Islamic banking is a trillion dollar industry worldwide particularly popular in the Middle East and North African regions. Based on lower interest rates and increased investment-based culture, it is becoming popular for religious and political reasons among the communities in these countries. Disclosure: This is a Sponsored Article But, the […]
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The 2018 Year of Cryptocurrency Challenge – Week 21
At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Two weeks ago was my twentieth installment of the challenge. Between then and now, there has […]
Ark Unveils Plans for Their New Core v2 Client That Includes Devnet Release Date
ARK, a platform that enables interoperability between separate blockchains, is a highly anticipated project that recently decided to renovate itself from the ground up. In fact, the team behind the project has been in the process of building an entirely new client for the ARK platform since the Fall of […]
Bitcoin Price: Sideways Momentum Can Turn $6.800 Into new Support Level
Most cryptocurrency holders and investors aren’t happy with the way the markets are evolving as of right now. That is only normal, as the Bitcoin price determines the fate of the rest of the pack. In the case of the Bitcoin price, it seems the dip is nearly over, albeit […]
EOS Price: Short-term Squeeze can Push the Value Below $11
It has become apparent over the weekend there is still a lot of negative pressure across all cryptocurrency markets. All of these major currencies are still in the dirt, with the EOS price taking the biggest hit of them all. This most recent 14.24% setback is worrisome for altcoin speculators, […]
$1.1B Worth of Crypto Has Been Lost to Hackers This Year
More than $1.1 billion worth of digital currency has been stolen in the first six months of 2018, according to a report by cybersecurity firm Carbon Black. The report unearthed a thriving dark web ecosystem related to the theft of cryptos in large quantities. Even more worrisome is how easy […]
SEC Director Shares Insight on State of Crypto Regulation
The SEC is very concerned about the possibility of market manipulation in certain crypto trading venues, a senior regulator revealed in an interview with CNBC. Brett Redfearn, the Director of Division and Trading at the SEC, shared insights on the state of crypto industry regulation, ranging from the categorization of […]
Top 3 Best Blockchain Platforms for Music Distribution
Problems with the music industry abound. That’s no secret. While the internet offers greater opportunities, it also hacks into artists’ profits. Sure, sites like YouTube and Vimeo give wannabe singers and musicians a chance to get their work in front of an audience. But they have to generate some pretty […]
Bank of Thailand Exploring Blockchain Tech and CBDCs
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 […]
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 […]