When it comes to bitcoin and cryptocurrencies, Mark Carney, governor of the Bank of England and chairman of the Financial Stability Board (FSB), is known for being a harsh critic. Though Carney has praised the technology behind cryptocurrency in the past, he has often referred to digital money as a “
In December 2017, High Fidelity announced the launch of Avatar Island, a Virtual Reality (VR) space where High Fidelity users can purchase items for their avatars, all contributed by digital artists from around the world, and pay with High Fidelity’s own blockchain-based cryptocurrency, the High Fidelity
Following Facebook’s lead, Google has announced it will ban all cryptocurrency advertising on its platforms by June 2018. This restriction applies to all Google-owned platforms including YouTube and any websites where Google sells digital ad space. On Sunday, March 18, 2018, Sky News reported Twitter
Bitcoin is eyeing a move towards $9,000, courtesy of a bullish breakout on the 4-hour chart and a bullish hammer reversal on the daily chart.
Olympian Apolo Ohno may have just launched a cryptocurrency exchange, but he isn't pulling punches when talking about his industry vision.
Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been heralded as a solution to Bitcoin’s scalability issues, and the developments were greeted by the community with tremendous optimism.A
Decentralized exchanges promise a world in which cryptocurrency can be traded without a centralized middlemen. Nevertheless, the majority of cryptocurrency currently trades on centralized exchanges that have amassed large network effects, offer large amounts of liquidity and have an easy-to-follow user
Bitcoin's corrective rally may gather traction, however, the overall outlook remains bearish as long as prices stay below $11,700.
The bankruptcy trustee for the defunct Mt. Gox exchange has denied that the sale of $400 million in BTC and BCH caused the recent drop in prices.
He's scribbling a series of 12 words on the blue paper handed to him by one of the two women at the other side of the desk. Marco is his name. Graying hair, blue jeans, and still wearing the fat, black winter coat that protected him against the cold Alpine air outside, he just drove 80 kilometers
Bitcoin development took a major step forward this week when Lightning Labs announced the first beta release of the much anticipated “Lightning” protocol for Bitcoin, while also raising $2.5 million to fund continued development.Meanwhile, cryptocurrency and ICO regulation stories have continued to dominate
The new TREZOR model T, a hardware cryptocurrency wallet developed by SatoshiLabs, is the second generation of SatoshiLabs’ popular TREZOR hardware wallet family. The Model T was announced in November 2017, on the ninth anniversary of Satoshi Nakamoto’s Bitcoin white paper and made available for pre-order
Lesser-known cryptocurrencies like Binance Coin and VeChain managed to score gains this week, despite the broader market sell-off.
Blockchain technology’s immense potential, while well-documented, continues to get lost in the hype surrounding the increasing value of cryptocurrencies and the oft-astronomical raises of initial coin offerings (ICOs). Though it has ushered in one the most disruptive technologies in decades, the distributed
In 2015, Bitcoin developers Jake Yocom-Piatt and David Collins were getting frustrated with Bitcoin. The way they saw it, although Bitcoin started off as a decentralized system, over time, miners and a select group of developers had gained too much control over the protocol. In an attempt to create a
Like a car accelerating onto a highway on-ramp, the trajectory of blockchain technology continues to move at a rapid pace. Amid talk of crypto price volatility and initial coin offerings, a number of promising distributed applications continue to take shape, disrupting the landscape.One novel initiative
Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first ever Lightning implementation to be marked as beta, meaning that the development team deems it to be feature complete
Mobile wallet startup Abra has today announced it is expanding the number of cryptocurrencies it supports to 20 from just two currently.
South Korean prosecutors reportedly raided the offices of three cryptocurrency exchanges on suspicion of siphoning off funds from customers' accounts.
Bitcoin looks set to revisit November lows after dropping below $8,000, but a minor corrective rally looks to be in the offing beforehand.
On March 14, 2018, the House Financial Committee held a hearing entitled “Examining the Cryptocurrencies and ICO Markets.” This was the first hearing in which members of the U.S. Congress, specifically a subcommittee on capital markets, securities and ICO markets, addressed cryptocurrencies and ICOs.