Vimba Receives Grant From New Zealand Government
By Sam Mitchell
Vimba, a Crypto savings and trading platform based in Auckland, has been given a $300,000 grant by a New Zealand government entity. Grant Proof Of Faith In Crypto Sector While lauding the generosity of the government entity, Callaghan Innovation, in giving it that much money in the grant the chief executive of Vimba Sam Blackmore officially praised the entity for believing in the start-up. He stated in a press release...
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....
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...
Will Blockchain Facebook Ever Become Mainstream?
By Sam Mitchell
The Cambridge Analytica incident last year sure raised eyebrows on the manner in which social media giants handle user data. The result of the incident has seen a considerable number of users deactivate their accounts. A study by Pew Research Center says that 44% of youngsters in the US alone have logged off their Facebook accounts for good. But there is an emerging technology, one that promises to eliminate the...
Crypto Friendly Countries You Can Base Your Business
By Sam Mitchell
The right location is vital to a business’ survival especially if you are in the digital and crypto space. Governments around the world are continuing to learn more about cryptocurrencies and whether to allow them to flourish or crackdown to obliterate their uprising. Laws being passed have a huge say and some jurisdictions are more welcoming than others. It goes without saying the importance of taking time to review the...
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...
Your Loved Ones Can Now Inherit Your Bitcoin Cash
By Sam Mitchell
Last will platform now enables your loved ones to inherit the BCH you have acquired. The platform was launched by Karol Trzeszczkowski, a renowned software developer. It was introduced on the 10th of April. Known as Last Will, this is a smart contract program that is used to inherit Bitcoin Cash – BCH. It is an Electron Cash plugin that enables the users to create and manage the endowments of...
What Is Blockchain Technology?
By Sam Mitchell
The blockchain is a revolutionary technology that was developed by a person or group of people called Satoshi Nakamoto. Although the technology was originally devised for Cryptocurrency, Bitcoin, it has gained more areas of potential users, thanks to the technology community. Blockchain technology provides a way for different parties to reach an agreement without the need for a third party on a common digital history. Given that Cryptocurrencies and transactions...
Colorado Bill Proposes Exemption Of Digital Assets From Securities Laws
By Sam Mitchell
Lawmakers from the state of Colorado in the United States have put forth legislation that seeks to have digital currencies and other tokens be exempted from securities laws. Colorado Seeking To Become a Hub The two lawmakers, Senator Stephen Fenberg from the Democratic Party and Senator Jack Tate from the Republican Party, came together and submitted the bill which is being called the Colorado Digital Token Act. The bill puts...
Bitcoin Cash Acquires Over 140% This Week
By Sam Mitchell
Lately, the crypto markets have been experiencing an upward trend. However, a majority of the prices of leading virtual coins asset have witnessed good gains over the last one week. Approximately $132 billion is the overall market capitalization of all the coins that are in existence as of Sunday, 23rd December. On top of that, the international trade volume has significantly increased. This is considering the fact that it is...
India Expresses Fear Of Impact Of Cryptocurrencies On The Financial System
By Sam Mitchell
The committee formed by the Indian government to draft Crypto regulations has said that if Cryptocurrencies are accepted as payments, they could destabilize the local currency. Although Cryptocurrencies remain banned in the world's largest democracy, the government is working around the clock to put regulations in place. The recent observation by the panel is contrary to a report published by the Financial Stability Board (FSB) that stated that virtual currencies do...
BlockJakarta Blockchain Conference
By Umberto Papa
Muhammad Neil El Himan - Director of ICT Infrastructure, Indonesian Agency for Creative Economy (BEKRAF) shall speak at BlockJakarta Blockchain Conference. Pro has joined BlockJakarta conference as silver sponsor. Gabriel Rey De Leroy – CEO of Triv Exchange shall speak about ‘Bitcoin for milenail investment’. BlockJakarta Best Blockchain Startup winner announced - ‘mameCoin’. Sendy Ariani CEO of PT mameCoin Indonesia Berbagi shall advise on their project. Other speaker list: Oscar Darmawan - CEO & Founder, INDODAX Dr...
What Is Cryptocurrency Mining?
By Sam Mitchell
The past few years have seen bitcoin and other cryptocurrencies slowly grow into popularity. The number of people trading in crypto is always growing, save for the recent turbulence that has brought the industry to its knees. But, it’s not the first time cryptocurrencies have been discredited, they always fight back and when they do, the crypto craze will return again. But this also doesn’t mean that nobody wants crypto....
Fidelity Bitcoin Custody Service To Be Live By March
By Sam Mitchell
Fidelity will be offering Cryptocurrency custody services to Bitcoin holders according to off-the-record leaks. The company specializes in managing mutual funds and the service is expected to allow the company to serve Cryptocurrency holders better. The sources reveal that the launch date is expected in two months and is set to attract institutional and retail investors. This comes following an announcement by the Boston-based firm in October 2018 to offer...
Europe’s 4th Largest Stock Exchange Market To Support Cryptocurrency ETFs
By Sam Mitchell
Amun AG has been approved by Switzerland’s markets regulator to start offering Crypto-ETF services on the SIX Swiss Stock Exchange platform. The ETF will be offered as an index comprising of BTC, XRP, BCH, ETH, and, LTC. The ETF Concept? An exchange-traded fund or an ETF is a collection of investment portfolios for tailor-made for individual and institutional investments clients that a company holder on their behalf. These clients can...
Electrum Wallet Is Adding Support for Bitcoin’s Lightning Network
By Umberto Papa
The popular wallet service Electrum is soon to add support for bitcoin’s lightning network. Electrum’s founder Thomas Voegtlin told CoinDesk from the BIP001 blockchain event in Odessa, Ukraine, that work on the solution for sending lightning transactions with the Electrum wallet is now close to its official release. While he declined to reveal a specific release date, Voegtlin said: “We’ve been doing this work for about a year in a separate...
Best STO To Invest In
By Sam Mitchell
Initial Coin Offerings (ICOs) have dominated the Crypto sector in the last two years but many analysts believe that 2019 will be the year for the Security Token Offering (STO). Given that the security offerings sector is more regulated than the Crypto sector, STOs are likely to outperform ICOs in the long run although they're unlikely to replace them. One major benefit of the use of blockchain technology is that...
Blockchain For Engineers
By Sam Mitchell
Blockchain is the technology underlying cryptocurrencies. Businesses are looking into its use cases. And quite a number have emerged. The same have been applied in different sectors of the economy. Health, energy, supply chain are among the beneficiaries of blockchain. Engineering use case has been proposed as well. Implementation however is nonexistent in the early stage of the distributed ledger technology. There is a lack of enthusiasm towards the blockchain...
33 Cryptocurrencies Described In Four Words Or Less
By Umberto Papa
The cryptocurrency which is known as Bitcoin is the first one to hit the market and has started garnering attention from the people. The value of this newly minted currency has quickly risen from being almost nothing to more than a $1,000. After that, the price of Bitcoin fell and some people started questioning the value of Bitcoin currency, that whether these new types of currencies are desirable as they...
The Three Altcoins Showing Strength Against Bitcoin
By Sam Mitchell
In the last couple of days, bitcoin has been trying hard to put together a significant run. But its efforts have been futile. Every attempt to bounce back is being pushed back by a ceiling wall. The flagship cryptocurrency is drowning further beyond the $9,000 support level. The good news however, is that the weakening bitcoin is giving an opportunity for the badly beaten altcoins to recoup losses and bounce...
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 […]
