Cryptocurrency News
It has become apparent that the Japanese Financial Services Agency is closely monitoring all domestic cryptocurrency exchanges. Any wrongdoings will be pointed out quickly and the issues will need to be addressed accordingly. Various registered operations will face administrative sanctions later this week. The Japanese FSA Takes Harsh Action Ever […]
Blockchain technology has many different use cases. One of the concepts actively being explored right now is games. They are an interesting example of what Bitcoin’s Lightning Network is capable of. Very few people had assumed it would ever power a version of Pokemon, after all. A Lightning Version of […]
Australia is quickly becoming an integral part of the cryptocurrency world. Thanks to solid regulatory developments and a growing Bitcoin ATM network, bringing cryptocurrency to the masses has become a lot more straightforward. It is quite interesting to see how things have been accelerating over the past six months in […]
Of all cryptocurrency projects, Skycoin is perhaps the one that the community is most opinionated on and confused by. Especially recently, Skycoin has grabbed the attention of cryptocurrency enthusiasts worldwide. Unfortunately for holders, each passing headline seems to send the ambitious project down further. After achieving a temporary high of […]
A key topic of discussion within the cryptocurrency space is the ultimate implications of cryptocurrency and the underlying blockchain technology. One of the first transformational possibilities shared among the community was the idea of the Decentralized Autonomous Organization (DAO). What Is a DAO? A Decentralized Autonomous Organization represents an environment […]
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin […]
Long-term investment in blockchain technology is an opportunity for the banking industry to reduce costs and become more efficient. This is according to Sergio Ermotti, the CEO of UBS Bank. In an interview with CNBC, he stated that the bank would continue to invest in blockchain tech in order to […]
With all cryptocurrencies lowly heading in the red again, it is evident today will not end on a high note. The Stellar price is setting the tone in this regard, as it has lost a fair bit of value in quick succession. For the time being it remains unclear how […]
Barely a day after announcing that it would be accepting cryptocurrencies as donations, Freedom of the Press Foundation (FPF) has received 1,000 ETH in its first-ever crypto donation. The donation was made by decentralized communications network Mainframe and is worth $530,000 at current market rates. Mainframe stated in a blog post […]
One of the most fervent and bullish ICO promoters has announced that he’ll no longer work with ICOs. John McAfee, the renowned computer programmer and businessman behind the McAfee security software company, made the announcement via Twitter. McAfee has been a vocal supporter of cryptocurrencies and ICOs, having predicted that […]
Cryptocurrencies come with poor efficiency and consume too much energy. They also lack the ability to scale and meet demand, and are too volatile for retail use. These are just a few of the reasons given in a new report as to why cryptos are “a poor substitute for the […]
Every day is exciting in the world of cryptocurrency. Although that excitement is sometimes difficult to justify, any market trend is worth keeping tabs on. Today, there is no action going on to take note of, albeit a lot of people wonder when the Bitcoin Cash price will return to […]
While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list […]
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 […]
Despite having announced an ICO and a potential transformation into a decentralized ledger, ASKfm felt there still wasn’t enough attention on it, which could potentially hurt its chances of hitting its fundraising targets. It therefore embarked on a particularly daring publicity stunt. The Q&A social media platform sponsored four Ukrainian […]
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 […]
Even though there are a lot of debates taking place regarding Bitcoin mining, the network is in a good place. Regardless of energy consumption concerns, the overall hash rate has risen steadily over the past nine months. At this rate, reaching 45 exahash per second will not take all that long. […]
At press time, the father of cryptocurrencies has not moved and remains at $6,700, which is where it has been for several days, now. This is both good and bad in a sense. On one hand, bitcoin refusing to grow in price or get any larger is never a good […]