News

Leaked financial data has allegedly revealed that cryptocurrency mining juggernaut Bitmain captured a monolithic $1.2 billion USD in profit for the first quarter of 2018, as well as hinting toward details of the upcoming Bitmain IPO. Announced by Fortune’s Term Sheet, the data — purportedly obtained via an email delivered to the media outlet by […]

A 17-ton, cross-border container of almonds was successfully transported from Australia to Germany utilizing the Ethereum blockchain, in a collaborative move between Commonwealth Bank of Australia (CBA) and five logistics organizations. Augmenting Shipping Systems The development represented one of the first instances of a state-backed shipment facilitating using blockchain technology. Apart from the growing technology, […]

The CEO of Vietnam-based mining platform Sky Mining has allegedly disappeared with over $35 million in company and investor funds, claiming that medical issues have required him to temporarily leave the country. Vietnamese news media first reported the abrupt disappearance of Sky Mining CEO Le Minh Tam on July 29, 2018. Tam, who was out […]

The Dubai International Financial Center announced the launch of a new initiative in partnership with the Smart Dubai project to establish the world’s first “Court of the Blockchain.” Announced July 30, 2018, the new alliance between the DIFC and Smart Dubai intends to explore the applications of blockchain technology in verifying cross-border court judgments. This […]

Ethereum co-founder Vitalik Buterin has taken to social media to decry the heavy emphasis placed on cryptocurrency exchange-traded funds in lieu of real-world crypto adoption, stating that while complex crypto financial products are beneficial for short-term gains, the ability to easily and quickly purchase cryptocurrencies is more important. Buterin, who previously spoke out against speculative […]

On July 29th, 2018, the City of Hope, a cancer and diabetes research and treatment center, hosted its first annual “If Only” Texas Hold’em Charity Poker Tournament in Los Angeles. To boost awareness, the tournament featured members from one of America’s most popular celebrity families with Kris Jenner, Kim Kardashian West, Khloé Kardashian and Kendall Jenner all in attendance. The […]

Cryptocurrency exchange giant Binance announced a partnership with decentralized global lending platform Libra Credit that will allow BNB holders to access fiat and cryptocurrency loans to borrowers that pledge Binance BNB tokens as collateral. Announced on July 27, 2018, the new partnership is intended to address to growing liquidity issue present within the cryptocurrency ecosystem, […]

Pantera Capital, one of the first investment firms to focus solely on the cryptocurrency and blockchain sector, has announced a substantial lifetime return of over 10,000% in a recent announcement celebrating the fund’s 5-year anniversary. Announced via Medium on July 27, Pantera Capital’s five-year anniversary celebration offers a retrospective view on the history of the […]

Investment giant VanEck responded publicly to the SEC’s concerns over their pending Bitcoin ETF application — fanning the flames of what may be the commission’s most heated proposal to date. In a letter of response to the SEC’s Staff Letter, New York-based VanEck rejects five of the regulation body’s chief concerns with their proposed futures-based […]

Cryptocurrency enthusiasts worldwide don’t shy from sharing their support for the burgeoning asset class, voicing the inevitable disruption of traditional finance market as the use of cryptocurrencies increase. However, an independent research finding in the U.K. suggests the contrary, concluding only 38% of adults in the United Kingdom “understand cryptocurrencies.” Inflated Community Sentiment As reported […]