Bakkt Announces $182 Million In Raised Funds
By Sam Mitchell
Bakkt has announced that it has raised $182.5 million. The raised funds are to be used in the building of its global digital assets platform and its development of Bitcoin futures product. New Opportunities For Bakkt According to a post on the Medium, made by the firm’s chief executive Kelly Loeffler, the funding round was made possible through its cooperation with twelve of its partners. The ICE (Intercontinental Exchange), the...
6 Amusing Cryptocurrency Facts That You May Not Know
By Umberto Papa
Crypto is from the 80s One of the most common misconceptions about cryptocurrency is that it is a fledgling invention, born somewhere around 2010’s. Few people know that the idea of applying cryptography to money was elaborated in 1983 by David Lee Chaum, the well-known American computer scientist and cryptographer, who also laid the ground for the Cypherpunk, an underground movement that stands at the origin of Bitcoin. The creator...
Self-Regulation Of Crypto Exchanges Approved In Japan
By Sam Mitchell
Wednesday, 24th October 2018 will go down as a great day in the history of the Cryptocurrency market. On this particular day, the Financial Services Agency of Japan granted the Crypto market an authority to self-regulate. This implies that the Japan Virtual Currency Exchange Association can now establish rules for consumer protection, operational requirements, and employee ethics. A Way Of Restoring Back The Market Trust In a statement released on...
Blockchain Course Launched At The University Of Tokyo
By Sam Mitchell
The University of Tokyo has started teaching a blockchain course at its main engineering graduate school. This initiative has received support and donations that is estimated to be worth $800,000. The donation is from a partnership that includes Sumitomo Mitsui, the Japanese banking guru, and the Ethereum Foundation. Blockchain Innovation Donation Course Dubbed the “Blockchain Innovation Donation Course”, this class began on the first of November and is expected to...
Unlocking Blockchain’s True Potential
By Sam Mitchell
The decentralized network’s capability to solve problems across a wide range of industries is undisputable. Yet we are in the beginning of the beginning of blockchain. And if that’s the case, then the $10 billion in revenue that has been predicted of blockchain companies by ABI Research in the next few years is very possible. According to Nick Szabo, distributed ledger technologies are decentralized and trustless. Innovations in social scalability...
Blockchain In The Food Supply Chain
By Sam Mitchell
Ever thought of where your food came from? Or if the person who harvested your coffee was paid a fair wage? These are some of the questions blockchain can help answer. Today’s world has the consumer increasingly interested in where his food is coming from and how it’s packaged. A lot of people are changing their shopping habits based on this. Blockchain is the technology that is enabling the tracking...
Volatility Drops The Lowest Since May
By Sam Mitchell
It’s hard not to notice how tightly bitcoin has been trading the last couple of weeks. Volatility has hit the lowest in four months the last 24 hours. According to Blockforce capital, an asset managing platform, it’s the first time since May 10 that the volatility readings are at 47%. Blockforce capital also showed declining 60-day volatility with a reading of 54%, also a new low since May 10. Bitcoin...
Blockchain Investors Summit South Korea 2019
By Sam Mitchell
Address: Grand Intercontinental Seoul Parnas. Gangnam-Gu, Seoul, in Samseong-1(il)-dong, 521 Teheran-ro, South Korea. Email: info@gbf.world The Global Blockchain Foundation is set to convene a World Blockchain Summit dubbed as the World Blockchain Summit South Korea 2019. The meeting is taking place between on 30th May 2019 at the Grand Intercontinental Seoul Parnas, in the city of Seoul, South Korea. The DLT focused conference is targeting Crypto investors, corporate Investors, family...
Upcoming Ethereum Scaling Projects
By Sam Mitchell
Cryptocurrencies might be making a comeback, but they aren’t yet half what they were in the last quarter of 2017. However, to give credit where it’s due, they are recovering, and things look good. In addition to the rising prices are essential development procedures to look forward to in 2019. Parties in the crypto community will be particularly interested in Ethereum in 2019. The digital currency has upgrades and breakthroughs...
The Cardano Cryptocurrency
By Sam Mitchell
Imagine a cryptocurrency that is secure, scalable, governable and interoperable. Sounds like a dream right? Well, the dream is about to come true with third generation Blockchains. Third generation cryptocurrencies are built to include the positive features of the first two generations of Blockchain and a few unparalleled features for an ideal Blockchain like Cardano. What Is Cardano? The cryptocurrency is a third generation open source platform facilitating smart contracts...
Facebook Set To Launch Native Cryptocurrency Next Year, BBC Reports
By Sam Mitchell
Reports from BBC published today, 24th of May, state that Facebook will be launching its own Cryptocurrency next year. The payments focused Crypto has been dubbed the ‘GlobalCoin’. Facebook Consulting Various Entities About Forthcoming Launch According to the BBC reports, the social media giant is looking to launch the digital currency in a dozen countries within the first quarter of 2020 with the testing set to be carried out by the...
