Sony Unveils Crypto Hardware Wallet
By Sam Mitchell
An electronics giant has announced the development of a multi-purpose Crypto hardware wallet that it says will help Crypto owners store their digital assets more securely. Furthermore, the technology may be soon coming to a store easily accessible to you. IC Card With Tamper Proof Module Sony, the electronics giant and tech conglomerate based in Japan, made the announcement that its Sony CSL (Computer Science Laboratories) division had been successful...
Bitcoin Cash: History And Purpose
By Sam Mitchell
Bitcoin developers always knew that they would one day encounter a scaling issue. More specifically the size of transaction blocks, being limited to 1MB. It’s not news that the issue reached its climax with substantial delays in transaction processing and limitations regarding the number of the transaction the network processes. And what do users, miners and developers do on the onset of such a problem? They look for multiple ways for solutions....
India’s Crypto Regulation Report Is Now Ready
By Sam Mitchell
The new finance secretary for India has just confirmed the readiness of a new report concerning crypto regulations. This comes just some few days before the planned G20 summit. It is just a matter of days before it is submitted to the finance minister so that it can get approved. Narendra Modi, the Indian Prime Minister appointed the new finance secretary following the resignation of the former secretary Arun Jaitley....
South Korean Government To Use Blockchain Technology To Track Beef
By Sam Mitchell
South Korea has announced a Blockchain technology pilot that will be used to track the movement of beef through the supply chain network. Blockchain Technology To Make Process Easier According to the reports made by the Yonhap News Agency, the Ministry of Science and ICT and the Ministry of Agriculture, Food and Rural Affairs will be partnering in in the undertaking. The pilot will be launched next month, December, and is...
A New Gaming Revolution
By Sam Mitchell
It’s inspiring, how Blockchain is fast becoming a household name. Since the flagship cryptocurrency came into perspective a decade ago, the technology behind it is growing tremendously. The gaming industry is among the initial benefactors of the growing technology. The combination of Blockchain and gaming is opening ways of interaction and for gamers to enjoy the games more. In addition to these new possibilities is a new perspective in the...
Origins Of Bitcoin
By Sam Mitchell
Bitcoin is perhaps not only the largest Cryptocurrency in terms of market cap but also the most popular. It has been around since 2009 making it the oldest virtual currency. The coin has revolutionized the banking sector enabling people to send and receive cash from almost anywhere without the need for intermediaries. Bitcoin has undergone significant highs and lows in the last decade. Currently, the coin has been through...
All You Need To Know About Crypto Taxes
By Sam Mitchell
Crypto taxes are not as straightforward as you think. There are certain provisions in the new crypto tax law that makes taxing of crypto not exactly a walk in the park. Besides that, the Internal Revenue Service is not clear about certain provisions within the same crypto tax law. Ultimately the burden lies on the taxpayer. The taxpayer has to revise all crypto trades made, compile all the necessary information...
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...
The New Way Of Storing Private Keys And Recovery Phrases
By Sam Mitchell
We cannot hide from the fact that more than a billion dollars of crypto were lost in 2018 alone. Some users reportedly had their funds hacked or scammed. Others just couldn’t access their funds, simply because, they lost their private keys or recovery phrases. These cases have one thing in common- poor private key management. This piece is all about a new way of securing your private keys and recovery...
Ethereum, The Game Changer
By Sam Mitchell
No one would have thought 10 years ago that blockchain technology would reach the heights it has achieved today. No one even thought of that 15 months ago, back in December 2017 after blockchain went mainstream. It’s incredible that today we are talking of an evolution that is slowly coming to be, the blockchain revolution. Back before the news went viral, only a few cryptos were making headlines with their...
Securing A Blockchain
By Sam Mitchell
3 Important Things Blockchain is now mainstream, and business leaders across the board are actively finding out ways to incorporate the technology in their businesses. There is no doubt that upon implementation and installation, companies will reap the full benefits of blockchain. But an issue with security pulls us back. The World Economic Forum (WEF) recognizes this fact. A new report suggests that indeed, blockchain security is a reason...
Skills You Need For a Career In Blockchain
By Sam Mitchell
A recent report by KPMG asserts that the blockchain hype is finally fading away. Individuals and businesses are now beginning to understand the nature of blockchain technology, what it is, and what it’s capable of. Another study by Gartner says blockchain adoption is on a fast track lane in regards to adoption. In the past year alone, the technology managed to intensify its adoption from 1% of businesses running blockchain...
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...
LCX Can Now Offer Crypto Services In Liechtenstein
By Sam Mitchell
Several crypto exchanges have continued to be licensed for offering crypto trading services. The latest is Liechtenstein, LCX, which would be offering it for payment and utility tokens. LCX will be providing four main cryptocurrency services in partnership with Binance. LCX Is Now A Regulated Exchange On Tuesday, 27th November, LCX made a big announcement. That was the day it was granted a license by the Liechtenstein Ministry of Economic...
Celebrities Totally Into Bitcoin
By Sam Mitchell
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 taken an interest in bitcoin. The prolific rapper, artist, and producer spoke of bitcoin, although...
Neteller Gets Into Cryptocurrencies
By Sam Mitchell
An online fiat wallet provider has launched its Cryptocurrency exchange. Neteller users can now purchase, sell, and store virtual currencies such as Litecoin, Ethereum Classic, Ethereum, Bitcoin Cash, and Bitcoin on the platform. The company has joined Skrill, which recently launched a similar program on July 25. Nettler To Make Cryptocurrencies More Accessible Neteller has become the latest company to add the virtual currencies after the company announced the launch...
Kenyan Restaurant Accepting Crypto For Payments
By Sam Mitchell
In Mount Kenya lies a savvy restaurant that has begun accepting Bitcoin as a mode of paying for meals. Crypto For Meals In Mount Kenya The restaurant is called Betty’s place and is located over roughly 90 miles from Nairobi, which is the capital city of Kenya, in the rural part of Nyeri. Betty’s Place is among the few start-ups in the country to embrace the Blockchain technology and Cryptocurrencies,...
Make Money In Any Crypto Market Trend
By Sam Mitchell
Today we are talking about something that everybody wants to hear, or at least would want to hear; making gains in a small bearish crypto market trend. We understand that the market might be experiencing turbulence. But that shouldn’t be entirely surprising, considering the steep gains crypto made in April and earlier in the month. But that being so, there are good ways to make profits when the prices rise...
Trade Bitcoin? Risk a $10 Million Fine and 30 Years in Prison for Violating Sanctions
By Jason Bloomberg
I like to joke that any proof-of-work crypto like Bitcoin and Ethereum puts the control over transactions into the hands of organized crime and/or a few guys in China (the best humor being true, of course). So what if those few guys in China get in bed with the Iranian government? In that case, run-of-the-mill organized crime is the least of your worries. This situation hit the news this week,...
Using blockchain to Restore The Oil Industry
By Sam Mitchell
Blockchain continues to do wonders for industries ranging from finance to health, and now, the oil and gas industry. Its adoption will almost certainly transform the sector to a more transparent and efficient and effectively bring back its glory days. For the first time, blockchain will now be used in oil production and operation activities. A group of seven oil companies including Chevron and ExxonMobil just came together and formed...
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 […]
