April 26, 2017

Political Party To Use Cryptocurrency To Train Candidates For Elections

Russian political party Party of Growth has recently announced the launch of a new Blockchain-based system, called “People of Growth”, and their own cryptocurrency, called “Upcoin”. For the first time, Blockchain technology becomes the organizational basis for a political party. The Party of Growth is […]
April 26, 2017

Bank of England Seeks Startups for DLT Privacy Projects

The UK’s central bank is seeking startups to take part in distributed ledger projects focused on data privacy. In a speech from 12th April and published yesterday, Bank of England governor Mark Carney told attendees of a conference on FinTech that the central bank wants […]
April 26, 2017

Cryptocurrency Market Cap > $30 Billion, an All-Time High

The combined market value of all cryptocurrencies in circulation has pushed beyond the significant milestone of $30 billion for the first time ever, underlining the ever-expanding interest in digital currencies and the blockchain technology. Data from CoinMarketCap reveals bitcoin as the top dog among cryptocurrencies, […]
April 25, 2017

Number of Bitcoin Unlimited Nodes Suddenly Drops

The total of Bitcoin Unlimited nodes online has plummeted while the number of nodes upgraded to support SegWit reaches 420. According to NodeCounter at press time, the total number of available nodes running BU has recovered to around 360. Earlier today, the number of BU […]
April 25, 2017

Weekly Round-Up and Cryptocurrency Markets Update

No consensus was reached last week towards Bitcoin scaling, in fact, the battle is getting protracted with each camp holding an entrenched status. Quite interestingly, Bitcoin price breached the $1200 line in midst of all the hostility and even went beyond $1300, however it has […]
April 20, 2017

FinTech Startups in MENA Region Raised $100 Million in Last Ten Years, to Double by 2020

A new report has found that in the last ten years, Middle East and North Africa (MENA) fintech startups have raised $100 million, with estimates that this figure could double by 2020. The report, The State of Fintech, by business support organization Wamda and online payment gateway Payfort, states that […]
April 19, 2017

Weekly Round-Up and Cryptocurrency Markets Update

Last week saw Bitfury striking a deal with the Ukranian government to put the latter’s data on a Blockchain platform. The deal will ensure blockchain recordings for areas like public health and services, state registers, energy and social security. In a twist, High Tech Private […]
April 19, 2017

Japan’s Government Develops Method for Assessing Blockchains

In light of the hype and lack of clarity surrounding blockchain, one of Japan’s government ministries has developed a methodology for evaluating projects in the industry. The Ministry of Economy, Trade and Industry (METI) published details about the methodology, which was created by the Information Economy Division of the ministry’s […]
April 18, 2017

Bitcoin Company Partners With EU Banks to Improve Wage Payment Solutions

Silicon Valley-based payment gateway Bitwage claims to have partnered with banks to achieve same day wage delivery services to its clients. Peculiar improvements In a press release, the company claims to have implemented two major upgrades to its services which are real-time transaction viewing and […]
April 18, 2017

Traders Raise Concern as Biggest Bitcoin Exchange Halts Deposits

An announcement by one of the world’s largest bitcoin exchanges has stoked fears another Mt Gox-style meltdown may be brewing. The largest bitcoin exchange by US dollar volume in recent weeks, Bitfinex revealed today it will be unable to accept incoming wires starting tomorrow, a statement that […]
April 17, 2017

‘User-Generated Currency’: Bitcoin and the YouTube of Money

Galia Benartzi is a founder of Bancor, a Swiss-based non-profit focused on solving the liquidity challenge in asset exchange. Previously, she was founder and CEO of Particle Code, a cross-platform development technology for mobile and social games acquired by Appcelerator. In this opinion piece, Benartzi […]
April 14, 2017

Ethereum Rises, Bitcoin Falls

Ethereum has jumped from around $42 to nearly $49 in the past few hours, rising some 10% after a week or so of relative stability in the $40 range, sending its market cap to nearly $4.5 billion. Ethereum rises some 10% – image from cryptowatch […]