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The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,. дальше »

2018-10-5 03:00


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Deloitte Details Five Things That Will Enable Widespread Blockchain Adoption

Blockchain technology could disrupt the financial sector. Its immutable, digital, and publicly available decentralized network challenges the centralized and opaque legacy bank networks. Governments across the world, along with private organizations around the world, are showing interest in working with blockchain technology. дальше »

2018-10-2 16:19


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Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own

The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies. дальше »

2018-9-21 20:00


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Mt. Gox Victims Must Go To Tokyo, Not US

The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US. дальше »

2018-9-13 13:30


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They Might Be Anti Crypto, But The Blockchain Is Still Sought After In India

India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country. дальше »

2018-8-28 16:00


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India’s Apex Bank Forms New Unit to Handle Blockchain Regulations

The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018. дальше »

2018-8-27 19:29


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Barclays Still Showing An Interest In Crypto Trading, Despite Previously Ruling It Out

Barclays have been awash with rumours speculating that they are planning on setting up a cryptocurrency trading desk. The rumours soon hit a dead end when a spokesperson from Barclays came out and debunked the rumours, stating that: “Cryptocurrency is a real challenge for us because, on the one hand, there is the innovative side of it and wanting to stay in the forefront of technological improvement in finance. дальше »

2018-8-9 08:00


Bank of Canada Paper says CBDCs Will Bring Economic Gains

Countries that are still thinking of whether to introduce a central bank digital currency or not should find the decision easier to make now. A new research paper released by S. Mohammad R. Davoodalhosseini of the Bank of Canada on Thursday highlighted the economic gains that can be realized when a country issues a domestic […] The post Bank of Canada Paper says CBDCs Will Bring Economic Gains appeared first on ZyCrypto. дальше »

2018-7-27 18:58


India Stands Still – Should Crypto Go or Stay ?

The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto. дальше »

2018-7-20 15:08


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


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You’ve Heard Of India’s Crypto Ban, But Why Did They Do It In The First Place?

The Reserve Bank of India (RBI) have relished in headline news for the past couple of weeks. This of course stems from a ban on cryptocurrencies, stipulated by the RBI a few months earlier. The ban came in to force at the start of July and now, as it stands, means that traders in India can no longer trade FIAT-Crypto or vice versa. дальше »

2018-7-12 12:30


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China Maintains Tight Stance on Cryptocurrencies: Official States ICOs Will be “Crushed”

After announcing a blanket ban on cryptocurrencies in September 2017, China’s central bank publicly called the move a success on July 7, 2018. Unauthorized Financial Products Will be “Crushed” On July 9, 2018, Yicai reported the statements of Pan Gongsheng, head of the Internet Finance Rectification Working Group, who noted that the country still holds a pessimistic view of ICOs,. дальше »

2018-7-12 08:00