IBM has taken another bold step into the blockchain space with the announcement of Blockchain World Wire, a financial settlement service based on the Stellar platform. This move is one of many that Big Blue has made that affirms its desire to become a leader in blockchain-based services. It also demonstrates how the technology is…
On September 5th, Bitcoin experienced a series of significant price drops, falling almost 15 percent from $7400 to $6300 in under twelve hours. Although these types of volatile moves are common in cryptocurrency markets, rumors immediately emerged of price manipulation. Deliberate attempts to sway crypto prices are well-known, and appear to be on the rise.…
In mid-August Bitcoin fell to $5,900, which was the second time the flagship cryptocurrency had fallen below $6,000 since March. Altcoins also hit a new low at this time, most of which have been declining against both Bitcoin and in fiat value since January. Although other aspects of the crypto space have seen remarkable progress…
Colleges and Universities have always sat at the forefront of technology and innovation, and students have always embraced new ideas. Blockchain is the latest trend to gain substantial traction across campuses, and it is rapidly emerging as a significant element of the college experience. not only are college students investing in cryptocurrency en masse, but…
The automotive industry has always embraced innovation and efficiency, and key players in the field have begun taking steps to use distributed ledgers in a variety of applications. These moves will place blockchain technology at the forefront of one of the world’s most significant business sectors, and revolutionize how people, and goods, are moved. They…
The trustee for the remaining funds held by Mt. Gox has begun the rehabilitation process for account holders of the failed Bitcoin exchange. The website has opened an online claim tool with October 22nd as the deadline for those seeking restitution. Claimants may also file by mail.
Established in 2010, Mt. Gox became the…
As blockchain technology steadily moves toward mainstream adoption, developers are hard at work seeking to solve technical challenges and create the perfect platform. Although the benefits of blockchain are universally recognized across the crypto space, an alternate from of distributed ledger architecture is gaining support. Directed acyclic graph (DAG) systems accomplish the same goals as…
China’s government has issued a ban on all crypto-related events in the country. This move, although not surprising, adds confusion to China’s already controversial position on cryptocurrency. Although the Chinese leadership considers decentralized crypto a threat, it also appears to appreciate the benefits of blockchains. The result has been a series of conflicting policies and…
Crypto advocates have long asserted that Africa is well-suited to benefit from decentralized digital assets. Cryptocurrencies offer solutions to many of the continent’s challenges, and their use is growing across the realm. The rapid embrace of crypto by the African people is an excellent example of the transformative potential of blockchain technology, and is poised…
Sponsored Mention: What Obstacles Businesses Usually Face While Registering For MiCA Licensing?
The European Union financial sector undergoes a significant transformation, because of cryptocurrencies. Countries decide how their governments should regulate digital assets. This was the reason for the introduction of different licenses, with one of the most popular being MiCA regulation, which SBSB Fintech…
