Bad news is always good for mainstream media channels as it sells more newspapers or pulls in more viewers. Bear that in mind when you see the next blockchain article covered in the press or on television. The Guardian recently published an article online that included the following headline: “Child abuse imagery found within bitcoin's blockchain.” If that’s wasn’t enough to … [Read more...] about Are There Really Unsavoury Images in the Bitcoin Blockchain?
It seems hardly a day goes by without news of yet another blockchain related Patent filing. This time it’s the United States Postal Service (USPS) for METHODS AND SYSTEMS FOR A DIGITAL TRUST ARCHITECTURE. US patent application number 20180083771 was published 22 March, 2018 and relates to a filing dated from September 2017.USPS has recognized that more and more events take … [Read more...] about Another Day and Another Blockchain Based Patent Is Filed
The search engine and technology giant Yahoo is planning to create its own cryptocurrency exchange, according to a report from Nikkei Asian Review. The company intends to gain a 40-percent stake in the BitARG Tokyo exchange and subsequently use the technology to release their own fully operational exchange in the first or second quarter of 2019. YJFX, a company … [Read more...] about Yahoo Japan Reported to Be Launching Cryptocurrency Exchange
Last month, MPs in the United Kingdom announced the launch of an inquiry into cryptocurrencies. Now they have set up a crypto task force to tackle the risks posed by the technology as the hype surrounding crypto continues to grow.The crypto space is still largely unregulated, which has led to a barrage of criticism leveled at the currency by Bank of England director Mark … [Read more...] about UK Gov Establishes Crypto Task Force as Part of Wider FinTech Strategy
There are several aspects of the cryptocurrency market which are in need of improvement, one of which is that of exchanges. Numerous cryptocurrency exchanges are riddled with errors, inadequate security, or technical issues, making investors worried about the safety of their assets.Here is a non-exhaustive list of issues that most exchanges currently face. Exchanges are … [Read more...] about Pitfalls of Current Cryptocurrency Exchanges
“Perhaps the most encouraging benefit of blockchain technology is the incentive it creates for participants to work honestly where rules apply equally to all. [...] But as an infrastructure that improves society’s public records repository and reinforces representative and participatory legal and governance systems, blockchain technology has the potential to enhance privacy, … [Read more...] about Coca-Cola and the US State Department to Work on Blockchain Project to Tackle Forced Labor
Over the coming years blockchain technology, including digital currencies, is likely to become as integrated into our daily lives as smartphones and the internet are today. It’s not just the young and technically minded that use smartphone and the internet - the technology has been embraced by all ages.Currently, blockchain technology, including setting up digital wallets … [Read more...] about How Much Do You Know About Digital Currencies?
Kevin O'Leary, co-founder of Softkey Software Products, has appeared on CNBC's YouTube channel to suggest that cryptocurrencies might replace small-cap stocks. O'Leary, an Irish Canadian businessman, is known to many from his appearances on various Canadian and US television programmes. He was previously involved in the Canadian version of Dragon's Den before moving on to the … [Read more...] about Will Asset-based Coins Replace Small Cap Stocks?
Bank of England Chairman Mark Carney had been vocal about the ’dangers’ of cryptocurrency in the run-up to the G20 summit earlier this week, but on the eve of the meeting, he seemed to change his tune. Carney in the run-up to the G20 meeting Before the G20 meeting, it seemed that BoE governor Mark Carney was never short of a warning or two on the dangers of unregulated … [Read more...] about Has BoE Governor Mark Carney Changed His Tune Regarding Cryptocurrency?
The social news aggregator, Reddit, is a great place to discuss crypto with other enthusiasts. Yesterday /r/cryptocurrency (Reddit's largest cryptocurrency board) announced changes to the rules that govern what a user may or may not post.First off, I should make it clear that this move isn’t reminiscent of the recent announcements made by social media giants Facebook, or by … [Read more...] about Reddit’s Biggest Cryptocurrency Forum Changes Its Rules to Better Facilitate Discussion and Promote Quality Content
Ever since Mt. Gox mishandled over $400 million of Bitcoins, the crypto-community has had trust issues with exchanges. Industry veterans constantly warn users not to keep their funds on exchanges; people are quick to assume that an exchange has lost their money if it doesn't turn up in a certain amount of time; and, it has become such a common practice for exchanges to have … [Read more...] about We Are in Need of a Trustworthy Exchange
Day-traders who handle large quantities of cryptocurrency often find themselves searching for an exchange that has one particular feature: low latency. In trading terms, latency means how fast a person's trading bot can react to the current state of the market. Trading bots are specialized programs designed to buy and sell assets within a minuscule period (generally less than … [Read more...] about What Is Latency and Why Is It so Important?
In May, the European Union will be introducing GDPR (General Data Protection Regulation) in a bid to update data protection laws and bring them in line with the modern world. This issue has been in the spotlight recently following the recent scandal involving Facebook. Both developments could have repercussions that will be felt in the crypto space.Facebook has come under … [Read more...] about GDPR: What New EU Regulations Could Mean for the Crypto Space
The crypto-to-crypto exchange, Binance, may see criminal charges from Japan’s Financial Services Agency (FSA) if it does not stop all activity in the country. The Nikkei Asian Review paper has found that Binance may have to close its office in Japan if it does not take action.The FSA has stated that since Binance has been operating without a registered license, it will need … [Read more...] about Binance to Face Legal Action in Japan
There seems to have been an ICO for everything imaginable, and at least a few were totally off the wall. This is a review of some of the most bizarre ICOs. TombCare (CARE) When I first looked at this ICO, I was a little disturbed by the idea that death was going to be added to a blockchain. Death is not a subject that many of us discuss, and it seemed to be taking blockchain … [Read more...] about The 3 Most Ridiculous ICOs EVER!
You might have read recent news articles regarding the first US city to “ban” cryptocurrency mining. Does this mean the US is looking to scale back on cryptocurrency mining within its borders, and will mining continue to be concentrated in China? Did Plattsburgh, NY just ban cryptocurrency mining? Plattsburgh became very popular with cryptocurrency miners due to its … [Read more...] about Will Cryptocurrency Mining Continue to Expand in the US?
The plan of Venezuelan President, Nicholas Maduro, to issue an oil cryptocurrency (the Petro) was widely criticized by the opposition and the USA alike, but could an oil-backed cryptocurrency be a reality one day?Many believe that the future of finance lies in the world of cryptocurrency. However, even among this school of thought, there are varying opinions on how that … [Read more...] about Is There a Future for Oil Backed Cryptos?
Point and Figure (P&F) charts are a trading analysis tool that dates back to the 1900s. They are used as a means of viewing the actions of a market through a minimalist lens. For that reason, P&F charts are referred to as 'noise filtering' tools. Understanding these charts is a complicated process at first, mainly because they look so different from the standard charts … [Read more...] about Understanding Point and Figure Charts
The US Congress has released a joint report on the state of the economy with a chapter dedicated to cryptocurrency. What’s surprising is that the report is mainly positive when discussing the future of the technology.You don’t have to look far to read an article that paints a negative picture of the United States’ attitude towards cryptocurrency, (read anything said by Jay … [Read more...] about U.S. Congress: ‘Building a Secure Future One Blockchain at a Time’
Following the news that Google plans to impose a ban on all ICO and other crypto related advertisements, we ask what is next on the agenda and is this approach sensible or needlessly hardline. The Ban Google recently announced that they will ban all advertisements as part of their new restricted financial products policy. The ban will cover advertisements for initial coin … [Read more...] about Google’s ICO Ban: Is a Hardline Approach Necessary and What’s Next?