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cryptocurrency January 5, 2018

BitConnect has drawn the attention of regulators who want to stop it from soliciting cryptocurrency investment services to Texas residents. Advertisements On January 4, 2018, the Commissioner of the Texas State Securities Board filed an Emergency cease-and-desist order in an effort to put the brakes on investment programs offered by England-based cryptocurrency platform, BitConnect. According […]

cryptocurrency January 5, 2018

Visa’s sudden decision to rescind services for cryptocurrency credit cards may have left some people temporarily stranded abroad without access to funds. Advertisements On January 5, 2018, WaveCrest, a card issuer working with cryptocurrency credit cards, including Bitwala, Cryptopay, Wirex, and TenX, announced that following an order from Visa Europe, it would suspend services immediately. […]

cryptocurrency January 4, 2018

A new report from the Royal Bank of Canada (NYSE:RY) says blockchain technologies could become a $10.0-trillion ecosystem, benefiting those “protocols” at the lower end of the infrastructure pyramid. (Source: “RBC Report: Crypto and Blockchain Could Unlock $10 Trillion Market,” CoinDesk, January 3, 2018.) Advertisements Allow me to translate that into plain English. When it […]

cryptocurrency January 4, 2018

A government think tank in India is exploring the benefits of blockchain technology. Advertisements It was reported on January 4, 2018, that the government of India’s policy think tank NITI Aayog is seeking to develop a proof of concept regarding the application of blockchain technology to various sectors. Addressing this, a government official told local […]

cryptocurrency January 4, 2018

Blockchain technology is being tested in an aerospace and banking industry partnership that would develop security systems. Advertisements On January 4, 2018, Israel’s largest bank, Bank Hapoalim, announced that it will work together with the cybersecurity wing of Israel Aerospace Industries (IAI) to test the mettle of blockchain-based defense systems. The state-owned bank brings expertise […]

cryptocurrency January 3, 2018

Some of you may recall that TechCrunch founder Michael Arrington launched a $100.0-million crypto investment fund last year. Advertisements In doing so, he made Ripple (XRP) the “cash position” of the fund. This meant that investors had to buy XRP in order to join, rather than simply putting U.S. dollars into the fund. It was […]

cryptocurrency January 3, 2018

The latest synopsis of the collective projects in the Ethereum ecosystem was released by the development team. Advertisements The Ethereum Foundation has released a roundup of 2017’s Q4 developments. These latter updates focus on scalability, with the goal of expanding the capacity of the network to handle more complex applications and a higher volume of […]

cryptocurrency January 2, 2018

Credit: iStock.com/gamegfx Advertisements After failing to break above $800.00 for more than a week, Ethereum prices finally caught a tailwind on Tuesday morning, soaring as high as $914.83. This was a record high for the Ethereum to USD exchange rate. The Ethereum to Bitcoin rate, meanwhile, also rose 13.59% to 0.06439940 BTC. Clearly, money is […]

cryptocurrency January 2, 2018

There is a race going on today between two cryptocurrencies for second place in the market capacity charts. Ripple and Ethereum are both vying for the spot just behind Bitcoin, the two altcoins have posted strong gains during the Asian trading session today. Advertisements Recently knocked off its second spot is Ethereum which has also […]