Crypto-Social Media Combining Projects
By Sam Mitchell
The innovative nature of cryptocurrencies makes it easy for the modern day person to adopt the technology. Social media integrating crypto support is not a common thing. However, the few existing ones have been receiving immense support which is not commonly found in other platforms. Today’s piece, we focus on projects that have attempted, or are planning to attempt the option. Their success may be guaranteed but, it appears that...
Blockchain – The Answer To User Data Manipulation
By Sam Mitchell
Studies have shown that at least 2.3 billion people use Facebook daily. The statistics have hardly changed in spite of the company facing major accusations in 2018 regarding the privacy of its user’s data. Moreover, Facebook’s former VP of User Growth has publicly said he doesn’t allow his children on Facebook. He has accused the LIKE function on Facebook for manipulating user’s psychological weaknesses for what he calls quick rewards....
Crypto Booster – How To Invest On Autopilot
By Sam Mitchell
Crypto booster is one of the best tools to use for passive Cryptocurrency investing. This website enables you to invest in the best Cryptocurrencies without your involvement. Investing in the Crypto sector requires knowledge about the industry and takes a lot of time. With the Crypto Booster, however, all this is done automatically. Crypto Booster will rebalance and diversify your investment automatically. Moreover, after selecting a schedule of your choice,...
US Homeland Security Shows Interest In Blockchain Transactions
By Sam Mitchell
The US Department of Homeland Security has published a pre-solicitation document for the 2019 fiscal year. This has been done through the agency’s secretary Kirstjen Nielsen. There are several issues that have been explained in that 27-page letter document. But the main one is dedicating resources that can be used to analyze the privacy of virtual coins. Blockchain Forensic Tools Needed By Law Enforcement Agencies For The Privacy Coins The...
Crypto Market Lessons About Investing
By Sam Mitchell
Here are some top reasons that each virtual asset investor should take into account before investing in the future; Ensure You Fully Understand The Cryptocurrency Although this might appear common to understand what cryptocurrencies are, it is important to understand the basic concepts. One of the major factors to succeed in this market is the comprehension and familiarity of the market. This would include understanding what cryptocurrency means. The crypto...
Fiat Currency’s End Is Fast Approaching
By Sam Mitchell
Times are changing. Fiat currencies are no longer reliable, and we cannot rely on them forever. But luckily we have a solution. Crypto is the answer when it comes to insecurities regarding market crashes and dips. We can trust crypto to protect our life savings in tough times like these. Exchange rates change every day. Matter of fact, five minutes after reading this, chances are you will find a different...
Why Crypto Prices Have Improved
By Sam Mitchell
2019 is turning out to be a wonderful year for cryptocurrencies, far from what we witnessed in 2018. The truth is that ever since February, when cryptocurrencies recorded the first positive month, it has all been positive news from cryptocurrencies. The overall increase since January is 60% so far. The 40 percent increase recorded in April has proved very significant to the current figures of cryptocurrencies. But the gains haven’t...
What’s Going on with Crypto Prices? Use Your Nose
By Jason Bloomberg
Every crypto fan noticed bitcoin network above $4,000 on March 16th. However, there was broad confusion over why. Sure, there were plenty of theories. Crypto expert Nigel Green says the crypto winter is over. Prominent crypto trader Alec Ziupsnys says that the crypto market has hit bottom. And then there’s crypto whale Zhao Dong, who advises hodlers to keep on hodling – the “only thing you need is patience.” With...
Ohio To Use Bitcoin To Pay Taxes
By Sam Mitchell
Ohio has officially become the first state in the US to accept bitcoin as a means of payment for taxes. The state announced its revolutionary decision on Monday and is anticipated to be the first among a string of states to follow. Speaking after he made the announcement, Josh Mandel who is Ohio’s state treasurer added that the blueprint was crafted in such a way that it would be easier...
Latest Crypto News
October 14, 2019
Going on 2020, What Crypto And Blockchain Investors Have To Know
The markets have revealed a lot in 2019. We now have to use some of those insights coming into 2020. Considering what happened in 2018, 2019 wasn’t such a bad year per se. We had a bull run during the first half of the year, although the prices stagnated and dropped at some point, it’s […]
October 12, 2019
Find Love on Blockchain
From use cases in energy, finance and insurance industry, blockchain now has a new use case; finding love. Yes, you read it right, blockchain is now a solution to finding your soulmate. If you have tried other technologies like tinder, then you know that not everything is real and the world can be very deceiving. […]
October 10, 2019
Celebrities Totally Into Bitcoin
Bitcoin used to be synonymous with the black market purchase of illegal goods. But now celebrities have joined the crypto craze. We explore some of the celebrities who have joined the crypto bandwagon or shown interest in the new wave of digital money. Kanye West Besides suing a crypto project for trademark infringement, Yeezy himself has […]
