Japan Quietly Hosted A Global Cryptocurrency Roundtable For Regulators
By Sam Mitchell
Japan's Financial Services Agency (JFSA) recently hosted a roundtable on Crypto assets oversight. The regulator's first-ever roundtable was attended by regulators and international organizations from over 15 countries which got a chance to talk about Cryptocurrency regulatory issues. JFSA said that such meetings will be important in the future due to the borderlessness of the virtual currencies. 15 Global Regulators Meet To Share Information The Japanese Financial Services Agency (JFSA)...
Why Tokenising Ethereum Gas Makes Sense
By Sam Mitchell
Ethereum cryptocurrency is one of the most exciting blockchain projects. Nevertheless, the cryptocurrency has come across a few hurdles, such as concerns over the cryptocurrency’s ability to reduce or even scale the overall transaction costs. That being so, a solution to allow users to tokenize the Ethereum gas market presents itself. Some interesting aspects of the technology are cropping up with the new concept, but it still remains to be...
The Future Of Crypto Is More Than Meets The Eye
By Sam Mitchell
Its 2019 and crypto proponents continue to throw jabs at the industry. Crypto marches on. The year started off well and major currencies like bitcoin are reporting positives. In fact, if the recovery continues in the remaining days, February will be the first positive month since July 2018. There is no guarantee of a stable year for individual cryptocurrencies. But, while prices are bound to be volatile in 2019 and...
Industries Impacted By Blockchain
By Sam Mitchell
The days when blockchain fought for recognition and struggled to be accepted as legitimate are now gone. Today, the distributed ledger technology is a driving force behind a new technological wave disrupting everything in its path. This article explores some of the industries and processes that have not been left the same by the disruptive blockchain technology. The Food Industry The lack of transparency in the global supply chain is...
Kik’s Crypto Apps Now Available On Apple And Google Stores
By Sam Mitchell
The number of mobile applications created around Kin, which is a virtual coin designed and launched by Kik, a mobile messaging app, is really growing. Quick Summary About Kin Kin was designed by Kik, which is a Canadian messaging application company. In an effort to bootstrap the project, Kik was able to raise $98 million in one of the biggest Initial Coin Offerings that occurred in 2017. Fast track to...
3 Figures Who Might Actually Be Satoshi Nakamoto
By Sam Mitchell
The true identity of the original creator of bitcoin is one of the greatest technology mysteries in modern times. The issue has been a headache for the enthusiasts who want to know who is behind the ingenious bitcoin blueprint. But the man behind the masterplan has always been elusive. October 31st 2008, someone running under the pseudonym satoshi Nakamoto published bitcoin’s whitepaper on a cryptography mailing list. And that is...
A Decentralized Financial Revolution Predicted To Happen
By Sam Mitchell
Open and decentralized cryptocurrencies like Monero and Bitcoin present loads of possibilities that other currencies don’t. Whilst the ordinary user is interested in the freedom to choose and the power cryptocurrencies offer, regulators and capitalist-minded individuals are interested in the underlying technology (Blockchain). This fact is echoed by a report by the Swiss Federal council concerning regulations of the Blockchain technology. Decentralization Already Facing Tough Opposition Even as such reports...
Why Governments Want To Regulate Crypto
By Sam Mitchell
Over the past decade, cryptocurrencies have become the most popular assets. Digital currencies have gained popularity by becoming one of the decentralized features in the modern world. The transparency and decentralized agenda has made it an enemy of most states in the world today. Regimes have challenged the anonymity associated with cryptocurrencies. Governments are, in turn, introducing stricter regulation policies towards the same. Russia is the latest to introduce a...
A Venezuelan Worker To Be Compensated In National Cryptocurrency
By Sam Mitchell
A Venezuelan worker who was injured in her work will be compensated in Petros or the equivalent, the Supreme Tribunal of Justice, the country’s highest court has ruled. The recent ruling is an indicator that the country's Supreme Court recognizes the national Cryptocurrency as a legal. The oil-rich country has launched a Petro saving program for the local population. Venezuelan Supreme Court's Petro Payment Order On Friday, local media reported...
Research Shows Teenagers Prefer Cryptos Over Gift Cards
By Sam Mitchell
A recent study by Piper Jaffray has revealed that most teenagers would prefer to be given Crypto and Fortnite V-bucks than gift cards. V-bucks are the digital assets used in Fortnite, a popular video game among teenagers. Although the "baby boomers" could help in boosting Crypto investment, only less than 2.5 percent of those in this category have interest in the Crypto according to a recent study. Cryptos Top...
