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KPMG: Cryptocurrency Still Far Away From a Store of Value

When Moon? Not soon according to the talking heads at KPMG.  Bitcoin and other cryptocurrencies will require a bit more time before they truly function as a reliable store-of-value. We Ain’t There Yet, Says KPMG Whereas in August, KPMG reported that the blockchain industry was maturing and moving beyond experimentation, the latest study authored by KPMG, says Bitcoin and other cryptocurrencies will require a bit more time before they truly function as a reliable store-of-value. дальше »

2018-11-19 10:00


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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis

An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. дальше »

2018-11-19 09:00


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Payments Platform Kin Announces Token Migration from Ethereum to Custom Stellar Fork

The Kin project, launched by the developers of cross platform messaging app Kik, has announced that it will be completely moving away from the Ethereum blockchain in favor of Stellar. In a blog post released November 14, 2018, the project’s Blockchain Team Lead Gadi Srebnik wrote, “Apps are coming online with thousands of consumers earning and spending Kin every day. дальше »

2018-11-19 05:00


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Cryptocurrency Miners May Have to Pay More for Electricity in Chelan County

There is little doubt that cryptocurrency mining is extremely power intensive, with particular emphasis on coins that still rely on the Proof-of-Work (PoW) consensus mechanism. Recognizing this, Washington State’s Chelan County Public Utility District (PUD) has proposed a rate hike for mining enterprises within the region. дальше »

2018-11-18 17:00


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Cryptocurrency Market Update: Swiss Crypto ETP Approval Elevates XRP, Stellar Tops EOS

FOMO Moments Markets recovering a little on Sunday; XRP moving up, Stellar and Monero not far behind. A Sunday bounce has pulled cryptocurrency markets back from the abyss … for now. Following one of the largest falls this year during the week markets are recovering a little today as total capitalization creeps back up over. дальше »

2018-11-18 12:00


Holton Buggs Evicts IQ Chain Cryptocurrency Event Attendee For Misbehavior

Holton Buggs Evicted IQ Chain Event Attendee For Misbehavior A twenty-one-minute footage has appeared that shows Holton Buggs kicking out an event attendee. The footage shows him talking adversely about Ted Nuyten and BusinessForHome, making reasons for Ormeus Global investor losses and saying that he knows nothing about cryptos or coffee. He even failed to […] дальше »

2018-11-18 05:00


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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme

Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7. 8 billion yen (approximately $68. 42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their. дальше »

2018-11-18 02:00


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China’s Ping An Insurance Firm Partner With Sanya City Authorities to Build DLT-Powered Smart City

Ping An Insurance Group, a highly reputed China-based insurance corporation has joined forces with the Sanya municipal government to develop a “smart city” that would be powered by blockchain technology, artificial intelligence (AI) and other new technologies,” according to a local news source, People’s Daily on November 14, 2018. дальше »

2018-11-18 00:00


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BitGo Adds Support For Stablecoins; Set Sights on Listing 100 Cryptos and Tokens By the End of 2018

BitGo, a California-based blockchain security firm, digital assets wallet provider and custodian has announced it’s now supporting the major stablecoins  currently on the market, including Circle’s USDCoin (USDC), Gemini  Dollar (GUSD), Paxos Standard Token (PAX), and more, according to a Finance Magnates report on November 15, 2018. дальше »

2018-11-18 20:00