Omar Faridi

I enjoy writing about all topics related to Bitcoin, Blockchain, and other cryptocurrencies. The topics that interest me most are crypto regulations, quantum resistant blockchains, Ethereum and Bitcoin Core development, and scams orchestrated under the guise of ICOs. My academic background includes an undergraduate degree in Computer Science, with a minor in Mathematics from the University of Nevada, Las Vegas. I also possess a Master of Science degree in Psychology from the University of Phoenix.

While completing my coursework, I engaged in independent study programs focused on public-key cryptography and quantum computing. My professional work experience includes working as an application developer for the University of Houston, data storage specialist at Dell EMC, and as Teacher of Mathematics in the United States, China, Kuwait, and Pakistan.

Articles by Author

Difference Between Cosmos and Polkadot, Explained By Senior Developer

An experienced software developer explains the difference between Cosmos and Polkadot, both of which are platforms designed to enhance blockchain interoperability.

Crypto Market-Maker Altonomy Receives $7 Million in Funding from Polychain Capital

Altonomy, a New York-based cryptoasset trading, advisory, and asset management company, has completed a $7 million fundraising round from Polychain Capital, a leading hedge fund and venture capital firm.

Former U.S. Presidential Candidate Says He's 'All for Cryptocurrencies'

Ron Paul, a prominent author, physician, and former U.S. presidential candidate, recently revealed that he supports decentralized cryptocurrencies and their underlying blockchain technology.

Crypto Exchange Huobi Burns 14 Million Native Tokens, Citing 'Improved Market Conditions'

Huobi, a leading Singapore-based cryptocurrency exchange, recently conducted a quarterly burning event, which reduced the overall supply of the Huobi Token (HT), the trading platform’s native cryptoasset.

American Tax Collection Agency Might Monitor Crypto Transactions More Closely

The U.S. Internal Revenue Service (IRS)  might begin subpoenaing giant tech corporations such as Apple, Microsoft, and Google. The various functions of applications developed by tech firms "should be explored to determine whether or not the application can transmit, or otherwise allow, transactions in bitcoin.”

Vitalik Buterin Proposes Using Bitcoin Cash As Data Layer for Ethereum

Vitalik Buterin has suggested using Bitcoin Cash blockchain as a data layer for Ethereum (for faster processing) - as the world's largest smart contract platform is plagued by scalability problems.

U.K.'s Authorities to Launch Crackdown on Illicit Activities Involving Cryptoassets

U.K.'s Financial Conduct Authority (FCA) and other law enforcement agencies to tackle financial crimes involving cryptocurrencies. A comprehensive action plan has been drafted to combat illegal financial activity.

Sharding-based Elrond Network to Be Released on Binance Launchpad

Beniamin Mincu, the Founder of Elrond, a high-throughput, public blockchain network focused on enhancing interoperability, recently shared his views and insights regarding how developers are using various blockchain scalability techniques to improve the performance of cryptocurrency networks.

Facebook's Libra Is 'Currency for Corporations', Bitcoin Is 'for the People': CNBC

Joe Kernen, a former stockbroker and current co-anchor of CNBC’s “Squawk Box” show, has argued that fiat money is “currency for government” and Facebook’s Libra cryptocurrency is “currency for corporations.” 

Bitcoin Hashrate Reaches All-Time High, As BTC Halving Event Approaches

Bitcoin’s (BTC) hashrate recently reached an all-time high according to data from Blockchain.com, a leading London-based block explorer service.

Kraken Raises $13 Million from Over 2,000 Investors to Expand Business

San Francisco-based digital asset exchange Kraken has reportedly completed a $13.5 million investment round through an internet-based fundraising platform, called Bnk To The Future (BF).

JPM Coin: J.P. Morgan to Begin Testing Its Cryptocurrency with Clients

The management at J.P. Morgan Chase, the world’s sixth-largest bank with $30 trillion in assets under custody, is reportedly planning to begin testing its highly-anticipated cryptocurrency, called “JPM Coin.”

Upcoming Bitcoin Halving Event Could Drive BTC Price Even Higher, Analyst Explains

Vijay Boyapati, a widely-followed Bitcoin (BTC) analyst, recently published a detailed Twitter thread regarding the potential impact of bitcoin’s block reward halving event - which is now less than a year away.

Insolar Project: An Initiative of Experienced Ethereum, Hyperledger Fabric Developers

Dr. Lesley Czuma, the Head of Communications and Partnerships at Insolar, an organization focused on developing an enterprise-grade, blockchain platform for “enabling seamless interactions between companies”, has argued that modern businesses are still in need of a full-featured software product which would allow them to build DLT-enabled applications.

Here's Why the Current Bitcoin (BTC) Rally Is Different from the 2017 Bull Run

The Bitcoin (BTC) price has surged to around $10,870.30 according to CryptoCompare data. This significant price increase has come after the pseudonymous cryptocurrency’s value  dropped as low as $3,150 in December 2018. There may be several key factors contributing to a surge in cryptoasset prices.

Bitcoin Price Surge Might Partially Be Attributed to Potentially Lower U.S. Interest Rates

On June 19, 2019, the Federal Reserve, the central banking system of the U.S., confirmed that it would be maintaining the current benchmark for U.S. interest rates - which falls within the 2.25-2.5% range. According to crypto research analysts, the Fed’s recent decision regarding the U.S. monetary policy may have indirectly affected the Bitcoin (BTC) price.

Alternateth: A 'Friendly' Ethereum Fork to Be Released for Testing and Research Purposes

James Hancock, the Project Team Lead at EthSignals, an organization focused on providing “tools and sources of high-quality information” to assist in the growth of Ethereum’s (ETH) ecosystem, has revealed that he intends to conduct a “friendly fork” of the world’s largest smart contract platform.

Major Zcash Protocol Upgrade to Make It Easier to Use Private Transactions

The Electric Coin Company (ECC), the organization behind the development of Zcash (ZEC) is reportedly planning to make the privacy-oriented cryptocurrency as easy to use as making cash payments.

SignKeys Founder Joseph Toh Explains Cryptocurrency Hardware Wallet Security

Joseph Toh, the founder of SignKeys, a Singapore-based and Hong Kong-registered firm focused on supporting cryptocurrency transactions through popular messaging applications, has argued that securely storing digital assets involves having “true ownership” of your account.

Joseph Lubin: Facebook's Libra Is a 'Centralized Wolf', Raises Privacy Issues

Ethereum co-founder Joseph Lubin recently published a blog post in which he claimed that Facebook’s cryptocurrency is “a centralized wolf [disguised] in centralized sheep’s clothing.”

Bitcoin Trading Volumes Remain Low on Iranian Exchanges, Despite Political Tensions

Tensions between Iran and the U.S. escalated recently due to the shooting of a drone (by Iran’s Airforce) which Iranian authorities claim had entered their airspace - while the American government claims the aircraft never entered the restricted area. However, Bitcoin trading volumes have been surprisingly low despite these tensions.

Telegram's Proof of Stake-based TON Network to Compete with Cosmos, Polkadot

The developers of Telegram’s Open Network (TON) had recently released additional information regarding what will be featured in the lite client version of the highly anticipated software platform.

Grayscale's Ethereum Trust Product Is Now Trading on OTC Markets

Digital Currency Group (DCG) subsidiary Grayscale Investments has introduced and Ether (ETH)-based security product, called Grayscale Ethereum Trust (ETHE).

Billionaire Novogratz's Galaxy Digital to Offer Crypto Options Contracts Trading

Billionaire investor Michael Novogratz’s full-service crypto merchant bank, Galaxy Digital will reportedly be expanding its set of services to include digital asset options contract trading.

Libra Protocol Technical Paper Analyzed By Prominent Bitcoin Developer

Chief Technical Officer at CasaHODL, Jameson Lopp, analyzes Facebook's cryptocurrency and stablecoin project - Libra Coin. Project appears to have striking similarities with proof-of-stake (PoS) blockchains.

FATF's Crypto Guidelines Could Pose Serious Financial Privacy Issues: OECD Blockchain Advisor

The Financial Action Task Force (FATF), an intergovernmental organization that aims to combat financial crimes such as money laundering, has reportedly been working on drafting a comprehensive set of regulatory guidelines for firms dealing in cryptocurrencies. However, industry experts believe these recommendations could do more harm than good.

Bitcoin (BTC) Has Effectively Served as A Hedge Against Macroeconomic Shocks: Grayscale

The management at Grayscale Investments, a New York-based financial services firm focused on providing asset management solutions for cryptocurrencies, has published a report which shows that bitcoin (BTC) could potentially be used as a hedge against the global liquidity crises.

'Internet of Blockchains' Platform, Cosmos Releases 'Critical Vulnerability': Report

The developers of Cosmos, a distributed ledger technology (DLT)-based platform for facilitating communication and transactions between separate blockchain networks, have published a comprehensive disclosure of a “critical security vulnerability” which was identified last month.

Bitcoin Futures May Have Greater Impact on Crypto Market than Expected: J.P. Morgan

The management at J.P. Morgan, the sixth largest bank in the world, has said that bitcoin (BTC) futures might have a more important role in the cryptoasset market than what investors might expect.

US Regulators Might Be Unnecessarily Delaying Decisions on Cryptocurrency-related Applications

The Financial Industry Regulatory Authority (FINRA), an independent, non-governmental regulator for firms offering financial securities in the U.S., has reportedly been reviewing around 40 different broker-dealer applications from crypto-related companies.

CFTC Chairman: Facebook's Crypto Project Design Is 'Very Clever', But Only in Early Stages

San Francisco-headquartered social media firm Facebook has been discussing the details regarding the development of its stablecoin with the U.S. Commodity and Futures Trading Commission (CFTC).

Ethereum Classic Atlantis Hard Fork Explained By ETC Labs Tech Coordinator

Stevan Lohja, the Technology Coordinator at Ethereum Classic Labs, one of the first blockchain-focused incubators that supports the development of various projects on the Ethereum Classic (ETC) network, has confirmed that the Atlantis hard fork for the Turing Complete platform will be activated.

Japanese Bar to Test Bitcoin's Lightning Network for Payments

A Japanese bar has reportedly partnered with a local Lightning Network (LN) protocol developer, known as Nayuta, in order to allow customers to pay for wine and other beverages by using the layer-two cryptocurrency payments channel.

New Bitcoin Improvement Proposal Could Reduce Transaction Bandwidth By 75%

Prominent Bitcoin Core developers Dr. Pieter Wuille and Greg Maxwell have authored a Bitcoin Improvement Proposal (BIP), which involves the development of a relay protocol that would effectively reduce the “transaction bandwidth” size used by the Bitcoin (BTC) network.

Bitcoin Price Could Hit $1 Million, Best Selling Author and Investor Predicts

James Altucher, an American venture capitalist, best-selling author, and former hedge fund manager, recently revealed that he’s standing by his $1 million Bitcoin (BTC) price prediction - which he first made in 2017.

EY Executive: We Need More Productive Use Cases for Ethereum

Paul Brody, Principal and Global Innovation Leader at “Big Four” professional services firm Ernst & Young (EY), has argued that five out of six, or approximately 83%, of Ethereum (ETH)-based decentralized applications (dApps) have not been developed to enhance productivity.

Bitfinex May Soon Launch USDT on the Lightning Network

The management at Bitfinex, a British Virgin Islands-registered and Hong Kong-operated crypto exchange that recently acquired $1 billion in funding via a private token sale, is reportedly planning to launch Tether’s USDT stablecoin on a Lightning Network (LN) protocol-enabled network.

Binance: Stablecoins to Become 'Quote Currency' for Cryptocurrencies

The research arm of Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has argued that stablecoins will “further become the quote currency” for digital assets in the foreseeable future.

Wealthy Client Wants to Acquire 25% of Bitcoin's Circulating Supply: Dadiani Syndicate Owner

The Dadiani Syndicate, a cryptoasset investment company, has reportedly received a request from a client who wants to purchase approximately 25% of bitcoin’s (BTC) circulating supply.

Waves Developers to Focus on Improving Trading Tools for Its DEX

The developers of Waves (WAVES), a leading platform for building decentralized applications (dApps) and creating and issuing crypto tokens, have revealed that the Waves decentralized exchange (DEX) will now be “a standalone, trading-focused product.”

Ethereum Classic: Atlantis Hard Fork Postponed Due to Technical Reasons

The developers of Ethereum Classic (ETC), a leading Turing Complete and proof-of-work (PoW)-based blockchain network, have reportedly decided to postpone the launch of a major system-wide upgrade to the cryptocurrency platform.

Stellar Protocol 11 Upgrade: Improved Capacity, Better Pricing and Buy Offers

The Stellar Development Foundation (SDF), an organization focused on the ongoing development of the Stellar (XLM) network, has announced that the blockchain-based platform’s transaction validators will cast their votes to approve, or reject, an upcoming upgrade.

U.S. Authorities Investigating Cyptocurrency-Related Attacks From North Korea: Report

US intelligence authorities have reportedly accused North Korean hackers of orchestrating large-scale cybercrimes involving cryptocurrency mining and bank theft.

Allegedly Illegal Crypto Mining Operations Uncovered By Chinese Authorities: Report

Authorities in China’s Sichuan province have reportedly launched an investigation into local Bitcoin (BTC) mining operations that might not have obtained government approval.

Daily Ethereum (ETH) Transactions Are Approaching 1 Million

Ethereum (ETH), the second largest blockchain-based platform with a market capitalization of over $30 billion, has experienced a significant increase in the number of daily transactions settled on its network.  

'Definitive Resource for Building a Crypto Market' Released By 0x Protocol Devs

Ben Burns, Designer at 0x project, a San Francisco-based startup focused on the development of a protocol for trading crypto tokens, has published a blog post in which he revealed that an a update has been released for the 0x Launch Kit.

Binance Coin (BNB) Has at Least 83 Use Cases, Exchange Claims

The management at Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has revealed that there are at least 83 different use cases for Binance Coin (BNB).

Block.one Releases Experimental Authenticators for Google Chrome, Safari

The developers at Block.one, a Cayman Islands-registered open-source software publisher focused on the ongoing development of EOS, one of the largest platforms for building and deploying decentralized applications (dApps), have released a set of Reference Authenticator apps.

Dr. Pieter Wuille: Current Bitcoin Protocol Is 'Not Quantum Secure'

William Casarin, a Haskell and Rush computer programmer, has suggested not using taproot (or at least carefully considering the implications), a recently published Bitcoin Improvement Proposal (BIP) that aims to enhance the leading cryptocurrency’s privacy and overall network efficiency.

Decred Governance Model Analyzed By Dharma Labs Business Dev Manager

Max Bronstein, the Business Development Manager at Dharma Labs, a San Francisco-based developer of a peer-to-peer (P2P) protocol for generic tokenized debt agreements, has published a blog post in which he analyzed the Decred (DCR) project’s hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus model.

ConsenSys-backed 0x Protocol Extension to Improve DEX Architecture

The developers of the 0x protocol, an open-source specification that enables “low friction” peer-to-peer (P2P) exchange of cryptocurrency tokens on the Ethereum (ETH) network, have been working on a zero-knowledge proof (ZKP)-based solution, known as StarkDEX.

Binance Team Explains Margin Trading, Pros and Cons for Crypto Traders

Binance, the world’s largest cryptoasset exchange in terms of trading volume, recently published a blog post in which they explained how margin trading works and how traders can potentially benefit from it.

Beacon Chain Update: Buterin Proposes Changes to Ethereum 2.0

Raul E. Jordan, the Co-Lead at Prysmatic Labs, a team of blockchain developers focused on scaling the Ethereum (ETH) network through sharding techniques, has said that the main idea behind the Beacon Chain is “you’re going to be able to deploy these little worlds that summarize how a blockchain works, how a state transition works, [and] how a smart contract works.”

Ethereum 2.0 'Several Years Away', to Be Implemented in 7 'Distinct Phases'

SFOX, a “prime dealer of cryptoassets” for professional traders and institutional investors, has outlined the main set of upgrades expected with Ethereum 2.0.

Ontology Developers Outline Smart Contract Programming Best Practices

The developers of Ontology (ONT), a leading “distributed trust” network for building and deploying decentralized applications (dApps), have revealed that smart contract security is among the “hottest topics” in the evolving blockchain ecosystem.

Istanbul Upgrade: 28 Ethereum Improvement Proposals Under Consideration

Ethereum’s developers have submitted 28 ethereum improvement proposals (EIPs), which include recommended codebase modifications that may be integrated into the upcoming Ethereum (ETH) network hard fork, called Istanbul.

ConsenSys Confirms 'Vast Expansion' of Blockchain Industry

The developers at ConsenSys, a Brooklyn, New York-based organization focused on Ethereum-related development, has published a blog post in which it revealed that the nascent blockchain ecosystem “continues to see vast expansion all over the world.”

UK's Regulator Warns Against Fraudulent Firm Cloning Financial Giant TP ICAP

UK’s financial regulator, the Financial Conduct Authority (FCA), has uncovered another allegedly fraudulent crypto-related scheme.

CoinBits Allows Users to Earn Passively By Converting, Saving Change in Bitcoin

Erik Finman, an early Bitcoin (BTC) adopter, is planning to launch a crypto platform called CoinBits, which will allow investors to earn passively.

Blockstream CSO Samson Mow's Firm to Launch Security Token for New Sci-Fi Game

Samson Mow, the CEO at Pixelmatic, a Shanghai-based video game development firm, and the Chief Strategy Officer (CSO) at Blockstream, a leading blockchain and cryptoasset company, is planning to launch a security token on the Bitcoin (BTC) blockchain through a sidechain, called the Liquid network.

Switzerland's Telecom Giant Brings Blockchain-based Artwork to Mainstream TV

Swisscom AG, one of the largest telecommunications providers in Switzerland, has introduced a new approach to utilizing non-fungible tokens (NFTs).

Monero to Use New Proof-of-Work Algorithm to Reduce Hard Forks, Cryptojacking

The developers of Monero (XMR) have revealed they may introduce a new type of proof-of-work (PoW) consensus algorithm for the leading privacy-oriented cryptocurrency.

Buterin Proposes Increasing Privacy on Ethereum Using 'Minimal Design Mixer'

Ethereum Co-Founder Vitalik Buterin has revealed that currently there are “large privacy problems” in the Ethereum (ETH) ecosystem.

Dai Demand to Increase as Coinbase Adds Stablecoin: Prominent Investor

Ryan Sean Adams, the Founder at Mythos Capital, a financial services firm that “holds, keeps, and makes cryptoassets”, has predicted that the demand for the Dai stablecoin “will likely” increase in the coming months.

New Yorkers Can Now Access Zero-Fee Robinhood Crypto Trading App

Robinhood, a Menlo Park, California-based stock brokerage firm that allows users to trade US listed stocks, exchange-traded-funds (ETFs), and cryptocurrencies with zero commission, had received a BitLicense and a money transmitter license in January 2019.

$200 Million Stolen By Crypto Scammers in Brazil in Fraudulent Investment Scheme

A gang of criminals in Brazil have reportedly stolen more than $200 million from around 55,000 local residents.

