Cryptocurrencies have recently experienced a phenomenal surge in prices commensurate to that witnessed in late 2017. Everyone is eager to get a piece of the crypto pie. Although mobile apps in the crypto scene have enhanced positive numerous transactions, they have also created an avenue for cybercriminals to scam unsuspecting customers. For the past…

As the crypto revolution has moved forward, the major credit card companies have maintained a curiously low-key approach to its evolution. Now, Visa appears ready to enter the space, having recently made significant investments in blockchain startups, and revealing plans to offer financial services that utilize the technology. These moves are a clear sign that…

Pretty much every year, investors seem confused or rather concerned about their tax filings. Things are relatively difficult for crypto investors because of the unregulated market and the volatile nature of the asset itself. However, April 2020 might bring a great deal of composure for crypto investors and traders in the US. In May 2019, the IRS rolled out…

Bitcoin’s price recovery has been creating significant media attention, yet much more is happening in the blockchain space that reflects the technology’s march into mainstream use. A number of platforms have made impressive inroads into real-world adoption over the past several weeks, some with very large, and influential institutions. Interestingly, these moves have yet to…

With market value on the rise, the Bitcoin hash rate, as well as that of other proof-of-work (PoW) cryptocurrencies, is escalating. This increase is driving up electricity usage, which is once again sparking a debate over which type of blockchain architecture should be used for mass adoption. Unfortunately, the electricity issue is complex, with conflicting…

Ever since Facebook announced its upcoming cryptocurrency, tech geeks have been curious to get their hands on the whitepaper to know more about this thrilling project. Recently, Facebook ended the anxiety by rolling out a 29 pager, explicitly showing off the talent onboard and making an electrifying entry in the crypto niche. Of course, the paper also aims at…

For many years leaders around the world dismissed cryptocurrency as lacking any true value or legitimate use. This attitude was due largely to a failure to understand, or respect, its revolutionary nature. Now that mass adoption is underway, crypto cannot be ignored, and voices are now emerging calling for it to be banned. Although misguided,…

An interview with Pavel Kravchenko, Founder of Distributed Lab. CryptoNews had the opportunity to sit down and talk with Pavel Kravchenko, one of the world’s leading experts on blockchain and decentralized systems. We discussed the intricacies of tokenization in an interview setting. Together we have created a short, but comprehensive guide to understanding tokenization in…

In August, 2017 the Bitcoin scaling debate reached its zenith when opponents of Segregated Witness (SegWit) forked the main chain to create Bitcoin Cash. Supporters of the two cryptocurrencies have since sought to discredit each other in what has been by-far the most vocal turf war in the crypto space. Nevertheless, although there is still…

The increasing popularity of blockchain technology and cryptocurrencies has encouraged most of the world’s tech companies, to research the market and work on innovative crypto projects. Apple is the newest company to join the race, following its recent announcement of the CryptoKit framework. Understanding CryptoKit Functionalities To put things better into perspective, CryptoKit represents a…