There is no shortage of crypto advocates that are anxious about the present bear market, as more than a year has now passed since Bitcoin and altcoins marked their all-time highs. Whereas volatility is the norm among cryptocurrency markets, a true recovery has been expected for quite some time. Simply put, the impressive development of…

Cryptocurrency’s potential to undermine state-backed fiats is one of the most debated subjects among blockchain advocates. Although it is too early to have a clear answer to this issue, governments are deeply concerned. A proposed solution to the growing threat of cryptocurrency is for states to issue official alternatives. Supporters assert that these central bank…

Over the years, Bitcoin has undergone a rock-star like persona; the poster child of the digital currency revolution. Cryptocurrencies have been raucous, due to the massive 4,500% surge in market capitalization between early 2017 and January 2018. This additionally catapulted the crypto sphere into a $138.6 billion market. The industry's big brothers have been quite…

SWIFT has been too slow to implement blockchain, but it's better to be late than sorry, as seen by R3 partnership between the companies. QuadrigaCX founder passes away and the company loses access to cold wallets. South Korean conservative party to leverage blockchain for better party management. LocalBitcoins.com founder Michell Espinoza back on the bench…

Questions surrounding the failure of QuadrigaCX continue to grow as more speculation of foul play emerges. The exchange, Canada’s largest, recently shut down after the death of its CEO, taking with it an estimated USD $190 million worth of customer’s crypto deposits. Now, amid rumors of fraud by the exchange’s operators, claims are emerging that…

A series of increasingly curious events continue to unfold around QuadrigaCX, Canada’s largest cryptocurrency exchange. The service has closed, claiming to have lost access to most of its funds. However, analysts have uncovered what may be transfers of the so-called inaccessible cryptocurrencies, as well as evidence of accounting inconsistencies surrounding the exchange’s handling of its…

State support of cryptocurrency is a thorny issue, as governments and central banks are caught between recognizing its advantages, yet accepting how it promises to radically change the existing financial infrastructure and possibly undermine the value of centralized fiat. Thus, most states, and their leaders, are not yet prepared to fully embrace blockchain assets, and…

Cryptocurrency advocates have long held that blockchain assets will revolutionize the banking industry, as crypto wallets will replace traditional bank accounts, and banks will no longer be needed to facilitate most financial transactions. For their part, banks have been cautiously supportive of blockchain’s potential, yet at the same time critical of decentralized cryptocurrencies. With crypto…

Cboe exchange withdraws VanEck-SolidX ETF proposal prematurely, IMF consulting Malta on how to continue and what to fix, South Korean exchanges joining hands to prevent scammer and hacker success, Maduro's gold stuck in the UK due to US sanctions (Kraken CEO has something to say about that), Kik messenger likely to bravely go to court…

The cryptocurrency sector has elicited massive interest from different parties worldwide. Top professional auditing firms are hiring more specialized staff to respond to new products and service provision in the industry. The auditors have realized the huge opportunities connected with digital currencies and blockchains. Despite the current bearish market, major accountancy firms, including Ernst&Young, PwC,…