News

As self-proclaimed “scam” games experience the most usage amongst all decentralized applications (dApps), the emerging technology might be finding unsteady footing in the market. The triumphant success of Fomo3D and PoWH3D describe themselves as “exit scam” and “smart-pyramid” games — managing to draw attention to the whimsical state of dApps. Created by developers Team JUST, […]

Positive market sentiment pushes the value of Bitcoin beyond $8,000 for the first time since May 24, 2018, sparking anticipation of a possible bull run as predicted by market analysts such as eToro’s Mati Greenspan. Bitcoin prices surged by $200 on July 24, 2018, breaking the $8,000 level as trading volume increases. Data from TurtleBC […]

After a multi-month bear market, Bitcoin might be seeing a trend reversal. On July 23, 2018, Bitcoin prices broke resistance at two-month highs and added $18 billion to its market cap in under a week. ‘Bitcoin on Cusp of Largest Bull Run in History’ Taking to Twitter, Mati Greenspan, Senior Market Analyst at eToro social […]

A study released in July 2018 by the Bank of Canada (BoC) concludes the dreaded “double spending” attack on public blockchains is an “unrealistic” outcome. Blockchain Technology Scrutinized The research study, titled “Incentive Compatibility on the Blockchain,” examines incentive rewards for maintaining a distributed ledger and models the behavior of a “cheating” participant who tampers […]

In-line with a strict government crackdown on all things crypto, a small province in China is forced to shut-down illegal bitcoin mining operations in the region before August 2018. Mining Crackdown As reported recently on local news Jinse, the northwestern Chinese region of Xinjiang Uyghur has identified “illegal” mining operations taking advantage of the naturally cool, […]

A prominent South East Asia-based fund management company is considering the launch of a cryptocurrency custodial service targeting regional institutional investors. The Demand for Cryptocurrency Custodians As reported by South China Morning Post on July 22, 2018, the Singapore-based Fusang Investment Office is planning to offer cryptocurrency holding services after clients expressed rising interest in […]

In a joint venture to build the world’s first decentralized stock exchange, Binance partnered with Neufund and MSX — the recently launched subsidiary of the Malta Stock Exchange. Aiming to create the first “regulated and decentralized, global stock exchange for listing and trading tokenized securities alongside crypto-assets”, the trio’s move marks Malta’s latest foray into […]

Vitalik Buterin, co-creator of Ethereum, praised Peepeth, a decentralized, blockchain-based Twitter-like social media platform. However, not all users are happy with it. The Issue Buterin, who tested Peepeth for the first time on July 21, 2018, complimented the developers for integrating a clean user interface (UI), opinionated features, charity stickers, and a unique aspect that […]

HotelsInIran.com (“Hotels in Iran”), a major Iranian hotel booking platform, began accepting payments in cryptocurrency subsequent to the imposition of additional sanctions by the U.S. on Iran and Russia in July 2018. Adoption of Bitcoin in Regions With Poor Infrastructure Leonhard Weese, co-founder, and president of the Hong Kong Bitcoin Association (HKBA), revealed earlier this […]

South Korea’s financial authority confirmed on July 19, 2018, the implementation of a policymaking department focused exclusively on blockchain technology and related domains. Rising Technology “Leads Financial Innovation” As reported on The Korea Times, the country’s Financial Services Commission decided after careful consideration of the burgeoning blockchain industry and a crucial need for regulation to […]