Asia is rapidly becoming a hotbed for global blockchain development. According to recruiting firm Robert Walters PLC, blockchain hiring in Asia was up by 50% in 2017. That is a drastic rise in demand for skills, and other economic regions like North America and Europe have seen a spike in blockchain hiring as well.Interestingly, many people simply don't have the skills that … [Read more...] about Asian Blockchain Hiring Explodes, Commercial Use Cases Expand
Archives for August 2018
It would appear that since cryptocurrency's sharp rise on August 29, the market has been successfully holding its position. Right now, the global market cap is holding at $225 billion and is on a steady incline. It may be too early to tell whether we have left the bear market yet, but the current state of the charts is certainly inviting for traders and investors. At this … [Read more...] about Crypto Markets on Steady Incline at the End of August
Driven by the belief that artists should be looking for innovative ways to sell their work, a London-born artist has sold his entire art collection for cryptocurrency.Lincoln Townley is a self-taught artist who has been hailed by Michael Caine as the “next Andy Warhol” and boasts a string of A-list collectors, including Samuel L Jackson, Al Pacino, Ronaldinho and … [Read more...] about British Artist Sells Entire Art Collection for Cryptocurrency
Standing at $1.3 trillion, Bitcoin transactions have reached a higher value than PayPal’s in 2018. This means that more money has been passed between users of Bitcoin than users of PayPal. This is huge news for the industry, as it proves that cryptocurrency is, in fact, robust and valuable enough to beat conventional fiat platforms. Since the creation of Bitcoin, people have … [Read more...] about Bitcoin Transactions Surpass PayPal
David T Lawrence, the man who attempted to raise money in a 2017 ICO scam, has been fined USD 30,000 by the SEC and handed a permanent ban for selling securities. The investors were offered a coin that could be converted to equity in oil exploration. The bans are permanent for a lifetime. Lawrence cannot own or trade penny stocks and cannot work as an officer or director in a … [Read more...] about Tomahawk ICO Scam Founder Barred and Fined USD 30,000 by SEC
There was much excitement surrounding the launch of the worlds first state-backed cryptocurrency in February, which has since been followed by a currency known as the Sovereign Bolivar. After the economic crisis in Venezuela, which saw extreme hyperinflation of the national currency (the Bolivar), President Maduro launched an oil-backed cryptocurrency called the Petro. But … [Read more...] about The Sovereign Bolivar – Fake Fiat, Linked to Imaginary Crypto, Backed by Non-Existent Oil
News has emerged from Singapore that Terra, or Terraform Labs as they’re legally known, have raised USD 32 million to finance their vision of creating the next generation of digital money.Project Terra, which will be based on blockchain and cryptocurrency technology, has been funded by the likes of Translink Capital, FBG Capital, Hashed, 1kx, Kenetic Capital and Polychain … [Read more...] about Terra Raises USD 32 Million – Plans to Build the Future of Money With Blockchain
Over the course of one single year, bitcoin mining has used twice as much electricity as the State of Qatar.A sovereign state with a population of over 2.5 million people uses half the electricity that bitcoin mining operations do over any given 12 month period.Let that sink in for a second. An unregulated industry Now, think about the current rules and regulations that we … [Read more...] about Bitcoin Mining and Crypto Pollution – Is Regulation the Answer?
