$13.7 Billion Raised so Far as 2018 Shatters ICO Volume Record

$13.7 Billion Raised so Far as 2018 Shatters ICO Volume Record

PwC, in collaboration with Crypto Valley, has released a report titled ‘Initial Coin Offerings: A strategic perspective‘ that analyzes ICO activity from 2013 through June 2018. The report found that 2018 has shattered the yearly ICO volume record, with USD 13.7 billion raised in 2018 so far. In 2017, only USD 7 billion was raised […]

Iranians Continue to Use Bitcoin Despite State Measures to Stifle Trade

Iranians Continue to Use Bitcoin Despite State Measures to Stifle Trade

Iranians are still using Bitcoin as a popular alternative to traditional currencies, despite anonymous reports coming in from Iran that the government has been stifling the trading of cryptocurrency since May 2018 by blocking important exchange websites. Apparently, every single cryptocurrency exchange website is censored, including peer-to-peer trading hub Localbitcoins, and the government is using […]

Bryan Bishop Releases Bitcoin Alert Keys to Public

Bryan Bishop Releases Bitcoin Alert Keys to Public

Bitcoin developer Bryan Bishop has the Bitcoin alert keys to the public by posting them on the Bitcoin developers mailing list on 2 July 2018. He had earlier said on 14 June 2018 that it was time to reveal the secret keys. The Bitcoin alert keys and system were retired in 2016 due to vulnerabilities […]

Cross-Border Commercial Trades Successfully Completed on European Banks’ Platform

Cross-Border Commercial Trades Successfully Completed on European Banks' Platform

A blockchain-based platform managed by several European banks, We.trade, went live on 3 July 2018 and has successfully completed seven commercial trades between ten companies in the past five days using four different banks. We.trade is built on the IBM blockchain platform, and claims that these are the first commercially-viable trades that harness blockchain technology. […]

Institutional Investors Will Choose Bitcoin over Other Crypto

Institutional Investors Will Choose Bitcoin over Other Crypto

The Director of Element Group, Thejas Nalval, said in an interview on CNBC that he is very bullish about Bitcoin due to its developer team and the investor community behind it. Further, he thinks Bitcoin will be the top choice for institutional investors. “I look purely at the numbers. Bitcoin has the largest market cap. […]

5 Countries Form J5 Alliance to Fight Crypto Tax Evasion, Money Laundering

5 Countries Form J5 Alliance to Fight Crypto Tax Evasion, Money Laundering

An international coalition of five countries – the United States, United Kingdom, Australia, Canada, and the Netherlands – have formed the Joint Chiefs of Global Tax Enforcement (J5). The J5 will fight money laundering and tax evasion, with a specific focus on cryptocurrencies which they deem to be a global threat. The United States Internal Revenue […]