Cryptocurrency mining has always attracted controversy. This is primarily because so many people only see the negative side in terms of electricity usage. China is slowly ending all ‘unofficial’ domestic Bitcoin mining operations, and the territory of Xinjiang Uyghur is the latest to be affected. Removing Illegal Bitcoin Mining Firms […]
Crypto
Stellar Partners with TransferTo for Improved International Mobile Money Transfers
Cryptocurrencies and digital assets all have a role to play in the world of remittances and money transfers. Stellar is making inroads in this regard thanks to a new partnership with TransferTo. It’s an important step in the right direction, and one that shows Stellar may be able to rival […]
SALT Lending Faces Some Major Setbacks
Various cryptocurrency firms have tried their hand at the lending business. Most of those firms have failed, for rather obvious reasons. It now seems SALT Lending is headed in the same direction, as the project has allegedly suffered some big setbacks over the past few days. SALT Lending Is Struggling […]
South Korea’s Second-Largest Mobile Operator Unveils Its Blockchain Network
There are quite a few companies which are building their own proprietary blockchains. As is always the case when ventures like these come to market, one has to wonder whether they can live up to expectations. KT Corp, one of South Korea’s leading mobile carriers, has unveiled a commercial network […]
Bitcoin Price Watch: Currency at $8,200
At press time, the father of cryptocurrencies is up by approximately $200, and is now trading in the $8,200 range. The currency has been meandering between $8,000 and $8,200 for the past few days, with some ups and downs along the way. The important thing is that for the most […]
Bitwise Files with the SEC for the First Multiple-Crypto ETF
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 […]
Armstrong, Vitalik and Wu Lead a Crypto Sweep of Fortune’s 40 Under 40
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 […]
Ethereum Classic Price: Strong Momentum in USD and BTC Value
With all cryptocurrencies still in the green as of right now, an interesting situation is created. Although there is no sign of weakness, Bitcoin is struggling a bit for momentum. The Ethereum Classic price, on the other hand, is still going relatively strong as of right now. Ethereum Classic Price […]
IOTA Price: Successful Surge Past $1 Paves the Way for a Good Weekend
Despite some initial bearish pressure, all cryptocurrency markets are still in a very good place. This situation cannot be sustained indefinitely, but it is a positive sign altogether. Most currencies enjoy a temporary gain, with the IOTA price going up by several percents. As such, its value is pushed back […]
What Makes Stellar Unique?
Despite the industry’s multi-hundred billion dollar market cap, an astonishingly high percentage of all cryptocurrency projects do very little to differentiate themselves and add little to no value to existing projects. The exceptions, the projects that do bring something new to the table, often receive significant attention and tremendous price […]
Nanjing City in China Launches $1.5B Fund to Support Blockchain Projects
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 Partners with Digital Asset in Race for Cloud Services Domination
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 […]
BitFunder Owner Pleads Guilty to Securities Fraud, Faces 20 Years’ Imprisonment
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 […]
Blockchain Can Avert the Next Financial Crisis: Former JP Morgan VP
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 […]
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. […]