News

MakerDAO, a decentralized autonomous organization that provides crypto collateralized loans, voted to raise interest rates from 1.5 percent to 3.5 percent. The vote is a continuation of two February rate increases in an attempt to curb its Ethereum-backed stablecoin, Dai, from trading below its $1.00 peg. As Dai continues to trade below its $1.00 peg, […]

Monero successfully completed a scheduled protocol upgrade (hard fork) on Mar. 9th. The upgrade includes tweaks to the PoW algorithm for better ASIC-resistance, changes to mitigate big bang attacks, and increased transaction homogeneity to further improve privacy. Monero, one of the leading privacy coins, has successfully completed a scheduled protocol upgrade today. Although the update […]

Colorado is becoming a “hub” for startups looking to use blockchain technology to power their business models. The recently signed-into-law Digital Token Act will exempt utility tokens from certain state securities regulations and make it easier for startups to raise growth capital, crowdfund via cryptocurrency, and sell utility tokens in a clearer and more compliant […]

Former vice president of payments at Starbucks, Maria Smith, promised that Starbucks would play a “pivotal role in developing practical, trusted and regulated applications for consumers” to pay for coffee with Bitcoin. However, tax regulations in the United States are still blocking the way to fulfilling that promise. Accepting Bitcoin Means a Mountain of Paperwork […]

The Supreme Court of Canada granted QuadrigaCX a 45-day extension to recover cryptocurrency assets that went missing after its founder’s death, keeping the exchange safe from creditor lawsuits while the investigation continues into the loss of $190 million in crypto. QuadrigaCX Receives Extension Following the death of its founder and CEO back in Dec. 2018, […]

BitTorrent, one of the most widely used peer-to-peer sharing platforms in the world, has launched three new programs that aim to incentivize the use of BTT coin, the company announced on Mar. 6th. TRON, the company that acquired BitTorrent, plans on leveraging the platform’s “1 billion computer installed base” to encourage adoption of the coin. […]

One Coinbase executive recently said that its partners were “selling client data to outside sources,” stoking privacy concerns. Controversy has been brewing since the exchange’s acquisition of blockchain analytics company Neutrino on Feb. 19th. Purportedly, the founder of Neutrino is also the founder of spyware development firm Hacking Team, a company which was criticized for […]

According to the Worldwide Semiannual Blockchain Spending Guide from IDC, global blockchain spending is projected to reach almost $3 billion in 2019. If the forecasts are accurate, this would be an increase of over 88 percent from the $1.5 billion spent in 2018, showing investment into the technology is increasing at a rapid pace. IDC […]

Enjin announced the launch of the testnet version of their blockchain software development kit (SDK) for Unity. According to the company’s press release published on Mar. 3rd, the partnership with Unity Technologies will enable Enjin to demo the testnet at Game Developers Conference (GDC), the world’s largest gaming industry event on Mar. 18th. Enjin’s SDK to […]

TronBet, a “tokenized gambling” platform, posted an impressive $41 million in betting volume in the last week of February and is on track to record $36 million in profit this year. The app is one of the major contributors to TRON surpassing Ethereum in dApp usage by transaction volume. Vance Spencer, a cryptocurrency project developer, […]