Former World Bank Chief Economist: Bitcoin Will Fail as Governments Increase Regulation
Three U.S. economists offer harsh criticism of Bitcoin, claiming that it’s doomed to be “regulated into oblivion” Go to Source Powered by WPeMatico
Cryptocurrencies
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Bitcoin Graffiti: How the Economic Revolution Has Painted the Streets
As bitcoin and the idea of decentralized technologies continue to disrupt the economy there’s been a new wave of artists that use the cryptocurrency’s symbolism in many different ways. Some of these creators are fairly unknown and use graffiti to describe the revolutionary aspects of bitcoin in the rebellious form of street art. … Read more
‘First Universal Wallet’ Supports EOS Mainnet and Offers Free Account Name Registration
The “world’s first” multi-asset, universal wallet has begun supporting the EOS mainnet that will address weaknesses seen in other blockchain-based systems — such as scalability and transaction speeds. The company is offering free registration of EOS account names #SPONSORED Go to Source Powered by WPeMatico
Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?
Bitcoin remains the cryptocurrency most usable as actual money, but other coins are catching up Go to Source Powered by WPeMatico
German Bank Offers Special Accounts to Cryptocurrency Firms
The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. … Read more
Bank of Korea Says Crypto Investment Poses ‘Insignificant’ Risk to Local Financial Market
South Korea’s central bank says crypto poses “insignificant” risks for financial institutions, with domestic banks holding a “not really big” $1.79 bln in crypto at the end of 2017 Go to Source Powered by WPeMatico
Bitcoin Trading in Chinese Currency Drops Below 1% of World Total
Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. Also read: Crypto Exchange Binance Expects up … Read more
Crypto Markets Rally, With Bitcoin Pushing $7K, Ethereum Close to $500
Crypto markets see a wave of confidence, with Bitcoin pushing the $7K price point, and Ethereum close to $500 Go to Source Powered by WPeMatico
Blockgeek’s Ameer Rosic: ‘Everyone Is Smart Enough to Lose or Make Money’ in Crypto
According to Blockgeek’s Ameer Rosic, blockchain tech still has a long way to go before it will reach the level of scalability needed for widespread adoption Go to Source Powered by WPeMatico
Crypto Exchange Binance Expects up to $1 Billion Profit in 2018
Leading cryptocurrency exchange Binance expects a net profit of up to $1 billion USD this year. The trading platform has already registered about $300 million of revenue in the first half of 2018 and a five-fold increase in the number of users. The data demonstrates a serious growth for Binance which is taking steps to … Read more