Binance has been hit with its second security breach this year as a hacker has begun releasing customers’ personal information related to the exchange’s know-your-customer (KYC) processes. The hacker began releasing the information after Binance refused his extortion demand of 300 Bitcoins. Although Binance is downplaying the significance of this incident, it is cooperating with…

Although impressive development has taken place across the blockchain space during the past few years, the ability to purchase crypto with fiat remains challenging. Despite growing interest from the public, purchase options are limited, as the process tends to be long, inconvenient, and expensive. More fiat onramps are opening, but regulatory hurdles continue to be…

Blockchain technology is on track to disrupt many institutional and business sectors, and its move into the mainstream will likely take place in steps. Among the first is logistics, with the fight against counterfeit goods being a top priority. This type of application is relatively easy for distributed ledger platforms to perform, and could result…

The Bitcoin price recovery that began in April has flatlined, with the price remaining around USD $10,000 for most of this month. Although Bitcoin remains firmly in the top position in terms of market value, its status as the flagship cryptocurrency continues to face challenges. The current state of affairs within the blockchain space reflects…

Cryptocurrencies have become a key topic of discussion across Washington as America’s leaders are rapidly waking up to the reality of its disruptive potential. Individuals from different branches of government are weighing in on its development and adoption, and although many express concern or derision over the use of blockchain assets, there is also a…

The large institutions that oversee the mechanisms of the global economy are paying ever closer attention to blockchain technology and cryptocurrencies. Among these institutions is the International Monetary Fund (IMF), which for over seventy years has played a leading role in ensuring worldwide fiscal stability, particularly in underdeveloped countries. The IMF has just released a…

Facebook’s announcement of Libra, its soon-to-be launched digital currency, is bringing significant attention to the growing crypto revolution, none more so than in the halls of the United States Congress. Although there is plenty of debate to be had over whether or not Libra is a true cryptocurrency, there is no doubt that its creation…

The scaling debate is, without question, one of the most contentious issues in the blockchain space. When it reached its boiling point in August 2017, Bitcoin adopted Segregated Witness (SegWit), opening the door to the creation of the Lightning Network (LN). Now active, this second-layer protocol promises the ability for Bitcoin to processes many thousands…

As the crypto revolution has moved forward, the major credit card companies have maintained a curiously low-key approach to its evolution. Now, Visa appears ready to enter the space, having recently made significant investments in blockchain startups, and revealing plans to offer financial services that utilize the technology. These moves are a clear sign that…

Bitcoin’s price recovery has been creating significant media attention, yet much more is happening in the blockchain space that reflects the technology’s march into mainstream use. A number of platforms have made impressive inroads into real-world adoption over the past several weeks, some with very large, and influential institutions. Interestingly, these moves have yet to…