August 06, 2018 BY Mariela Naydenova

The "Blood" Diamonds

After being applied in more than 20 different industries around the globe, it is no surprise that blockchain is now being used in the diamond industry. The diamond industry was and still is considered a monopoly, or lately, an oligopoly. And while diamonds are forever, so are the issues related to them, it seems. The…

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August 05, 2018 BY Mariela Naydenova

Microsoft and Starbucks on the new Bitcoin - Frappuccino deal

It may be a little surprising to know that Microsoft and Starbucks have teamed up on a new beverage-cryptocurrency product. Shortly after McDonalds announced that they will be offering the MacCoin to honour the 50th anniversary of the Big Mac, Starbucks is the other large consumer company that has recently joined the cryptocurrency payment solutions.…

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August 02, 2018 BY Mariela Naydenova

How AI will bring cryptocurrency payments to online shopping

Artificial intelligence is poised to disrupt the cryptocurrency world, and vice versa. A company name Zwoop, which is in fact an AI-powered e-commerce platform, is specially created to disrupt the online shopping experience for customers around the world through cryptocurrency payments. The idea behind Zwoop is a very massive and ambitious one, yet practical. Zwoop…

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August 02, 2018 BY Mariela Naydenova

From high-school valedictorian to crypto stealer

Usually it's criminal groups and organizations that perform serious cryptocurrency thefts. This time, however, is a Boston high-school valedictorian who committed a $2-million crypto crime. The name of the student is Joel Ortiz, who was named the valedictorian at his Massachusetts high-school, and who was also known for his proficiency in programming and high-tech skills,…

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July 31, 2018 BY Mariela Naydenova

Trump, Iran and the Bitcoin Boom

The central question nowadays, except for the regulation issues, is whether cryptocurrencies are the answer to the economic problems so many countries are facing. In the summer of 2017, for example, when Bitcoin was trading for around $9,000 on major international exchanges, certain developing countries saw its price rising to almost $14,000. Now, the latest…

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July 31, 2018 BY Mariela Naydenova

Binance completes its first acquisition

Binance is one of the largest cryptocurrency exchanges in the world. It just completed its first ever acquisition. Binance bought out the mobile wallet firm Trust Wallet. The company is a mobile app that is essentially an Ethereum wallet that supports Ethereum, ERC20, ERC223 and ERC721. As of now, Binance has not disclosed the amount…

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July 30, 2018 BY Mariela Naydenova

These three things will stop the upcoming Bitcoin ETF

Bitcoin's price has been recently going up to steady levels of around $8,500, and now the currency is again trading below $8,000. Many have speculated that the primary reason for the renewed interest in Bitcoin is the upcoming Bitcoin ETF. A Bitcoin ETF will mean a lot to the market, especially to hodlers. Unlike Bitcoin…

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July 30, 2018 BY Mariela Naydenova

McDonalds MacCoin - the new favourite

Millions of businesses and companies of all sorts have already launched their own coins. There are Youtube videos on how to start your own ICO. Initial coin offerings are said to surpass IPOs in the near future in terms of growth potential and "popularity". Now, one of the biggest fast food chains in the world,…

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July 26, 2018 BY Mariela Naydenova

Novogratz's crypto company lost $134 million in Q1 2018

Bitcoin is currently rising, although not in a "hockey-stick" manner, but investors and hodlers have faith that the currency will continue its climb and soon hit the $10,000 critical price level. However, at the very beginning of 2018, the cryptocurrency market went down by a huge percentage. Overall prices went down by 60% and Bitcoin…

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