Earlier this month, during an interview on CNBC, Warren Buffett reasserted his long-held criticism of Bitcoin as a legitimate asset. The financial mogul is one of many highly respected figures from the business and technology spheres to express reservations about cryptocurrencies, which often draws the ire and ridicule of advocates. Although Buffett, and his like-minded…
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Multiple tech investors, including Ripple and Barclays, have
generously spent $1.7 million to support SendFriend, which happens to be a
remittance startup.
Over the months, we have seen an array of crypto-based
ventures in the remittance niche, but in the recent year, SendFriend is the
latest and very reasonably funded project. Ripple has always taken a stance to
facilitate…
One of the risks associated with cryptocurrencies, is their
potential in being used as a tool for money laundering. Only an insignificant percentage
of the market uses crypto for this purpose, yet there are growing concerns. With
time, this has led to the creation of numerous regulatory frameworks meant to
discourage crypto use for illicit activities like this, including…
The long anticipated Ethereum upgrade, named Constantinople, has been implemented. This move is a major step forward on the Ethereum roadmap, and despite having been briefly delayed, appears to have occurred without any significant issues. Ethereum’s price has declined slightly since the upgrade, dropping from $138 to $134.
The upgrade, which took place…
Welcome to the ninth edition of our weekly curated news article where we provide you with the widest possible overview of the most important events that have transpired in cryptocurrency and blockchain developments. We've made sure to analyze all of the news reports available on the internet and reviewed them for relevancy. This article is…
The Russian government has long sent mixed signals over blockchain use and cryptocurrency adoption, yet a number of signs point to substantial moves toward state regulation over the course of the next few weeks. Although it is highly unlikely that Russia will soon recognize crypto as legal tender, there is no doubt that its leaders…
Just like numerous other technology companies, Samsung has done its fair share of researching the potential of blockchain technology and cryptocurrencies. So far, the South Korean giant has already implemented blockchain solutions at an enterprise level. The developments that we're about to talk about have been covered while they were in rumor-phase right here. Since…
Recent events have indicated the possibility of the Token Taxonomy Act becoming law. According to Warren Davidson, the United States Congressman serving Ohio's 8th District, there is urgent need for regulations in the crypto sphere. He expressed his excitement on his Twitter Page about the revisions of the bipartisan bill and looked forward to its…
Over the last year, several universities throughout the world shared their plans to store student diplomas and other certifications on the blockchain network. The argument behind this decision is based on the growing
number of fraudulent diplomas for higher education circulating on the market.
Blockchain-based storage of certifications drastically reduces fraud attempts,
thus ensuring that employers, educational institutions…
With trade volume increasing, impending institutional investment, and fiat values slowing moving up, all indications are that greater adoption of cryptocurrency is in the near future. Adding to these positive signs, major tech giants are quietly entering the blockchain space. It is well known that the larger companies have been investigating the technology for several…
