Meet Bitcoin’s New Rock Star; CFTC’s J. Christopher Giancarlo

A strange thing happened on the way to the decentralized digital currency revolution: a cop – a regulator – seems to have salvaged bitcoin’s giant crash. Less than 24 hours after a 65 percent drop in bitcoin’s price, hysteria from all corners, no less than one man, the Commodities Futures Trading Commission (CFTC) chair, J. … Read more

Bitcoin’s Volatility Is a Feature, Not a Bug

Another suicide has made its way to media scrutiny, and crypto markets plummeting was promptly highlighted as the ultimate cause. It’s time to consider our mental health as investors in light of bitcoin’s infamous feature – volatility. Also read: Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners  Bitcoin’s ”Death” Is Not the End … Read more

Myetherwallet Relaunches as Mycrypto Following a Hostile Twitter Takeover

Myetherwallet, the web’s most popular client-side ethereum interface, has announced a surprise rebrand. The service will henceforth be known as Mycrypto following an acrimonious split. The sudden move took one half of the Myetherwallet team by surprise, who claims the “Twitter handle was changed without knowledge or permission of MEW’s founder”. It has also emerged … Read more

What Is Aion?

While the crypto domain continues to garner more and more attention by the day, the mainstream adoption of blockchain technology is still hampered due to issues of scalability, privacy, etc. While first and second-generation blockchains such as Bitcoin and Ethereum worked to create decentralized payment platforms that eliminated the need for financial intermediaries such as … Read more

Russia’s Largest Bank Caught Employees Mining For Crypto

Russia’s largest bank, the state-controlled Sberbank, has reiterated that it is not mining cryptocurrencies. However, the bank says that it has often caught its employees crypto mining using the bank’s equipment. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Sberbank Claims It’s Not Mining Crypto The state-controlled Sberbank is the largest bank … Read more

Request Network Uses Blockchain Technology to Create a Decentralized Payment System

Blockchain technology is capable of transforming a number of industries, yet it’s been predicted that the financial sector will be leading the way in terms of development via the blockchain. According to IDC’s inaugural Worldwide Semiannual Blockchain Spending Guide, blockchain spending will be led by the financial sector, whose spending is expected to reach $754 million in … Read more

U.S. Marshals Auction Completes the Sale of 3,800 BTC

The U.S. Marshals revealed this week it completed the auction that saw the sale of 3,813 bitcoins ($31Mn USD) on January 22. The bitcoins were seized from various civil forfeitures and criminal cases involving U.S. law enforcement agencies like Homeland Security and the Federal Bureau of Investigation (FBI). Also read: Weiss Ratings Defends its Decision to … Read more

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