Jimmy Song Questions Buterin's Claims Regarding Ethereum's Progress

Prominent Bitcoin (BTC) developer Jimmy Song recently questioned Vitalik Buterin’s claims that the Ethereum (ETH) project had made the “research breakthroughs” required in order to launch the set of upgrades associated with Ethereum 2.0.

Swiss Stock Exchange Owners to Launch Their Own Stablecoin

The SIX Swiss Exchange, Switzerland’s principal stock exchange, is reportedly developing its own stablecoin, a crypto token that will be pegged 1-to-1 with the Swiss Franc (CHF).

US Copyright Office Didn't Recognize Craig Wright as Satoshi Nakamoto

Craig Steven Wright, a prominent Australian computer scientist and self-proclaimed inventor of Bitcoin (BTC), the world’s most dominant cryptocurrency, had submitted a claim to the US Copyright Office.

Japan's Financial Regulator to Increase Oversight of Local Crypto Exchanges

Japan’s financial regulator, the Financial Services Agency (FSA), is reportedly planning to closely monitor cryptocurrency transactions due to heightened concerns regarding their use in financing illicit activities.

Israeli Courts: Bitcoin Is a Taxable Financial Asset, Not a Currency

A central district court in Israel has reportedly ruled in favor of the nation’s tax collection department, which has categorized Bitcoin (BTC) as a financial asset - but not medium-of-exchange (MoE).

Significant Bitcoin Price Increase Expected Due to Mining Rewards Halving: Analyst

Brian Kelly, a prominent portfolio manager at the BKCM Digital Asset Fund, has argued that the cryptoasset industry is “starting to get” that highly anticipated institutional adoption.

Galaxy Digital Sells $71.2 Million Worth of Block.one Shares for 123% Return

Galaxy Digital Holdings Ltd., a New York-based full-service crypto merchant bank that provides “distinct trading”, principal investment, and asset management services, has sold a significant amount of its outstanding shares in Block.one.

It 'Makes Little Sense' to Add Altcoins to Bitcoin Portfolio, Prominent Developer Claims

Prominent Bitcoin (BTC) developer Jimmy Song has argued that diversifying a cryptoasset portfolio “makes little sense.”

New User-Friendly Explorer for EOS Developers Released By Block.one

Block.one, a Cayman Islands-registered firm focused on publishing open-source software for EOS, one of the largest cryptoasset platforms for building and deploying decentralized applications (dApps), have released the EOSIO Explorer.

US 'Lagging Behind Badly in Blockchain Search Term Diversity': ConsenSys

The latest online search data shows that the residents of Japan and South Korea “lead the world” in overall interest for topics related to “blockchain” and “Ethereum.”    

SEC Needs US Congress' Support to Draft Updated Crypto Regulations: Circle CEO

Jeremy Allaire, co-founder and CEO at Circle, a multinational fintech firm focused on providing services related to cryptoassets and blockchain technology, has argued that American regulators have taken an “extremely broad view” regarding which cryptoassets “might be deemed securities.”

BSV Surges 80% As Craig Wright Files Copyright Registration for Bitcoin Whitepaper

Craig Steven Wright (“CSW”), a prominent Australian computer scientist and self-proclaimed inventor of the Bitcoin protocol, has claimed that the US Copyright Office recently awarded him a copyright registration for being the original author of the Bitcoin whitepaper.

Billionaire Novogratz: Altcoins Won't Pump Like In 2017 Bull Run, Bitcoin Will Dominate

As the market capitalization of Bitcoin (BTC) and other major cryptoassets continues to rise, several analysts have been drawing comparisons between what they’re seeing in the current market and what they observed during the historic bull market of late 2017 and early 2018.

Buying Bitcoin At All-Time High Was Better Than Keeping Money In Argentinian Bank, Trader Reveals

A new analysis suggests that if resident of Argentina had purchased Bitcoin (BTC) at the “highest point of the ‘biggest bubble in history’” (in 2017), they would have have still “been better off” than leaving their funds in an Argentinian bank.

This 'Bull Market Is Real', But Bitcoin ETF Could Affect Crypto Prices, Analysts Argue

Arthur Hayes,CEO of the Bitcoin Mercantile Exchange (BitMEX), a Seychelles-registered and Hong Kong-operated cryptocurrency derivatives trading platform, believes we’re currently in a bull market.

Bitcoin Price Movements Similar to 2017, Before Crashing from All-Time High: J.P. Morgan

Nikolaos Panigirtzoglou, the Managing Director for Global Market Strategy at J.P. Morgan Chase, has argued that Bitcoin (BTC) is currently trading at a price which exceeds its “intrinsic value.”

'Bitcoin Type' Privacy Enhancing UTXO Transactions Now Available on EOS

The developers of pEOS, a project focused on enabling private and “untraceable” transactions on EOS, one of the largest platforms for building decentralized applications (dApps), have noted that they intend to provide tools which will allow users to conduct efficient token transfer transactions while maintaining their financial privacy.

Advantages of Securing IoT Devices with Blockchain, Explained By Andreas Antonopoulos

Andreas Antonopoulos, a widely-followed Bitcoin (BTC) Maximalist, has argued that using blockchain to solve internet of things (IoT)-related security issues may not have any significant benefits.

Blockchain-Enabled Chinese Yuan Could Increase Governmental Oversight, Investor Argues

The Chinese government has been closely studying blockchain technology in order to determine whether the immutable distributed ledger can be used to streamline routine business processes.

Chinese Yuan 'Inversely Correlated' with Bitcoin, Amidst US-China Trade Wars

Since January 2018, China and the US have been involved in an intense trade war in which both countries have significantly increased tariffs on imported goods and services. Due partly to the rising tension between the two countries, the Chinese yuan (CNY) has been losing value against the USD. During the same time period, the price of Bitcoin (BTC) and other major cryptoassets has been surging.

Stellar Network Stayed 'Safe and Consistent' During Downtime: Report

The Stellar network “halted” for over an hour due to an “inability to reach consensus”, the distributed ledger technology (DLT)-based platform’s developers confirmed on May 16th, 2019. Ripple's chief cryptographer supports fundamental design principles adopted by Stellar network developers.

'Important Discrepancies' Were Reportedly Found in Ripple's XRP Release Schedule

Coin Metrics, a cryptocurrency financial data provider that compiles “hard-to-acquire” data for large blockchain platforms, has revealed that it discovered several major inconsistencies in its recent evaluation of XRP’s supply schedule and escrow system.

Seven Major Trends in the Cryptoasset Industry, According to ConsenSys

ConsenSys, a Brooklyn, New York-based organization that builds, consults, and deploys decentralized applications using Ethereum, has revealed that 78% of firms use open-source software. Management at ConsenSys has also identified the seven major blockchain industry trends.

Venezuela to Use Petro Cryptocurrency to Settle Trades With Russia: Report

The government of Venezuela is reportedly planning to settle trades with Russia by using the controversial Petro (PTR) cryptocurrency.

Ontology's New Multichain Design to Compete with Cosmos, Polkadot, and Plasma

The developers of Ontology, a blockchain-based “distributed trust” network for deploying decentralized applications (dApps), have argued that a single blockchain network cannot meet all types of business requirements.

New Java and Swift SDKs for EOS Released By Block.one

Block.one, a Cayman Islands-registered firm that publishes open-source software for deploying decentralized applications (dApps) on EOS, one of the largest cryptocurrency platforms, has published a blog post in which it noted in a “very short period of time,” there has been “an explosion of innovative EOSIO web applications.”

AugurLite, a Fork of Augur, Launched for US Presidential Elections 2020

Veil, the San Francisco-based developer of a decentralized prediction market and derivatives platform, has created an updated version of Augur’s prediction market protocol.

Tether Ltd. Restricted from Using Its Reserves By NYAG

New York Supreme Court Judge Joel M. Cohen has ordered digital asset exchange Bitfinex and Tether Ltd. to submit documentation regarding the issuance of a loan and a line of credit.

Analyst Claims Lightning Network Adoption May Be Part of the Reason for BTC Rally

Bob Iaccino, an experienced fund manager and veteran trader, has argued that the introduction of the Lightning Network (LN), a layer-two solution for transferring cryptocurrency payments in a quick and cost-effective manner, may have contributed to the recent surge in the Bitcoin (BTC) price, as well as that of other cryptoassets.

Ethereum-based dApp Being Used By Giant Utility Company

EDF Energy, a company that provides gas and electricity to homes and offices throughout the UK, has developed visual simulator software GPUSPH on iExec, a decentralized application that runs on the Ethereum (ETH) blockchain.

Coinbase Custody: $1 Billion in Assets Under Management Just 12 Months After Launch

Brian Armstrong, the CEO at Coinbase, one of the largest cryptoasset trading platforms, has revealed that Coinbase Custody now has approximately $1 billion in assets under management (AUM).

$1.2 Million Giveaway Announced By Binance CEO, As 'Thank You' for 'Standing By Us'

Changpeng Zhao (“CZ”), the CEO of Binance, the world’s largest cryptocurrency exchange in terms of trading volume, has announced via Twitter that $1.2 million in Binance Coin (BNB) will be given away “as a thank you for standing by us.”

EOS Updates Have 'Nearly Tripled Sustained Throughput on Testnets': Dan Larimer

Daniel Larimer, the Chief Technical Officer (CTO) at Block.one, has revealed that “recent updates” to the EOS network code have “nearly tripled sustained throughput on large testnets.”

'This Year, the Narrative is Bitcoin, Bitcoin, Bitcoin': Meltem Demirors

Commenting on the crypto market rally, during a recent interview with CNBC’s Fast Money, Meltem Demirors, the Chief Strategy Officer (CSO) at CoinShares, a digital assets treasury management firm, said that there’s “a lot of great progress being made.”

Attendance is 'Off the Charts' at Bitcoin Education Events: TD Ameritrade VP

Steven Quirk, the Executive VP of Trading and Education at TD Ameritrade, an Omaha, Nebraska-based broker that manages one of the world’s largest online trading platforms, has revealed that institutional interest in cryptoassets has increased significantly.

Erik Voorhees: 'Crypto Is Taking Over the World'

Erik Voorhees, the founder and CEO of cryptoasset exchange ShapeShift, has said that the crypto market has seen “four or five bubbles” which have resulted in extreme price fluctuations.

New Blockchain Interoperability Standards Released By Enterprise Ethereum Alliance

The Enterprise Ethereum Alliance (EEA), an organization focused on creating “open, blockchain specifications,” has released a new set of standards for blockchain interoperability.

IEOs May Get In 'Trouble' for Not Following Regulations: SEC

Valerie Szczepanik, the Advisor for Digital Assets and Innovations at the US Securities and Exchange Commission (SEC), has said that companies or organizations looking to raise funds via initial exchange offerings (IEO) must follow appropriate regulatory guidelines.

ICO Market Down 97% Since May 2018: BitMEX Research

Initial coin offerings (ICO) have only managed to raise $40 million so far this year, according to BitMEX’s research division.

Bitfinex and Tether Request Courts Remove NYAG's Restrictions

Tether, Ltd., a Hong Kong-based firm that issues the USDT stablecoin, has asked a US court Judge to be more lenient by allowing it to use its cash reserves - while the New York Attorney General (NYAG) conducts its investigation.

Reserve Stablecoin App 'Coming Soon' to Help Areas Affected by High Inflation Rates

The developers of Reserve, an Oakland, California-based stablecoin project, are reportedly planning to launch an app which will allow users to convert cryptocurrencies to fiat money.  

8x More Profitable to Mine Bitcoin than All Other Cryptos: Report

Miners on the Bitcoin (BTC) network were paid a record $580,000 in mining fees during a 24-hour time period on May 10th, 2019.

Ethereum Will Be 1,000 More Scalable in 18-24 Months: Joseph Lubin

Ethereum co-founder Joseph Lubin believes the Ethereum (ETH) platform, which is the world’s second largest cryptocurrency network, will become around 1,000x more scalable within the next 18 to 24 months.

Microsoft Is Building Decentralized Identity Solutions on Bitcoin's Blockchain

Microsoft is currently working on an open-source project which involves developing decentralized infrastructure on the Bitcoin (BTC) blockchain.

BitMEX All-Time Record: Over $10 Billion in Trading Volume Registered

Bitcoin Mercantile Exchange (BitMEX), a Seychelles-registered and Hong Kong-operated cryptocurrency derivatives exchange, recently recorded over $10 billion in total trading volume in just 24 hours.

Indian Crypto Traders Were Reportedly Not Affected By Proposed Crypto Ban

Nischal Shetty, the CEO of Indian digital asset exchange WazirX, has said that the recent recommendation from India’s government departments to completely ban cryptocurrencies has not had any negative impact on local crypto trading volumes.

Ethereum Foundation to Allocate $30 Million to Blockchain Development in Coming Year

The Ethereum Foundation, a Bern, Switzerland-based non-profit organization focused on supporting the Ethereum (ETH) project, the world’s largest platform for building decentralized applications (dApps), is planning to allocate $30 million over the next year to fund the smart contract platform’s ongoing development.

Bitcoin's in 'Bull Market Territory', Prominent Trader Alex Krüger Argues

Prominent crypto analyst, Alex Krüger, has argued that Bitcoin (BTC), the world’s most dominant cryptocurrency, is now in “bull market territory.”

Billionaire Michael Novogratz: Web 3.0, Not Bitcoin, Will Change the World

Michael Novogratz, the founder and CEO Galaxy Digital, a full-service crypto merchant bank, has argued that Bitcoin (BTC) cannot change the world as it is just a currency, which only serves as a medium-of-exchange (MoE) and store-of-value (SoV).

Investors Lose $293 Million to Fraudulent Crypto Mining Scheme

Authorities in China have reportedly uncovered a fraudulent cryptocurrency mining scheme, through which 2 billion Renminbi (appr. $293 million) was stolen from the victims.  

Vitalik Buterin, Joseph Lubin Each Donate 1,000 ETH to Support Ethereum's Development

Ethereum co-founder Vitalik Buterin and Joseph Lubin, the founder of ConsenSys, a Brooklyn, New York-based Ethereum-focused development studio, have reportedly donated 1,000 ETH (each) to the Moloch decentralized autonomous organization (DAO).

SIM Swappers Indicted for Stealing $2.4 Million in Cryptoassets

US courts have reportedly charged six individuals for their alleged involvement in a “SIM swapping” attack, through which they stole approximately $2.4 million in cryptoassets from several investors.

Leading Financial Services Firm Predicts $20,000 Bitcoin Price By 2021

The Canaccord Genuity Group, a Toronto-based multinational, full-service investment bank focused on “growth companies,” has predicted that the Bitcoin (BTC) price will surge to $20,000 by 2021.

Bitcoin is Too Technical For Most Venezuelans to Use, Researcher Finds

Alejandro Machado, the co-founder of the Open Money Initiative (OMI), a project focused on researching how money is “used in closed economies” and “collapsing monetary systems,” has revealed that residents of Venezuela have not completely abandoned the Bolivar.

Dash Core Group CEO Introduces New Funding Model for the Cryptocurrency

The developers of Dash (DASH) have announced the launch of “Dash Ventures,” a dedicated investment fund to support the ongoing development of the leading privacy-oriented cryptocurrency.

Bitfinex Integrates Blockstream's Liquid Network for More Efficient Trading

Digital asset exchange Bitfinex has integrated Blockstream’s Liquid Network on its crypto trading platform.  

New Cryptocurrency-based ETF Filed with US SEC

The US Securities and Exchange Commission (SEC) has received another application for a cryptocurrency-based exchange-traded fund (ETF).    

Multi-Million Dollar Cryptocurrency Laundering as A Service Uncovered By Europol

The European Union Agency for Law Enforcement Cooperation, or Europol, has reportedly supported Spain in uncovering a recent financial crime involving “large-scale” cryptocurrency money laundering “services.”

$1 Billion in Commitments Already Made for Bitfinex's Token Sale, Shareholder Claims

IFinex, Inc., the parent company which manages the operations of both its subsidiaries, Tether Ltd. and embattled crypto exchange Bitfinex, has reportedly acquired $1 billion in “hard and soft commitments” for its initial exchange offering (IEO).

Billionaire Novogratz Predicts $20,000 Bitcoin Price Within 18 Months

Michael Novogratz, a former hedge fund manager and current CEO of Galaxy Digital, a full-service cryptocurrency merchant bank, has predicted that the Bitcoin (BTC) price will triple within the next 18 months.  

Binance Hacker Consolidates Stolen Bitcoin to Seven Addresses

The hacker(s) who performed a large-scale security breach on Binance have now transferred the 7,070 Bitcoin (BTC) they stole to only seven addresses. Security analysts are tracking the stolen bitcoin.

Ethereum's Proof of Stake Testnet is Now Live, With Limited Functionality

The developers of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), have launched an Ethereum 2.0 proof-of-stake (PoS) testnet.  

Bitfinex Releases Whitepaper to Confirm $1 Billion Initial Exchange Offering

Cryptoasset exchange Bitfinex has confirmed that it is planning to raise $1 billion through an initial exchange offering (IEO). Bitfinex,  has released a whitepaper, titled “Initial Exchange Offering of LEO Tokens For Use on iFinex Trading Platforms.”  

Former Coinbase Executive Joins Bitstamp Exchange as Head of US Operations

Bitstamp, a London-based fintech firm which provides an online Bitcoin (BTC) marketplace, has reportedly hired Hunter Merghart, the former Head of Trading at Coinbase.

Former OneCoin Investor Files Lawsuit Against Alleged Billion Dollar Pyramid Scheme

Christine Grablis, a former OneCoin investor, has reportedly filed a lawsuit against the promoters of an allegedly fraudulent cryptocurrency-related pyramid scheme.  

Staking After Ethereum 2.0 Upgrade Will Not Yield Significant Profits

The developers of Ethereum (ETH), are planning to switch from proof-of-work (PoW) to proof-of-stake (PoS). However, staking on Ethereum won't be very profitable according to the latest reward issuance schedule.  

'Trading Bots' Are 'Exploiting Inefficiencies' on Crypto Exchanges

Homeland Security, a news media outlet has issued a warning regarding arbitrage bots which have reportedly been exploiting various “inefficiencies” on decentralized cryptoasset exchanges (DEXs).

Bitcoin ETF Decisions Likely to Affect Cryptoasset Prices this Month: Report

SFOX, a “prime dealer of cryptoassets for sophisticated traders and institutional investors,” has published its crypto volatility report for April 2019, it notes that the Bitcoin ETF decision is likely to affect cryptoasset markets.

WeChat Bans Crypto-Related Activity, Due to Chinese Government Pressure

The management at WeChat, a widely-used social media platform in China, has reportedly announced that it will terminate user accounts that are involved in cryptocurrency trading.    

CFTC Insider: Ether Futures May Soon Be Approved By Regulator

The US Commodity Futures Trading Commission (CFTC), an independent agency of the American government that regulates the futures and options markets, may soon approve Ether (ETH) futures contracts.

