Venezuela has taken quite a bold and appreciable initiative by announcing to help out the poverty-stricken class of the country. Ildemaro Villarroel, who happens to be Venezuelan Habitat and Housing minister, updated the news outlets and also went forth to mention that this latest cryptocurrency, Petro, will be backed by the oil production. Basically, the…

Stephen Bliss is a burger-van owner by day, and a top Popular Investor on global trading platform eToro by night. The crypto-crazy 34-year old manages assets worth around $6 million, and almost 5,000 investors match his trades using the unique CopyTrader tool. Bliss – whose eToro username is stebliss – enjoyed incredible gains of 893.16 per…

As the cryptocurrency revolution moves forward, governments, and their central banks, are scrambling to develop policies to manage and regulate the field. Although financial leaders are intrigued by the potential of blockchain technology, they have made no secret of their opposition to decentralized cryptocurrencies. Banking bans have emerged as their latest tool in an attempt…

So far, no expert can with certainty explain the reason for the recent bullish market. This hasn’t stopped many from trying, with Bitcoin ETFs speculations and institutional investment being the most popular. So, can anyone come up with a better explanation as to why Bitcoin has been bullish for the past week and importantly, why…

If we as humans were honest, transparent, or held steady and true to our values, then blockchains would be redundant. Since we are not, they are incredibly valuable and successful in keeping human emotions in check. Similar to this was the demise of Communism, where the usual scenario involved a flawed human central figure of power…

Blockchain technology is hitting new horizons and in order to keep up the game and initiate its usage in the aviation sector, the SAP.io Berlin Foundry and Lufthansa Innovation Hub have teamed up. A couple weeks back, they announced the cooperation through a blog post and stated, that the aim is to explore the challenges…

Earlier in July hackers successfully gained access to an internal wallet belonging to the Bancor platform and managed to steal $23.5 million worth of Ether, Pundi X, and Bancor tokens. This incident is one of many that appear with regularity in the crypto space and contribute to public skepticism of blockchain assets. Simply put, despite…

US-based cryptocurrency exchange Coinbase has partnered with WeGift to launch a gift card service that will enable users to withdraw and spend digital currencies directly with ease.  A report on their blog confirmed the latest partnership with the London-based company and revealed further details about what users could do with the e-gift card service. Customers…

A new study published by the Boston College Carroll School of Management has revealed that there is a substantial correlation between the success of an ICO and the level of activity recorded on its Twitter account. The study, written by Dr. Leonard Kostovetsky and Hugo Benedetti, used sample data from more than 4,000 ICOs which took…

During the last couple of months, more and more companies have migrated towards exploring blockchain technology. Now, recent reports indicate that South Korea’s state-owned telephone giant KT Corporation is launching its very own blockchain-based commercial network. They have started to create a blockchain system on top of the national telecommunication network. The expected benefits include…