If 2017 was the "cryptocurrency heaven", 2018 was the "hell". The prices of Bitcoin went from $20,000 per coin in December 2017, to $3,500 in December 2018. Now, the community is wondering what 2019 will bring to the cryptocurrency market, especially when crypto "enthusiasts" like Mike Novogratz are predicting strong bullish trends and cosmic cryptocurrency…
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Ormeus Cash (OMC), an asset-backed virtual currency with a stable transactional price, has just announced its partnership with technology company COTI. The companies announced a new "trustless" point of sale (POS) system, enabling merchants worldwide to accept cryptocurrency payments for goods and services. Merchants hesitated to add crypto POS systems to their businesses due to high fees…
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White the total supply of Monero is estimated to be mined by 2022, over 90% of the cryptocurrency is already mined. The information comes from Moneroblocks, which states that as of December 20th, 16.6 million of the privacy-focused coins are already mined, and the rest 1.8 million will be mined in 3 years. The major…
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The Venezuelan government recently introduced a state-backed digital coin, called Petro. The country has been facing economic downturn and the Venezuelan President, Nicolas Maduro, introduced the oil-backed digital coin to fight the dying economy. Back in the summer of 2018, the situation in Venezuela was so critical that people had to line with days for food…
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Donald Trump has often stated that he plans to build a wall across the border of the US with Mexico to prevent illegal Mexican people pouring into the US. Many were outraged by such claims during his presidential candidacy and campaign in 2016. Fast forward to 2018, the idea of building the wall is not…
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Calgary is setting precedent in Canada as the first city to have its own digital coin. The so called Calgary Dollars will supplement the federal currency, rather than replace it. Calgary Dollars is essentially a project to support small businesses and make communities closer. While the federal currency is the leading and official one, Calgary…
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The decentralized store of value protocol Fragments just announced that it is rebranding to Ampleforth. Along with the rebranding news, the company also introduced its new non-collateralized stablecoin called Amples. Ampleforth now uses an Ampleforth protocol, which moves volatility from unit price to unit count and achieves price stability by algorithmically expanding and contracting supply among holders based on demand. …
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Banco Original, the first Brazilian bank to offer a 100% digital checking account, has informed the public that it has chosen FICO as its strategic partner to launch its digital platform. The financial institution, based in São Paulo, aims to create a safe and simplified origination process to reduce bureaucracy while keeping up safety. To…
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Many have been wondering what will happen to the much-desired Bitcoin ETF, given the strong interest from investors and the strong resistance from the SEC. And while the financial regulator has opened a special office to deal with fintech and cryptocurrency-related proposals for ETFs and new products, the first crypto ETF will go live next…
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After months of debating and anticipation, the hard fork of Bitcoin Cash is officially here. The code for the fork has been activated. As the NextWeb reports: "The Bitcoin Cash blockchain is now split in three separate networks, each with its own set of rules and governing principles: one developed by Bitcoin-ABC, one developed by…
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