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 […]
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Binance Prepares to Enter the South Korean Crypto Market
Binance is a cryptocurrency exchange which continues to make headlines on a regular basis. In its latest move, the company is trying to make inroads into South Korea, which is the world’s leading cryptocurrency market as of right now. For Binance, entering South Korea will be another crucial step toward […]
Bitcoin Price Watch: Currency at $8,095
At press time, the father of cryptocurrency has fallen by about $150 and is down to about $8,095. This isn’t something enthusiasts need to concern themselves with too much, considering it’s still very early in the game and bitcoin has been on a speedy roll as of late. The currency […]
RatingToken Discovers 12,000 Identical Smart Contracts Deployed by One Ethereum Address
The Ethereum ecosystem has attracted many developers and companies over the years. Its native smart contracts have proven to be of great value in unlocking new and interesting use cases. For some reason, there has been a rather steep surge in Ethereum smart contract production over the past few days. […]
Bank of England Prepares to Integrate Blockchain-Based Products and Services
Banks and other financial institutions have never been particularly crypto-friendly. When it comes to blockchain technology, however, the story is very different. The Bank of England is looking to introduce a new payments system which will accommodate future blockchain integration. It’s a positive development for the industry as a whole. […]
Operators of Fraudulent Bitcoin Firm Fined $1.9M by CFTC
Various firms related to Bitcoin and other cryptocurrencies have no honest intentions. This problem has plagued the industry for quite some time now. The CFTC recently scored a big victory in this regard, as The Entrepreneurs Headquarters Limited was forced to pay $1.9 million for its fraudulent Bitcoin and binary […]
Wirex Enables XRP Support for Its Cryptocurrency Debit Card
Wirex is one of the very few cryptocurrency firms still offering debit cards related to Bitcoin and other cryptocurrencies. In its latest update, the firm announced support for Ripple’s XRP. It’s a somewhat controversial addition, given the SEC’s unclear stance on whether or not this digital asset is a security. […]
Binance Coin Price: Bullish Trend Continues as Other Markets Take a Breather
The positive momentum affecting all cryptocurrencies may be coming to an end fairly soon. For the first time in a few days, the Bitcoin price is effectively struggling to remain in the green. This doesn’t bode too well for the altcoins, as some of them are dealing with losses already. […]
Stellar Price: Positive Momentum Remains Maintains Bullish Trend
The overall excitement continues to affect all major cryptocurrency markets. That in itself is a very positive development, as it shows there is still a lot of positive momentum waiting to happen. The Stellar price, for example, is still surging and has successfully passed the $0.31 mark over the past […]
Trans-Fee Mining Model Forces CoinMarketCap to Change Its Ranking Methods
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 […]
Lost Your Cryptos to Hackers? Not to Worry, There’s Insurance Now
Insurance companies cover all sectors of the economy, from the manufacturers to the financial industry and even personal property. They have, however, steered clear of the crypto industry, and with good reason. The unpredictability of the industry is comparable to none, from the volatile nature of cryptos which shed and […]
Fomo3D and PoWH3D Dominate Ethereum DApp Volume
First sparked by CryptoKitties, the Ethereum community has taken a liking to a motley crew of decentralized applications (DApps) built on the network. Recently, the network has seen huge volume spikes due to an unlikely niche: Ponzi DApps. At the time of writing, Fomo3D and PoWH3D were leading 24-hour DApp activity by […]
#FreeRoss Activities Are Gaining Steam
The trial and conviction of Ross Ulbricht for his administration of the Silk Road darknet market represented a landmark event in cryptocurrency. For many, the investigation and sentencing were a contradiction to the commonly held belief that cryptocurrency and activities involving cryptocurrency could not be regulated by the government. For […]
Bitcoin Price Watch: Currency at $8,300
Bitcoin has done it, ladies and gentlemen! At press time, the father of cryptocurrency has jumped past the $8,000 line and taken the currency further than it’s been since last May. July is proving to be a hot month by both temperature and financial standards. The price burst is happening […]
Bitcoin Price Watch: Currency at $7,700
At press time, bitcoin is up by $200 and is trading for approximately $7,724. The father of digital currency has undergone a series of price swells over the past seven days and is up by nearly $2,000 from two weeks ago, when it was hanging around at $5,800. This price […]
Cryptocurrency Prices on WEX Make No Sense Whatsoever
Cryptocurrency exchanges are often considered to be the backbone of this budding ecosystem. These platforms provide convenience when it comes to accessing Bitcoin and altcoins. Every now and then, certain cryptocurrency exchanges exhibit very odd behavior, and WEX is among them. The WEX Exchange Is Behaving Oddly Cryptocurrency exchanges often […]
South Korea’s Financial Innovation Bureau Will Legitimize Blockchain and Cryptocurrency
South Korean government officials are taking a very interesting stance on cryptocurrencies. Although they want to bring more legitimacy to this industry, it will need to happen through regulatory efforts first and foremost. The country’s Financial Services Commission has announced a dedicated department for blockchain policymaking which will be introduced in […]
ChainZilla Helps Ethereum-Based Projects Move to More Scalable Blockchains
A fair few companies have shifted their attention away from the Ethereum blockchain due to scaling concerns. ChainZilla is a company which aims to facilitate this transition for teams who want to access a blockchain which suits their specific needs. It’s an interesting business model, albeit one that raises a […]