For several years banks have eyed the crypto movement with fear and distrust. Crypto’s ability to undermine much of their business model should no doubt be concerning to them, but at the same time cryptocurrency opens doors to new possibilities. The simple fact that decentralized blockchain assets are now a permanent part of the financial…

On June 20th, at about 3 am UTC, Bithumb announced a notice for Twitter subscribers explaining that the reason behind the suspension of deposit and withdrawals is because they noticed $30 mil to be missing from the exchange. They assured everyone that Bithumb would cover all expenses and affected users will be fully refunded. Then this tweet…

Baidu is an international tech company based in China. It was established in January 2000 and currently it is the second largest search engine after Google. The company  announced this week that they are launching a space game operating on a blockchain. The game is called “ Du Yuzhou ” which translated means “The Universe”…

The past two weeks have been stressful for crypto investors, as most platforms have experienced significant declines in fiat value. With no clear sign as to when a price floor will be reached, many fear that the future for cryptocurrency as a mainstream financial product may be in doubt. However, a deeper look at the…

For the numerous cryptocurrency traders looking to diversify their portfolios – especially given the recent volatility of the markets – the new stocks offering from pioneering global investment platform eToro is well worth considering. As of mid June, eToro users can hold their own cryptos, stocks, exchange-traded funds (ETFs), and thousands of other financial assets in…

In the television show Silicon Valley, the lead character Richard explains his dream technology to a friend after being left frustrated with the direction his company is taking. He points out that we carry millions of times more computing power around with us in our pockets than it took to put a man on the…

For what is the second time this year, the Asian crypto markets have been hurt by hackers. "Coinrail," a major crypto exchange in South Korea, and one of the top 100 crypto exchange companies in the world temporarily lost control over $40 mil worth of crypto. The hack which was said to have happened in…

Coinmint has reached an agreement with the local authorities of Upstate New York’s Massena country.  The New York Power Authority (NYPA) decided to support an initiative by NCDC, the Coinmint subsidiary North County Data Center, to open a bitcoin mining facility in the premises of the old aluminum smelting plant known as the Alcoa East Facility.…

Mastercard has submitted a patent application to the US Patent & Trademark Office (USPTO) for a system that  is authenticating cards at the point of sale (POS) using blockchain technology. The company  has always been outspoken about numerous flaws of traditional payment services and security platforms stating those are prone to breaches, error, and manipulation.…

Residents of the city of Zug in Switzerland will be participating in a blockchain trial voting process [1] set to take place from June 25th to July 1st, 2018. The city, often referred to as "Crypto-Valley", has been a major hub of blockchain technology and will be testing this kind of voting process for the…