You Can Win 1 Bitcoin Playing Gemini's 'Crypto Bus' Game. Here's How

Tyler Winklevoss, the co-founder of cryptocurrency exchange Gemini, recently announced via Twitter the launch of a new game called “Spot the Gemini Crypto Bus.” The initiative is aimed at promoting best practices and developing progressive crypto regulations.

ConsenSys Proposes Interoperable Private Sidechains, Connected to Larger Public Blockchain

ConsenSys, a Brooklyn, New York-based Ethereum-focused development studio, has released a research paper which outlines a method of establishing connections between public and private blockchain networks.  

Renowned Economist Joseph Stiglitz: 'We Should Shut Down Cryptocurrencies'

Joseph Eugene Stiglitz, a prominent American economist and the recipient of the Nobel Memorial Prize in Economic Sciences (2001), has argued that the existing financial system would become more efficient if electronic payments were used to settle most transactions.  

Ethereum 2.0: New Messaging Protocols Being Developed, Hobbits, an Interim Solution

The codebase for Ethereum 2.0, a major upcoming upgrade to the Ethereum blockchain network that is aimed at improving the platform’s scalability and usability, is reportedly half complete. There's also a new messaging protocol that is under development for the Ethereum blockchain.  

Malaysian Crypto-Powered City to Attract 3 Million Tourists

Malacca City, the capital of the Malaysian state of Malacca, has reportedly become one of the world’s first regions that’s being referred to as a “crypto city.”    

John McAfee Launches 'Bitcoin Play' App, Letting Users Earn Crypto While Testing Their Knowledge

John McAfee, the creator of the widely-used McAfee antivirus, has announced the launch of his new app, called “Bitcoin Play.” It has so far received a 4.8 rating on Google Play and 17 reviews (mostly positive).  

Crypto Twitter Reacts to Buffett's Recent Criticism of Bitcoin

Warren Edward Buffett, an American business tycoon and one of the most successful investors in modern history - with a net worth of approximately $90 billion, has argued that Bitcoin (BTC), the flagship cryptocurrency, is a “gambling device.” However, prominent members of the Crypto Twitter community had their own interesting arguments about Bitcoin.    

Cryptos Can Be Effective at Solving Problems With Micropayments: Prominent Lawyer

Stephen D. Palley, a partner at Anderson Kill, a Washington D.C.-based law firm, recently discussed how micropayments can be sent using Bitcoin (BTC), the world’s most dominant cryptocurrency.  

Jersey Resident Loses Over $1.5 Million in Bitcoin Scam

A cryptocurrency investor has reportedly lost his life-savings after falling for a scam involving Bitcoin (BTC), the world’s most dominant cryptocurrency.  

Singapore's Monetary Authority Acknowledges Blockchain's Potential for Cross-Border Transfers

Sopnendu Mohanty, the Chief Fintech Officer at the Monetary Authority of Singapore (MAS), the country’s financial regulator, has stated that blockchain technology could potentially expedite cross-border transfers.  

Currency.com's Tokenized Securities Platform Is Now Publicly Accessible

The developers of Currency.com, a Gibraltar-registered tokenized securities exchange, have reportedly decided to go public. This, after releasing and testing the beta version of the platform a few months back.  

Craig Wright Allegedly Sues Roger Ver for Calling Him 'a Liar and a Fraud'

Prominent Australian computer scientist Craig Wright has reportedly filed a lawsuit against Roger Ver, the CEO at Bitcoin.com.

'It's Not Possible to Ban Decentralized Cryptocurrencies,' Indian Crypto Exchange Owners Argue

Several departments of the Indian government had recently recommended placing a complete ban on the sale, purchase, and use of cryptocurrencies. However, crypto exchange owners in India believe this may not be possible because blockchain-based digital assets are decentralized.  

Scam Involving Bitcoin Nets Criminals Posing as Government Officials $2 Million

Cryptocurrency scammers have reportedly been posing as government officials and asking people to make payments in Bitcoin (BTC) or use prepaid gift cards.

Stablecoins: DAI's Stability Fee to Rise to 19.5% Following MakerDAO Vote

MakerDAO, a Santa Cruz, California-based financial services firm focused on the development of a decentralized autonomous organization (DAO) on the Ethereum blockchain, currently has $334.9 million in Ether (ETH) locked in its lending contracts.

Ethereum's Proof of Stake Code Nearing Completion, to Be Finalized Next Month

The developers of Ethereum (ETH), the world’s largest platform for building and deploying decentralized applications (dApps), have revealed that they’re preparing to finalize the blockchain network’s proof-of-stake (PoS)-based consensus protocol.  

Security Alert: Old Shellbot Malware Upgraded to Include Cryptojacking Scripts

The Shellbot cryptojacking malware program has reportedly been updated as it now includes additional capabilities.  According to a recent report published on May 1st, 2019, Threat Stack, a US-based online security company, had first detected the Shellbot malware in 2005.   

Blockchain.com Wallet Adds PAX As Its First Stablecoin

The creators of Blockchain.com, a web-based cryptocurrency wallet and block explorer service, have partnered with New York-based fintech firm, Paxos Technology Solutions, LLC, in order to “break down a financial barrier for people across the world to access the world’s primary reserve currency.”  

Content Creators Can Now Earn XRP Through a Blogging Platform Launched by a Former Ripple CTO

Coil, a San Francisco-based fintech firm founded by Stefan Thomas, the former Chief Technical Officer at Ripple Labs, has revealed that it has now launched its public beta release of its blogging website.    

Over 35 Million Blockchain Wallets Have Now Been Created, Data Shows

Recent data from Statista shows that the total number of Blockchain wallets “has been growing [steadily] since the creation” of Bitcoin (BTC), the world’s most dominant cryptocurrency.    

Open Entertainment Platform BOLT Now Among First to Migrate to Binance Chain

BOLT, a cryptocurrency project that aims to become the world’s “largest mobile wallet” that is “powered by content,” is migrating to Binance Chain.  

Bank of England: Cryptoassets Still 'Too Volatile,' Not a Good Store of Value

David Ramsden, the Deputy Governor of Markets and Banking at the Bank of England (BoE), has argued that cryptocurrencies are “too volatile” to be considered a reliable store-of-value (SoV).

20% of 18-34 Year Olds in America 'Own Bitcoin,' Recent Survey Reveals

Spencer Bogart, a general partner at Blockchain Capital, recently revealed the results of a survey which suggest that despite the extended cryptocurrency bear market, “Bitcoin awareness, familiarity, perception, conviction, propensity to purchase and ownership all increased/improved significantly.”    

Bancor Is 'Transforming' How 'Digital Items' Are Tokenized, 'Collateral Is Key'

Bancor, a Zug, Switzerland-based company focused on developing a protocol for “the creation of smart tokens” which can be traded on a “decentralized exchange service,” has launched a platform that allows for “built-in convertibility” of cryptocurrencies “directly through” smart contracts issued on the network.  

Block.one Publishes 'Release Candidate' for EOS, Includes Enhanced 'Security Features'

Block.one, a Cayman Islands-registered open-source software publisher which helped develop EOS, one of the largest platforms for building decentralized applications (dApps), has launched “a release candidate” for EOSIO, the suite of software products powering the zero-fee smart contract platform.  

Ethereum's Recent Decline in Hashrate 'Not Surprising': Cyber Threat Expert Explains

Anthony Sassano, a “cyber threat detection expert” and active contributor to the Ethereum project, observed recently that the ETH price “double bottomed” at around $80 on December 15th 2018.  

NEO 3.0 Roadmap Revealed, Co-Founder Erik Zhang Explains Key Changes to Smart Contract Platform

The developers of NEO, a leading platform for building and deploying decentralized applications (dApps), have officially released a roadmap for NEO 3.0, which consists of a several codebase modifications that are intended to enhance the blockchain network’s performance.    

Waves' Team Announces New 'Decentralized Token Rating System'

The developers of Waves (WAVES), a leading platform for creating decentralized application (dApps), have proposed “a new protocol for decentralized asset verification.”    

Bitcoin-related Tweets At 5-Year Low, Consumer Interest Declining, Researcher Argues

Twitter user Kevin Rooke (@kerooke), a widely-followed investor and technology enthusiast, recently pointed out that “Bitcoin-related tweets are at their lowest level in five years.”

Major Cryptos Could Be Worth 'Close to Zero' if Quantum Resistant Features Don't Work Properly: Analyst

Twitter user Noclone3, who has “a passion for quantum physics, cryptocurrencies, and programming,” recently argued that the world’s largest cryptocurrency platforms may not be adequately prepared for a time when quantum computers become powerful enough to pose a legitimate threat to the binary blockchains of today.  

50,000 Dai Received to Fund Third-Party Security Audit of Ethereum's ProgPoW Algorithm

Hudson Jameson, a communications manager at the Ethereum Foundation and blockchain developer, has revealed that funding for a third-party audit of Ethereum’s (ETH) proposed ASIC-resistant, programmatic proof-of-work (ProgPoW) consensus algorithm has been received.

MakerDAO's CTO Resigns Due to Internal Conflicts, Mismanagement Issues

MakerDAO, a Santa Cruz, California-based privately held firm that has launched a decentralized autonomous organization (DAO) on the Ethereum blockchain, currently has around $325 million locked in its lending contracts. Despite its success as an emerging DeFi project, MakerDAO's CTO recently resigned.

Former J.P. Morgan Exec: Dapps Should Be Easy-to-Use, Users Need Not Worry About Technical Details

Amber Baldet, a former Executive Director at J.P. Morgan Chase who previously worked as the bank’s Blockchain Program Lead, has argued that “when people use decentralized applications (dApps), they should be able to focus more on what the app does than what’s under the hood.”  

Failure to Implement Proper Crypto Regulations May Cost U.S. 'Hundreds of Billions,' Block.one CEO Says

Brendan Blumer, the 32-year-old CEO of Block.one, a Cayman Islands-headquartered firm which publishes open-source software, including that which now powers EOS, one of the world’s largest platforms for deploying decentralized applications (dApps), has argued that the US is “unnecessarily falling way behind” when it comes to adopting the latest technology.  

Binance to Add Support for Cosmos (ATOM) for 'Free' as It's 'Good Tech'

Malta-based digital asset exchange, Binance has announced that it will list a new cryptocurrency known as Cosmos (ATOM). Binance, the world’s largest crypto exchange in terms of trading volume, is planning to add support for Cosmos’ native crypto token, ATOM, as the company’s CEO, Changpeng Zhao (“CZ”), believes that the project is based on “good” or sound technology.

India's HDFC Bank Warns Customers Who've Bought Cryptocurrencies

Twitter user Indian CryptoGirl (@DesiCryptoHodlr) recently revealed that the Housing Development Finance Corporation (HDFC) Bank, which is India’s largest private sector lender (in terms of total assets), has been sending threatening emails to local residents who purchased cryptocurrencies.  

Yelp Is Letting Users Filter Searches to Find Businesses That Accept Cryptocurrencies

On Tuesday (April 23rd, 2019), Reddit user awsmbomb found out that Yelp (YELP) now lets users filter, or sort through, businesses based on whether they accept cryptocurrency as payment.  

Cryptojacking Incidents Reportedly Drop Significantly after Crypto Mining Service Shut Down

Recent reports suggest that the chances of users’ internet browsers being targeted by selfish cryptocurrency miners have decreased significantly.    

Twitter User Donates Over €10,000 Worth of Bitcoin Cash in 48 Hours

An old Twitter account, called @Bitcoininfo, has reportedly been giving away relatively large amounts of Bitcoin Cash (BCH). The @Bitcoininfo handle was created in March 2011 and the owner or operator of the account has been tipping BCH to various non-profit organizations and other random accounts holders on Twitter.

Legendary Kiss Rocker Gene Simmons Says Bitcoin Isn't Dead

Gene Simmons, the frontman for the highly popular old school band Kiss, has claimed on previous occasions that he only endorses, or supports, products in which he firmly believes or with which he has an “emotional connection.” Simmons notably believes Bitcoin may be a worthwhile investment, even though he acknowledges its volatile.  

Several Indian Government Departments Recommend Complete Cryptocurrency Ban

The government in India’s capital of New Delhi has reportedly launched several inter-ministerial consultations regarding a draft bill which has proposed a nationwide ban on cryptocurrencies.  

IOTA Launches Its Own Academy to Help Users Learn More About Its Technology

The IOTA Foundation, a non-profit organization which supports the ongoing development of the the Tangle-based and distributed ledger technology (DLT)-powered IOTA platform, has announced the launch of IOTA Academy.

Chinese Police Uncover Multi-Million Dollar Crypto Scam HeroChain

Chinese authorities have reportedly uncovered a cryptocurrency-related crime involving the promoters of HeroChain, a 300 million Chinese Yuan (CNY) fraudulent scheme.    

European Consumers Are Confident Cryptocurrencies Will Be Around in Next 10 Years: Survey

A recent survey of 10,000 European residents has revealed that 63% of respondents believe cryptocurrencies will still be around in a decade from now. However, those responding to the survey did not seem to be as confident about whether Bitcoin (BTC), the flagship cryptocurrency, would last over the next five or ten years.  

Tron Foundation Explains How the DAppChain Project Will Take ‘Quality and Quantity’ of DApps ‘To the Next Level’

The TRON Foundation officially introduced the Sun Network, a second-layer scalability solution for Tron (TRX), one of the largest platforms for deploying decentralized applications (dApps), on April 8th, 2019. Marcus Zhao, the technical director for TRON's various scaling initiatives, explains how smart contracts and sidechains will be used to further expand the Tron DApp ecosystem.  

Major Ethereum Classic (ETC) Developer Updates Revealed for Q1 2019

Stevan Lohja, the Technology Coordinator at Ethereum Classic Labs, recently published an extensive blog post, which has revealed several important updates regarding the ongoing development of Ethereum Classic (ETC).  

Key Risks of Staking Tezos, Cosmos, and IRISnet, and How to Reduce Them

POS Bakerz, a Staking-as-a-Service (SaaS) provider that “offers public delegation services to Tezos (XTZ), Cosmos (ATOM), and IRISnet (IRIS) token holders,” has published a blog post in which it revealed the inherent risks involved with staking Proof-of-Stake (POS) cryptocurrencies.  

Decentralized Exchange Uniswap's Founder Reveals How Business Was Launched

Hayden Adams, an Ethereum (ETH) developer and the inventor of the Uniswap Exchange Protocol, recently revealed how he established a company focused on developing open finance products.  

Everything You Need to Know to Start Using the $10 Million Dharma Crypto Lending Platform

Dharma, a leading Ethereum-based decentralized finance (DeFi) protocol which currently has more than $10 million locked in its contracts, allows users to borrow and lend cryptocurrencies without “a bank account or credit card.” Last week, the Dharma protocol and platform went live as its mainnet became publicly accessible. According to Dharma’s development team, they’ve already “seen tremendous growth on both sides of the market.”

Will Litecoin Become Obsolete Due to Bitcoin's Lightning Network?

Litecoin (LTC), a proof-of-work (PoW)-based peer-to-peer (P2P) cryptocurrency which uses the Scrypt mining algorithm, instead of Bitcoin’s (BTC) SHA-256 mining algorithm, has been criticized for not having a legitimate use case. However, an experienced crypto enthusiast explains why LTC may be a lot more valuable than we might think.  

Cosmos Milestone: ATOMs Transfer Enabled, OKEx and Poloniex to Support PoS Token

Cosmos, a recently launched distributed ledger technology (DLT)-based platform developed mainly to facilitate blockchain interoperability, or communication between two separate and independent DLT-enabled works, has already seen more than $300 million staked on its network.  

Analyst Explains Bitcoin Futures' Relationship With BTC's Price

Joe McCann, a widely-followed cryptocurrency trader and analyst, has stated that the “recent breakout” for Bitcoin , the world’s most dominant cryptocurrency, “feels very real” to him.  

Dan Larimer: 'Would You Prefer a Centralized Heaven or Decentralized Hell?'

Daniel Larimer, the Chief Technical Officer (CTO) at Block.one, a Cayman Islands-registered firm that publishes open-source software and is also involved in the development of EOS, a leading platform for building decentralized applications (dApps), has argued that even decentralized (or distributed) networks have centralized components.  

Airdrop Venezuela: Raising $1 Million in Crypto for Humanitarian Relief

A new type of humanitarian aid campaign has been announced for the citizens of Venezuela, a South American nation which has been suffering from extreme levels of hyperinflation. Steve Hanke, the campaign’s manager, recently revealed in an interview that his charitable campaign, called “Airdrop Venezuela,” aims to help send cryptocurrency donations to Venzuela’s residents.

Bitcoin Supporters Recommend Suspending Controversial Pro-BCH @Bitcoin Twitter Account

WhalePanda (@WhalePanda), a widely-followed Twitter account that belongs to a user who’s well-known for being a Bitcoin (BTC) Maximalist, has suggested that the @Bitcoin Twitter handle should be suspended.  

Higher Proof-of-Stake (PoS) Rewards Proposed for Upcoming Ethereum 2.0 Upgrade

Anthony Sassano (sassal0x), the co-founder of EthHub, a “fundamentals-focused, open source, community-driven” organization dedicated to conducting Ethereum-related research, has revealed that a new proposal for Eth 2.0 has been submitted.  

Ethereum Classic Could Provide Security Services to Ethereum, Analyst Explains

Donald McIntyre, one of the most active communication coordinators in the Ethereum Classic (ETC) community, has drawn some interesting comparisons between ETC and Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps).  

Neutral Dollar Stablecoin Founder Explains How to Access Shared Liquidity Pools

Matthew Branton, the Founder and Chief Technology Officer at Neutral, a smart contract-enabled platform that provides various financial instruments for the cryptocurrency industry, has predicted that stablecoins will have “a tremendous impact on the future economy.”  

‘Securitization, Tokenization and Fractionalization of Real Estate,’ Explained by Carmen Benitez

Carmen Benitez, the Chief Executive Officer at Fetch Blockchain Ltd., a London-based firm that “specializes in blockchain technologies for land registries, government and property stakeholders,” has told CryptoGlobe that the nascent “crypto economy [represents] the new era for financial markets.” 

Massive 1.3 Million ATLS Token Airdrop Scheduled for Tokenized Travel Platform, Supported By Ontology

The developers of Ontology (ONT), a “distributed trust” network for building decentralized applications (dApps), had announced earlier that they would oversee the launch of Atlas’ initial exchange offering (IEO) on crypto trading platform, Coinsuper.    

Token Taxonomy Initiative Launched By Enterprise Ethereum Alliance, Microsoft

The Enterprise Ethereum Alliance (EEA), an organization focused on “developing open, blockchain specifications” and standards that enhance “interoperability for businesses and consumers,” is working with Microsoft on an initiative that will help companies issue the appropriate type of crypto tokens for their requirements.  

IOTA Partners with EVRYTHNG to Launch Distributed Ledger Tech-based IoT Applications

EVRYTHNG, an internet-of-things (IoT) platform that “activates every consumer product to make it intelligent, interactive and trackable,” has partnered with IOTA, a non-profit foundation which develops permissionless, distributed ledger technology (DLT)-based platforms.  

