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Efforts to improve the scalability of Bitcoin appear to be bearing fruit as the Lightning Network, a second layer off-chain scalability solution on the network designed to handle vast transaction throughputs without resulting in high prices has recorded an important milestone. According to data from 1ML, the Lightning Network now has a total of 4,039 […]

The Republic of the Marshall Islands will move forward with its plan to introduce its own cryptocurrency, despite a vote of no confidence against President Hilda Heine’s support of the venture, according to reports on Tuesday. The Marshall Islands' plan for a national cryptocurrency just survived a crucial vote https://t.co/o52FxQZ03l pic.twitter.com/0hQWVsOoe2 — The Independent (@Independent) […]

An exceptionally low success rate and a substantially high risk of scams are already making the much-hyped ICOs obsolete. And now, according to a Nov. 12, report from Beyond Blocks, there might be a better, faster, and more secure way of funding blockchain projects. The Wild West Days of Crypto Funding Are Over The initial […]

In the last 24 hours, the cryptocurrency market suffered one of its worst single-day sell-offs in all of 2018, as Bitcoin (BTC) plunged 11 percent. The substantial short-term drop in the price of Bitcoin (BTC) demonstrated the sheer intensity of the sell-off on Nov. 14, which was unexpected considering that Bitcoin (BTC) had maintained stability in […]

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) may have just pushed Iran to the wall in its plans to build a state-issued cryptocurrency, having abruptly ejected several banks from the marginalized Middle-Eastern state under mounting pressure from the US government. Coming on the heels of stern US oil and financial sanctions against Iran over […]

Internet retail behemoth Amazon was recently awarded two blockchain-related patents. The patents related to cryptographic signatures and expandable data grids, signal a race to patent more of the open-source innovations occurring in the space. Nov. 13: Amazon was awarded two blockchain-related patents, further solidifying its presence as a potential contender for blockchain services. The official award […]

International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection. Better Than Cash? While speaking at the Singapore Fintech Festival on Nov. 14, the renowned economist praised digital currencies in a […]

Bitcoin hits a historic 12 month low of $5400; The pre-eminent cryptocurrency has cratered 11 percent just within the last four hours. The enormous drop in price appears to be driven by major Bitcoin and derivatives exchange BitMEX, representing 34 percent of 24-hour market volume. The bear market continues. Following the hysteria experienced during the […]

Asia’s traditional financial market has begun to recognize the investment merits of cryptocurrencies and its potential to be accepted as a formal asset class. Earlier this month, the Hong Kong’s Securities and Futures Commission (SFC) said that it will start to explore how to regulate the trading flows of cryptocurrencies. In the United States, preliminary […]

Thailand’s main opposition Democrat Party has become the first in the world to use blockchain technology in a live electronic voting system involving more than 120,000 voters for its primary election, Zcoin announced in a press release on Nov. 13. Thailand Becomes a Leader in Blockchain Adoption Despite a turbulent political atmosphere, the kingdom of […]