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 […]
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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 […]
Bitcoin Price Watch: Currency Jumps by $500; Are the Bears Finally Scattering?
At press time, the top cryptocurrency in the world has jumped up by $500 and is now trading for just shy of $6,600. This is a monster improvement over yesterday, and a serious spike over where bitcoin has been meandering all week. The past few days have been particularly difficult […]
Goldman Sachs and Nyca Partners Lead $32 Million Series B in Axoni
Goldman Sachs and Nyca Partners are among the investors in enterprise blockchain technology startup Axoni. The startup raised $32 million in a Series B funding round, bringing the total funding raised to $55 million. Making the announcement via a press release, Axoni stated that it would use the funds raised […]
Jamaica Stock Exchange Partners With Blockstation to Offer Crypto Trading
The Jamaica Stock Exchange has announced that it has partnered with Blockstation to enable the trading of crypto assets within “a recognized and secure regulatory framework.” The JSE revealed that it had completed a live workshop with an initial group of five members as well as a beta test with […]
China and South Korea Pledge More Money to Blockchain Research
South Korea will invest heavily in emerging technologies in 2019, one of which is blockchain technology. The move was announced by the country’s Finance Minister, Kim Dong-yeon, during a recent cabinet meeting. As part of its plan to spearhead innovative growth, the government will invest $4.4 billion in eight sectors […]
McAfee’s ‘Unhackable’ Crypto Wallet Hacked
When John McAfee described the Bitfi crypto wallet as unhackable, it quickly drew many people’s attention. For users in constant fear of having their crypto assets stolen by cybercriminals, it was reassurance. For computer experts, however, McAfee’s proclamation was taken as a challenge. Less than two months later, a number […]
ChainXchange Day 2: Thomas Lee, Paul Krugman Discuss Bitcoin Longevity
The second day of Las Vegas Blockchain Week and the ChainXchange blockchain convention has concluded. Today’s activities included discussions and lectures carried out by prominent cryptocurrency supporters and skeptics, including representatives from Ripple and NEM, as well as Nobel Prize winning economist and perpetual crypto bear Paul Krugman. In the […]
Bitcoin Price Watch: Currency Briefly Falls Below the $6,000 Mark Before Recovering
At press time, the father of cryptocurrency is trading for just over $6,000. This is about $200 less than where it stood during yesterday’s afternoon hours. The coin is continuing to fall deeper and deeper into red territory, though this price is an improvement over where it stood during the […]
Commonwealth Bank of Australia Partners With World Bank to Issue First-Ever Blockchain Bond
The Commonwealth Bank of Australia (CBA) has been mandated by the World Bank to issue the world’s first bond created, allocated and managed on the blockchain. Once issued, the bond will be managed by the World Bank in Washington and CBA in Sydney over a private Ethereum-based blockchain, with CBA […]
FinCEN Receives More Than 1,500 Crypto-Related Complaints Every Month
The US Financial Crimes Enforcement Network receives over 1,500 suspicious activity reports (SARs) related to cryptocurrencies, the agency’s director has revealed. The majority of them come from money service businesses (MSBs), stakeholders in the digital currency industry and other financial institutions. The director also noted that the agency has been […]