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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 […]

Despite having watched Binance trade volumes shrink a cool 90 percent since January, CEO Changpeng Zhao says his market-leading exchange is firing on all cylinders. Speaking to Ran Neuner on CNBC’s Crypto Trader Nov. 8, the Binance chief whip assured that the world’s largest crypto exchange by trading volume was still “a very healthy business” […]

One of the original participants of IOTA’s decentralized data marketplace, engineering and electronics monolith Bosch, has just upped the tempo with the 12th-largest cryptocurrency by market capitalization, explaining how its newfangled Internet of Things (IoT) device will play a vital role in the economy of the so-called “ambitious cryptocurrency.” According to a post Monday by […]

Wei Zhou, the chief financial officer of Binance, believes two main factors will drive the mainstream adoption of crypto in the long-term. Solid cryptocurrency exchange infrastructure that increases the ease of purchasing cryptocurrency and an increase in the number of high-quality projects in the ecosystem will fuel the growth of the cryptocurrency sector, Zhou said […]

Last month an independent crypto researcher who goes by the name, Hasu, posted an article exploring some of the most prevalent concerns users have with crypto exchange behemoth BitMEX, one of which is that the exchange trades against its customers to make a profit. BitMEX CEO Arthur Hayes publicly came out against the allegations on Monday […]