News

At the Mobile World Congress in Barcelona, the CEO of Japanese electronic Rakuten, Hiroshi Mikitani, announced that his company is planning a new cryptocurrency based on their existing customer rewards points. When Rakuten purchased Bitnet in 2016, they clearly had eyes on developing blockchain tech and apps. Rakuten Coin is the fruition of their work […]

Uber co-founder, Garrett Camp, has announced that he is planning to introduce a new cryptocurrency called ECO into the global trading market later this year. ECO is being designed to serve as a digital currency that will be usable all across the world for daily transaction purposes. This news comes straight after it was reported […]

The cryptocurrency community is currently awash with accusations of fraud directed at supply chain blockchain platform Waltonchain, who stands accused of orchestrating a fake Valentine’s day giveaway as evidenced in a Tweet posted from their account earlier this week. Waltonchain announced a Valentine’s day giveaway on the 8th of February, promising an automatic contest-entry to […]

Square CEO Jack Dorsey has increased his support for Bitcoin and cryptocurrencies and said that Square isn’t limited to buying and selling bitcoins but will look to improve on its support as a number of users continues to increase. Square CEO Jack Dorsey believes there’s more to Bitcoin buying and selling through the Square Cash […]

Blockchain technology and celebrities have always had a unique relationship. Some, like 50 Cent, let fans buy their music using bitcoin as far back as 2014, only to forget about it later. In 50’s case, the fortune had grown from about $462,000 to $8 million by January 2018. Others like Katy Perry have endorsed crypto […]

On Tuesday the 20th of February,  Redlock, a cloud and monitoring defense firm published that Tesla was the latest victim of cryptojacking. The report did not mention what cryptocurrency was being mined or how long the hackers were using the malware. What is Cryptojacking? According to Hackerbits: “Cryptojacking is defined as the secret use of your […]

The state of Georgia is the latest US state to explore allowing cryptocurrencies to be used for tax payments. Georgia Republican state senators Joshua McKoon and Michael Williams have proposed new legislation on February 21st that discusses the use of digital assets such as Bitcoin, Ethereum, and Litecoin for facilitating payments pertaining to taxes and license fees […]

With Arizona recently having passed a bill that allows citizens to pay their taxes via various cryptocurrencies, California has been the latest addition to the list of states that are now actively looking to incorporate blockchain technology into their daily mode of operation. In a highly anticipated move, California lawmakers have introduced a new Assembly […]

If you’re like most people, the true origin of your seafood remains mostly unknown. What’s more, it can be even more difficult to know whether the fish you’re eating is sustainably and ethically sourced. Are you unwittingly contributing to forced labor and unsustainable fishing practices? Is blockchain the answer? The lack of transparency in food […]

On the 3rd of December 2017, controversial Venezuelan President Nicolás Maduro announced a surprising new initiative aimed at addressing Venezuela’s economic turmoil — the development of a state-backed cryptocurrency called the “Petro.” The announcement sparked international debate on the political, legal, and economic implications of the move. With the Petro crowdsale now live, many investors […]