News

Many market oracles are likely to miss their Bitcoin price predictions for the end of 2018. For example, outspoken market soothsayer Thomas Lee said Bitcoin should be trading at nearly four times its current price while going quiet on his long-lasting $25,000 forecast for the end of the year. Many other alleged experts in the […]

Computer gaming company Razer is turning towards cryptocurrency mining to augment revenue and appeal to youth, rewarding users with tokens to spend in a Razer-focused marketplace in turn of trading computing resources to mine digital assets. Mining Crypto via Idle Computing Power As reported by Motherboard on Dec.13, Razer’s new move comes after the computing […]

New data shows that the blockchain and cryptocurrency industries are male-dominated, severely underrepresenting women in the workforce. A LongHash report published on December 11, 2018, analyzed the most recent 100 blockchain startups and found that the industry employs significantly more men than women, showing a growing gender divide in the emerging companies. But, is this […]

UAE Exchange, one of the leading global money transfer and exchange solutions, plans to implement RippleNet into its service by Q1 of 2019. The move would make UAE Exchange the largest payment solutions provider in the Middle East to use Ripple’s technology. Ripple has secured another banking partner, this time in the UAE. UAE Exchange […]

The downturn of the crypto market has forced Beijing-based Bitcoin mining giant Bitmain to close its blockchain development center in Israel and lay off all of its employees, Israeli business news outlet Globes reported on December 10, 2018. Shutting Down All Operations in Israel While many predicted that the bear market wouldn’t last longer than […]

Binance, the world’s largest cryptocurrency exchange by trading volume, is launching its own blockchain that will support the forthcoming decentralized exchange Binance DEX and host its native Binance Coin, the company announced in a Medium post on December 5, 2018. One of the largest cryptocurrency exchanges and the largest crypto company in the world, Binance […]

Bitcoin has continued to plunge since January 2018, with no respite in sight. Bitcoin shorts reached all-time highs on BitMex and other exchanges which offer derivatives. That said, a phenomenon called a ‘short-squeeze’ could score a savvy trader a tidy profit. An oft-ignored, yet blaring feature of the cryptocurrency markets is the trading action on […]

Facebook is filling positions for four different blockchain engineering roles. The announcement comes after David Marcus—former head of Messenger, and the previous president of PayPal—was selected to become ‘Director of Engineering, Blockchain.’ Facebook is continuing its plan of “studying the positive and negative aspects” of blockchain technology. As described by David Marcus in an interview […]

China’s central and largest bank by market capitalization has officially banned all security token offerings (STO) and any related investment and businesses involved in the practice. STOs Face Government Wrath As reported by the South China Morning Post on Dec. 10, 2018, the enterprising and upcoming STO market will gain traction in the Chinese investor […]

If you bought Bitcoin and other cryptos when prices were high then there’s a silver lining around the gray state of the crypto markets now: any losses you take this year could place you in a lower tax bracket. What’s more, claiming those losses is easier than you might think. Read on to find out […]