Cryptocurrencies made a strong comeback in the middle of the week, after posting 2018 lows a few days prior. Investors began dumping digital currencies after Bitcoin Cash miners decided to split the chain in two. After the hard fork, an all-out hash war began, and investors weren’t pleased. Investors began buying back digital currencies when…
Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of…
Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started…
South Korea has just become the first East Asian country to legalize medical marijuana. But it may be the second to put voting on the blockchain. Japan is already trialing the technology to allow citizens to cast votes on “social contribution projects.” South Korea has been an advocate of blockchain technology though it has a…
Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $3,700 since…
Ten financial and tech companies have come together to establish an Association for Digital Asset Markets or ‘ADAM.’ The groups aim is to create a “code of conduct” for the cryptocurrency sector. ADAM is a Good Boy The body is made up of well-known crypto names. These include Galaxy Digital, BTIG, Paxos—which recently launched the PAX…
Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has plunged nearly -75% since the…
Nearly ten days ago, Bitcoin Cash underwent its second scheduled protocol upgrade of the year. Most in the crypto community know that a ‘hard fork’ in the chain is the only way to upgrade proof-of-work consensus protocols. Just before this upgrade occurred, competing proposals emerged and split the BCH community in three. From the scheduled hard…
As Bitcoin heads down the slope, the State of Ohio has just made a move that actually champions the ailing coin. And it’s a vital time for such a move. Ohio has decided to accept Bitcoin for tax payments, becoming the first state to do so. Not only is this move momentous in terms of…
Back in 2017, Bitcoin (BTC) and cryptocurrency took the spotlight in the media as investors and Wall Street began to take notice of digital currencies and the blockchain. Many executives in the major global banks shot down digital currencies almost immediately, as Bitcoin was a direct threat to their existence. See, Bitcoin was created to…
