The Financial Conduct Authority (FCA) plans to ban financial instruments associated with digital currencies like Bitcoin. According to a published policy document referenced, “Restricting contract for difference products sold to retail clients”, the financial regulatory body that is based in the United Kingdom announced the proposed ban in July 2019. Though it cannot prevent the direct…

Blockchain technology is on track to disrupt many institutional and business sectors, and its move into the mainstream will likely take place in steps. Among the first is logistics, with the fight against counterfeit goods being a top priority. This type of application is relatively easy for distributed ledger platforms to perform, and could result…

The Bitcoin price recovery that began in April has flatlined, with the price remaining around USD $10,000 for most of this month. Although Bitcoin remains firmly in the top position in terms of market value, its status as the flagship cryptocurrency continues to face challenges. The current state of affairs within the blockchain space reflects…

This article explores the current state of the Lightning Network and the categories/industries which have adopted the second layer technology. They are pioneers breaking new ground and testing out a very important improvement and a potential solution to the Bitcoin scalability issue.

Cryptocurrencies have become a key topic of discussion across Washington as America’s leaders are rapidly waking up to the reality of its disruptive potential. Individuals from different branches of government are weighing in on its development and adoption, and although many express concern or derision over the use of blockchain assets, there is also a…

The large institutions that oversee the mechanisms of the global economy are paying ever closer attention to blockchain technology and cryptocurrencies. Among these institutions is the International Monetary Fund (IMF), which for over seventy years has played a leading role in ensuring worldwide fiscal stability, particularly in underdeveloped countries. The IMF has just released a…

The digital currencies have in the past received praise and criticism in commensurate measure. The colossal rise in crypto thefts and scams has necessitated the need for laws to govern the space. According to a report by Cipher trace, Thefts, Fraud, and Scams amounted to more than $1.2 billion in the first quarter of 2019.…

Facebook’s announcement of Libra, its soon-to-be launched digital currency, is bringing significant attention to the growing crypto revolution, none more so than in the halls of the United States Congress. Although there is plenty of debate to be had over whether or not Libra is a true cryptocurrency, there is no doubt that its creation…

Bitcoin is the powerhouse of the cryptocurrency industry, the first and most trusted blockchain implementation. Of course, it started it all. However, in hindsight, Bitcoin is far from perfect. There are many other projects which have built upon this foundation that Bitcoin provided and have created improved versions of cryptocurrency. One such project is the…

The scaling debate is, without question, one of the most contentious issues in the blockchain space. When it reached its boiling point in August 2017, Bitcoin adopted Segregated Witness (SegWit), opening the door to the creation of the Lightning Network (LN). Now active, this second-layer protocol promises the ability for Bitcoin to processes many thousands…