The Raiden Network is a development for Ethereum that seeks to move transactions off the ETH blockchain, making it more efficient for users and making the blockchain faster. It involves creating smart contracts between users so they can exchange funds between each other, and the overall balance is only settled when one of the contract…

By Anton Dzyatkovsky, co-founder of MicroMoney The catch-22 is a paradoxical situation from which an individual cannot escape because of contradictory rules. The catch-22 of modern banking is that if you need a credit, you need a credit score, and to get a credit score you need a credit. Logically enough, banks have to spend hundreds…

The cryptocurrency revolution is well underway, and with each new development, governments, businesses, and individuals across the globe are realizing the tremendous potential of digital assets and their underlying blockchain technology. Since the introduction of Bitcoin in 2008, crypto has made big strides towards mass adoption, and now has a market cap of well over…

During the last couple of years, numerous Bitcoin exchanges and user accounts have been targeted by hackers, looking for some free cash. While the market has been hit by several attacks over the years, many of which left deep wounds in the digital currency community, the case of a few recent OKCoin hacks have been…

On September 27 this year, in the Plenary Sessions small hall of the Federation Council, experts held a closed meeting of the Federation Council Committee on economic policy with agenda on modern trends in the digital transformation of financial systems, with emphasis on digital money for Russia’s digital economy. The meeting moderator Alexey Mayorov, First Deputy…

On September 29th, South Korea's Financial Services (FSC) announced a ban on all forms of initial coin offerings regardless of the technology or terminology employed.  The FSC reasons that ICOs are too speculative and volatile and wants to protect investors from scams and market manipulation. Furthermore, the FSC will continue to discuss regulations regarding established…

Viberate, a blockchain platform for live music, recently set a record as one of the fastest token crowdsales to date, raising 10.7 million dollars in under five minutes and joining the ranks of Brave, Bancor and Aragon. Starting October 6, Vibe tokens - the main cryptocurrency of the platform - will begin trading on Livecoin.net exchange.…

The crypto space began September on a positive note. Despite tremendous volatility over the previous few months, cryptocurrency and blockchain technology appeared poised to break into the mainstream. Bitcoin had survived the chain-split, after which it saw a surge in value, touching $5,000 for the first time. Altcoins were also moving ahead, with the majors…

Bitcoin recovered nicely last week and continues to gain momentum toward $4575 and $4900. As with the $4220 mark, some sell-off is to be expected and dips below $3800 is still a possibility. Support remains strong above $4100 and the outlook is positive; $5500 should be around the corner. Reaching these new heights has attracted numerous…

Earlier this month, many Chinese crypto-exchanges, including ViaBTC, OKCoin and BTC China, announced their closure due to new regulations, sending the price of Bitcoin into a nose-dive. However, the price of Bitcoin quickly rebounded to $4000 as quick as it fell. Major news sites are calling Bitcoin a fraud and warning of the dangers of…