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The cryptocurrency market is diving deeper into the red. At press time, the total market cap of cryptocurrencies stands at $325 billion, down 6% over the past 4 hours.

The Chief Digital Officer of Volkswagen has announced a collaborative effort between the IoT-focused IOTA blockchain project and vehicle manufacturer, promising the cryptocurrency community a proof of concept that demonstrates the future of distributed ledger technology in the automotive industry. Johann Jungwirth announced the upcoming demonstrated via Twitter, stating that Volkswagen will work with the […]

Academia-driven blockchain project Cardano announced earlier this week a major redesign of its brand and roadmap, incorporating a new aesthetic drawn from organic structures inspired by the creative efforts of the Cardano community. The Cardano brand redesign was catalyzed in January when IOHK founder and former Ethereum CEO Charles Hoskinson shared a video with the […]

The world is rapidly turning to renewable energy and it’s going to see communities empowered. In the UK, renewables produce more than 20 percent of the UK’s electricity, and EU targets mean that this is likely to increase to 30 percent by 2020. Peter Davies is the Founder & CEO of Verv, a team of machine […]

Former Goldman Sachs partner, Mike Novogratz distinctively poised himself as an early cryptocurrency bull with an institutional investment background. At the Bloomberg Invest Summit in early June 2018, Novogratz told reporters that the global cryptocurrency market is headed towards a $20 trillion valuation. Blockchain Reminiscent of Dot Com Mania Skeptics of cryptocurrency have compared the […]

The EOS blockchain launch has been confirmed for launch at 1PM UTC time today, with a unanimous decision amongst voters. The mainnet is now in the process of being launched, with a live feed provided by EOS Authority counting down the seconds to activation. The EOS mainnet activation process has been lengthy, with block producer […]

US Commodity Futures Trading Commission Commissioner Rostin Behnam labeled cryptocurrencies as a “modern miracle” at a recent summit, sharing a bullish stance on virtual currencies and predicting that blockchain technology will remake economic, social and political structures. Behnam discussed cryptocurrencies at the June 4 BFI Summit “Fostering Open, Transparent, Competitive, And Financially Sound Markets,” emphasizing […]

There is a noticeable shift in the financial industry’s approach to cryptocurrencies. Industry leaders once seemed to view digital currencies with skepticism, keeping the currencies at arm’s length despite the rise in value and popularity.  One of the industry’s leading voices, Jamie Dimon, once famously described Bitcoin as a “fraud,” and other institutions acted like it was. Since […]

In the week leading up to the launch of the EOS mainnet, an ethical hacker has confirmed eight vulnerabilities in the blockchain’s code. As a participant of the EOSIO Bug Bounty Program run by Block One — the parent company of EOS — Guido Vranken will be compensated a minimum of $10,000 per confirmed discovery. […]

One of the earliest manufacturers to bring Bitcoin mining chips to market, Bitmain is now in competition with some of the largest chipmakers in the world. According to a report by Bloomberg, CEO of Bitmain, Jihan Wu just announced that the industry giant is “open” to an IPO overseas. Bitmain’s Market Dominance As one of the […]