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…

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…

Wallet development is one of the most significant aspects of the cryptocurrency revolution, yet it remains largely on the sidelines in terms of the larger discussion on mass adoption. All agree that cryptocurrencies cannot fully go mainstream without simple, user-friendly methods for usage and storage. Likewise, as blockchains and digital assets become more advanced, wallets…

The United States Department of Justice has opened an investigation into potential illegal activity in cryptocurrency markets. Working with the Commodity Futures Trading Commission (CFTC), the investigation seeks to determine if illegal tactics are being used to manipulate prices on exchanges. Crypto trading has grown substantially in recent months, and unlike traditional commodities markets, there…

A recent report in the scientific journal Joule has concluded that Bitcoin mining currently consumes as much electricity as Ireland, and is on track to consume .5 percent of global power by the end of this year. This report has raised concerns, as many consider such a massive use of energy wasteful and…

Since the earliest days of the blockchain movement, governments have recognized the potential for cryptocurrencies to be used for illegal activities. In fact, whereas states have been very slow to accept crypto for legitimate economic purposes, they have paid significant attention to its criminal use. Recently money laundering has become a priority for law enforcement,…

Earlier this month Goldman Sachs announced that it would begin Bitcoin trading, thus adding one more name to the ever growing list of traditional financial institutions that are becoming involved in cryptocurrencies. A recent survey by CNBC has revealed that twenty percent of financial firms plan to begin trading crypto over the next few months.…

As crypto values begin to pull out of the slump that began in February, once again great interest is emerging over altcoins and which, if any, could challenge Bitcoin as the leader in the crypto space. Although the recent price decline may have caused concern for traders and investors, blockchain and crypto development has been…

In 2013 the first Application Specific Integrated Circuits (ASICs) entered the marketplace for Bitcoin mining. These chips, which are vastly more powerful than the GPUs used up to that point, quickly transformed Bitcoin mining from an obscure activity by crypto advocates into a major corporate enterprise. In addition to selling the ASIC miners, manufacturers quickly…

One undeniable fact of the crypto revolution is that the vast growth in platforms is certain to continue unabated. There are currently more than fifteen hundred cryptos, with many more under development. When the ICO boom began last year, new coins easily drew attention and investment. Such is no longer the case, as the market…