Officials from Japan’s Financial Services Agency (FSA) have announced that it will begin “full surveillance” of cryptocurrency exchanges operating in the country. According to the Japan Times, the government agency will ensure that exchanges for Bitcoin and other cryptocurrencies have proper internal systems to protect customer assets. A 30-member surveillance team built from agency and…
The multi-billion industry of digital goods is growing rapidly, with market research experts predicting that the value of the digital goods market could exceed $500 billion in 2019. That’s more than three times the current market cap of all cryptocurrencies combined. With the digital age truly underway, publishers and retailers continue to reshape the global e-commerce…
Howard Marks, who famously predicted the dotcom implosion, warned investors to stay away from cryptocurrencies. He compared them to similar “bubbles” of the 17th century Tulip mania and 18th century South Sea Company. Marks is hardly the first to dismiss Bitcoin’s epic rise as a mere bubble – the economic term to describe a highly-positive…
Bitcoin’s early emergence was little short of a libertarian’s dream. It was a new kind of money and it deliberately excluded the disgraced banking institution. It was touted as a public, open-sourced way of paying quickly, cheaply, without ever having to trust anyone. It would take years before Bitcoin reached the lips of the “mainstream public”.…
It wasn’t that long ago when the global economic structure was caught up in an almost cyclical meltdown. The rioters were at the gates of Wall Street, Americans were made homeless almost overnight, an obscene amount of money had just disappeared. It will never really be known if these events spurred the ideas behind Satoshi Nakamoto’s…
Almost two weeks have passed since the “hard fork”, one of the most significant events in recent times for the Bitcoin network. It was a partial culmination of years of fierce debate surrounding contentious network scaling attempts. Citing loss of confidence in a majority decision to reach compromise via the Segwit2x proposal, a group decided to…
A series of email correspondence from 2009-2011 with the pseudonymous creator of Bitcoin, Satoshi Nakamoto, has recently surfaced on the Internet. An anonymous researcher, CipherionX, posted the emails on the bitcointalk forum on August 11th, having retrieved them from the former Bitcoin Core developer Mike Hearn. Curiously, the first email and reply were already shared on…
The business of buying, selling and registering of domain names is an industry almost as old as the world wide web itself. But it is currently entrenched in a highly centralized structure, managing more than 326 million domain names as of March 2016. This is a figure that grew more than 10 percent compared to…
BitMixer, the largest Bitcoin “tumbler,” on Sunday announced an end to its operations, bringing a close to over three and a half years of mixing Bitcoins for anonymous clients. The announcement on the bitcointalk forum came in the same month that global enforcement authorities shut down darkmarkets AlphaBay and Hansa, from which many believe the…
ICOs – not just another type of investment opportunity
They’re coming at you thick and fast, a new one being touted as the next big thing amid the gathering hail of pre-announcements and pre-launches. Initial Coin Offerings (ICO) are all the rage, promising incredible returns quicker than the time it takes to build, develop and market…