Canada's first blockchain and cryptocurrency event, the Blockchain futurist Conference, ended on August 16 as a major success. The conference, which took place over two days in Toronto, saw over 2,300 attendees, 128 speakers, and 61 sponsors. Members of the conference were able to spread themselves out around three separate stages, meaning there was no shortage of entertainment … [Read more...] about Blockchain Futurist Conference Completes as a Success
Bill number 2658 from the California legislature looks like it is on the way to Governor Jerry Brown. The California blockchain bill began in 2016, as “A record that is secured through blockchain technology is an electronic record." The California blockchain bill seems to have moved though the Senate and General Assembly with overwhelming support.The version of the California … [Read more...] about California Blockchain Bill is Finalized in State Legislature
Along with the expanding cryptocurrency and blockchain industry comes blockchain jobs, and at the moment demand is exceeding supply.In the 12 months leading up to this month, August 2018, an online community for developers called Stack Overflow reported an increase of over 500 percent in blockchain jobs being posted on their site in comparison to the previous year. Fastest … [Read more...] about Blockchain Jobs – a Booming Industry
Brazil has become the latest country to start investigating cryptocurrency exchanges. Brazilian crypto exchanges have reportedly been sent a 14-point questionnaire. Unlike many other regulatory investigations, this was prompted by a severe data breach.The questionnaires have been disclosed amid news that the Atlas cryptocurrency investment platform was hacked, with the data … [Read more...] about Crypto Exchanges Under Investigation in Brazil After Huge Data Breach
Following news that Iran is looking to lift its ban on cryptocurrency due to US-led sanctions that have limited cash flow and international cash transactions in the nation, the Iranian central bank has unveiled plans to launch its own indigenous state supported cryptocurrency.According to the Iranian news agency Ibena, the Central Bank of Iran has been finalizing details … [Read more...] about Iran Unveils Plans to Launch Its Own Indigenous State Supported Cryptocurrency
As the relationship between football and digital currencies begins to make its mark, a professional Italian football club are the first ever to be purchased in cryptocurrency. Although it can sometimes be difficult to buy even small things with crypto in daily life, the purchase of Rimini FC 1912 is a landmark moment for the industry.There is already a multitude of former … [Read more...] about Italian Football Club Purchased in Cryptocurrency in Historic Move
Online business-news startup Quartz is launching a crypto newsletter which will be titled Quartz Private Key.The aim of the newsletter according to those behind it is to offer guidance to its subscribers through the crypto markets, which can often-times prove to be unpredictable and turbulent. Monthly or annual fee The crypto newsletter will be available for a monthly fee of … [Read more...] about Quartz Launches Twice-Weekly Paid Crypto Newsletter
Cybervein, the cryptocurrency focused on decentralized databases, has commenced a series of global cryptocurrency token hunts. Crypto wallets have been hidden all over the world, with each wallet containing 100,000 Cybervein tokens (which is currently equal to over USD 3000). How to take part in the token hunt Those who choose to engage in the token hunt will be provided with … [Read more...] about Can You Find the Hidden Crypto in Cybervein’s Global Token Hunt?
For the first time in the last few months, people seem to be acting positively about the cryptocurrency market. This is because, in the last couple of days, the market has risen at a surprising rate. On August 27 the global market cap was $215 Billion, on August 29 it is worth $232 Billion. That is nearly an 8% rise. It has lead people to question whether we are experiencing … [Read more...] about Have We Entered a Crypto Bull Run?
The merging of cryptocurrency and sport is only a natural progression for the blockchain industry. Using cryptocurrency in the sporting arena is already changing the way we look at the sector, although some claim it is more in the best interests of raising the profile of new cryptocurrencies and lining the pockets of famous old sports stars than it is being utilized for the … [Read more...] about Cryptocurrency and Sport – A Competitive Partnership From Past to Present
It has been reported that Morgan Creek Digital, an asset management company that is backed by investment advisor Morgan Creek Capital has partnered with Bitwise Asset Management to launch a new crypto index fund aimed at institutional investors.Morgan Creek, which was founded by Mark Yusko in 2004, and Bitwise Asset Management are hoping to attract the highly coveted … [Read more...] about Morgan Creek Partners With Bitwise for New Crypto Index Fund
The vast majority of people outside of China don't understand how popular Alipay has become. They are a subsidiary of Ant Financial, which is in turn owned by Alibaba. The specifics of the company aren't as important as how popular their “bankless” business model has become.Last year Alipay handled around USD 8 trillion in transactions. That is twice as much as MasterCard … [Read more...] about Success of Alipay Demonstrates Crypto’s Potential in Unbanked Populations