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Widely recognized security expert and cryptocurrency researcher Andreas Antonopoulos recently said in a Q&A session that he is against Bitcoin exchange-traded funds (ETFs) and their potential impact on the crypto market. With ETFs, large-scale institutional investors and retail traders in the regulated traditional finance sector can purchase and sell assets that represent the value of […]

The 80 percent correction in the global cryptocurrency exchange market has created a unique setting in the initial coin offering (ICO) market. The development teams of most tokens are now holding more Ethereum in their reserves than their market valuation. Started With Gnosis Last week, Ethereum-based decentralized prediction market platform Gnosis founder Martin Köppelmann disclosed […]

On Aug. 24, Ethereum core developers held a publicly streamed meeting on YouTube, briefly discussing updates for the world’s second-largest cryptocurrency network and focusing on several specific agendas. Updates Discussed Presiding over the meeting was Hudson Jameson of the Ethereum Foundation, who discussed the process of no-proof blockchain protocols and its implementation on Ethereum clients […]

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast. Reporting $1.3 trillion processed in 2018 alone, the dollar value of all Bitcoin transactions has effectively outstripped online payment […]

Maintaining its positive, yet careful, stance on cryptocurrencies, the Russian Ministry of Internal Affairs is considering making all unauthorized cryptocurrencies a criminally-liable offense, according to local outlet Izvestia. Russia Seeks Crypto-Criminals The Russian publication collected several documents about the local legislation on cryptocurrencies. Of these, the primary amendment calls for legalizing open-source cryptocurrencies, such as Bitcoin […]

Bank of America, the second-largest U.S. bank by total assets, has filed a patent with the U.S. Patent and Trademark Office, which was published Aug. 23. The development is comparable to patents awarded to, or applied by, several multinational corporations, such as IBM, Wells Fargo and Intuit. BoA’s Push into Crypto Filed last April, the […]

As a growing number of cryptocurrency and blockchain innovations filter into the U.S., the Litecoin Foundation has announced its first annual summit, taking place Sept. 14-15 at the South San Francisco Conference Center. Litecoin Heads to San Francisco The concept of cryptocurrency is a growing field of interest, which Litecoin (LTC) aims to take advantage […]

In the early ’90s, an intangible place called the internet offered a host of entertainment opportunities for then-unidentified segmented audiences. A matrix of ones and zeroes dripping through wires suggested an unknown possibility. However, one industry had a more controversial advantage over email and faxed documents: pornography. A Match Made in Crypto Heaven? Like it […]

With emerging regulations and rising client demand, major financial firms continue to explore digital asset investments. In July, Big Four accounting firm Ernst & Young acquired cryptocurrency investment software from startup Elevated Consciousness Inc. EY Enters Cryptocurrency Sector Major accounting and advisory firm Ernst & Young (EY) has acquired cryptocurrency investment management software from Silicon […]

While 2017 was a year of exorbitant gains and lavish dreams, 2018 has crashed the reality of cryptocurrency enthusiasts back to Earth. Many of the incredible gains seen in 2017 have been entirely wiped out, and those who bought at or near all-time-highs (ATH) are deep in the red. To help illustrate those losses, OnChainFX […]