Coinbase Generated $520 Million in Revenue in FY 2018: Reuters

San Francisco-based digital asset exchange, Coinbase earned an estimated $520 million in revenue during FY 2018. This, according to a report from Reuters, which revealed that it was able to make a rough calculation, or approximation, of Coinbase’s global revenue based on the exchange’s growth and expansion into UK-based markets. 

$107 Million Startup Digital Asset Incorporates Smart Contracts Into HyperLedger Framework

Digital Asset, a New York-based firm that has received over $100 million in total funding in order to develop a platform for “reducing settlement latency and counterparty risk,” had announced a couple weeks back that it had open-sourced DAML “under the Apache 2.0 license.”  

Block.one Conceptualizes Passwordless Authentication & Authorization System

Block.one, a Cayman Islands-registered firm that publishes open-source software and protocols for EOS, one of the largest platforms for deploying enterprise-grade decentralized applications (dApps), has argued that “current methods of authentication suffer” from the “Hearsay Problem.”  

Justin Sun: TRON Aims to Get to 2,000 Dapps by the End of 2019

TRON Foundation, an organization focused on the ongoing development of Tron (TRX), one of the largest platforms for building decentralized applications (dApps), has argued that price “instability” in the crypto market “creates a lot of skepticism about the long-term prospects of the blockchain industry.”  

Beam Project CEO Explains Why Financial Privacy Is Important

Trade.io, a Zug, Switzerland-based developer of a blockchain platform for improving the world’s financial ecosystem, recently conducted an interview with Alexander Zaidelson, the CEO of the Beam project, a privacy-oriented cryptocurrency.  

'Great Returns' Possible on Uniswap, Dharma Labs Marketing Manager Explains

Max Bronstein, the marketing manager at Dharma Labs, a San Francisco-based organization that develops peer-to-peer (P2P) lending protocols for “generic tokenized debt agreements,” has argued that “trading is integral to any well functioning capital market.”

Turing Award Recipient's Blockchain-based Testnet Now Publicly Accessible

The test network, or testnet, for the Algorand blockchain platform is now publicly accessible. This, after receiving around $66 million in total funding in 2018 from several venture capital firms including Pillar and Union Square Ventures.  

LedgerX Is Planning to Launch Physically-Settled Bitcoin Futures Contracts, Awaiting Approval

The management at LedgerX, a newly developed cryptocurrency-based derivatives trading platform, is planning to launch physically settled Bitcoin (BTC) futures contracts. 

Binance Coin (BNB) Burn 'Completed,' Exchange Anticipates Increased Revenue

Crypto exchange Binance’s management team has announced that Binance Coin’s (BNB) 7th burn, for “the period between January 1st and March 31st, 2019,” has been completed.  

Blockstream, ING Work with Stanford Cryptographers on Privacy-Centric Bulletproofs

The blockchain-related development division at ING has been experimenting with “Bulletproofs,” a privacy-focused technology based on advanced cryptographic algorithms. 

Daniel Larimer: Delegated Proof of Stake Chains Can Be Upgraded More Easily than PoW Networks

Daniel Larimer, the Chief Technology Officer at Block.one, a Cayman Islands-headquartered firm which has raised over $4 billion in capital for various blockchain-related projects including EOS, has argued that proof-of-work (PoW) chains “will become completely centralized” in the future.

IMF, World Bank Launch 'Learning Coin' to Help Users Learn About Cryptographic Assets

The International Monetary Fund (IMF) and the World Bank have announced that they’re working on a private blockchain network that will implement a “quasi-cryptocurrency.”  

Web 3.0 Will “Redistribute Power and Wealth on the Internet”

Ryan Zurrer, the Director at the Web3 Foundation, an organization focused on the ongoing development of protocols that will power the internet of the future, has said that he is working on building core technologies that will operate on a serverless and decentralized web.  

Decentralized Finance: Comparing Liquidity Pools Across Maker, Augur, Dharma, Uniswap

Alex Evans, a research associate at Placeholder, has argued that “the success of Maker, Compound and Uniswap seems to have little to do with the range of use cases they enable.”    

$18 Million Cybersecurity Startup & Binance Work to Improve Exchange's Security

Malta-based digital asset exchange Binance has partnered with CipherTrace, a San Francisco-based firm that develops cryptocurrency anti-money laundering (AML) and blockchain “threat intelligence” solutions.  

Blockstack Seeking SEC Approval to Raise $50 Million for Developing Customer-Controlled Data Applications

Blockstack Token LLC, a “wholly-owned subsidiary” of Blockstack PBC, the developers of a “decentralized computing network,” have “filed an offering statement” with the US Securities and Exchange Commission (SEC).  

'World's First Smart Contract Firewall' for EOS Launched By SlowMist

Developers of EOSIO, an initiative supported by Block.one, a Cayman Islands-registered open-source software development firm with $4 billion in total funding (to date), have published a blog post, noting that they’ve carefully looked into improving smart contract security on EOS.  

Ontology Launches $20K Dev Incentive Program & 'First Formal Verification' System for Blockchains

The developers of Ontology (ONT), a “distributed trust” network for deploying decentralized applications (dApps), have introduced new type of incentive model for developers. They've also partnered with a firm to in order to improve smart contract and blockchain security.  

Former Google, PayPal Executive Joins Bakkt, ICE's Digital Asset Focused Subsidiary

Kelly Loeffler, the CEO at Bakkt, a digital asset focused company launched by Intercontinental Exchange (ICE), the owner of the New York Stock Exchange (NYSE), the world’s largest stock exchange, has revealed that Mike Blandina, a former PayPal and Google executive has joined Bakkt as Chief Product Officer.   

Moonlighting Job Marketplace Moves 700,000 Accounts to EOS Blockchain

Moonlighting, a Charlottesville, Virginia-based online marketplace for “individuals and small businesses, enabling communication between those needing a task done and those capable of fulfilling the need,” has moved over 700,000 user accounts to the EOS platform.  

IOST Logs More Transactions than Ethereum, Only 1 Month After Mainnet Launch

IOST, an “application-friendly next generation public blockchain network,” is reportedly the first platform to launch an “application-ready mainnet” featuring “multiple live” decentralized applications (dApps).  

Ethereum Like 'Clean Canvas for Social Experimentation,' Aragon Founder Recommends Changes for Platform

Luis Cuende, the CEO at the Aragon One Team, a Switzerland-based firm that “encompasses the foundational team” focused on the ongoing developing of the Aragon project, an initiative that aims to “disintermediate the creation and maintenance of organizational structures,” has published a blog titled, “Making Ethereum great again.”  

TRON Foundation Introduces Zero-Fee Tokenization of Assets via Partnership with Swarm

Swarm, a blockchain-based development firm which provides “fee-free tokenization of assets” that generate dividends, has reportedly decided to allow financial service providers with “proper licensing” to launch security tokens on the Tron (TRX) blockchain.

Andreas Antonopoulos: Bitcoin (BTC) Can Still Be 'Attacked'

Andreas Antonopoulos, a widely-followed cryptocurrency advocate and Bitcoin (BTC) maximalist, has expressed concerns about the “insufficient levels of privacy and fungibility Bitcoin currently offers.”  

Facebook is Seeking $1 Billion in Funding for Its Cryptocurrency: Nathaniel Popper

Nathaniel Popper, the author of Digital Gold, one of the most popular books on Bitcoin (BTC), revealed via Twitter that Facebook is planning to get more venture capital firms to invest in the ongoing development of its cryptocurrency.  

'Programmable Financial System': Dharma Crypto Lending Protocol Goes Live

The developers of the Dharma protocol, which allows users to borrow and lend digital assets with “trustless collateralization in over 50 different ERC-20 tokens,” have officially launched their platform.  

Coinbase Pro Adds EOS, REP, MKR for Most Jurisdictions

San Francisco-based digital asset exchange Coinbase has announced that traders on Coinbase Pro, a trading platform for professional crypto traders, will support EOS, Augur (REP), and MKR.

$10 Billion Digital Asset Custodian Xapo Rebrands, Launches New App

Xapo, a Palo Alto, California-based financial services firm that provides “deep cold storage vault” solutions for Bitcoin (BTC) and other cryptocurrencies, has revealed that since 2014, it has been “safeguarding the funds” of over 1.5 million of its clients.  

Decentralized Finance Now A $430 Million Economic System

Approximately 2.5 million Ether (ETH), currently valued at around $444 million, have been locked in by smart contracts issued on decentralized application (dApp) networks. What is 'Defi' and why has this sector grown so fast?

EOS Records Over '87 Million Operations,' Other Major Upgrades Released

Daniel Larimer, the chief technical officer (CTO) at Block.one, a Cayman Islands-registered firm that managed the initial development of EOS, one of the world’s largest platforms for deploying decentralized applications (dApps), has revealed some important updates.  

TRON Preparing to Launch Layer-Two Solution, SUN Network for Faster Transactions

Justin Sun, the founder of Tron (TRX), a leading platform for building smart contract-enabled decentralized applications (dApps), has revealed that the SUN Network is “almost” ready to go live. 

Ran NeuNer: Cryptos Are 'Here to Stay,' Talk of Industry Collapsing No Longer an Issue

Ran NeuNer, the former host of CNBC’s popular Crypto Trader show, has said that Bitcoin (BTC) and other cryptocurrencies may no longer be considered a “bubble.” 

Monero's Lead Maintainer: Bitcoin will Become Global Reserve Currency

Riccardo Spagni, the leader maintainer of Monero (XMR), a leading privacy-oriented cryptocurrency, has said people who argue that Bitcoin (BTC) is the only cryptoasset that will survive in the long-term fail to realize that this goes against “human nature.”  

Zebpay CEO Ajeet Khurana: “In The Long-Term, We Might Have No More Than A Dozen Exchanges”

In the second part of our interview with Zebpay CEO Ajeet Khurana, we discuss the Indian crypto market, exchanges and customer surveillance.

TRON's Founder on More Efficient Stablecoins, Ethereum Collaboration

Justin Sun, the founder of Tron (TRX), one of the largest cryptocurrency platforms for deploying decentralized applications (dApps), recently noted that stablecoins have the potential to provide the infrastructure required to launch robust payment gateways.  

'Gold Is so Gone' as Bitcoin Is a Better Store of Value: Tim Draper

Billionaire venture capitalist Tim Draper has predicted that OpenNode, a multi-layered, Lightning Network (LN)-enabled Bitcoin (BTC) payment processing platform, will be widely adopted in the foreseeable future. Draper, an electrical engineering graduate from Stanford University, believes that the Bitcoin network will be able to compete with more established payment gateways, including those established by the VISA network.

Tron’s Ecosystem Has Surpassed 2.3 Million Accounts, 246 Decentralized Applications

The creators of TRON have released their latest Weekly Dapp Report which summarizes the key developments related to the platform’s decentralized applications (dApps) ecosystem. As noted in the report, there are now more than 2.3 million TRON accounts that have been created and there are 246 different dApps that have been launched on the Tron (TRX) blockchain network. 

Cosmos Network Now Has Nearly 100 Validators, 6-7 Second Block Times

After the recent launch of the Cosmos Hub, a highly anticipated proof-of-stake (PoS)-based network that primarily aims to facilitate blockchain interoperability, or communication between independent chains, the platform’s developers have released some important updates.

Ethereum Classic Hard Fork Atlantis to Go Live at Block 8,750,000

Donald McIntyre, one of the most active contributors to the ongoing development of Ethereum Classic (ETC), a Turing Complete and proof-of-work (PoW)-based platform for building decentralized applications (dApps), has published a blog post which recaps a discussion which took place among the platform’s developers.  

New Ethereum Development Funding, Donation Model Panvala Launched

The Panvala development team has released the Rinkeby Alpha MVP which can be downloaded by app.panvala.com. This is the “first publicly usable build of Panvala” that has been launched to “demonstrate” the core functionalities of the system, encourage developers to contribute open-source code to the project, and obtain feedback from end-users.  

Waves Releases Data Oracle Tools for Smart Contract-Enabled Blockchain Network

The developers of Waves (WAVES), a smart contract-enabled platform for creating decentralized applications (dApps), have released a new data oracle tool.

Three Key Considerations for Selecting Best Smart Contract Platform to Deploy Apps

During the historic cryptocurrency bull market of late 2017 and early 2018, when digital asset prices reached all-time highs, there were many initial coin offerings (ICOs) launched by issuing Ethereum-based ERC-20 compliant tokens.

Invisible Ink Paper Wallet for Storing Crypto, A Relentless 'Anomaly'?

MyCrypto, a company that develops products for the digital asset investors, has announced the launch of an “Invisible Ink Paper Wallet.” 

Augur & 0x Protocol Supported Betting Exchange Releases Alpha Version

The alpha testnet version of the BlitzPredict exchange has been launched and its mainnet is expected to go live in the “coming months.” 

Grayblock Explains Inherent Limitations of Proof of Work (PoW)

Grayblock, a “diverse group” of researchers with backgrounds in supply chain management and currently focused on building blockchain and internet-of-things (IoT) solutions, have compared and analyzed various distributed consensus algorithms.  

New Code: Augur Market Creators Can Better 'Understand' Significance of Timezones

The main contributors to the Augur (REP) project, one of the world’s largest decentralized prediction market networks, have revealed some important updates regarding the platform’s ongoing development. 

OKEx:Bitcoin Is 'not Cash' but Functionally Superior to Gold

The management at OKEx, a Hong Kong-headquartered digital asset exchange, have published a blog post in which they argue that Bitcoin (BTC) “might serve better as a store-of-value (SoV).”

Ontology: Over 1.5 Million Transactions Logged, 21 dApps Launched

Ontology (ONT), one of the world’s largest platforms for creating “distributed trust” based solutions, has revealed in its latest monthly progress report that its network size has now increased to eight consensus (transaction validator) nodes.

Thinking of Bitcoin as Money is 'Absurd', Here's Why

Twitter user Beautyon and widely-followed crypto blogger on Hackernoon has published a blog post in which he has argued that it would be “absurd” to think of Bitcoin (BTC) as money. 

How to Start Earning Now Using Proof of Stake Cryptocurrencies from Smartphones

The developers of Wetez wallet, a proof-of-stake (PoS)-based cryptocurrency wallet, have published an informative blog post in which they explained that users can “delegate” from directly within the wallet app they’re using - in order to “receive rewards directly in the wallet.”  

Bitfury-backed Wallet Lets Users Send Lightning Network Payments Without Running a Full-Node

The creators of the Bitfury-backed Lightning Peach wallet, which supports cryptocurrency transactions conducted through the Lightning Network (LN), a layer-two payment solution for expediting digital asset transfers, have released several important updates for their open-source software.  

Block.one Releases Open-Source Software for Crypto Wallet Ecosystem

Block.one, the Cayman Islands-registered software technology firm responsible for the initial development of EOS, a leading platform for building decentralized applications (dApps), has published a blog post in which it noted that crypto wallets are “a pivotal component in the path towards mass adoption of blockchain-based software.”  

Zebpay CEO Ajeet Khurana: “Far Less Than 1% Of World’s Population Has Participated In Crypto”

Ajeet Khurana, the CEO of Zebpay, a global cryptocurrency exchange with business offices in Malta, Rezeknes, and Latvia, can recall that in 2012, “the first exchange-like businesses” that were established had operated more like over-the-counter (OTC) setups.

Do Digital Non Fungible Tokens (NFT) Have a Unique Value Proposition?

Non fungible tokens (NFTs), which are cryptographic digital assets representing unique and non-interchangeable entities, appeared to attract a large number of users towards the end of 2017.  

Inconsistencies in dApp Data Reflects Immature State of Decentralized Networks

DappReview, a platform that provides performance and activity data for decentralized applications (dApps), has revealed that approximately “70,600 users spent” a total of “more than $11.1 million” (appr. 471.6 million TRX) on TRON network based dApps in the past 24 hours. However, a closer look and review of other dApp data sites suggests that usage statistics being reported may not be completely accurate. 

Digital Currency Group: '60% Cheaper to Invest' in International Markets, US Too Expensive

The Digital Currency Group (DCG), one of the “most active investors” in the crypto and blockchain industry, has revealed that it made “127 investments” between January 1st, 2016 and December 31st, 2018. 

Nearly $13 Million Now Staked on Bancor Network, 138 Tokens Supported

Bancor, a Zug, Switzerland-based firm focused on developing a “protocol for the creation of smart tokens” which can be traded through a decentralized exchange (DEX), has published its quarterly progress report (for Q1 2019). 

TrueGBP Stablecoin Launched, 'Real-Time Confirmation of Reserves' Coming Soon

TrustToken, a San Francisco-based privately held firm that provides “a platform to create asset-backed tokens” which can be actively traded on exchanges throughout the world, has launched a new stablecoin, called TrueGBP.

Cryptocurrency Will Be Limited to 'Bitcoin and its Forks': Owner of Luxury Crypto Concierge Service

Elizabeth White, the CEO of The White Company, a New York-based crypto concierge service for upscale clients that helped facilitate over $250 million in digital asset transactions last year, recently shared her insights regarding the future of financial markets in an exclusive interview with CryptoGlobe.    

Are Crypto Investors 'Indifferent' or 'Insensitive' Towards Hacks of Exchanges?

Dovey Wan, a prominent crypto investor and analyst, has argued that “the fact … a top exchange was hacked [recently] did not affect the crypto market” could mean that the evolving digital asset ecosystem is now “more robust” than it was during the “Mt. Gox age.”    

Do Blockchain-based Tokens Really Offer Anything New?

Galia Benartzi, the co-founder at Bancor, the developer of a protocol which specifies “a standard for the creation of intrinsically tradable tokens,” has said that the initial coin offering (ICO) “phase … has shown us that people can [easily] create tokens.” 

Pakistan to Draft Crypto Regulations, International Authorities Not Satisfied with Nation's Efforts

The Islamic Republic of Pakistan is reportedly planning to formulate a comprehensive set of cryptocurrency regulations. 

'Friction-Free' Future: Cryptos, Digital IDs May Reshape Global Economy

Leo Cheng, the co-founder and CEO at Machi X, a marketplace for “discovery and exchange” of intellectual properties (IP) and their rights, has predicted that “every product and service that lives in the digital world, which should be most things, will be tokenized in order to interact natively and more efficiently with an increasingly digitized world.” He also told CryptoGlobe in an exclusive interviews that the future will consist of "a hybrid" of centralized and decentralized networks.  

Altcoin Price Movements Suggest Potential Crypto Market Sentiment Reversion

The cryptocurrency market appears to be making a recovery as the prices of several altcoins surged by double-digit percentages (in the past few weeks). Bitcoin (BTC) price, the world’s most dominant cryptocurrency, also appears to be in recovery mode as it’s currently trading at above the $4,100 mark - according to CryptoCompare data.  

EOSIO Confirms Release of Resource Rental Contracts on EOS

EOSIO, one of the main contributors to the “development and enhancement” of EOS, one of the world’s largest platforms for creating decentralized applications (dApps), have confirmed that a “stable release” for EOSIO.contracts has been launched.  As noted by EOSIO, the latest release “focuses on issues primarily related” to the Resource Exchange (REX). 

