The cryptocurrency market has crushed big time, Bitcoin is falling down to $6,300 and its market capitalization is currently not more than $105 billion. This seems like a huge drop and hit to the whole digital coin market, as other cryptocurrencies are falling fast along the "people's currency". However, two of the biggest banks in…
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Bitcoin has been often used as a store-of-value cryptocurrency, rather than as a transactional one. Countries that face problems with their own currencies have now turned to Bitcoin as if it would be the "gold of tomorrow". Turkey may be the next country to bet on Bitcoin, given that the Turkish Lira is currently plunging.…
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Intuit Inc., one of the American's most innovative fintech - audit companies, has been awarded a patent from the US Patent and Trademark Office for a new, bitcoin payment processing platform. Intuit is based in Mountain View, California and currently has a headcount of around 8,000 people. With subsidiaries that include Mint.com and PayCycle, Intuit…
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It was about time for the international hunt for Satoshi Nakamoto to begin. It's been 10 years since the creation of Bitcoin, and still, nobody knows for sure who the genius creator behind blockchain and the "people's currency" is. Now, in the summer of 2018, the international campaign called #findsatoshi, has ignited a worldwide search…
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Vietnam is one of those countries that stands firmly against cryptocurrencies, judging by their legal actions. Country officials are currently pushing for more regulations to be introduced for cryptocurrency trading and transactions. Thailand is in the same position as Vietnam. The two countries are anti-crypto and officials are looking for ways to prevent businesses from…
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Banks and financial institutions are all over the place with cryptocurrencies: they "love" them, they "hate" them. And while blockchain is sweeping the floor with new applications in hundreds of industries and companies, the future of cryptocurrencies is yet unclear. One surprising rumour right now is that the first cryptocurrency bank is going to open…
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Coinbase is currently upgrading its platform and services to better suit users' demands. Given the rising competition from "startups" such as Robinhood and CoinEx, Coinbase seems to be working on its business strategy and enhance features. The first improvement that Coinbase has already implemented is increasing the daily cryptocurrency trading limit to $25,000 from a…
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Japan has been probably the greatest supporter of cryptocurrencies and their regulations. The country is known for its lean regulatory frameworks, as well as great tolerance about the use of Bitcoin. Not long ago, it was reported that many Japanese workers can choose how they want their salary: in the form of Bitcoin or fiat…
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Many prominent economists have come to comment that Bitcoin does not have intrinsic value, rather, it is driven by market perception and enthusiasm. This is the general opinion that Robert Shiller, a Nobel laureate in economics, and Warren Buffet, one of the most successful investors in the world have in mind when it comes to…
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Food quality and blockchain are teaming up to provide a modern blockchain-based food quality control e-place, designed by the Chinese company, Wangjiahuan, an agricultural startup firm. The company has raised $58 million in a Series A round, which was managed by Global Logistic Properties. Global Logistic Properties is a leading logistics solution company based in…
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