The blockchain space has no shortage of self-styled experts claiming the ability to accurately forecast future values. As the end of this year is approaching, these individuals are as active as ever, making a wide range of predictions as to how the market will perform in 2020. Whereas there is a need for legitimate analysis…

Blockstream’s “c-lightning” team announced their latest update to their version of the lightning network protocol through a blog post on December 18th and there have been a lot of interesting changes. As noted by the developers, three significant changes make this update so interesting. For starters, any new lightning network nodes will be…

It is becoming clear that the crypto market is ending 2019 on a down note. The price recovery that seemed all but certain to bring back a bull market has lost steam, with many platforms falling to their lowest values of the year. More notable is the fact that volatility continues to shake up the…

The Swiss National Bank (SNB) has teamed up with the Bank for International Settlements (BIS) and exchange platform SIX Digital Exchange (SDX) to develop a Blockchain-backed digital currency. In a recent press release dated 8th October 2019, Switzerland’s central bank revealed that it had signed a deal with BIS to start an innovation center for…

For years, the tax situation associated with owning and using digital currencies has been unclear, due to the lack of standardization, alongside the existence of unclear and incomplete taxation policies. This situation is applicable throughout the world, yet states are slowly solidifying their taxation frameworks, to account for cryptocurrencies as well. There is an entire…

Last month Ethereum completed a major upgrade, moving the platform one step closer to Ethereum 2.0 and final status. Named Istanbul, the upgrade took place via a hard fork, and appears to have had no major complications. This progress has only served to strengthen Etherum’s position as the top altcoin and second most valuable cryptocurrency.…

At this point in time, there are several countries with a stricter economy, which impose currency controls in an effort to limit the amount of capital that is sent outside the nation. Understanding currency controls South Africa is one of these countries, given the fact that citizens are limited to being able to send 1 million rand…

Earlier this month, security firm Promon announced the discovery of a dangerous piece of Android malware that has infected devices across the globe. This malicious piece of software could cause victims to lose personal data, including keys and passwords to crypto wallets. Such security threats are, unfortunately, not new to the crypto space and their…

Europe has always been a hot spot of crypto activity, and now a number of European states may finally be ready to recognize the legitimacy of blockchain technology and begin regulating cryptocurrencies. Germany has become the latest European nation to take this step, as a bill enabling banks to enter the crypto space has passed…

The Internal Revenue Service (IRS) recently released instructions for computing taxes involving crypto assets. The digital market has been waiting for this report since May 2019 after the Revenue’s chief Chuck Rettig hinted at an update to the existing regulations. In April 2019, some members of Congress wrote to Rettig seeking clarification regarding crypto reporting…