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 […]
Recent Posts
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 […]
The Allure of Blockchain Betting, and Why It’s Only Getting Bigger
Betting has existed for centuries, with the allure of making money combined with the thrill of testing one’s ability to predict the outcome of an event being among the biggest attractions. Some of the earliest casinos appeared in Italy in the 17th century, and since then, betting has taken advantage […]
Turkey’s Currency Instability Pushing People to Bitcoin
Remember when cryptos were deemed unusable because, unlike fiat, they were volatile? The tables are gradually turning and Turkey is the latest case. The country’s currency, the lira, has recently experienced a drastic drop in its value relative to the US dollar which has quickly drawn comparisons with Bitcoin. Faced […]
Trading Bitcoin Declared Illegal in Saudi Arabia Despite the Great Strides Made
Trading cryptocurrencies is illegal in the kingdom of Saudi Arabia, as they are high risk to traders and are out of the government’s supervision. This is according to a statement issued on August 12 by a standing committee comprised of regulators from various government institutions. The statement made it clear […]
Meca Casino Wants to Reinvent Digital Casino Ownership and Provide a Unique Gaming Experience
MECA Casino, a blockchain-based 3D casino game project, aims to change the paradigm of online casino games by tackling three factors – trust, ownership, and entertainment. Disclosure: This is a Sponsored Article One of the pain points of online casino games is credibility. There is no easy way to assure […]
Smart Investors Are Digging In
Even though the Bitcoin ETF was shot down last week, we are still moving closer to getting a real ETF in the coming months. While we’re waiting for that to happen, many are now starting to feel like there is no recovery in sight for cryptocurrency markets. Which is also […]
ChainXchange Day 1: Wired Editor-in-Chief Talks AI, Automation, Blockchain
With the opening night of ChainXchange blockchain convention, Las Vegas blockchain week is officially under way. Tonight’s main stage was headlined by World Food Programme CFO Houman Haddad, Wall Street Journal Deputy Editor Sam Walker, and Editor-in-Chief of Wired Magazine, Nicholas Thompson. The theme of the night, and the convention […]
Bitcoin Price Watch: Currency Falls Again, but Volatility Doesn’t Look So Bad
At press time, the father of cryptocurrency has fallen by roughly $200 from where it was over the weekend and is now trading for just over $6,200. One source claims that bitcoin isn’t “doing too bad” when compared with other forms of digital money. The currency’s market dominance has shot […]
Now Blockchain Marketplaces Are Made in China Too
You’re used to just about everything you pick up having a “Made in China” label on the box. But the world’s largest manufacturing economy is moving into marketplaces as well – decentralized marketplaces, that is. And just like every other area, they’re getting pretty serious about it, too. Functioning decentralized […]
6 ICOs That Are Burning Through ETH Funds
Interesting things tend to happen in the world of cryptocurrency, not all of which make a lot of sense on paper. It seems a fair few ERC20 projects have been liquidating massive amounts of Ether over the past month. That could explain the ongoing ETH price decline, although there are other […]