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While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. … Read more
Blockchain technology can be used for many purposes. Unsurprisingly, a lot of companies are working on products which are far from production-ready. PricewaterhouseCoopers wants to audit companies’ use of the blockchain to ensure it is being used properly. Moreover, it will let company staffers monitor their internal blockchain transactions. An Interesting Venture for PwC With so many … Read more
Cryptocurrency has made quite a few appearances on various TV shows over the years. Most of those “guest roles” have not shed any positive light on cryptocurrency in the slightest, which is not a big surprise. Cheddar, a web TV network based in the US, is now airing its “Crypto Craze” show every Thursday. The Crypto Craze TV Show … Read more
More interesting developments are happening in the world of cryptocurrency. Coincheck has made a lot of major headlines in the past few months. The company was recently hacked and is now dropping support for anonymity-oriented currencies altogether. It’s a rather surprising development, although one that is easily justified. More Coincheck Developments The main reason people are … Read more
A lot of companies have shown an increasing interest in Bitcoin and other cryptocurrencies. One firm which has been doing so in secret goes by the name of Jane Street. This firm has flown under most people’s radar for quite some time now, despite trading over US$5 trillion worth of assets throughout 2017. Jane Street and Bitcoin … Read more
Venezuela is a very peculiar country for many reasons. Ever since the Petro was issued, people have been wondering how it would affect actual cryptocurrencies in the country. It now seems the government has launched a crypto mining program meant to attract up to 1 million people. It’s a rather intriguing development, especially because this has seemingly nothing to … Read more
Today will prove to be a very interesting day for all cryptocurrencies. As most of the value declines are not gone just yet, we may see some impressive uptrends later today. It seems the Cardano price is heading in an interesting direction, thanks to the 19.96% gain over the past 24 hours. Sustaining any solid … Read more
It is evident the cryptocurrency markets are going through a brief period of recovery as of right now. With most markets showing some positive momentum out of the blue, things are looking good as of right now. The Stellar price is one of the biggest gainers over the past 24 hours, pushing the value back … Read more
Coincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, … Read more
This week Jane Street Capital a global proprietary trading firm has announced it has been trading BTC these days. Often referred to as one of Wall Street’s most secretive investment companies, Jane Street says if cryptocurrencies continue to rise they expect to be involved. Also read: Championing Decentralized Exchanges, Now Might Be the Perfect Time … Read more