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A fair few companies have shifted their attention away from the Ethereum blockchain due to scaling concerns. ChainZilla is a company which aims to facilitate this transition for teams who want to access a blockchain which suits their specific needs. It’s an interesting business model, albeit one that raises a few questions. ChainZilla Offers a … Read more
It is very difficult to make sense of the current cryptocurrency market momentum. While the overall trend is extremely bullish, the reasoning behind it remains an elusive mystery. For most of the markets, that is a good thing. Looking at the Monero price, for example, things are definitely looking very promising. Monero Price Finally Gets … Read more
A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of … Read more
Six government-approved cryptocurrency exchanges in Japan have submitted their business improvement plans to the country’s top financial regulator. While improving their internal systems, most have also engaged in different areas of business expansion. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Six Business Improvement Plans Submitted Six of Japan’s 16 government-approved cryptocurrency exchanges have … Read more
The rather uneasy situation across all cryptocurrency markets continues unabated. With Bitcoin still soaring, altcoins continue to struggle for any real momentum at this stage. The Ethereum price has finally found some support and is slowly bouncing back after a few rough days. Successfully maintaining the $470 price level will not be easy. Ethereum Price … Read more
Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. The officials also called on the Financial Action Task Force to clarify by October how its anti-money … Read more
Advancing the blockchain and cryptocurrency ecosystems will require a very different mindset. Instead of doing everything on their own, it is important for projects to pursue interoperability options. Although it seems like a daunting task, there are a lot of possibilities waiting to be explored. Interoperability Is Key for Blockchain Opportunities abound in the world of … Read more
The first half of 2018 has been pretty interesting for all cryptocurrencies. Despite falling prices across the board, it is evident the current momentum does not favor some currencies. Looking at the bigger picture, not much has changed at the top, although a lot of currencies have switched positions outside of the top four. The … Read more
The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. This announcement is independent of the supreme court’s hearing of petitions relating to crypto regulation in India. Also read: Yahoo! Japan Confirms … Read more
It is not uncommon to see new virtual currencies come to market these days. Given the thousands of altcoins on the market today, it is evident that competition is still heating up. In South Africa, a long-awaited cryptocurrency has finally come to market. The town of Orania has made it clear that it will explore … Read more