Robinhood Receives License To Operate Within New York City
By Sam Mitchell
Robinhood and LibertyX have been officially gained the approval to deal in Virtual currencies within New York City from the NYDFS. Robinhood Crypto Launches in New York City Robinhood, which is a trading platform for stocks, will be expanding its affiliation with digital currencies for the citizens of New York. This feature is however not new to Robinhood users in other parts of the United States, the only difference is...
Ripple Fundamentals
By Sam Mitchell
What many people don’t know is that ripple is not just a currency but a platform as well. Ripple’s protocol is open sourced and is designed for faster and cheaper transactions. Ripple might one day rule international transactions, who knows? Because currency exchanges might soon disappear like Blockbuster stores. The platform also has its own currency (XRP) and it allows anybody to use the platform to create their own via...
Major BTC Mining Facility Now Operating In Canada
By Sam Mitchell
Whereas there are certain cryptocurrency users who are still worried about the bear market, DMG Blockchain Solutions, a major Bitcoin mining facility in Canada has officially started its operations as earlier announced. Signs Of No Bear Market Barely three months after the announcement was made, DMG Blockchain Solutions, a BTC mining facility that was announced in July has now gone live in Canada’s British Columbia. Even though the full capacity...
A Korean Exchange Wins A Court Case Against A Local Bank
By Sam Mitchell
In January this year, the South Korean government gave a directive that required Cryptocurrency exchanges in the country to introduce a real-name system. Last month, Nonghyup Bank barred Coinis exchange from accessing its banking services forcing the latter to file a case at a local district court. On Monday, the court ruled in favor of the exchange and dismissed the suspension. A South Korean Court Sides With A Local Exchange A...
70% Rarely Use Crypto For Payment: Study Finds
By Sam Mitchell
Blockchain’s potential can only be realized when value is freely shared between parties for commercial and utility purposes. If this doesn’t occur or occurs only to a limited degree, blockchain can only make a little difference to the world. It is not a surprise that people are holding back crypto usage. A recent study finds that a majority of crypto owners rarely use them in making transactions, and there are...
Why Security Tokens Will Become Popular In 2019
By Sam Mitchell
Experts have predicted that in the next 10 years, security tokens could become a multi-trillion dollar market. Security tokens are showing prominence and have already generated interest from crypto enthusiasts. Security tokens are now being perceived as worthy alternatives to ICOS and investors are exploring the substitute. And the crackdown of ICOs in 2018 by regulatory bodies is helping. Even major companies like Coinbase and Nasdaq have started organizing forays...
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...
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...
Blockchain In The Energy Sector
By Sam Mitchell
Just like in the finance and health industry, blockchain has also found its way in the energy sector. Blockchain applications in the energy sector range from financing and transparency in the supply chain to grid transactions. Industry prospects and startups are already implementing blockchain. Continuing advancements will no doubt replace the outdated traditional systems entirely. Blockchain technology in the energy sector has enabled the creation of auditable, automated and transparent...
Corporations Boosting Blockchain Adoption
By Sam Mitchell
When Satoshi designed bitcoin, his vision was getting rid of the authority, roles, and purposes of central institutions especially when it came to finances. The objective is getting twisted as time goes on, bitcoin may end up getting affected by centralized corporate actions it avoided in the first place. Whether it’s for the better, we can only wait and see. But, as long as the gospel of Blockchain is preached,...
Bitcoin Mining Network Is Now Overtaken By Anonymous Miners
By Sam Mitchell
Bitcoin, which is the world’s most popular crypto is now decentralized to some extent. This can be attributed to the great influence by Bitmain as well as the return of Bitcoin BTC miner. There is a new data that has been published by Diar, one of the most established blockchain research units. The data has revealed the person who has been validating the whole network of Bitcoin. It was determined...