TRON: Block Japanese IP Addresses to Prevent Use of Gambling dApps

TRON Foundation, the main organization supporting the ongoing development and day-to-day operations of Tron (TRX), one of the world’s largest platforms for building and deploying decentralized applications (dApps), published a blog post on March 31st, 2019 in which they have made some clarifications regarding creating gambling-related dApps. 

Stablecoins May Surpass Bitcoin’s Market Cap in 5 Years, BlockFi CEO Predicts

Zac Prince, the founder of BlockFi Lending LLC, a “secured non-bank lender” focused on providing cryptocurrency-backed USD loans to digital asset investors, has argued that “we are [transitioning] from a painful [crypto] bear market into an undecided market.” Prince told CryptoGlobe that “overall [his firm] remains incredibly bullish on the sector and believes” that bitcoin (BTC) price will be “between 25-200% higher at the end of 2019" than what it was at the start of the year. 

How Proof Of Stake (PoS) Algorithms 'Create Decentralized & Open Networks'

Hendrik Hofstadt, a Berlin-based software developer who has co-founded Certus One, Inc., a company focused on building “validator infrastructure” for proof-of-stake (PoS)-based blockchain networks, recently shared his views regarding the recently launched Cosmos platform with CryptoGlobe.  

'Thousands' of Decentralized Finance (DeFi) Projects Under Development: ConsenSys

The contributors at ConsenSys, a Brooklyn, New York-based Ethereum-related development studio, have published a blog post in which they have revealed that decentralized finance (DeFi) has “grown into one of the most active sectors” of the blockchain industry in 2019. Included in the evolving set of core technologies that now make up the globally accessible DeFi platforms are stablecoins,  and decentralized crypto exchanges. 

Cardano’s Charles Hoskinson: “We'll Seamlessly Move Information & Value Between Heterogeneous Systems"

Charles Hoskinson, the founder of Cardano (ADA) and CEO of IOHK, a tech firm that focuses on building blockchain and crypto-related software for “academic institutions, government entities, and corporations,” has argued that “we’re [still] looking for the bluetooth or wifi moment of our industry.”    

$280,000: 100,000 WAVES Awarded to Leading Developer on Waves Platform, TradiSys

The developers of Waves (WAVES), a leading blockchain-based smart contract-enabled platform for building and deploying decentralized applications (dApps), have revealed the recipient of their 100,000 WAVES (appr. $280,000 at current market prices) grant.    

BitMEX: Lightning Network 'Scalable to Many Multiples' of Current BTC Onchain Volume

The research arm of Bitcoin Mercantile Exchange (BitMEX), a Seychelles-registered and Hong Kong-operated crypto derivatives exchange, has published a report in which it reviewed the “market dynamics” of Lightning Network (LN) “routing fees.”

TRON Acquires 'Very First' Blockchain App Store, CoinPlay

The developers of Tron (TRX), one of the world’s largest networks for building and deploying decentralized applications (dApps), have made what appears to be their most significant long-term acquisition since acquiring BitTorrent last year. 

$100 Million Crypto Startup 'Liquidated' By Swiss Regulators, 'Illegal Activity' Confirmed

Envion, a Zug, Switzerland-based firm focused on developing “mobile blockchain mining” software, has been accused of “unlawfully receiving deposits” from approximately 37,000 investors. 

Stellar Inflation: Glitch Leads to 2.25 Billion Extra XLM Printed, Research Finds

Messari, a New York-based research firm has released a report in which it noted that the Stellar (XLM) platform had been affected by a software glitch. The glitch reportedly led to 2.25 billion extra XLM tokens (appr. $10 million at that time) being printed.  

Pakistan: Police Bust Bitcoin Ransom Kidnapping Scheme

Police officials in Lahore, Pakistan have reportedly uncovered a financial crime involving suspects who had kidnapped a local resident and had also demanded that a ransom be paid in Bitcoin (BTC). Notably, the criminals allegedly involved in the incident included Mazhar Abbas, who had been working as a phone operator in the office of Lahore’s deputy commissioner (DC). 

Grin’s Community Is Set to Vote on Proposed Hard Fork Roadmap Changes

The developers of Grin, a newly launched privacy-focused cryptocurrency, are reportedly considering making changes to the coin’s current hard fork (backwards incompatible) upgrade roadmap. One of the main goals of hard forking the Grin protocol is to ensure that the mining process remains decentralized (as much as possible). 

Coinbase Earn Adds Stellar, Plans to Distribute 1 Billion in XLM Tokens

Coinbase Earn, an initiative that allows users to “earn crypto while learning about crypto,” will now allow participants to “earn $50” of Stellar (XLM) for “learning about” the Stellar platform and also for “inviting” friends and peers to join the program. In total, the management at Coinbase Earn has committed to “giving out” 1 billion in XLM, the native cryptocurrency of the Stellar blockchain network. 

Alleged Crypto Fraudster Indicted for Defrauding Investors of Over $200,000

The US Attorney’s Office in the Eastern District of New York announced Tuesday a nine-count indictment against a Staten Island resident, named Patrick McDonnell. According to an investigation by the US Department of Justice (DoJ), McDonnell had allegedly solicited investments on Twitter and Facebook. However, the DoJ noted in a press release (published on March 26th, 2019) that the “defendant reportedly stole the money for personal use.”

Canadian Bitcoin Trader Reveals He Lost $75,000 With QuadrigaCX's Collapse

A Canadian cryptocurrency trader who previously traded on the troubled digital asset exchange, QuadrigaCX has revealed that he lost $75,000 after the trading platform began experiencing numerous problems.

Failed ICO Goes on Sale on eBay for $60,000

Sponsy, a blockchain-based platform that was being developed to help sponsors engage with their clients in a decentralized manner, has reportedly made its way to eBay, a leading e-commerce and online auctions site.    

Leading Bitcoin Cash Developer Quits Bitcoin Unlimited

Amaury Séchet, a prominent Bitcoin Cash (BCH) developer, has reportedly decided to “renounce” his membership and now previous role as one of the cryptocurrency project’s main contributors. 

6 Most Common Blockchain & Crypto Misconceptions, According to ConsenSys

The management and contributors at ConsenSys, a Brooklyn, New York-based Ethereum-related development studio, have published a blog post in which they’ve addressed several misconceptions about cryptocurrencies and blockchain technology.  

Ethereum Community Reportedly 'Overwhelmingly in Favor' of New Consensus Algorithm

Ethereum’s “Cat Herders,” a group of consultants reportedly responsible for “reviewing and finding an independent party” to carry out an audit on programmatic proof-of-work (ProgPoW), a new form of consensus algorithm for the Ethereum blockchain, have revealed how and why their team was assembled.   

OKEx Milestone: A Year Since Launch of Its OKB Utility Token

OKEx, a leading Hong Kong-registered and Malta-operated digital asset exchange, has announced that it has reached an important milestone. Notably, it has now been more than a year since OKEx introduced its globally accessible utility token, called OKB.  

Nearly Half of Justin Sun's Recent Followers May Be 'Bots,' Research Finds

A recent analysis conducted by Geoff Golberg, an online researcher, has revealed that a large percentage Tron (TRX) founder Justin Sun’s Twitter followers might be fake and/or bot accounts. According to Golberg’s investigation, most of Sun’s (mostly) new followers on Twitter are accounts that appear to be only a few days old.  

Billionaire Tim Draper: Bitcoin Is 'the Currency of the Future'

Billionaire venture capitalist Tim Draper recently made a rare appearance on a Facebook live Q&A session during which he shared his views and insights regarding current traditional financial markets and also offered some suggestions on how to sensibly invest in cryptocurrencies.  

Four More Suspects Arrested in $14.5 Million Cryptocurrency Scam in India

Mumbai, India’s city crime branch has reported that they’ve cracked down on another fraudulent cryptocurrency-related investment scheme. In this particular incident, Indian police officials have taken four additional male suspects into custody - after having uncovered what appears to be one of several new scams involving cryptocurrencies. 

ShapeShift CEO: Let's Not 'Cram Every Desirable Attribute into Bitcoin'

Erik Voorhees, an early cryptocurrency adopter and the CEO of ShapeShift, a leading cryptocurrency exchange, has argued that Bitcoin needs to be very conservative” and those contributing to ongoing development of the flagship cryptocurrency should refrain from “trying out every new idea.” Voorhees, the former owner of crypto gambling website SatoshiDice, noted that “Bitcoin can’t be optimized for every variable.” 

Binance Launchpad to Hold Token Sales in New Lottery-Based Format

The developers of Binance, the world’s largest cryptocurrency exchange in terms of trading volume, have announced that they will be introducing a new type of “lottery format” for the next crypto project that will be released through Binance Launchpad. The exchange operator’s launchpad is a platform that allows companies to more effectively market and conduct their token sale.  

Nexo Starts Letting Investors Earn 6.5% Interest on 5 Stablecoins

Nexo (NEXO), a Zug, Switzerland-based startup that provides “instant” cryptocurrency-backed loans, has announced that it will start paying interest on five different stablecoins. Established in 2017 and having received $52.5 million in total funding (to date), the Nexo lending platform reportedly offers 6.5% interest, compounded annually and “paid out daily,” on Dai, Paxos Standard Token (PAX), Circle’s (USDC), Tether (USDT), and TrueUSD (TUSD).

Tor Project Starts Accepting Donations in 9 Different Cryptocurrencies

Developers of the Tor Project, Inc, a Massachusetts-based non-profit entity focused on research and educational initiatives related to “maintaining software” for the Tor anonymity network, have reportedly decided to start directly accepting donations in cryptocurrency. Those looking to donate to the ongoing development of the Tor privacy-oriented network can now make donations in nine different cryptocurrencies. 

PwC Partner: Central Banks Should First Let Private Corporations Experiment With Cryptocurrencies

Pauline Adam Kalfon, a partner at PricewaterhouseCoopers’ (PwC) division in France, has argued that the process of issuing digital currencies (in this case, cryptographic currencies) should be handled by private entities such as Facebook and JPMorgan.  

95% of Reported Bitcoin Trading Volume Is 'Fake': Bitwise Report

A recent study conducted by Bitwise Asset Management has revealed that as much as 95% of spot Bitcoin (BTC) trading volume has been “faked” - as it’s being inaccurately reported by loosely regulated (or unregulated) digital asset exchanges. Founded in 2017, Bitwise Asset Management is a privately-held, San Francisco-based crypto research firm that also serves as a “trusted partner to individuals, wealth managers, family offices, investment managers and institutions.” 

BitMEX CEO: Bitcoin's Price Will Reach $10,000 Before End of 2019

Arthur Hayes, the co-founder and CEO of Bitcoin Mercantile Exchange (BitMEX), a Seychelles-registered and Hong Kong-operated crypto derivatives trading platform, has predicted that Bitcoin (BTC) price will surge to $10,000 during this year. Hayes, a Wharton School of Business graduate, had previously forecasted that Bitcoin’s price would hit $50,000 by the end of 2018. 

There Are Companies Investing 'Hundreds of Millions of Dollars' into Blockchain Projects, Coin Stats Founder Reveals

Narek Gevorgyan, the co-founder at Coin Stats, a cryptocurrency research and portfolio management solution, has said that “it will take some time for bitcoin and [the larger] cryptocurrency market to go to new highs again.” 

'Strong Signals': Crypto Winter Might Be Over, Bitcoin Could Surge Past $100,000, Analyst Argues

Naeem Aslam, the chief market analyst at ThinkMarkets, a financial services firm focused on forex, equities, and cryptocurrencies, has noted that “questions are being asking constantly when it comes to Bitcoin’s (BTC) battle with the $4,000 mark.” 

Weiss Crypto Ratings' Villaverde: 'We'll Be Buying Fractions of A Property' in Seconds, By Pressing A Button

Juan M. Villaverde, an econometrician focused on developing various crypto index models at Weiss Cryptocurrency Ratings, has said that the digital assets industry is currently lacking “a robust and liquid derivatives market and trusted trading platforms that can create the liquidity.” 

Malicious Malware Program Hidden Under Fake Wasabi Bitcoin Wallet Links

Crypto scammers have reportedly created a fake website that contains several links to download the widely-used Wasabi Bitcoin wallet. 

Tron's 'Four Major Developments' Including zk-SNARKs to Launch By Q2 2019

The developers of Tron (TRX) are reportedly planning to release a set of upgrades and new tools to enhance the blockchain network’s functionality.

Important Tezos Milestone: First Round of Voting on Protocol Amendments Completed

Tezos, a “self-amending” blockchain network, has reportedly completed its first round of voting, which was being conducted in order to determine whether the cryptocurrency’s community is in favor of initiating a set of upgrades to Tezos’ blockchain. 

First Time Ever: Caspian Launches Crypto Futures & Options Trading via Partnership with Deribit

Caspian, a “full-stack” cryptocurrency trading, portfolio and risk management network for professional (or accredited) investors, has announced that it has “integrated its platform” with Deribrit, a digital asset futures and options exchange.

Augur is 'Being Gamed' By Malicious Actors Placing Bets On Impossible Outcomes

Augur (REP), one of the largest decentralized prediction market platforms, reportedly has a vulnerability which was recently exploited by several bad actors.

Diar: Over $300 Million Now Staked on Cosmos, Only A Week After Launch

According to Diar’s estimates, “over 80% of the validator slots picked up with the network” and there’s now more than $300 million that has been staked on Cosmos’ blockchain platform.

BlockFi Receives $25 Million in Crypto Deposits in Just 2 Weeks After Launching Lending Products

BlockFi Lending LLC, a New York-based “secured non-bank lender” that provides cryptocurrency-backed loans in USD to digital asset investors, has revealed that its interest-generating deposit accounts have received over $25 million in cryptocurrency. 

Fortune 500 Electronics Firm Avnet Now Accepts Cryptocurrency Payments

Avnet, Inc., a Phoenix, Arizona-based Fortune 500 company and one of the world’s largest distributors of electronic components, has started accepting cryptocurrency payments.

Security Alert: Malicious Malware Detected in Cryptocurrency And Forex Trading Software

Israel-based fintech firms that develop cryptocurrency traQding and forex-related products have reportedly been targeted by malicious malware programs. 

Circle Co-Founder: 'It's Critical' Crypto Companies Use Open Standards to Develop Compliant Products

Jeremy Allaire, the co-founder of Circle Internet Financial, a Boston, Massachusetts-based finance company “built on blockchain technology and powered by cryptoassets,” has argued that as the crypto market continues to grow and evolve, there will likely be increased stablecoin adoption.

Ethereum Core Developer: 'Building Better Human Institutions' is Most Important Use Case for Blockchain

Lane Rettig, an Ethereum developer, has said that cryptocurrency “prices and usage were completely decoupled in 2017 and into last year.” He also argued that this “may still largely be the case today.” 

Hacked Exchange Cryptopia Enables Trading in 40 Different Currency Pairs

New Zealand-based digital asset exchange, Cryptopia has reportedly resumed trading on its exchange as it is now allowing 40 different trading pairs.

Switzerland's Largest Online Retailer is Now Accepting Cryptocurrency Payments

Digitec-Galaxus, Switzerland’s largest online retail company, has reportedly decided to start accepting bitcoin (BTC) payments.

1.2 Million Ethereum dApps Have Used A Free Security Tool to Prevent Bugs

Over 1.2 million Ethereum (ETH)-based decentralized applications (dApps) have reportedly used a security software program, developed by Amerdata (in October 2018), to prevent potential software bugs from adversely affecting their operating systems. 

$1.4 Trillion in Bitcoin (BTC) Transacted Last Year, $15,000 Average TX Size, Fintech Entrepreneur Reveals

Catherine Wood, the founder and CEO of ARK Investment Management, a New York-based firm focused on “thematic investing” such as “Industrial Innovation” and the ”Next Generation Internet,” has argued that Bitcoin (BTC) should be a part of every portfolio.

Charles Hoskinson: 'We're Going to Have Some Difficult Financial Times Ahead'

Charles Hoskinson, the founder of Cardano (ADA), a decentralized public blockchain network for building smart contract-based applications, recently noted that the US national debt has now surpassed $23 trillion and that he thinks American leadership is becoming “more and more incompetent.” 

Ethereum's Developers Decide to Implement ProgPoW on the Platform's Blockchain

Developers of Ethereum (ETH), the world’s largest platform for creating decentralized applications (dApps), have reportedly decided to move forward with their plans to implement programmatic proof-of-work (ProgPoW). 

43 Vulnerabilities Detected in Major Cryptocurrency Platforms: Report

Thirteen cryptocurrency and blockchain-related firms have received 43 different vulnerability reports in the past month - according to an investigation carried out by security researchers. 

Why Most Educated People Fail to Understand Bitcoin

Misir Mahmudov, a widely-followed and respected bitcoin (BTC) analyst, has argued that “most educated people fail to appreciate bitcoin because they only specialize in one field."

Monero (XMR) Strengths, Weaknesses, Opportunities, Threats: Analysis

An outreach organizer for privacy-oriented cryptocurrency Monero (XMR) has published a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis for the digital asset project. 

Japanese Hacker Arrested for Stealing Over $130,000 in Cryptocurrency

An 18-year-old Japanese citizen has reportedly been taken into police custody for allegedly stealing ¥15 million (appr. $134,300) in cryptocurrency. 

Bitfury Continues to Help Expand Lightning Network (LN) Coverage With HadePay Partnership

Full-service blockchain development firm, Bitfury has reportedly partnered with HadePay, a US-based payments processing company, in order to help merchants accept payments made using the Lightning Network (LN).

Altcoins Are Trending Again, Matching Interest Levels Seen During Last Bull Run

Several analysts have argued recently that altcoins are performing relatively well when compared to previous months which saw some cryptocurrencies lose as much as 90% of their value (from all-time highs set in late 2017). 

Brock Pierce: Security Tokens Are 'Next Wave of Evolution in Capital Markets'

Brock Pierce, an American entrepreneur who was previously involved with the EOS project (mostly prior to its launch), has said that “we’re going to see big things being built, multiple [decentralized] applications hitting a million users.”

Binance Coin (BNB) to Be Accepted on Loom Network's Gaming Apps

Loom Network (LOOM), a blockchain-based ecosystem for developing online games and social media apps, has announced that it will be supporting Binance Coin (BNB) as a payment method. According to Loom Network’s management, the BNB token will be accepted as payment across various applications on its PlasmaChain platform. 

Key NEO 3.0 Component, dBFT Ver 2.0 Released, Soon to Be Deployed to Testnet, Mainnet

Erik Zhang, the co-founder of NEO, one of the world’s largest platforms for building and deploying decentralized applications (dApps), has revealed that NEO blockchain’s consensus algorithm, the delegated Byzantine Fault Tolerance mechanism (dBFT) version 2.0 has been updated. 

$2.4 Billion: OKEx's Crypto Derivatives Market Sets Global Daily Trading Volume Record

Malta-based cryptocurrency exchange, OKEx has revealed that its platform recently “recorded a breaking number of 24-hour trading volume in contract market” at approximately $2.4 billion. 

