Signs continue to emerge that the bear market may finally be at an end, as values across the crypto space are inching upwards and a number of platforms are well on their way to real-world adoption. One positive sign is that Bitcoin has moved past USD $4,000 several times over the past few days. This…
One of the greatest challenges of moving blockchain assets into mainstream use has been creating simple, efficient means to make purchases and trades. Centralized exchanges, despite their utility, suffer from a number of shortcomings, and have yet to prove themselves to be user friendly or secure. Basic swap services are now growing as popular alternatives…
The investigation into the failure of QuadrigaCX continues to reveal evidence of deception and mismanagement by the exchange’s operators. Ernst & Young, the court ordered auditor of Quadriga’s crypto holdings, has announced that cold wallets, in which most of the exchange’s deposits were presumed to be held, are empty. Also, the accounting firm has reported…
The issue of scalability is among the most significant, and controversial, issues across the crypto space. Bitcoin’s solution, the Lightning Network (LN), has now been available for over one year, and its use is growing rapidly. Nevertheless, it remains controversial, and competition is growing from rival platforms that offer alternate scaling solutions.
The Lightning…
The United Nations Security Council has concluded that the North Korean government has been using cryptocurrency to evade international sanctions, and is behind a series of cyberattacks on Asian exchanges. According to the Nikkei Asian Review, which claims to have access to a soon-to-be-released report, North Korea may have as much as USD $670 million…
Earlier this month, during an interview on CNBC, Warren Buffett reasserted his long-held criticism of Bitcoin as a legitimate asset. The financial mogul is one of many highly respected figures from the business and technology spheres to express reservations about cryptocurrencies, which often draws the ire and ridicule of advocates. Although Buffett, and his like-minded…
The long anticipated Ethereum upgrade, named Constantinople, has been implemented. This move is a major step forward on the Ethereum roadmap, and despite having been briefly delayed, appears to have occurred without any significant issues. Ethereum’s price has declined slightly since the upgrade, dropping from $138 to $134.
The upgrade, which took place…
The Russian government has long sent mixed signals over blockchain use and cryptocurrency adoption, yet a number of signs point to substantial moves toward state regulation over the course of the next few weeks. Although it is highly unlikely that Russia will soon recognize crypto as legal tender, there is no doubt that its leaders…
With trade volume increasing, impending institutional investment, and fiat values slowing moving up, all indications are that greater adoption of cryptocurrency is in the near future. Adding to these positive signs, major tech giants are quietly entering the blockchain space. It is well known that the larger companies have been investigating the technology for several…
Since the beginning of the year, crypto prices have largely been stable, leading many analysts to argue that a general recovery is underway. At a minimum, there is a consensus that fiat values will likely not drop further. Now, a new pattern appears to be emerging, as the top decentralized application (dApp) platforms are making…
