Cryptocurrencies are expected to become a mainstream payment solution within the next decade, a new research has proposed. The paper argues that cryptocurrencies are already fulfilling one of the three functions of money - they are acting as a store of value - and that it is only a matter of time before they begin…

The trading of cryptocurrencies on mainstream stock exchanges would have sounded like a fantasy just a few years ago. However, this fantasy is inching closer to reality as the mainstream financial system seeks to capitalize on the ever-rising popularity of cryptocurrencies. NYSE’s parent company has been reported to be working on a cryptocurrency exchange, and…

Crypto exchanges have become the lifeline of the cryptocurrency industry, facilitating the smooth transfer of cryptos between individuals and to a large extent determining the price of cryptos. From relative obscurity a few years ago, they now facilitate billions of dollars’ worth of transactions. In recent months, some exchanges have established themselves as the market…

The push for inclusion of cryptocurrency & blockchain companies in the mainstream financial industry is one that has been picking up pace, and now it got a new twist. On the blockchain island of Malta, a number of key players in the cryptocurrency industry have come together to lay the groundwork for what is going…

Social media giant Facebook has finally softened its stand on crypto ads. In an announcement by the company’s product management director, Rob Leathern, Facebook said it had been reviewing the policy to find the best way to refine it. Facebook will now allow crypto ads from selected advertisers, but the ban on ICOs and binary…

Tether has released a report that proves that its claim that every USDT token is backed by a dollar in reserves is genuine. In its transparency report, the company revealed that an audit had been carried out by a renowned Washington-based law firm and that it had proven that the company had an approximately equal…

Bitcoin and other cryptocurrencies are not applicable on a national level. To process the same number of digital transactions currently handled by the national retail systems, the distributed ledger would swell beyond the capacity of servers. With millions of users exchanging hundreds of millions of files, the sheer volume would bring the internet to a…

Over the years, technology giants have striven to take advantage of the newest and most advanced technologies to stay ahead of competition and to gain a competitive advantage over their peers. Google has invested fully in the emerging field of artificial intelligence (AI) with over 14 acquisitions, Amazon is leading the research and development of…

Blockchain technology has been around for close to a decade now. While during its early years it was relatively unknown, its popularity has soared in the past few years and it’s now being sought to address some of the challenges that have plagued many industries for decades. From obvious uses such as in funds transfer…

Founded and currently ran by Changpeng Zhao, Binance is the biggest cryptocurrency exchange in the world by daily trading volume. However, Binance has had a rough year that has culminated in the exchange announcing it would set up shop in the small island nation of Malta. It all started when China outlawed crypto exchanges, effectively…