The World’s First Nasdaq-Powered Full-Stack Cryptocurrency Ecosystem to Go Live in H1 2019

Nasdaq, the world’s second largest stock exchange with a market capitalization of over $10 trillion, and Bcause LLC, the developer of the very first “full-stack cryptocurrency ecosystem” have announced that Bcause’s markets will be integrated into Nasdaq’s proprietary order matching engine. 

Joseph Lubin: Decentralization to Allow Content Creators to Receive Better Compensation

Joseph Lubin, the founder of ConsenSys, a Brooklyn, New York-based “venture production studio” focused on “building and scaling tools” and “enterprise software products” for Ethereum, has said that “we’re seeing an astonishing range of industries interested in blockchain.” 

Pakistani Bitcoin Scammers Arrested for Allegedly Stealing $250,000 from Chinese Investors in Dubai

Police officials in Dubai, United Arab Emirates’ business and financial hub, have reportedly charged three Pakistani citizens for allegedly stealing approximately $250,000, or 1 million Dirhams (AED), from a group of Chinese expats.    

Tron Founder Justin Sun Announces $20 Million Free Cash Airdrops & Tesla Giveaway

Justin Sun, the founder of Tron (TRX), a leading platform for developing and deploying decentralized applications (dApps), is reportedly planning to launch a $20 million airdrop and the former Ripple Labs employee also intends to give away a free Tesla automobile.

Ethereum's Proposed ProgPoW Mining Algorithm Is Solving 'Non-Existent' Problems: Report

The developers of programmatic proof-of-work (ProgPoW), a proposed modification to the Ethereum network’s current PoW-based consensus mechanism, reportedly aim to use mining algorithms that are best-suited for GPUs.  However, prominent crypto investors have argued that ProgPoW is attempting to solve problems that do not practicsally exist.

Blockchain Trust Firm Paxos to Launch Precious Metal-Backed Stablecoin Later This Year

Paxos Technology Solutions LLC, a New York-based fintech firm that is focused on “mobilizing” money, gold, securities, and other assets at “the speed of the internet,” is reportedly planning to introduce a digital token that will be backed by precious metals such as gold. 

Owner of Dubai's Tallest Building, Burj Khalifa to Launch Initial Coin Offering (ICO)

United Arab Emirates-based Emaar Group, a billion dollar real estate development firm focused on launching large-scale projects such as the Burj Khalifa, the world’s tallest building, is reportedly planning to introduce its own crypto-based token.    

'false Top-up' EOS Vulnerability Detected by Chinese Cybersecurity Firm, Confirmed by Okex

EOS, one of the world’s largest platforms for building and deploying decentralized applications (dApps), might be vulnerable to an attack - according to Chinese cybersecurity firm, SlowMist Technology Co. Ltd. 

Binance CEO Highlights Luxury Property Auction Accepting Bitcoin and Binance Coin (BNB)

Changpeng Zhao, or “CZ”, the CEO of Binance, one of the largest cryptocurrency exchanges in terms of trading volume, has tweeted to his nearly 300k followers that “the world's first live property auction using cryptocurrency” will be held live next month. 

The Best Cryptocurrency & Blockchain Companies to Work for in 2019: Breakout List

ConsenSys, a Brooklyn, New York-based Ethereum-related development studio, has published a blog post which explains how a list of the top startups (based on their “high potential impact”) was compiled. 

'What's Good for Crypto Exchanges is Good for the Industry', Blockchain Professional Explains

Adam Cole Jacobs, the co-founder and CEO of Spend.com and Bitsdaq, a newly launched digital asset exchange supported by leading crypto exchange company, Bittrex, has said that one of the main “challenges facing the cryptocurrency industry is security threats from untrustworthy exchanges.” 

Texas Lawmaker Proposes Banning Anonymous Cryptocurrency Transactions

Phil Stephenson, a Republican member of the Texas House of Representatives, has submitted a bill that would require residents of the US state to provide identity verification information before conducting cryptocurrency transactions.

Marshall Islands Reportedly Getting Close to Launching its 'Sovereign' Cryptocurrency

The Marshall Islands, which is an island country and also a United States associated state, is reportedly planning to launch its own cryptocurrency, called the “SOV”, at some point during this year. However, there is currently a considerable amount of ongoing development work that needs to be completed before Marshall Islands’ sovereign digital currency can be introduced. 

About 7,500 Ethereum Addresses Contain Over 80% of Total ETH Supply: Report

There are currently 7,572 Ether (ETH) addresses that reportedly hold more than 80% of the total circulating supply of the world’s second largest cryptocurrency. This, according to a report published on March 7th by cryptoasset research firm, Delphi Digital which revealed that over 80% of Ether’s total circulating supply is held by wallets which have a balance of at least 1,000 ETH. There are presently 7,572 ETH addresses with a minimum 1,000 ETH balance.

Fidelity Digital Assets' Bitcoin Custody Services Go Live for 'Eligible Clients'

Fidelity Investments Inc., a Boston, Massachusetts-based multinational financial services corporation with over $2.46 trillion in assets under management (AUM), has announced that “a select group of [its] eligible clients” will now have access to its digital asset products. These few clients currently include qualified “hedge funds, family offices, pensions, endowments, [and] other institutional investors”, according to a recent update from Fidelity Digital Assets.

Ethereum Has Twice As Many Active Developers As Bitcoin: Report

There are reportedly more developers working to improve the Ethereum (ETH) protocol and its blockchain platform than any other cryptocurrency network. This, according to a report published on March 7th by digital asset management firm, Electric Capital in which it noted that more than 20,000 code repositories and 16 million Github commits had been fingerprinted.

Rhett Creighton: In 20 Years, 'Most Humans Won't Own Any Crypto' Or Need Jobs

Rhett Creighton, a prominent member of the crypto community who previously made contributions to the Bitcoin Core codebase, has argued that “nothing compares with the proof-of-work (PoW) security of Bitcoin” Creighton, a nuclear engineering postgraduate from MIT, told CryptoGlobe that the “worst and least secure PoW networks are the ones with low hashrate and an algorithm that is used on a network with higher hashrate.”

NEM Foundation Reveals Its Project Roadmap After Receiving $8 Million in Funding

The NEM Foundation, a non-profit entity focused on the ongoing development of the NEM (XEM) cryptocurrency platform, had reportedly acquired $8 million in funding in February to help cover its business operations. However, the NEM Foundation is also close to filing bankruptcy due to the prolonged crypto bear market which has seen the prices of most major digital assets drop by over 80%.  

Over 5,000 Blockchain-Related Job Listings Were Posted on Recruitment Sites: Report

Although the prolonged crypto bear market has wiped off hundreds of billions of dollars from the market capitalization of most major digital assets, the demand for qualified blockchain developers appears to be increasing. This, according to a recent report which revealed that the US-based companies had posted 2,616 blockchain-related jobs on Glassdoor, a leading online  recruitment site.  

OneCoin: Authorities Arrest Alleged Leader of $3.7 Billion Crypto Pyramid Scheme

The developers of “OneCoin” have been charged by the US District Attorney for allegedly promoting a fraudulent cryptocurrency-related pyramid scheme. According to a notice published on March 8th by the US Attorney Office of the Southern District of New York (SDNY), Mark Scott and Konstantin Ignatov, who are the founders of OneCoin, were taken into police custody on March 6th, 2019 in Los Angeles, California. 

Australian Resident Arrested After Allegedly Being Involved in Cryptocurrency-Related Drug Trafficking

An Australian citizen has reportedly been taken into police custody and the registrations of two local digital asset exchanges have been suspended - as Australia’s Federal Police (AFP) is currently conducting what appears to be an organized crime. The Australian Transaction Reports and Analysis Centre (Austrac) has also joined the AFP in its investigation. 

MakerDAO's Token Holders Vote in Favor of Increasing DAI Usage Fees

The users and holders of DAI, which is MakerDAO’s USD-pegged, Ethereum-based stablecoin, have reportedly voted in favor of increasing the costs associated with Maker’s algorithmic lending program. DAI’s investors voted to increase the “DAI Stability Fee” which will effectively raise the total cost to users for accessing the stablecoin-based lending program from the current 1.5% to 3.5% of the transaction amount. 

Huobi's Derivatives Markets Platform Surpasses $50 Billion 'Cumulative Volume'

Huobi’s cryptocurrency derivatives market trading platform, Huobi DM, has reportedly seen its “cumulative trading volume” surge to over $50 billion since its beta version was introduced in December 2018.

Ethereum Block Generation Rate Increases as 'Difficulty Bomb' Is Diffused as Expected

Only a week after the two near-simultaneous hard fork upgrades, Constantinople and St. Petersburg, were successfully activated, the rate at which new blocks are being generated on the Ethereum network has increased significantly. Data from Etherscan shows that the 24-hour block count on the Ethereum network has increased by more than 1,500 blocks - after the codebase modifications associated with the Constantinople and St. Petersburg forks went live.

Casa's Head of Strategy Explains Sovereignty-as-a-Service for Cryptocurrencies

Alena Vranova, the head of strategy at Casa Inc., a New York-based startup that helps consumers securely store cryptocurrencies, recently shared her views and insights with CryptoGlobe. Vranova, the founder and former CEO of SatoshiLabs, a company that developed TREZOR, the original and leading bitcoin hardware wallet, confirmed that developers throughout the world are “working like crazy” to further develop and improve the Lightning Network (LN) protocol.

NEM's Venture Capital Arm Invests $500,000 in Cryptocurrency Savings Platform

First introduced in March 2015, NEM (XEM), a leading blockchain-based platform, has experienced its share of challenges in recent months. In late January 2019, the NEM Foundation, one of the primary organizations supporting the ongoing development of NEM, revealed it was getting close to filing for bankruptcy. However, NEM project's venture capital arm, NEM Ventures recently invested $500,000 in Vimba, a crypto-related payments solution company.

Block.one CEO: USD Will Become 'Programmable' Because of Blockchain Infrastructure

Brendan Blumer, the 32-year-old CEO of Block.one, a Cayman Islands-registered software development firm that help create EOS, one of the leading platforms for deploying decentralized applications (dApps), has said that in its simplest form, blockchain technology is “a [very] secure way to send and store data.” 

QuadrigaCX Co-Founder Reportedly Took Large Positions on BitMEX

Michael Patryn, a co-founder of the troubled digital asset exchange QuadrigaCX, may reportedly have some links with Reddit user u/MikeXBT, who has often posted threads on Reddit in which he boasted about conducting large volume trades on BitMEX. The Seychelles-registered and Hong Kong-operated Bitcoin Mercantile Exchange (BitMEX), the world’s largest cryptocurrency derivatives trading platform, is mainly used by highly professional traders to engage in large trades.

Bitcoin 'Drives Nearly Everything in the Crypto Market': Prominent Analyst

Luke Martin, a widely-followed cryptocurrency trader and analyst, has argued that the “correlation between bitcoin (BTC) and altcoin/BTC price [remains] high.” According to Martin’s assessment, the strong correlation between altcoin/bitcoin and bitcoin/USD value is “true historically and currently.” In other words, if bitcoin is rising, then most altcoins also rise against the bitcoin price, Martin noted. 

Why Proof-of-Work is Better Than Proof-of-Stake: Ethereum Classic Labs Tech Coordinator

Stevan Lohja, the technology coordinator at Ethereum Classic Labs, has argued that proof-of-stake (PoS) consensus algorithms are a “red herring for incorporated through blockchain.” In his interview with CryptoGlobe, Lohja explained: “Proof-of-work (PoW) has miners that stake in hardware, energy, and investment. By definition, anyone storing value on chain has a stake in the chain. PoS chains are incorporations through blockchain....." 

Crypto-Powered Brave Browser Surpasses 20 Million Downloads

The adoption rate of the new Brave internet browser, which pays users in crypto, appears to be growing steadily as it has now been downloaded over 20 million times. As crypto enthusiasts know, the Brave browser is one of many newly developed online programs that intends to “fix the internet” by improving the user experience. 

Huobi's Over-the-Counter (OTC) Trading Desk Adds XRP

Singapore-based digital asset exchange, Huobi has announced that it will begin supporting XRP trading through its over-the-counter (OTC) exchange.    

PwC Report Links Crypto Exchange WEX to Iranian Ransomware Operators

Controversial crypto trading platform, World Exchange Services (WEX) has reportedly been involved in orchestrating various ransomware attacks - in order to allegedly acquire and facilitate the transfer of illicit funds. “Big Four” professional services and auditing firm, PricewaterhouseCoopers (PwC) released a report recently in which it revealed that two Iranian residents may have developed a SamSam ransomware variant. 

Kaspersky Lab's Head of Commercialization: We 'Continue to Monitor' Cryptojackers & North Korean 'Threat Actors'

Vitaly Mzokov, the head of commercialization at Kaspersky Lab, a leading Moscow-based global cybersecurity and anti-virus solutions provider, recently shared his views with CryptoGlobe regarding the main security threats related to decentralized cryptocurrency platforms such as the Bitcoin (BTC) network. 

Venezuelans Trade $60 Million in BTC in 2019, But Local Resident Says Cryptos Not Widely Used

Bitcoin (BTC) trading volumes on LocalBitcoins, a leading peer-to-peer (P2P) cryptocurrency exchange, have increased significantly in countries suffering from political and economic uncertainty. Since the beginning of this year (January 1st, 2019), 160 billion bolivars (appr. $63 million) worth of bitcoins have been traded on LocalBitcoins by Venezuela’s citizens.

Ontology to Give 1,000 ONG in Rewards to Select Users for Asking Questions via Twitter

Ontology (ONT), a leading blockchain-based cryptocurrency platform that focuses on developing a “distributed trust network”, has announced that users on social media may ask questions related to the platform’s latest updates starting “before 23:59 on March 23:59 on March 10th (UTC).” 

'Big Four' Accounting Firm EY Launches New Crypto Tax Software

Ernst & Young LLP (EY), one of the world’s largest professional services and accounting firms, has launched the “EY cryptoasset accounting and tax” (CAAT) tool - which is reportedly a software program that allows users to calculate how much they owe in taxes “for cryptocurrency transactions.” 

Chris Burniske: 'Spouting Ideologies' Will 'Turn Away' Many Potential Mainstream Crypto Users

Chris Burniske, partner at Placeholder, a “thesis-driven” venture capital firm focused on investing in “decentralized information networks”, has argued that the crypto industry is “not seeing mainstream user traction, but it is seeing mainstream developer.” 

Bitcoin Transactions Are Approaching Highs Set During Crypto Market Bull Run

Total monthly Bitcoin (BTC) transactions have reportedly exceeded levels set during January 2018 and might be on track to record an all-time high. Notably, total BTC transaction volume has increased by about 34% since the beginning of this year (January 1st, 2019). 

Cardano Co-Founder Hoskinson Praises Ethereum Classic's Developers, Criticizes Lubin's Management of ConsenSys

Charles Hoskinson, the CEO at Input Output HK (IOHK), a research and development (R&D) company focused on the development of cryptographic algorithms and distributed systems, has said that the Ethereum Classic (ETC) project may indirectly help the Ethereum (ETH) network by allowing it more easily transition from proof-of-work (PoW) to proof-of-stake (PoS)-based consensus.

Crypto Firms Reportedly Being Denied Banking Services By JPMorgan, HSBC

Cryptocurrency and blockchain startups have increasingly been receiving large amounts of investments from traditional financial institutions. However, these crypto-related firms have reportedly been denied banking services by JPMorgan Chase and HSBC Holdings Plc. 

TRON Network's TronBet App Records $41 Million Weekly Betting Volume

TronBet, a decentralized crypto betting platform built and deployed on the Tron’s (TRX) blockchain network, has recently experienced over $40 million in total volume in the past week. This, according to Twitter user vance (@iam_vance), who pointed out via the microblogging platform that the “top user” on TronBet had “wagered $98 million” and “the top 20 users” had reportedly “wagered $455 million” during the last seven days. 

Ethereum Foundation Head Explains Expanding Role of Non-Profit Organization

Ethereum Foundation, an organization focused on the ongoing development and maintenance of Ethereum (ETH), the world’s largest platform for creating decentralized applications (dApps),has expanded its role in recent years to focus on other blockchain-based protocols. Aya Miyaguchi, the executive director at the non-profit Ethereum Foundation, recently explained that the role of the organization has evolved over the years. 

Former ETCDEV Business Manager Explains Why Ethereum Classic 'Has Huge Potential'

Donald McIntyre, the former business development manager at ETCDEV, a company that focused on contributing to the ongoing development of Ethereum Classic (ETC), has said that Ethereum (ETH) is “not a valuable network except for experimenting.” McIntyre, the former vice president of giant financial institutions, Morgan Stanley and UBS, told CryptoGlobe that Ethereum (ETH) is only good for “testing and demonstrating what doesn’t work.”

Blockstream Releases New Lightning Network Software with Improved Performance, Documentation

Blockstream, a Canadian bitcoin (BTC) and blockchain-related development firm, has launched a new version of c-lightning, the company’s proprietary implementation of the Lightning Network (LN) protocol - which has become an increasingly popular layer-two payment solutions for cryptocurrencies.    

Crypto Investment Firm Circle Seeking $250 Million Ahead of Possible IPO

Founded in 2013, Boston-based fintech firm Circle Internet Financial is reportedly looking to raise $250 million in order to further expand its operations and product offerings. According to a report published on March 2nd by The Information, Circle’s fundraising round will consist of equity and debt financing. 

Bitcoin SV Supporter Crashes His Purple Lamborghini Into a Ditch

Andrew Laurence, a UK-based cameraman, had reportedly been driving to his job in London when he found a $500,000 Lamborghini that had crashed on the wrong side of the road. According to reports related to the incident, the luxurious vehicle, a Lamborghini Huracan Performance (SE 20 Viola Huracán Performante Edition), belongs to Michael Hudson, the CEO of Bitstocks, a crypto market advisory and management service.  

Ethereum's Developers Are Looking for Hard Fork Update Coordinators

Developers of Ethereum (ETH), the world’s largest blockchain-based platform for building and deploying decentralized applications (dApps), are currently looking for technical specialists that would help them coordinate the next system-wide hard fork upgrades for Ethereum. Last month, Ethereum core developer Afri Schoedon parted ways with the open-source project due to internal communication problems. 

Coinbase Reportedly Freezes Crypto Entrepeneur's Funds Over Regular Bitcoin Purchase

Alistair Milne, a prominent cryptocurrency investor and the chief information officer at the Altana Digital Currency Fund, recently revealed that US-based crypto exchange Coinbase had “frozen [his] transfer [of funds] for 72 hours.” Milne, an entrepreneur currently focused on Bitcoin-related startups, pointed out that he has a “fully verified Coinbase account since 2013.” 

US Federal Reserve Considers Adding Bitcoin Market Collapse to Stress Tests

The Federal Reserve System, an independent central banking system of the US, is currently looking into how to manage various “extraordinary” events - which could potentially have adverse effects on America’s traditional financial markets. In an official policy document, the Fed noted that collapse of the Bitcoin market may pose a threat to US financial markets, among several other factors.    