Tether Establishes Relationship With Bank In The Bahamas
By Sam Mitchell
Tether Limited has officially confirmed that its establishment of a financial relationship with a bank in the Bahamas. Tether Limited is the issuer of USDT (tether stable coin), the stable coin pegged on the US dollar. Due Diligence Before The Opening Of The Account The Crypto firm which has become infamous for not carrying out their operations in a transparent manner came out publicly on Thursday to announce its banking...
Will Brexit Affect Bitcoin?
By Sam Mitchell
The UK voted itself out of the EU in June 2016. The results were a shocker for crypto investors. They were no longer certain of their future in the next two years. The news caused the pound to drop to 1.36 up from 1.42. Crypto prices and bitcoin in particular, rose at the same time as the Brexit result. From an average of $500-$600, bitcoin rose to $750. It’s undeniable...
Bithumb Is The New Largest Spot Exchange
By Sam Mitchell
For a long time, Binance had been ruling as the largest spot exchange in terms of daily. However, Bithumb has taken over as the largest spot exchange for the month of November 2018. This is according to a monthly exchange review that was published on Cryptocompare. Cryptocompare is a market data aggregator that provides various insights about the latest developments in the international crypto market. It uses transaction data that...
Polychain & Binance Funding A Malta-Based Crypto-Friendly Bank
By Sam Mitchell
Cryptocurrency giants, Polychain and Binance are now funding a crypto-friendly bank that is based in Malta. The bank is known as Founders Bank and is supposed to kick operations in 2020. Brain Behind This Initiative Paula Pandolfino may appear to some people as a walking contradiction. This is due to the fact that she is both a banker and a Bitcoin enthusiast. The Malta-native was personally involved in BTC investment...
Cryptocurrency Taking Centerstage In Africa’s Political Campaigns
By Sam Mitchell
A Nigerian opposition leader has promised to implement crypto policy if elected president. These were sentiments by Mr. Atiku Abubakar, the main Nigeria’s opposition leader who has also served as the country’s vice president. He has stated clearly that Nigeria will adopt cryptocurrency and blockchain technology if he is voted to power. The Only Crypto-Friendly Candidate On The Ballot Nigeria’s general elections are slotted for February 2019 and there are...
We Are At The Beginning Of The Beginning Of Cryptocurrency- Binance CEO
By Sam Mitchell
According to Changpeng Zhao, Bitcoin revolution is still in its early stages. The billionaire was responding to a tweet his follower when he remarked that the revolution is at ‘the beginning of the beginning’. The message was received well by a huge number of followers who are concerned that they might have missed the cryptocurrency boat. Zhao revealed that he recalled regretting that he hadn’t joined the crypto bandwagon in...
Blockchain In Freelance
By Sam Mitchell
The disrupting nature of Blockchain technology is mostly associated with finance and retail, where money is dealt with directly. And where this is not the case, the potential for blockchain is often underestimated. The freelance industry for instance is one of the areas where blockchain is finding good use. The freelance market itself is making huge leaps in terms of growth. A report by the tech republic estimates that around...
Ripple XRP: A Budding New Business
By Sam Mitchell
Like other cryptocurrencies, Ripple XRP is back on course. However, the price retardation that has been experienced in the last 48 hours has not spared Ripple XRP either. This kind of shakeup has certainly affected unconfident crypto enthusiasts. Perseverance Is Key The Ripple XRP community is an ecosystem of crypto enthusiasts anticipating to see Ripple XRP grow into prominence with the emerging adoption options. An outstanding quality with entrepreneurship is...
Leading Payment Institutions To Back Facebook’s Crypto
By Sam Mitchell
Mark Zuckerberg-led social media giant Facebook gets big firms on board its cryptocurrency project. According to Wall Street Journal, PayPal, MasterCard and Visa are set to invest $10 million each in an association that will govern the Bitcoin rival. Leading Payment Institutions Joins The Project After months of speculations, it appears a Facebook cryptocurrency is forthcoming. Numerous reports last week said that the crypto’s planned launch is set for June...
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 […]
