May 19, 2017

Bitcoin Rising Fees, Confirmation Queues See Users, Investors Switching to Altcoins

Bitcoin politics plays too big a role in its scalability dispute, meanwhile, unconfirmed transactions queue and increasing fees scare investors away. It has become the most critical problem encountered by Bitcoin ever. Despite having dragged over a long period of time, the block size and […]
May 18, 2017

Indian Bank Kotak Mahindra Implements Blockchain in Trade Finance

Kotak Mahindra Bank, one of India’s largest private banks, has successfully completed an end-to-end trade finance transaction with a client over a blockchain. According to a report in Indian business daily Economic Times, ‘the first of its kind transaction’ sees the bank partner services giant […]
May 16, 2017

UK Security Researcher Pulls Handbrake on Global Ransomware Menace

A U.K.-based cyber researcher known as MalwareTech stopped the WannaCry ransomware that gained control of thousands of computers worldwide, forcing victims to pay $300 in bitcoin to restore their files. WannaCry was able to exploit a Windows vulnerability leaked in April and use a hacking […]
May 15, 2017

5 Things to Watch Next Week: NASDAQ, Cryptocurrencies, China, Euro & Trump

Asset Current Value Weekly Change S&P 500 2398 0.88% DAX 12675 1.76% WTI Crude Oil 46.47 -5.75% GOLD 1228.00 -3.21% Bitcoin 1570 16.11% EUR/USD 1.0998 0.91%   Will the NASDAQ carry stocks higher again? The schizophrenic state of the US market continued to dominate trading […]
May 12, 2017

ICOs Are Changing the Way VCs Deal With Startups

Gone is the time when investing in a bitcoin company was enough to make you cool. Now, the really hip kids are into initial coin offerings, or ICOs, sales of cryptographically scarce data that offer the promise to raise millions of dollars in minutes, often […]
May 12, 2017

Cryptocurrency Market Cap Swells Past $50 Billion

The cryptocurrency ecosystem is on a roll, as its total market capitalization has surpassed the $50 billion mark. Cyrptocurrency’s market cap hit $53.726 billion today, according to Most altcoins bounced back after a recent surge ended yesterday, when all but a handful of altcoins […]
May 11, 2017

France’s Newly-Elected President Brandishes a Bitcoin Hardware Wallet

The newly elected, left-leaning president of France, Emmanuel Macron, hit the front page of Reddit with a photo of him brandishing a Ledger Blue bitcoin hardware wallet. The photo got circulated on Monday after Marcron defeated the right nationalist Marine Le Pen. The photo generated about 1500 […]
May 11, 2017

Service Freeze Continues at Digital Currency Exchange Celery

Services remain halted on digital currency exchange Celery, a week after the freeze was first announced. On 4th May, the New York-based exchange posted an update to its website, stating that it was suspending withdrawals, deposits and existing orders. Yet the statement was short on […]
May 11, 2017

Chinese Bitcoin Exchanges Might Resume Withdrawals Next Month After Punitive Measures

The inspection of Chinese bitcoin exchanges by China’s Central Bank (PBoC) is coming to an end, according to reports by Chinese media. They have found the anti-money laundering measures used by the exchanges were inadequate and the exchanges engaged in fiat/btc loaning which is illegal. […]
May 9, 2017

Bitcoin Bill Payments in Australia Rises 3300% in 3 Years

Australian bitcoin startup Living Room of Satoshi, a payments company that enables users to pay their bills with bitcoin, has now processed $5 million in household bills with the cryptocurrency. There is a remarkable rise in bill payments using bitcoin in Australia. The numbers are […]
May 8, 2017

Certified Accountants Say Blockchain Could Change the Way They’re Paid

Blockchain could change the way accountants generate revenue, according to a report published yesterday by the Association of Chartered Certified Accountants (ACCA). The group, which boasts more than 180,000 members worldwide, said in its report that the kinds of services accountants provide may evolve depending on how the […]
May 5, 2017

Cryptocurrencies Surge and Stocks Rise as Fed Leaves Rate Unchanged

Thursday Market Recap Asset Current Value Daily Change S&P 500 2385 0.14% DAX 12620 1.05% WTI Crude Oil 46.55 -2.38% GOLD 1229.00 -1.52% Bitcoin 1565 6.80% EUR/USD 1.0935 0.30% The Federal Reserve didn’t surprise the market yesterday evening, as it left its benchmark rate unchanged, […]