The cryptocurrency market has definitely seen better days. The market capitalization of the entire market fell off to around $107 billion, when a year ago, Bitcoin was hitting the $20,000 mark and the entire market cap was somewhere in the $550-$600 billion range. The fall in prices has not only erased the smiles of many…
Read more
Binance is one of the largest cryptocurrency exchange platforms in the world. The platform has just announced their launch of subsidiary accounts feature for institutional and high net worth investors. The request for such an option has been long awaited, as institutional investors have had a large impact on the cryptocurrency industry in the last…
Read more
The Crypto Exchange joint venture between global online broker IronFX Group and EmurgoHK, IronX, just announced that it has welcomed on its Advisory Board Dr Paolo Tasca, Executive Director of the Centre for Blockchain Technologies, and Tal Cohen, ex-CEO of Sirin Labs. Dr Paolo Tasca is a digital economist, specialising in P2P financial systems. He…
Read more
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…
Read more
Bitcoin lost more than 70% of its value on a year-on-year basis, when in December, 2017, it was trading for almost $20,000 per coin. The current price of the “people’s currency” is around $3,600. And while the price seems to be plunging even further, there are some notable events that caused the huge volatility. According…
Read more
Back in early 2018, the Wall Street Journal reported that the United States alone will be spending around 20% of its GDP on healthcare. The rising costs of healthcare and the need for constant technological improvement in the medical arena are undeniably allowing blockchain to disrupt the healthcare industry. The most recent example comes from…
Read more
XRP is said to become the best blockchain investment for the upcoming two years. A recent report published by InvestingHaven shows that Ripple, as an investment opportunity, presents the strongest case for being the token with the best return among other alternative blockchain projects. One of the reasons is that Ripple, while not a decentralized…
Read more
While the major focus of the cryptocurrency community and investors is focused on the falling price of Bitcoin, the “people’s currency” may be getting a major upgrade when it comes to its speed. One of the biggest limitations of the underlying technology of Bitcoin is the relatively slow speed of the protocol. One of the…
Read more
The concerns over the cryptocurrency regulations are growing constantly. Countries around the world are not really sure how to classify cryptocurrencies, as money, as digital assets, as property rights or as a completely different category. The US Treasury Department of Foreign Assets Control or OFAC has prosecuted two Iranians for conducting a major cyberattack, now…
Read more
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. …
Read more