The Bitcoin Cash Network Processed 687,000 Transactions on August 1st

Over the last day, BCH proponents have been celebrating the ‘Bitcoin Cash Independence Day’ which marks the anniversary of the August 1 blockchain split that took place a year ago. During festivities, the BCH community sent a ton of transactions over the course of the day and on August 1, 2018, the Bitcoin Cash network … Read more

Australia Turns to Blockchain for Traceability in the Sugar Industry

The Australian government will provide a AUD$2.25 million grant to an initiative that seeks to use blockchain technology to develop transparency in the sugar industry. Known as the Sustainable Sugar Project, it will be used to prove the origins of the sugarcane used and the sustainability of farms. This will give consumers confidence in the … Read more

Philippine SEC Approves Draft Rules for ICOs and Crypto

The Philippine SEC (Security and Exchange Commission) approved draft rules for initial coin offerings (ICOs), ABS CBN News reported. This official approval will pave the way for the legal sale of cryptocurrencies in the Philippines. The Securities and Exchange Commission has released, for public comment, the proposed rules to govern the registration of initial coin … Read more

Northern Trust Enters the Cryptocurrency Industry

Cryptocurrencies are of great appeal to a lot of consumers and corporations. In particular, firms in the financial sector want to enter this market sooner rather than later. Northern Trust, a famous financial services giant, is looking to expand its blockchain and cryptocurrency presence. Northern Trust Makes a Strategic Move There has been increasing interest … Read more

Bitcoin Price Watch: Currency Stays Put as Analysts Consider the Future

At press time, the father of cryptocurrency is digging its heels into the ground and staying right where it is. In other words, the currency fell to $7,500 yesterday, and is remaining in this position. It’s not spiking any further, but it’s not dropping either, and we must take every bit of news as it … Read more