Members of the European Parliament decided to vote in favour of tighter crypto AML regulations. These anti-money laundering reforms will include closer regulation for cryptocurrencies. 574 members voted in favour of this, with only 13 votes against and 60 abstentions, according to an EUP press release. The press release stated that this is the fifth…
According to the prominent Czech-Canadian energy scientist Vaclav Smil as a species we have gone through three ‘energy revolutions’: the first was the discovery of thermal or fire by harnessing the sun’s energy to burn wood and plants. The second was the transition to farming which allowed us to store the sun’s energy in food…
Cryptocurrency regulations have been a hot topic in recent months. Lawmakers’ opinions have ranged from banning crypto assets altogether — claiming they pose a risk to the global financial system — to leaving this new market entirely unregulated. Earlier this week, International Monetary Fund (IMF) chief Christine Lagarde contributed to the discussion by suggesting an…
Savedroid has been a promising ICO since its inception. Founded in 2015, the project sought to develop algorithms based on artificial intelligence that would allow users to manage their expenses more efficiently through a carefully designed savings and investment system. The project was so successful that in 2017 won the Fintech of The Year award,…
This morning via a press release, IBM announced that Batavia passed its first live pilot transactions. Batavia is a blockchain-based trade finance platform that was developed by a group of banks around the world and IBM. These banks include Bank of Montreal (BMO), United Bank of Switzerland (UBS), CaixaBank, Erste Group, and Commerzbank. Batavia incorporates the…
The cryptocurrency market is mostly in the green today, as it’s currently nearing its month-long high. Today, we’re looking at three coins that continue to surge: Ripple(XRP), Tron(TRX), and VeChain. Source: CoinMarketCap All but five coins on the top 100 are seeing losses this morning, which is great news. There isn’t any major breaking news…
What’s going on with crypto? Many coins are up today, including Cardano (ADA), IOTA (MIOTA), and Monero (XMR). Let’s find out what’s happening. Cardano (ADA) Cardano is currently selling for $0.268752, which puts the coin up 7.25% in the past 24 hours. Source: CoinMarketCapCardano’s growth has slackened off a bit in the past few hours…
GameCredits, the organization behind the GAME token has announced a desktop application that enables users to mine crypto in return for GAME. Available as a free download for PC, Mac and Linux operating systems, GameCredits community director Jack Kuveke says the idea of GShare is “to allow gamers who typically have powerful GPUs (Graphics Processing…
Earlier this morning, Bitcoin price returned above $8,000 following a slight dip below that price level on Tuesday evening. BTC/USD has been holding steady this week as investors await the next potential breakout. For the past two weeks, Bitcoin gained close to 20%. BTC/USD Showing Strength Despite falling below $8,000, Bitcoin price bounced back quickly…
Much of crypto is up, but some coins are struggling. Has the Verge (XVG) partnership downgraded the coin? What are Dash and Lisk (LSK) up to? Let’s find out. Verge (XVG) Verge is currently selling for $0.071327, which puts the coin down 14.08% in the past 24 hours. Source: CoinMarketCapYesterday, Verge announced that its mystery…
