Bitcoin recently experienced a significant drop in value when over the course of this last week. Its value dropped from a stable $9,000 to $5,000 in a matter of days. At the same time, on the stock market, many companies and indexes also lost value. Most notably, the S&P 500 index, whose loses flipped a…
One of the largest tragedies that happened for cryptocurrency and blockchain was the fall of the first Decentralized Autonomous Organization (DAO) "The DAO" when a hacker found a bug in the system and drained a third of the DAO's holdings ($41 million worth of ETH). This is the event that caused the Ethereum hard fork…
The Austrian Institute of Technology AIT and French blockchain security company NIGMA Conseil, have signed an agreement to combat cryptocurrency-enabled crime, according to a press release published by the parties on Feb. 25th, 2020.
The foundation of this agreement is intended to strengthen the collaboration between them against both cryptocurrency and other financial crimes. Both of…
Bitcoin enables financial freedom and provides access to everybody that also has access to the internet. It represents the perfect global blockchain use case. No intermediaries, just payees and receivers.
However, we have a long way to go before we start to use blockchain in all of the right places (and in the right ways). For…
Distributed ledgers, i.e. blockchain applications and cryptocurrencies are completely separate things, but that doesn't reflect the U.S. budget and intentions.
Trump has once again completely ignored the need for the U.S. to begin integrating blockchain technology in the governmental structures of the country.
A recent Forbes article reveals how close the U.S. President Trump is to minds…
Back in October, Chinese President Xin Jinping promoted the use of blockchain technology by and for the Chinese economy and provided the public with unadulterated access to the nation's BSN network. However, he could not predict what would ensue in the following months.
Following the outbreak of the Coronavirus in Wuhan, the chances for a successful…
The U.S. Federal Maritime Commission is making a decision on the official approval of the TradeLens platform, as stipulated by an agreement made between IBM and Maersk and the participating parties i.e. cargo transport companies.
Starting on January 11th, 2020, the Agreement is passed into the public domain and comments are accepted until the 23rd of…
The food and transport industries are embracing blockchain technology to realize a more transparent and efficient future. At the same time, very little is done in one industry where blockchain can provide a significant amount of value to consumers.
Big-name fashion, clothing, and shoe brands are the ones that stand the most to benefit, while at…
Oklahoma's Senator Nathan Dahm has drafted a new crypto positive bill which is to be introduced on the third of February, 2020. The bill contains a lot of crypto positive implications and can be considered a strong determining factor for the future of cryptocurrency in the state.
One of the most important parts of the bills…
The Sacramento Kings, a Californian NBA team announced their second blockchain platform "Kings Live Auctions" on January 15th through Twitter. In the past, the team has also created a blockchain-based rewards program for their fans.
The platform is a live auction bidding marketplace built on Ethereum, where the team will offer official game-worn merchandise to their…