BTC Trading At $5,000, The Difference With 2017
By Sam Mitchell
After a long, long wait, bitcoin is finally showing real signs of recovery. If you haven’t heard, earlier this week, the flagship currency crossed the $5,000 price range. The last time it crossed from the downward side was in 2017 before going on to reach an all-time high of $19,000 at the end of the same year. Hence, brace yourselves people, we might be heading for a similar run. We...
Giving A Speech About Blockchain – 4 Tips
By Sam Mitchell
Are you concerned about your audience’s reception in your upcoming blockchain presentation? Does it concern you that they may find your presentation boring, or too technical to apprehend? Then this piece may be of great help. Contrary to popular belief the blockchain concept is relatively simple. Many who have opened their minds to understand the concept have seen a dire need for its application. The technology is already cutting across...
Maximize Your Returns – 4 Crypto-Tax Tips
By Sam Mitchell
This piece is an insight by Jim Calvin, a tax expert at Deloitte on some of the tax tricks that professionals in financial firms use to maximize tax returns. He has been in the crypto industry since 2014. He is also a professional at Deloitte. But before we dive in right into the main issue, Jim Calvin gives background on his crypto interest. He says it emerged while he was...
Binance Labs Launching Eight Start-Ups
By Sam Mitchell
Binance labs has announced that it will be launching eight different Blockchain start-ups. The Blockchain start-ups are from the recently concluded Binance Labs San Francisco chapter which saw the incubation of the start-ups for the past few months. It was focusing on giving mentorship guidance and providing resources for the start-ups. Eight Blockchain Start-ups Selected More than five hundred projects submitted their applications for a chance to get into the...
Libra Launch: What Has Been Confirmed
By Sam Mitchell
Facebook finally unveiled its new cryptocurrency-Libra. We already have bits of information about the new currency, but we still need to understand what Libra is, its purpose, and what it means for the average consumer. Will it be the first truly global currency? According to Facebook, the new cryptocurrency will be more accessible with instant fee transfers and lower fees charged. But not as soon as you think. The social...
Why Satoshi Doesn’t Want To Be Found
By Sam Mitchell
We just have to come to terms with the fact that Satoshi Nakamoto may never be found. Satoshi has beaten incredible odds in hiding and staying anonymous, a fete that is yet to be replicated for a public figure in the 21st century. Many may have come out and claimed to be the real Satoshi Nakamoto. Their greed for attention betray them. They have quickly been brushed off. We look...
National Institute of Occupational Safety and Health (NIOSH) Appoints ProximaX for Its Blockchain Services
By Umberto Papa
ProximaX appointed by the National Institute of Occupational Safety and Health (NIOSH) of Malaysia to blockchain NIOSH’s certification process. NIOSH was established as a company limited by guarantee on 24th June 1992 by the Ministry of Human Resources, Malaysia. NIOSH’s function is to provide training, consultation services, disseminate information, and conduct research in the field of occupational safety and health. NIOSH’s vision is to be a leading centre of excellence...
Best Upcoming ICO 2019
By Sam Mitchell
2017 was one of the best years for the Crypto sector with billions of dollars invested in ICOs. However, last year was a hard time as cases of scams kept potential investors away from this market. US SEC also dealt a major on the sector with strict requirements that got many project leaders and investors off-guard. It's still early to say how the market will behave this year. Various ICOs...
Bitfury, A Crypto Mining Startup Raises $80M
By Sam Mitchell
This week, Bitfury Group Ltd. said that it managed to raise $80 million from MACSF insurance group, Galaxy Digital, Macquarie Capital, and others. The Crypto mining startup said it will use the fund in the development of its blockchain platform and customizable chips. Many regard the firm as the second largest altcoin miner after Bitmain Technologies Inc. Galaxy Digital And Other Companies Assist Bitfury Raise $80M Bitfury Group Ltd. has...
Samsung SDS Partners With ABN AMRO And Port Of Rotterdam On Blockchain Pilot
By Sam Mitchell
A press release from Samsung made on the 22nd of October has announced that the tech giant’s IT subsidiary will be partnering with one of the major Dutch Banks, the ABN AMRO, in testing a Blockchain pilot that has been developed for use in the shipping industry. The Merging Of Two Different Blockchain Networks According to the press release made by Samsung SDS, which is the IT and tech arm...
Latest Crypto News
April 17, 2024
This Crypto’s Stunning Rally: 12% Boost Post-Champions League Victory—Is the Trend Reversing?
Paris Saint-Germain’s Token Skyrockets Following Triumph Over Barcelona. In a remarkable intertwining of cryptocurrency with sports, the $PSG token—Paris Saint-Germain’s own crypto—witnessed a dramatic 12% rise in value following their […]
March 17, 2023
NFTs in the Adult Industry
What are the NFTs? Before diving into the topic of NFTs (Non-Fungible Tokens) in the adult niche, it’s essential to understand what NFTs are and how they work. NFTs are […]
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 […]