Why Cryptocurrencies Might Be Too Technical for Mainstream Facebook, Telegram Users

The world’s largest online messaging platforms are now “hoping to succeed” where digital asset and blockchain-related firms “have failed” by “introducing” cryptocurrencies to “mainstream consumers”, according to Nathaniel Popper, the critically acclaimed author of “Digital Gold, A History of Bitcoin.” 

Verge XVG's 'Destiny' & 'Reputation Destroyed' Due to 51% & 'Time Warp Attacks', Crypto Enthusiast Argues

Verge (XVG), one of the leading privacy-oriented cryptocurrencies, has now lost about 95% of its value when compared to its all-time high which was set during the historic crypto market bull run.

Crypoassets Author Chris Burniske: Less than 2.5% of Crypto Tokens Have 'Real Utility'

Chris Burniske, a partner at Placeholder, a “thesis-driven” venture capital firm that is focused on investing in “decentralized information networks”, has argued that business leaders have increasingly been turning to the “relative equity-capitalized, cash-flow extracting” markets. 

Indian Authorities Uncover $230,000 Fraudulent Crypto Investment Scheme

Police officials in India have reportedly apprehended Hardik Zadafiya, a local resident who has been accused of being involved in a fraudulent cryptocurrency-related scheme. According to the Times of India, four other individuals allegedly involved in the crypto-related crime have not yet been arrested. 

Ethereum Will Become "More Decentralized" with Proof-of-Stake, Says Co-Founder Joseph Lubin

Joseph Lubin, the co-founder of Ethereum and ConsenSys, a Brooklyn New York-based software technology firm dedicated to improving the Ethereum (ETH) platform, the world’s first blockchain-based network for developing decentralized applications (dApps), has said that “you get trust from decentralization, you get greater trust from greater decentralization.” 

Cryptocurrencies May Pose a Threat to Traditional Payment Companies, Analyst Argues

Lisa Ellis, a senior equity analyst and partner at MoffettNathanson LLC, recently argued that cryptocurrencies will most likely not replace more mainstream payment methods such as those offered by Paypal, Visa Inc. and Mastercard Inc (anytime soon). Ellis, an MBA graduate from the University of Virginia, wrote a note to her clients in which she stated that “as ludicrous as it may sound," we must closely watch the crypto industry.  

Everything You Need to Know for Ethereum's Hard Forks: Constantinople, St. Petersburg

Ethereum (ETH), the world’s largest platform for developing decentralized applications (dApps), is scheduled for a hard fork upgrade (or backwards incompatible update) in less than 12 hours from now. At the time Constantinople and St. Petersburg (two near-simultaneous hard fork upgrades for Ethereum) will be activated, Ethereum’s full-node operators or transaction validators will be required to update their client software to the latest version.

Tron Founder Justin Sun: Bitcoin Price to Remain in $3,000 to $5,000 Range

Justin Sun, founder and CEO of the Tron Foundation, an organization focused on the ongoing development of the Tron (TRX) platform, has predicted that the bitcoin (BTC) price will not increase significantly in the next 3 to 5 years.

Coinbase Partners with SoFi to Help it Provide Crypto Trading Services

San Francisco-based digital asset exchange, Coinbase has partnered with SoFi, an internet-based lending firm, in order to provide a cryptocurrency investment service. 

Meeting 'Increasing Demand': Switzerland's Financial Giant, Julius Baer to Offer Crypto Trading Services

Julius Baer, one of the largest and oldest financial institutions in Switzerland, has partnered with SEBA Crypto AG, “a pioneer in the banking industry” focused on bridging the gap between  “traditional and the crypto worlds.” 

Bitcoin Price May Retest Its Lows, Veteran Technical Trader Argues

Peter Brandt, an experienced commodities traders and crypto analyst, believes the price of bitcoin (BTC) will again test new lows. 

NEO Development Head: dBFT Consensus Protocol to Allow for 'True, Absolute Finality'

John deVadoss, the president at NGDS, an organization that supports the ongoing development of NEO, a leading blockchain-based platform for deploying decentralized applications (dApps), told CryptoGlobe that “developers [are motivated to] build on the NEO platform because of the market-leading innovation that it offers.” 

Bitcoin Whales Have Been Acquiring Large Amounts of Cryptocurrency in Past Two Months

The extended cryptocurrency bear market, which has seen the market capitalization of all digital assets drop from an all-time high of over $800 billion in late January 2018 to currently around $130 billion, appears to have motivated many crypto whales to accumulate large amounts of cryptoassets in the past two months.

India's Supreme Court Gives Government 4-Week Deadline for Submitting Crypto Regulations

India’s Supreme Court has reportedly refused to hold any additional hearings that involve cryptocurrency-related cases. The Supreme Court of India has also instructed the Union of India to develop a cryptocurrency regulatory framework within the next four weeks. 

BitRefill Executive John Carvalho: 'Many New Applications' to Be Built On Lightning Network (LN)

John Carvalho, chief communications officer at BitRefill, a Silicon Valley-based firm that allows users to “top up [their] mobile phone using Bitcoin”, has said that “there are many, many altcoins that could easily claim to be successful at many facets of blockchain, but I don't think any can claim to be more secure and safe than Bitcoin.” 

Blockstack Co-Founder: 'Massively Scalable' Distributed Systems are 'Extremely Well-Studied'

Muneeb Ali, the CEO and co-founder of BlockStack, a leading “decentralized computing platform” focused on “working towards taking the internet back to its decentralized roots”, has argued that “massively scalable distributed systems are extremely well-studied.”

High Frequency Trading Firms Have 'Highest Bitcoin Affinity', Analyst Argues

Su Zhu, the co-founder of Sensus Markets, a digital asset principal trading firm, has argued that companies focused on high-frequency trading (HFT), small family investment offices, and hedge funds have the “highest Bitcoin affinity.” 

Custodial Solutions Required for 'Widespread Institutional Adoption' According to Crypto Analyst

Alex Krüger, a prominent economist and trader, recently said that the “largest asset managers” have “little interest” in the cryptoasset market because it is “too small to accommodate their size and justify their time.” 

Anthony Pompliano: Cryptocurrencies are 'Being Built for Machines'

Anthony Pompliano, the co-founder of Morgan Creek Digital Assets, a leading crypto investment and advisory firm, recently argued via Twitter that cryptocurrencies are not meant, or not designed, for humans. Pompliano, a former US Army sergeant, told his followers on Twitter that “it is hard for humans to understand cryptoassets because these assets are not for us. They are being built for the machines.” 

Venezuelan Economist Keeps His Funds in Bitcoin, Converting to Fiat When Necessary

Carlos Hernández, a Venezuelan citizen and economist, recently revealed that he “keeps all [his] money in bitcoin.” Hernández explained that he does not own any Bolivars, Venezuela’s official fiat currency - as it reportedly suffers from a daily inflation rate of 3.5 percent and an annual inflation rate of 1.7 million percent (during 2018). 

TRON's TRX to Hard Fork by End of February, Justin Sun Reveals

Tron (TRX), one of the leading platforms for developing decentralized applications (dApps), is reportedly going to undergo a hard fork upgrade (backwards incompatible update) on February 28th, 2019. Justin Sun, the founder of the blockchain-based Tron platform, announced via Twitter on February 23rd, 2019: “#TRON will launch [version] 3.5 hard fork upgrade on 2/28."

Crypto Concierge Service CEO: 'Future Economy Will Be 100% Digital Asset Based'

Elizabeth White, the CEO and founder of the White Company, a New York-based company that provides the “opportunity for clients who hold wealth in cryptocurrencies to [anonymously] purchase luxury goods”, has said that we need to “encourage merchants to accept cryptocurrency” through “payment systems where they don’t have to worry about the volatility as they have the option to convert immediately to fiat.”

Ontology Development Platform Now Released on Google's Cloud Marketplace

The developers of Ontology (ONT), a “distributed trust network” that provides the technological “infrastructure” for implementing a “trust ecosystem,” have released the Ontology Development Platform on Google’s Cloud Platform Marketplace. According to an official blog post by the Ontology Team, the distributed trust platform is now among “one of the first public blockchains” to have launched a development platform on “leading cloud provider marketplaces.” 

World Economic Forum's Sheila Warren: Smart Contracts Won't 'Upend Legal Sector'

Sheila Warren, the head of blockchain and distributed ledger technology (DLT) efforts at the World Economic Forum (WEF), a Switzerland-based non-profit organization “committed to improving the state of the world”, recently shared her views and insights with CryptoGlobe regarding central bank digital currencies (CBDCs). Warren also explained what she thinks will be the potential role of smart contracts and DLT in future economies.

Stanford Researchers Propose Cost-Effective Privacy Protocol for Ethereum

Researchers at the prestigious Stanford University and Visa Research have created new privacy features for Ethereum (ETH)-based smart contracts. On February 20th, Stanford University’s applied cryptography group published a research paper that explains how the newly developed privacy protocols for ETH-based smart contracts can be integrated on the cryptocurrency’s blockchain network.

EOS' 4 Terabyte 'Blockchain Bloat': Analysts Claim EOS Has Critical Design Flaws

EOS Weekly, a “Crypto Twitter” account supporting the ongoing development of EOS, published a video earlier this week in which it expressed concerns regarding the relatively large size of data stored on the EOS blockchain. In response to various criticisms of the design of the EOS network, Tim Sweeney, the founder of the main company behind Fortnite, remarked (via Twitter): “What’s wrong with 4 terabytes (TB) for a global transaction ledger? That fits on a $200 hard drive.”

University of Michigan to Increase its Investment in Million Dollar Crypto Fund

The prestigious University of Michigan’s financial endowment fund has joined a growing number of institutional investors that have made substantial investments in the nascent digital asset market. 

Reddit Co-Founder: Investing in Cryptocurrencies Should Be a Long-Term Commitment

Alexis Ohanian, the co-founder of Reddit, has said that digital asset investors should not be discouraged by the prolonged crypto bear market - as he thinks it has helped in significantly  reducing the number of speculative traders and investors. 

Reasons to Be Bullish About Bitcoin & Other Cryptocurrencies, According to Prominent Economics Professor

Panos Mourdoukoutas, an economics professor at the University of Pennsylvania, has argued that there are “a couple of signs” that the current cryptocurrency market rally could be “sustainable.” 

Zcash 'Company' Changes Name to 'Zerocoin Electric Coin Company' for More 'Clarity'

The Zcash company, which supports the ongoing development of the Zcash (ZEC) platform, a leading privacy-oriented cryptocurrency, has rebranded to the Electric Coin Company. 

A New Way to Value Bitcoin: Tuur Demeester Introduces "New Tools"

Tuur Demeester, the founding partner at Adamant Capital, a bitcoin (BTC)-related investment firm, recently shared “new tools” to help investors more accurately “value” bitcoin and other digital assets. 

Bitcoin Usage is 'Really High At the Moment', eToro's Senior Analyst Reveals

Mati Greenspan, the senior market analyst at eToro, a leading social trading platform, has revealed that Google searches for bitcoin (BTC) have increased due to the current rally which appears to have run out of steam. 

Meltem Demirors: Trillion Dollar Consumer Credit Business is Branching Out Into Crypto

Meltem Demirors, chief strategy officer at CoinShares, a leading cryptocurrency treasury management firm, recently posted an informative thread on Twitter in which she noted that consumer credit is a “massive business.”

NEO Co-Founder: Ethereum Has 'Strongest Community of Developers'

Da Hongfei, the co-founder of NEO, a leading blockchain-based platform for developing smart contract-enabled decentralized applications (dApps), recently revealed that he believes the “whole world will [eventually] become digital.” 

dApps Already Built on Ethereum Show Its Potential, Even 'Without Scaling', Cybersecurity Professional Argues

Anthony Sassano, a “cyber threat detection expert” and the co-founder of EthHub, a “fundamentals-focused, open source, community-driven Ethereum research and resources hub”, has said that there are already legitimate use cases for Ethereum - even though the blockchain network has not been able scale effectively. 

'Very Difficult' to Call Bitcoin's Bottom Says Crypto Hedge Fund Manager

Alex Sunnarborg, the founding partner at Tetras Capital, a New York-based digital asset hedge fund with reportedly $30 million of assets under management (AUM), has argued that the prices of most major cryptocurrencies are still strongly correlated. 

eToro Survey: Over 70% of Millennials to Invest in Crypto if Offered by Institutions

Giant social trading platform, eToro has released the results of its market survey - which shows that over 40% of “millennial online traders” appear to have “less faith” in the performance of the traditional stock market - when compared to the digital asset market. 

Bitcoin Symbol Now Supported on Google Keyboard for iOS Mobile Devices

Alphabet Inc., the parent company of Google, the world’s leading search engine provider, recently decided to add support for the Bitcoin symbol on Google keyboards for Apple's mobile devices.

Billionaire Tim Draper: Only Criminals Will Use Fiat Money, As Cryptos Will Hit Mainstream in Next Few Years

Legendary billionaire venture capitalist, Tim Draper has predicted that in the next five years, fiat currencies will only be those involved in illicit activities. According to the well-known bitcoin (BTC) bull, cryptocurrencies will achieve mainstream adoption within the next few years - while fiat money will mostly be used by criminals. 

Altcoins Might Surge, As Bitcoin Dominance Drops Below 30%, Prominent Analyst Predicts

Galaxy (@galaxybtc), a widely-followed cryptocurrency analyst on “Crypto Twitter”, recently noted that he thinks bitcoin’s (BTC) market dominance might fall below 30%. 

XRP Has Started to Recover 'With a Vengeance', eToro's Senior Analyst Explains

XRP, the third largest digital assets in terms of market capitalization, has been “pumping hard” recently - as eToro’s senior market analyst, Mati Greenspan pointed out via Twitter. 

Bitmain Reportedly Suffered $500 Million in Q3 2018 Losses

Bitmain Technologies, the leading manufacturer of cryptocurrency mining hardware, reportedly lost approximately $500 million during Q3 2018. 

Bitcoin Price On Track to Record First Green Monthly Candle in Over 6 Months

Bitcoin (BTC), the world’s most dominant cryptocurrency, is currently on track to record a green monthly candle for the first time in over 6 months. 

Japan's Largest Online Retailer, Rakuten Might Consider Introducing Crypto Payments

Rakuten, one of Japan’s largest online retailers, is reportedly considering accepting bitcoin (BTC) payments. Rakuten, which is often referred to as Japan’s version of Amazon, could start processing bitcoin transactions through its mobile payment app. 

Spain's Central Bank: Bitcoin is Not an Effective Payment Method

Banco de España (BDE), Spain’s central financial institution, has released a report in which it noted that bitcoin (BTC) is not an effective medium-of-exchange (MoE).

BitTorrent Creator Advises Ethereum Developers to Not Switch to Proof-of-Stake

Bram Cohen, an American computer programmer and the author or peer-to-peer (P2P) file sharing protocol and software program BitTorrent, has advised Ethereum’s (ETH) developers to not switch to the proof-of-stake (PoS) consensus protocol. 

ErisX Tells Regulator's Why Ethereum Futures Would Create Better Markets

ErisX, a US-based digital asset exchange, has filed a comment letter with the US Commodity Futures Trading Commission (CFTC) - after the federal regulator had requested for more information regarding Ethereum (ETH)’s current market. Submitted on Friday (February 15th), ErisX’s letter asserted: “The introduction of a regulated futures contract on Ether would have a positive impact on the growth and maturation of the market.” 

Maker's MKR Token Has Risen 37% This Month, Outperforming the Crypto Market

Ether-based token maker (MKR) has recently started outperforming the larger cryptoasset market - as MKR has recorded a 37% net gain so far this month. At present, MKR tokens are trading $529.31 and the market capitalization of the maker platform stands at $529.3 million - making it the 17th largest cryptoasset - according to data from CoinMarketCap. On February 14th, each MKR token was priced at 4.6 ETH, which is notably the token’s highest valuation since October 8th, 2018. 

Bitcoin Is Money That Works '24/7/365', Unlike the Banking System, Analyst Argues

Clem Chambers, the CEO of ADVFN.com, a website dedicated to private investors, recently published a blog post in which he argued that bitcoin (BTC), the flagship cryptocurrency, is actually real money. Despite claims that bitcoin is not money, Chambers revealed in his post on Forbes that he has “made a lot of money out of crypto” and that he “can tell you categorically that” bitcoin has all the essential properties, or characteristics, of money. 

Buterin Addresses Concerns Regarding Potential Attack Vectors in Upcoming Ethereum Upgrade

Several Ethereum (ETH) developers have expressed concerns regarding a potential security vulnerability in a new type of smart contract creation feature - which will be integrated into Ethereum’s codebase in its upcoming Constantinople hard fork upgrade. In response to these concerns, Ethereum co-founder Vitalik Buterin stated (during a developers meeting on February 15th) that the scheduled codebase modifications will not create vulnerabilities on the Ethereum blockchain network. 

Digital Asset Marketplace StellarX Acquired by Leading Canadian Exchange Coinsquare

StellarX, a zero-commission decentralized cryptoasset exchange (DEX) deployed on the Stellar (XLM) blockchain network, has reportedly been acquired by Coinsquare, one of the largest digital asset trading platforms in Canada. Announced Thursday (February 14th), the acquisition was made in order to help StellarX comply with regulatory standards. 

Bitcoin Could Hit $1,165 Before Surpassing the $10,000 Mark, Analyst Argues

Twitter user Financial Survivalism , a cryptocurrency advocate and former insurance agent and financial advisor, predicted via Twitter that the bitcoin (BTC) price could drop to $1,165 in the near future. According to Financial Survivalism, who is now a full-time trader, the bitcoin price could continue to decline further due to what he refers to as the “Hyperwave” form of crypto price analysis. 

ICOs Raised 95% Less in January 2019 Than in Their Best Month, Data Shows

Investments in initial coin offerings (ICOs) have dropped by nearly 95% according to data from cryptocurrency analytics firm, Coinschedule. In March 2018, ICOs raised over $5.8 billion, however Coinschedule reported that the popular crowdfunding method attracted only $291 million in total investments during January 2019. 

NEO to Open New Development Office in Seattle Headed by Former Microsoft Exec

The developers of NEO, a leading Chinese blockchain-based platform for creating decentralized applications (dApps), are planning to open a new office in Seattle, United States. Last month, Erik Zhang, the co-founder of NEO, had said that NEO’s development team was in the process of making key improvements to the smart contract-enabled platform’s delegated Byzantine Fault Tolerance (dBFT) consensus protocol.

Grayscale Reports 'Slow' Business During Q4 2018, Company Still Raises $30.1 Million

Digital Currency Group subsidiary, Grayscale Investments reportedly raised $30.1 million during the last quarter of 2018. The New York-based investment company had raised a record $95.4 million during the same time period in 2017. 

Russian Minister: Cryptocurrencies Need Not Be Clearly Defined Under Current Regulations

Alexander Konovalov, a prominent lawyer and Russia’s Minister of Justice, has confirmed that the Russian Federation’s constitution and laws regulating the nation’s traditional financial system “categorically prohibit the use of the cryptocurrency as a means of payment.” Konovalov’s remarks came during the government hour which is a meeting regularly held in the country’s Federation Council. 

