
Real-world adoption of cryptos is steadily rising, but they are still a long way from becoming a mainstream payment method. Brian Armstrong, the CEO of Coinbase, believes that cryptos and blockchain technology are at the same stage that the internet was at in the early 2000s and that despite the […]
With Bitcoin’s Dominance at Its Highest Since December, Is It Time to Dump the Altcoins?
The crypto market has experienced a bloodbath for the past two weeks, with Bitcoin losing over 70 percent of its value since it peaked at over $19,900 in December. The king of cryptos was trading at just above $6,500 at press time, having gained over $500 in the previous 24 […]
4 Reasons Why Investors Avoid Decentralized Exchanges
Blockchain and cryptocurrency were originally envisioned as decentralized, community-oriented initiatives. Participants were intended to hold power over centralized (read: government) authority. As blockchain and cryptocurrency evolved and captured millions of investors along the way, trading gravitated toward centralized platforms. Centralized institutions like Coinbase or Binance are great because of their […]
Bitcoin Price Watch: Currency Slinks Back a Bit Following Coinbase CEO Warning
Bitcoin – the world’s largest cryptocurrency by market cap – is now trading for just shy of $6,400 at press time. This is a little over $100 less than where it stood 24 hours ago. Bitcoin is likely scaling back a bit following some harsh comments from Coinbase CEO Brian […]
Paul Krugman: Bitcoin Has More Utility Than Gold
Recently at the ChainXchange blockchain conference, Paul Krugman took center stage at a panel of Bitcoin skeptics and supporters including Ripple Chief Market Strategist Cory Johnson and market research guru Thomas Lee. Prior to the discussion, Krugman delivered a presentation that focused primarily on the history and development of money, and […]
ChainXchange Day 3: Steve Wozniak, Molly Bloom Discuss the “Brave New World” of Blockchain
Wednesday, August 15 marked the final day of the ChainXchange blockchain convention and conclusion of the main event of the first ever Las Vegas blockchain week. Fortunately, the convention did not end without a remarkable finale, as Apple co-founder Steve Wozniak and the inspiration behind “Molly’s Game” Molly Bloom gave […]