Reading Time: < 1 minuteFINMA, the financial regulatory agency in Switzerland, recently approved 2 requests to issue banking licenses from blockchain businesses. This comes at an important time since blockchain projects from all around the world look for guidance and approval for such licenses. Other jurisdictions are not going to be directly impacted by the regulatory strides in Switzerland. … Read more
Reading Time: 2 minutesThe US IRS sent a new round of letters, CP2000 to crypto traders last week. The notices were sent because tax report inconsistencies were found. According to reports, the IRS uses information offered by payment systems, crypto exchanges and other third-party systems in order to determine how much the crypto traders owe. The calculated amount … Read more
Reading Time: 2 minutesJeremy Allaire, Circle CEO, declared that the US is lagging behind the country of China in terms of developing a national digital currency. According to him, this can alter the way in which the Western companies will transfer payments in the future. After Japan was reported to develop a cryptocurrency network to rival SWIFT, it … Read more
Reading Time: 2 minutesWhen it comes to cryptocurrency activity and blockchain technology, Japan is a force to be reckoned with. It is so strong that the government now tries to build a specific infrastructure, one that was labeled as being the “SWIFT of cryptocurrency”. Obviously, it is much easier to say something like this than to actually do … Read more
Reading Time: 2 minutesCBDC Expected To Launch Before Facebook’s Libra Digital Currency The PBoC (People’s Bank of China) is close to launching a government-backed digital currency, according to official sources. News was broke by China Daily, a CPC-owned news portal in English, on August 20. The report also highlighted that the CBDC (central bank digital currency) was influenced … Read more
Reading Time: 3 minutesDerivative Digital Assets As Popular Investment Tools For Investors Nowadays, digital assets stand out as an important investment vehicle, right alongside bonds, commodities and bonds. We are looking at higher valuations and increased investor participation. The crypto market cap has a very high value, around $300 billion. This is why investors from various backgrounds and … Read more
Reading Time: 2 minutesThe OneCoin scam is long-enduring and it just re-appeared. A promoter from Trinidad and Tobago recently appeared in a video on YouTube promoting the cryptocurrency. His name is Cordel “KingJayms” James. The video shows Cordel James saying that the best thing that supporters can do is to sell the cryptocurrency and the related products in … Read more
Reading Time: 2 minutesDo you know what a smart contract is? The truth is most people talk about smart contracts but they do not know much about them. There is thus a huge confusion around them. This new technology became possible due to the use of public blockchains. The smart contract is not easy to understand due to … Read more
Reading Time: 2 minutesThere is a clear rising demand for professionals that can work in the blockchain industry. Due to this, there are numerous universities that are now building programs to accommodate students interested in blockchain courses. Some of the really interesting universities that offer blockchain courses include: University Of Nicosia – Cyprus This university might be based … Read more
Reading Time: < 1 minuteCoinbase officially announced that it is going to trade XTZ (Tezos) on Coinbase Pro, its professional platform. The official announcement about XTZ transfers happened and said that trading begins on August 5. As it was done in the past, the Coinbase Pro platform is going to ramp up XTZ trading through 4 steps: Transfer-only Post-only … Read more
Reading Time: 2 minutesThe entire cryptocurrency industry evolved at a really fast pace. It is simply much more advanced than what it was when Bitcoin first came out. Blockchain technology use is now widespread in practically all industry segments and it did evolve with extra versions and additions. However, every single DLT protocol has shortcomings. The community works … Read more
Reading Time: 2 minutesPhishing is just as common in the cryptocurrency world as in everything that involves a username and a password. In crypto, phishing is used as a very simple scam that gains access to user accounts. This usually involves stealing private keys. How Do Phishing Scams Work? You most likely already know about the scam emails … Read more
Reading Time: 2 minutesThere have been many surveys done that showed the fact that most UK and US adults do not care about the new Facebook “cryptocurrency”. These surveys suggest the fact that people simply do not care about Libra. They also showed that people are skeptical due to the recent scandals that involved the social media company … Read more
Reading Time: 2 minutesBitcoin is showing weakness right now and it is a good sign for the crypto tokens that were beaten over by the main cryptocurrency in the world. We are looking at a Bitcoin correction happening so the smaller assets will try to bounce. There are many coins that can end up with a rally due … Read more
Reading Time: < 1 minuteThe New York Times Company recently revealed brand new details about the blockchain publishing experiments it has been doing. This culminated with a new website launched by the publisher, News Provenance Project, which explains the way in which the Research and Development department of the newspaper is using the permissioned blockchain from Hyperledger Fabric to … Read more
Reading Time: 4 minutesWhenever talking about Bitcoin mining, people think about hardware, software and wallets. However, there is also another thing that should be known: Bitcoin mining pools. The Bitcoin Mining Pool When we look at the theory of mining Bitcoin, everything is really simple. However, this is only the case when you have access to the very … Read more
Reading Time: 4 minutesDid You Hear About IEOs And Do You Know The Difference Between Them And ICOs? IEOs practically appeared as an alternative to ICOs and were practically caused at the end of 2017, due to the ICO ban that happened in China. Projects were left unable to use ICOs so they turned to IEOs. This was … Read more
Reading Time: 5 minutesDo You Know How To Identify Cryptocurrency Scam Coins? It is very difficult to understand the technology behind cryptocurrencies. Really complicated computing jargon is used to describe cryptos so it is really easy to be confused. This includes those that are tech-inclined. Things are made even more complicated by the fact that regulations are mostly … Read more
Reading Time: 2 minutesBitcoin mining is definitely a profitable business for numerous countries but only in the event that operations happen in a country where costs are low. In order to mine Bitcoin, electricity is needed and there are also other business costs that have to be considered. Powercompare.co.uk released a report about the countries where mining Bitcoin … Read more
Reading Time: 2 minutesDo You Know How To Value Cryptocurrency Before Buying It? Valuing cryptocurrency is not as simple as many believe. Everything that is written below should be seen just as an introduction to the topic. In order to understand the potential and value of any digital coin, you have to consider various really important factors. How … Read more
Reading Time: 3 minutesIf you do not know much about cryptocurrency, it is really important to take things slowly and learn all that you can before you make any decision. You basically need to acknowledge the fact that you are a newbie. Remember that most people out there do not actually know much about cryptos. In fact, they … Read more
Reading Time: 2 minutesThe entire industry is focused on the price of Bitcoin but miners are now worried about the increasing hashrate. Bitcoin hashrate is heading in the exact direction it should but this might be problematic for some businesses. Cryptocurrency price is not at all going to dictate what will happen in the industry. Miners always controlled … Read more
Reading Time: 2 minutesPropy, a real estate platform that is based on blockchain technology, recently announced it sold a San Francisco property for $1.6 million. The owner was revealed to be CrunchFund, which is co-owned by Michael Arrington. This news appeared just after the highest value transaction was done on Propy, a San Francisco duplex listed for $2.4 … Read more
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