'Censorship Resistant' Upgrades to XRP Ledger to Go Live in Late February

American fintech Ripple Labs has released a major software upgrade for its XRP Ledger which has been labeled version 1.2.0. In an official company blog post (published on February 13th), Ripple noted that its servers will be upgraded - in order to automatically detect attempts made to censor transactions on the XRP Ledger. 

Bitcoin Core Developer Proposes Reducing Block Sizes to 300 KB

Luke Dashjr, an independent Bitcoin (BTC) Core developer, recently proposed that Bitcoin’s block sizes should be reduced from 1 MB (1,024 KB) to 300 KB. Dashjr, the co-founder of Blockstream, the “first ever Bitcoin-compatible sidechain which includes “confidential transactions integration”, has argued that a smaller block size could potentially make it easier for more users to operate a full node (on the Bitcoin network). 

700% Increase in Bitcoin Adoption Worldwide, Kaspersky's Survey Reveals

About 10% of people have used bitcoin (BTC) or other cryptocurrencies to pay for goods purchased online, according to leading cybersecurity firm, Kaspersky Labs. 

BitMEX's $1 Trillion 'Notional Trading Volume' Shows Importance of Leverage, Coinmetrics.io Co-Founder Explains

Bitcoin Mercantile Exchange (BitMEX), a Republic of Seychelles incorporated cryptocurrency derivatives trading platform, might have an annual notional trading volume of approximately $1 trillion. 

Nasdaq to Launch New BTC, ETH Indices to Provide Real-Time Spot Rates

Nasdaq, the world’s second largest stock exchange with a market capitalization of over $10 trillion, is reportedly planning to introduce two new indices in order to track cryptocurrency prices. In an announcement made by Nasdaq on February 12th, the company stated that the new indices would be added by February 25th, 2019.

Crypto-related ETF Withdrawn by Reality Shares Trust, Following SEC's Request

The US Securities and Exchange Commission (SEC) recently requested the withdrawal of a cryptocurrency-related exchange-traded-fund (ETF) application - which was submitted by Reality Shares ETF Trust. In an official letter published by the American securities regulator (on February 12th), the SEC clarified that the withdrawal was “at the request of the Staff of the US Securities and Exchange Commission."

Uber Co-Founder's Crypto Brokerage Firm Now Publicly Trading on Canadian Stock Exchange

Voyager, a brokerage firm that focuses on finding the best rates for bitcoin (BTC) and other cryptocurrencies, has decided to go public on Toronto Canada’s Venture Exchange (TSX-V).

'Final Desperation Wave' Might Drop Bitcoin Price to 'Mid-to-High $2,000s', Analyst Claims

Tim Kelly, the founder and CEO at BitOoda, a cryptoasset advisory firm, has said that “the final wave of desperation [could] take us” to a bitcoin (BTC) price in “the mid-to-high $2,000’s.”

Two Simultaneous Ethereum Upgrades: 'Petersberg', Constantinople to Go Live By Late February

Ethereum (ETH), the first and largest blockchain-based platform developed for creating smart contract-enabled decentralized applications (dApps), was scheduled for an upgrade on January 16th, 2019.

Almost $400,000 in Crypto Inaccessible, QuadrigaCX's Management Claims

QuadrigaCX, a controversial Canadian crypto exchange that owes its customers $190 million in digital assets and fiat currency, has reportedly lost an additional $500,000 CAD (appr. $378,495).

Over 90% of dApps 'Did Not Record Transactions', dAppRadar Data Shows

Smart contract-enabled, decentralized applications (dApps) are still in their early stages of development. At present, Ethereum (ETH)-based dApps have almost no transaction volume. 

'It's Virtually Certain': Bitcoin ETF Will Be Approved, Prominent Analyst Argues

Ric Edelman, a prominent financial markets analyst and founder of Edelman Financial Services, recently said that a bitcoin (BTC) exchange-traded-fund (ETF) will “certainly” be launched. 

'Buy Bitcoin While Nobody Cares’ Says Chinese Crypto Billionaire

Zhao Dong, a Chinese crypto and blockchain influencer and prominent bitcoin (BTC) over-the-counter (OTC) trader, has said that it’s currently a good time to buy bitcoin because “nobody cares." 

'Role Eliminated': Ripple Exec Cory Johnson's Services No Longer Required

Cory Johnson, who joined Ripple Labs on March 9th, 2018 as the company’s chief market strategist, has reportedly left his role at the San Francisco-based fintech firm. Although it’s currently not clear why Johnson has parted ways with Ripple, it appears this his role was eliminated by the company. While working for Ripple Labs, Johnson had primarily acted as a spokesperson for the firm. 

Everipedia to Verify Primary Sources via Blockchain-based Geospatial Software

Everipedia, a crypto-related information portal that was “forked” from Wikipedia in 2017, has decided to use blockchain-based geospatial technology The distributed ledger technology (DLT)-based solution will be provided by XYO, a company focused on creating blockchain-enabled geospatial software. Everipedia will reportedly use the geospatial program to determine the validity of point-of-interest information on the online encyclopedia.

SEC to Provide More Regulatory Clarity for Crypto Token Sales

The US Securities and Exchange Commission (SEC) will be clarifying its stance on securities laws - as they apply to cryptocurrency token sales. In a speech delivered at the University of Missouri School of Law, Hester Peirce, a prominent SEC commissioner who’s known for supporting crypto-related initiatives, stated that the securities regulator was preparing “supplemental guidance” for firms planning to launch initial coin offerings (ICOs).

LocalBitcoins to Comply with European Union's New Anti-Money Laundering Laws

LocalBitcoins, the world’s most widely-used peer-to-peer (P2P) crypto exchange, is reportedly planning to introduce new requirements related to identity (ID) verification for users of its trading platform. The Helsinki, Finland-based crypto firm has stated that it’s working with local regulatory authorities, in order to implement the European Union’s (EU) newly proposed anti-money laundering (AML) regulations.

Venezuela Imposes Limits on Crypto Remittance Payments, Residents Call It 'Absurd'

Venezuela’s government has reportedly started regulating remittance payments made using cryptocurrencies. Venezuela’s regulatory authorities have imposed a monthly limit on the amount of crypto remittances and will be charging up to 15% in commissions of the total transaction value. 

Security Alert: Malicious Android App Created to Steal Cryptocurrency

Cybersecurity firm, ESET has issued a warning against a malicious app, available on the Google Play Store, that is reportedly stealing users’ cryptocurrency. As explained in an official blog post (by WeLiveSecurity), cryptocurrency addresses consist of long strings of alphanumeric characters. In most cases, users copy and paste the addresses when filling out invoices and conducting transactions. 

Crypto Exchange KuCoin Adds Credit Card Purchases for Major Cryptos

Singapore-based digital asset exchange, KuCoin has added support for purchasing cryptocurrencies with credit cards. Traders may use their bank-issued debit or credit cards to buy major cryptocurrencies from KuCoin’s exchange. Notably, this is KuCoin’s first attempt to create a fiat on-ramp - presumably in an effort to make it easier for more investors to acquire cryptoassets.  

Tippin to Allow Twitter Users to Send, Receive Tips in Bitcoin's Lightning Network

Tippin, a platform that offers a user-friendly web-based custodial crypto wallet, has announced that it will be introducing a Chrome extension which will let Twitter users send and receive tips bitcoin (BTC). 

American Wholesaler H&M Distributors Starts Accepting Cryptocurrency Payments

H&M Distributors, Inc., an American company that “builds inventory based on the needs [its] customers express”, has announced it will start accepting cryptocurrency payments. Launched in 1997 as a distributor of “shatter-resistant fluorescent light bulbs”, H&M Distributors currently focuses on offering low-cost lampholders, lampholder accessories, and replacement ballasts. 

Bitcoin & Cash Investments May Outperform Gold, S&P 500, Bonds Portfolios

An investment portfolio comprising of 99% cash and only 1% bitcoin (BTC) may yield higher returns when compared to a portfolio (of equal size) that consists of S&P 500 stocks, the gold bullion, and US Treasury bonds. This, according to Twitter user planB (@100trillionUSD), who is a cryptocurrency advocate and economics analyst.

Banking Whistleblower to Seek Funding for 'Clean, Ethical' Cryptocurrency Project

Hervé Falciani, a well-known French-Italian systems engineer and whistleblower who is credited with “the biggest banking leak in history”, is reportedly planning to launching a new cryptocurrency. This, according to a Reuters report released on Friday (February 8th) - which revealed that the new cryptocurrency would be called Tabu. .

Bitcoin's Turning into Insurance Policy Against 'Irresponsible' Central Banks, Analyst Argues

Travis Kling, the founder and chief investment officer at Ikigai Asset Management, a digital asset hedge fund, recently said “there is a really a good chance we have something better than gold.” Kling, a former portfolio manager at Point72 Asset Management, explained that bitcoin (BTC) investments may be comparable to credit default swaps (CDS), which are similar to insurance policies that issue payouts when borrowers default on debt. 

Bitcoin Lightning Network Payments Already Comparable with Apple Pay, Researcher Reveals

The Lightning Network (LN), a second-layer solution that aims to facilitate faster and cheaper off-chain cryptocurrency payments, might only be a few seconds slower than traditional (centralized) digital payment platforms such as Apple Pay. This, according to research conducted by JP Thor, a bitcoin analyst and advocate. Notably, Thor’s latest study and comparison of crypto and conventional, or mainstream, payment methods came in response to a challenge issued by Anthony Pompliano.

Texas State Securities Board Issued 16 Orders Against Cryptocurrency Firms in 2018

The Texas State Securities Board (SSB) had issued 16 different orders against crypto-related businesses which were suspected of being involved in illicit activities and/or scams. According to the SSB’s enforcement report (released on February 7th), there were 60 individuals and/or entities that may have targeted residents of the US state of Texas. The report noted that the residents were presented various investment options which were mostly unregistered securities.

Argentina's Transport System to Allow Bitcoin Top-Ups for Travelcards

Argentina’s public transport system now accepts bitcoin (BTC) payments as passengers in 37 localities across the South American country can add credit balance to their SUBE travelcards with the cryptocurrency. Bitcoin payments were integrated into the SUBE travelcards through a partnership with local fintech firm, Bitex and and Alto Viaje, a local travelcard-loading service.

Monero's (XMR) is 'Auditable', Community Has No Control Over Regulations, Spagni Explains

Riccardo Spagni, the lead maintainer of monero (XMR), a privacy-oriented cryptocurrency, recently clarified that he does not think of XMR as a form of investment. Spagni, who’s also known as “Fluffy Pony” on Twitter, explained that monero is “designed to be a currency, and in particular it’s [supposed] to be a privacy-preserving currency.”

Winklevoss Twins Ordered to Reimburse $45,000 in Charlie Shrem’s Legal Fees

Charlie Shrem, an early bitcoin (BTC) adopter and cryptocurrency advocate, will reportedly receive approximately $45,000 in reimbursement for legal costs from Cameron and Tyler Winklevoss - as part of compensation from an ongoing lawsuit over 5,000 bitcoins. 

$1.4 Billion Raised via ICOs in Q4 2018 According to ICOBench

Initial coin offerings (ICOs) raised 25% less funds during fourth quarter 2018 - compared to the previous quarter, according to a recent report by ICObench, a service that provides ratings and reviews on cryptocurrency token sales. During Q4 2018, there were 594 ICOs completed by startups throughout the world, and 554 ICOs were successfully conducted in Q3 2018, the ICObench revealed in a recent report.    

Fundstrat Global Advisors: $3,100 Might Be the Next Bitcoin Price to Watch Closely

Cryptocurrency prices might drop lower and again start testing their fourth-quarter (2018) lows, according to Robert Sluymer, the managing director at Fundstrat Global Advisors. Sluymer, who’s also the head of technical research at Fundstrat, told Business Times, Singapore (on February 7th) that his team of analysts believe small cap altcoins may at greater risk than more established cryptocurrency platforms. 

JPMorgan Analyst: Crypto Market is 'Stabilizing', Institutional Investors Might Increase Involvement

Nikolaos Panigirtzoglou, a senior analyst at JPMorgan, a New York-based financial institution and largest US bank, has said that companies will again start taking interest in cryptocurrencies - if the market continues to remain stable. Panigirtzoglou, a former economist at the Bank of England, had claimed in a report published in December 2018 that financial institutions were not looking to invest substantially in cryptoassets due to their volatile nature. 

South Korean Regulators Issue Warning Regarding Central Bank Digital Currencies

South Korea’s reserve bank has warned other nations about the inherent risks of introducing a central bank digital currency (CBDC), according to local media outlet Yonhap News Agency. The warning from Korea’s central bank (issued on February 7th) comes shortly after the financial institution said it would not be launching its own CBDC. 

$1,800 Bitcoin (BTC) Price 'Won't Be Surprising', Prominent Crypto Analyst Claims

“The Crypto Dog” (@TheCryptoDog), a widely-followed crypto trader and market commentator, recently remarked that an $1,800 bitcoin (BTC) price would “not be surprising.” Although Crypto Dog acknowledged that he wasn’t a 100% sure that the bitcoin price will drop that low, he said it would not bother him if the cryptocurrency’s value continues to decline. The experienced crypto trader also predicted that ether’s (ETH) price may fall to around $50.

'95%' of Cryptocurrencies Will 'Die', Only a Few Will Be Useful, Veteran Analyst Claims

Matt Hougan, the head of research at Bitwise Asset Management, a San Francisco-based firm that helps “individuals, investment managers and institutions in navigating cryptocurrency”, has said that “95%” of the (approximately) 2,000 cryptocurrencies are “useless.” 

Bitcoin Cash is 'Being Hoarded' by Whales, Google's Blockchain Analytics Software Suggests

Allen Day, a 41-year-old data scientist working at Google, has reportedly been loading data from the bitcoin (BTC) and ethereum (ETH) blockchains into Google’s Big Data analytics platform, BigQuery. Evgeny Medvedev, a software developer at Google, has helped Day in carefully examining blockchain data by developing sophisticated analytics software. There are currently over 500 projects that are using the newly developed blockchain analytics software.   

LedgerX Contracts: Bet on Next Bitcoin Mining Rewards Halving Event

LedgerX, a federally-regulated institutional trading and clearing platform for conducting cryptocurrency swaps and options trades, has introduced a new binary contract for bitcoin (BTC). In an official blog post, LedgerX’s development team noted that their LedgerX Halving Contract (LXHC) will allow users to bet on what they think will be the date of the next halving of bitcoin mining rewards. 

'Speculation' & 'Greed' are Crypto Market's 'Biggest Hope', Prominent Analyst Argues

Murad Mahmudov, a prominent crypto analyst and widely followed market commentator on social media, recently pointed out that the number of tweets about bitcoin (BTC), the flagship cryptocurrency, have dropped to “the same level as 2014.” 

Crypto Exchange Activity Drops Amidst Growing Reports of 'Fake Volume'

Trading volumes on digital asset exchanges continue to drop and have now reached levels last seen in early 2017, according to market research firm, Diar.

$147 Million Crypto Platform, Decred Releases Decentralized Exchange Proposal

Decred (DCR), a cryptocurrency platform that focuses on establishing decentralized “decision-making” and “governance”, has announced that it will be developing its own decentralized exchange (DEX). 

Cardano Founder Hoskinson Joins Predictive Analytics Startup

Charles Hoskinson, the CEO at IOHK, a tech firm focused on blockchain and crypto development for “academic institutions, government entities, and corporations”, has reportedly joined Endor, a predictive analytics company. 

$200 Million Crypto Trader: 'Big Players' Will Eventually Enter the Market

A crypto trader who reportedly earned over $200 million in profits from trading ether (ETH) recently predicted that “big players will [eventually] enter” the crypto market. Expressing views similar to other crypto market participants, the digital asset investor said “the market [goes through] cycles” and that “it’s important to remember this during both rapid growth” and sharp declines in cryptocurrency prices. 

Amazon Will Have to Issue its Own Currency 'Sooner or Later', Binance CEO Claims

Changpeng Zhao, the CEO of Binance, a Malta-based digital asset exchange, recently predicted that Amazon, the world’s largest online retailer, would eventually launch its own cryptocurrency. On February 2nd, Zhao tweeted to his 277K followers that “Amazon will have to issue [its own] currency sooner or later.” In another tweet, Zhao had questioned why e-commerce businesses would not want to accept cryptocurrency payments. 

Super Bowl LIII Bets on Augur's Prediction Markets Fail to Gain Much Interest

US residents placed bets worth $140 million (in total) during the 2017 Super Bowl, however this figure does not take into account the betting activity that takes place in black markets. Sports betting is not legal in all 50 US states, but large amounts are wagered through underground markets. Analysts estimate that around $5 billion worth of underground betting takes place during the Super Bowl, which is America’s most popular sporting event.

South Korea to Maintain Ban on ICOs, Many Fraudulent Activities Uncovered

South Korea’s government has reportedly decided not to lift its ban on initial coin offerings (ICOs) - presumably due to the lack of a well-defined regulatory framework for digital assets. 

Crypto Fundamentals Now Stronger Than During Last Bear Market, Says Pantera Capital's CEO

Dan Morehead, the founder and CEO of Pantera Capital, a San Francisco-based institutional investment firm focused on providing clients exposure to bitcoin (BTC) and other cryptoassets, has said that he is no longer worried about whether blockchain technology is here to stay - as he was during the 2014-2015 crypto bear market.    

China's Crypto Entrepreneurs Turn to Rap, Cooking as Market Struggles

Bitcoin (BTC), the flagship cryptocurrency, has lost over 80% of its value from its all-time high price of nearly $20,000 in December 2017. More than $700 billion has been wiped of the crypto markets since combine value of all digital assets had briefly surpassed the $800 billion mark in January 2018. Due to the diminishing returns from the crypto industry, China's crypto entrepreneurs have started exploring other career options.

5-Year-Old Bet on Bitcoin Adoption Lost Over Low Use in E-commerce

Ben Horowitz, a well-known bitcoin (BTC) bull and co-founder and general partner at Andreessen Horowitz, a giant venture capital firm with over $4 billion of assets under management (AUM), had predicted in 2014 that over 10% of Americans would have bought something with bitcoin every month by 2019. Horowitz’s prediction came in the form of a bet he made with financial journalist Felix Salmon during a “Planet Money” podcasts five years ago. 

'Nuclear' Crypto Winter to Last Another '12-24 Months', Ledger CEO Predicts

Eric Larchevêque, the CEO of Ledger, a Paris-based tech firm that develops security solutions for cryptocurrency and blockchain applications, has said that the crypto bear market could last another “12-24 more months.” Larchevêque, a computer science graduate from ESIEE Paris, noted that low cryptocurrency prices have an impact on the industry as “the presence of mass media is much smaller.” 

Luxury Crypto Concierge Service Transacted $250 Million in Last Year's Bear Market

Elizabeth White, the CEO and founder of the White Company, a New York-based firm that focuses on providing the “opportunity for clients who hold wealth in cryptocurrencies to [anonymously] purchase luxury goods”, has revealed that her company transacted about $250 million in 2018 alone.  

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