The Bank of Thailand, the country’s central bank, is working closely with various stakeholders in the financial services industry to explore blockchain applications in the banking sector. In a speech at the Nomura Investment Forum Asia held in Singapore, Governor Veerathai Santiprabhob was full of praise for blockchain technology, describing […]
Recent Posts
R3 Consortium Facing Possible Bankruptcy
Enterprise blockchain consortium R3 is running out of money and could be bankrupt by early next year, Fortune reported on June 7. The startup announced that it had raised $107 million in May of last year, but it has emerged that lavish spending and lackluster performance have pushed the startup […]
Bitcoin Price Watch: Currency Tanks by Nearly $1,000
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially […]
Down We Go: $38 Billion Evaporated as Bitcoin, Altcoins Net Double Digit Losses
For those calling for the end of the bear cycle- hold tight a little longer. Following the extended sideways market movements, a price explosion was imminent. Unfortunately, this action took place in favor of sellers, as Bitcoin continues to tumble over the course of the past 24 hours. Altcoins have […]
The Role of Cryptocurrency in Crime: Money Laundering
There have been numerous allegations regarding Bitcoin and cryptocurrencies being used for nefarious activities. Making any of these charges stick has been a bit more difficult than anticipated, although there are some key statistics which all users need to be aware of. Turning illicitly obtained funds into ‘legal’ currency is […]
Valve Will Close OPSkins’ Steam Accounts Due to a Policy Violation
When it comes to the video gaming industry, there are a lot of new opportunities to explore when it comes to blockchain and cryptocurrencies. Not all of those ventures will have a happy ending, which is only to be expected. OPSkins, for example, was recently hit with a cease and desist […]
Brazil’s ABCB Wants Banks to Begin Servicing Cryptocurrency Firms Again
Brazil is not necessarily the hottest region when it comes to cryptocurrency ecosystems. Even so, there appears to be a growing Bitcoin movement in the country. It has become apparent that Brazilian banks do not take kindly to Bitcoin and other currencies, yet they are facing some pushback from the […]
SEC Grows Concerned Over Lack of Self-Reporting in the ICO Industry
The initial coin offering industry has attracted plenty of attention from regulators all over the world. Especially in the United States, there appears to be a major crackdown on schemes which violate securities laws. Even so, the SEC remains surprised as to how few exchanges self-report when it comes to […]
The key trends of insurtech in 2019 by Kasko2go
The conventional insurance companies are vulnerable to the world of technologies much like the vampires to the sunlight. The cause of this vulnerability is that the dominant majority of the processes become fully automated, and as a result, the entire departments become redundant. While a large part of the insurance […]
Quebec Temporarily Suspends Electricity Approval Procedure for Bitcoin Mining Firms
Cryptocurrency mining has become very popular in Canada. The country’s abundance of renewable energy and robust power grid infrastructure have made specific provinces very appealing. Unfortunately, it seems things will change in the province of Quebec fairly soon. Energy approvals for mining operations have been halted until further notice. Quebec […]
Silicon Valley’s Top Dental Practice Begins Accepting Dentacoin, the Dental Cryptocurrency
Shine Dental – Silicon Valley’s top dental practice, based in Fremont, California – has started implementing Dentacoin, the digital coin of dentistry, as a means of payment. Disclosure: This is a Sponsored Article Shine Dental is lead by an award-winning celebrity dentist, Dr. Swapna Raveendranath and offers teeth whitening, bleaching, […]
What Is the Exchange Liquidity Aggregator?
It is evident there is still plenty of work to be done prior to making cryptocurrency mainstream. The Dimensions Network team has come up with something it refers to as the Exchange Liquidity Aggregator. It is an interesting concept that could eventually make its way to other projects as well. […]
Worldcore launches Worldcore.trade & secure wallets for ERC-20 tokens
EU-regulated payment platform Worldcore launches Worldcore.trade cryptoexchange and industry-first secure PCI-DSS compliant wallets for ERC-20 tokens. Disclosure: This is a Sponsored Article Worldcore follows its roadmap and finally launched over 10 new products since ICO ended. On June 1 Worldcore launched it’s own branded cryptocurrency exchange Worldcore.trade. The exchange has the […]
Bitcoin Price: Dip Below $7,250 Seems Imminent but Won’t Last Long
Today is not a good day for the cryptocurrency markets. Even though volatility has been an integral part of this industry for some time now, this year’s cycle seems to be unrelenting. With the Bitcoin price dropping by 5.17% again, it remains to be seen if the world’s leading cryptocurrency […]
IOTA Price: Massive Decline Can Trigger Major Panic Selling
It is one of those days again where no cryptocurrency market momentum seems to make sense. All markets are in the dirt once again for no apparent reason, with the IOTA price losing a lot of value in the past 24 hours. With a 145% setback in the past 24 […]
Markets Slide as Price of Bitcoin Dumps to $7,300
Up until just hours ago, Bitcoin and altcoins have had a relatively quiet week. An extended sideways trend has kept volatility at impressive lows. However, recent price action on Bitcoin may have awakened the charts back to massive fluctuations that typically define cryptocurrency markets. Earlier today, global cryptocurrency markets were […]
The Economic Ripple Effect of Bitcoin Mining
Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes […]
Coinbase Inches Closer to Listing Securities With Three Acquisitions
With the debate on which digital assets should be considered securities and which shouldn’t dominating the crypto universe in recent months, crypto exchanges are taking measures to align themselves with whichever way the law swings. Coinbase is leading in this race with a number of initiatives in recent months that […]