Wednesday, December 19, 2018
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IBM Report Indicates Auto Industry Interest In Blockchain

In terms of price action, 2018 hasn’t been favorable to cryptocurrency markets. However, it does seem that more and more, some of the most well-known and respected companies in the world are understanding the value of blockchain technology. In fact, in an IBM executive report, a majority of executives appeared to believe that blockchain will be a “disruptive force”...

PAX Stablecoin Already Saw $5 Billion in Transactions in The First 3 Months

One major development in the cryptocurrency space this year is for sure the rise of stablecoins. One stablecoin after another has hit the market in 2018. The continuing bear market, of course, plays a big role in this, with many investors moving their digital assets to stablecoins when things get bloody. About 3 months ago, the Paxos Trust Company launched...

CFTC Calls For A “Request For Information” Regarding ETH

The CFTC wants to hear what the public thinks about Ethereum (ETH) and the Ethereum Network. They also announced that they are looking for an in-depth analysis of the Ethereum blockchain in order to “better inform the Commission’s understanding of the technology.” In a press release on December 11th, the CFTC is calling for a “Request for Information” (RFI) for...

Ripple Official Claims That Banks Will Eventually Adopt Cryptocurrencies

This is, of course, no certainty, but we need positive thoughts during bear markets. According to a Ripple executive, Ross D’Arcy, banks will, in due time, adopt cryptocurrencies. D'Arcy made the remarks during the Impact Fintech 2018 in Poland.  Ross D’Arcy, the Sales Director at Ripple, spoke about Ripple’s upcoming developments and the problems that Ripple, as an organization, is trying to...

Former Mt. Gox CEO Mark Karpeles Might Get Ten-Years in Prison

On Wednesday, Japanese Prosecutors proposed 10 years in prison for Mark Karpeles, the former CEO of hacked Bitcoin Exchange Mt Gox. The Frenchman has been accused of embezzling $3 million worth of customer funds in 2013. In 2017, during the first hearing, Mark Karpeles already pleaded "not guilty" to the charges.  It is not exactly what Mark Karpeles is currently at trial...

Binance Launched a Platform to Help You Learn More About Cryptocurrency and Blockchain

When you start investing in cryptocurrency for the first time, the following advice will be given to you very fast: 'don't invest more money than you can afford to lose' and 'do your own research'. For the last one, often referred to with the abbreviation 'DYOR', Binance has set up a platform to help you out. Binance, the largest cryptocurrency exchange based...

Looking For FUD? A Harvard Economist is Ready to Share Some

The British newspaper the Guardian has published an opinion piece by Kenneth Rogoff, professor of economics and public policy at Harvard University. The good news is that he does not necessarily think that BTC will be worth $0; the bad -- he is critical of just about everything in crypto. Rogoff begins the piece by stating that despite the price drop "don’t...

Are Stablecoins the New Black?

The current highly volatile bear market is scaring many investors away. However, not all crypto is going through hardship. Stablecoins, which are fiat currency-pegged, have seemed to gain, according to a new report by Diar. The group, which describes itself as "Weekly Institutional Publication and Data Resource Analyzing Digital Currency & Assets," emphasizes that stablecoins' popularity has grown immensely in the past...

Bithumb Launches Cryptocurrency Voting Platform

Crypto exchange Bithumb has launched a cryptocurrency voting platform to renew its token listing process. Users of the exchange will now be able to directly evaluate, validate and vote on cryptocurrency projects that will be listed on the cryptocurrency exchange.  Founded in 2013, BitHumb is one of the most popular cryptocurrency trading platforms in South Korea. It is one of the largest...

You can Now send XRP with Siri!

First this developer made sending XRP with Amazon's Alexa possible, now he made it possible with Siri. Many people hate XRP, maybe because of its centralized features or because of its deals with banks. At the end of the day, XRP has some of the biggest partnerships and it's a top 3 currency based on market cap value. Before you...

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