News

The new golden boys of decentralized finance, stablecoins have exploded into an industry-wide effort to dissolve cryptocurrency’s seemingly unshakable volatility. As a torrent of solutions gain a foothold in the market, however, one startup seems to spy an elephant in the room, and they think they have the answer. For Reserve’s Co-Founder Nevan Freeman, Bitcoin […]

So far this year, the SEC has rejected a Bitcoin fund proposed by the Winklevoss twins, two ETFs filed by Proshares, five ETFs from Direxion, and another from GraniteShares. Still, pundits are optimistic that a Bitcoin ETF approved by the SEC will hit the market in 2019. After reviewing every single Bitcoin ETF proposal in […]

Privacy coin company Monero announced via its blog on Sept. 26th that it will be launching a new website to help combat illicit mining of its cryptocurrency. Introducing the Monero Malware Response Workgroup Website: https://t.co/y8gD9eQDuR — Monero || #xmr (@monero) September 27, 2018 The effort is part of an aggressive recent campaign by Monero to […]

Ethereum co-founder Joseph Lubin has announced a partnership with a company founded by some of Ethereum’s biggest competitors, according to Forbes. Lubin is set to invest $6.5 million into Bermuda-based stealth startup DrumG. ConsenSys will take a minority stake in the company, and Lubin will become the only one outside the company to sit on […]

On Sept. 26th, North Dakota Securities Commissioner Karen Tyler issued cease and desist orders for three companies in her state that may have been offering fraudulent ICOs. The North Dakota Securities Department’s official release states that these orders were issued as part of an ongoing operation called Operation Cryptosweep, a multi-jurisdiction operation involving over 40 securities […]

China’s oldest technology publication, the Beijing SciTech Report (BSTR), will accept Bitcoin payments for its 2019 subscriptions, reported Asia Times on Oct. 1, 2018. Also called “Technology Life” in the country, BSTR has a readership of millions and publishes both original and permission content on technology, big data, and life sciences. The Beijing-based publication has also […]

Prominent Bitcoin and cryptocurrency analyst Willy Woo recently shared a logarithmic price chart of Bitcoin created by a technical analyst known as Awe and Wonder that suggests the dominant cryptocurrency is on track towards gradual recovery. The chart, which dates back to 2010, evaluates the logarithmic regression of Bitcoin, covering three 80 percent corrections the […]

Privacy cryptocurrency Zcash received a hash rate boost on Sept. 30 with a 13 percent rise ahead of its much-awaited Sapling protocol upgrade. A network’s hash rate has historically indicated rising miner interest in a particular coin. More mining groups join a coin’s network ahead of a significant upgrade, fork, or other technology development, resulting […]

Cryptocurrency exchanges in South Korea faced the dreaded government hammer last week, as the authorities decided to exclude the burgeoning business type from the country’s “Venture Company” certification, reported Business Korea on Oct.1. The certification provides small and medium businesses with tax breaks, relaxed government policies, and privileged support for raising funds and acquiring lines […]

At the United Nations General Assembly, Joseph Muscat, Prime Minister of Malta, announced that crypto is the inevitable future of money. Serving as Prime Minister of Malta since 2013, Muscat has recently been an influential figure in the blockchain space. At the UN General Assembly, Prime Minister Muscat said: “I passionately believe technology revolutionizes and […]