News

Socio-politics find their way into every substantial development, and cryptocurrencies have not been spared. Political scholars have weighed in about digital assets being predominantly rightist in nature, while others argue that the technology is wholly apolitical. Bitcoin and Libertarianism Since its inception, the broader cryptocurrency community has drawn parallels between Bitcoin and libertarianism, and there […]

With large sums of money and public attention turned toward blockchain technology and cryptocurrencies, the question of the ultimate “killer app,” or an app that immensely drives adoption and creates real-world value, remains. The Chinese Gamble That Paid-Off “CryptoKitties,” an Ethereum-based collectible game, believes the answer to the ultimate “killer app” lies in the Far […]

The international remittance industry is big. In 2016, migrants living in different parts of the world sent more than $570 billion to their home countries. However, a number of FinTech companies in this realm have survived stiff competition, including TransferWise, InstaReM and OFX. The field, though, remains dominated by the top three (Western Union, MoneyGram […]

The ICO fervor of 2017 led to an influx of both positive development and fraudulent activity. In an effort to remove scammers from the sector, ECoinmerce, ICO Alert and other industry leaders have formed the Crypto Community Watch program. 100 BTC Reward Pool for Anonymous Whistleblowers The Crypto Community Watch program aims to deter deceptive […]

Chinese police have arrested three men in connection with a massive $87 million theft worth of Bitcoin after suspicions of the trio’s hacking into local computer networks came to light, according to local news outlet SCMP. Busted! The crime occurred in China’s northwestern province, away from prominent commercial centers like Shanghai and Beijing. Despite the […]

Crypto funds have been launching at a record pace, with more than 90 new crypto funds having launched this year alone. At this rate, there will be 165 new crypto funds launched this year, more than the record 156 launched in 2017. The total number of crypto funds is now approaching 500. The surge in […]

In advance of his plans to present an ICO-related bill to Congress this year, Republican representative Warren Davidson invited a select group of crypto heavyweights to Capitol Hill to discuss future legislation. Davidson, who represents Ohio’s 8th congressional district, gave the nod to 32 delegates of U.S. venture capital firms, cryptocurrency exchanges and non-profits—including Union […]

German-Finnish Internet entrepreneur Kim Dotcom recently reaffirmed his negative stance on the US dollar and stated that crypto will eventually compete with reserve currencies. Dotcom commented: “Many economists agree. The US economy and US dollar will collapse under the enormous US debt burden. The pyramid game is coming to an end. Crypto and precious metals […]

The tiny country Liechtenstein appears to be quickly cultivating status as one of blockchain’s hottest frontiers, with Union Bank AG announcing it will become the world’s first fully regulated bank to launch its own security token and fiat-backed stable coin. According to a press release filed August 17th, 2018, Union Bank will issue the tokens under […]

Blockchain-based point-of-sales systems provider Pundi X announced it would deploy over 1,000 payment systems in Colombia, a move that aims to interest in and adoption of cryptocurrency payments. Pundi X Going Strong As noted on an August 18th Medium post, Pundi X is partnering with local firm Manticora Capital to distribute its systems in the crypto-friendly […]