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Despite Strict Regulations, Americans Invest in ICOs Using One Simple Trick
Initial Coin Offerings, popularly known as ICOs, defined late 2017. It represented a new phenomenon which gripped the Cryptocurrency market and was fueled by pure FOMO, excitement, enthusiasm, and greed. In a few months alone, investors put billions into these…
Betrium to Offer Cryptocurrency-based Worldwide Betting Service
In a new application of blockchain technology, the Betrium ICO is looking to the lucrative $533 billion global gaming industry for potentially handsome returns. A group of entrepreneurial developers, all graduates from MIT and MIPT, are now offering the first…
Huobi Crypto Exchange Set to Launch in the US and Gets FinCEN Registration
In a sign that the crypto sector is beginning to focus on staying on the right side of the authorities, the United States-based operations of the Huobi cryptocurrency exchange has registered in the category of being a ‘money services business’…
ASIC Mining and How it Is Undermining the Decentralized Nature of the Blockchain
When the mysterious Satoshi Nakamoto put forth his ideas for the creation of bitcoin in the 2008 white paper, one of the most obvious philosophies was the elimination of centralized systems and their replacement with a decentralized network. This idea…
Ethereum Founder Proposes Hard Cap on ETH Supply
m, EtIn a post authored on GitHub, Ethereum founder Vitalik Buterin proposed a fixed supply cap on the total number of ether (ETH). Called the Ethereum improvement proposal (EIP), developers and software users were also asked their opinions about this…
The Largest Cryptocurrency Exchange, Binance, Is Facing Serious Regulatory Heat
At a time when crypto exchanges across the globe are facing regulatory hurdles, Changpeng Zhao, founder of Binance, faces the daunting task of steering Binance towards calmer waters. Taking the Crypto Show on the Road Based initially in China, the…
Bitcoin Drops to Near $6000 Following EU Rules Against Leveraged Trading
On Friday, March 30, the first day of an extended Easter weekend bitcoin price has fallen and nearly broke the $6,000 handle. It looks like the rate was affected by the recent Brussels announcement which is planning to rule against…
After #deletefacebook Here’s Minds’ Decentralized Social Network
Minds.com, a decentralized social media platform, is hoping to implement the Ethereum blockchain into its core technology, post recent accusations against social media giant Facebook. Launched in 2015, Minds has a registered global audience of one million users, and reports…
China Identifies Digital Currency as a Top-Priority, Focuses on Developing Its Own
Is China expediting the development of a state-controlled digital currency under the leadership of newly appointed People Bank of China (PBoC) governor Yi Gang? Likely so. Reinforced Measures to Regulate Cryptocurrencies On March 28, 2018, the PBoC outlined its agenda…
Withdrawal Issues at Bitcoin Exchange Cryptopia Is Panicking Customers
It seems that New Zealand-based cryptocurrency exchange, Cryptopia, one of the smallest cryptocurrency exchanges in the industry, is having issues and customers have been complaining for quite some time now. The cryptocurrency industry is still a “Wild West” and a…
Sharding Could Be the Only Way Forward for Ethereum
The scalability debate is all across the cryptocurrency community. With major occurrences such as the CryptoKitties debacle clogging up the entire Ethereum network over the span of a few days, it is well-known that the biggest, public blockchains in their…
International Crime Outfit uses Bitcoin to ‘Clean’ Stolen Money
A gang of Ukrainians and Russian cybercriminals was seized March 22 by the Spanish Police. Apparently, the group has allegedly stolen along five years from financial institutions worldwide more than one billion euros (about $1.24 billion) and converting to bitcoin.…
Blockchain Technology Could Help Da Vinci’s Artwork Auctions
Buying and selling art has been considered a social symbol, highlighting one’s status and splendor. Even though it is considered to be a novelty by most, the total sales for the art industry stood at a whopping $45 billion in…
LocalCoin Launches Bitcoin ATMs in Toronto at Gateway Newstands
Ontario-based company LocalCoin which specializes in bitcoin-related services announced on March 29 a partnership with Gateway Newstands, bringing a network of Bitcoin ATMs to Toronto’s subway. Gateway Newstands is a chain of convenience stores and currently has more than 500…
Ripple Donates $29 Million Toward Child Education: Could it be a PR Stunt?
Ripple, the world’s third-largest cryptocurrency by market cap, has donated $29 million through educational crowdfunding website DonorsChoose, revealed March 27. The programme shall fund 35,000 classrooms, and represents the most significant donation received by the website. In a video announcement,…
The History of Bitcoin Part 2: Bit Gold
Read Part 1 of the History of Bitcoin series here. While bitcoin is the first functioning decentralized digital peer-to-peer payment system, it has several predecessors that have helped to shape its existence. It will be these forerunners that will make…
A First Look at Peepeth: Ethereum Based Microblogging Service
Many have compared the evolution of blockchain technology to that of the emergence of the internet age. Right from its conception, both innovations have been seen as a disruptive technology capable of causing radical shifts in many different business processes.…
German Authorities Make Bitcoin Official Legal Tender in the Tourism Sector
Life is a trade; you win some, you lose some. This is the condition of the world’s flagship cryptocurrency right now. While bitcoin is banned in some countries presently, it is gaining more mainstream adoption in many other nations. In…
