PlexCoin Founder Forced to Transfer 420 Bitcoins in Quebec Courtroom

PlexCoin Founder Forced to Transfer 420 Bitcoins in Quebec Courtroom

Dominic Lacroix, the founder of PlexCoin, was forced to transfer BTC 420 worth USD 3.2 million to court administrators at the Palace of Justice in Quebec, Canada. Refusing to do so would have resulted in him being held in contempt of court and sent to jail. Originally, the judge ordered that Lacroix make the transfer […]

Mastercard System Crash Brings out Crypto Tweeters

Mastercard System Crash Brings out Crypto Tweeters

The credit card companies have been struck again with outages. Only weeks after credit card company Visa saw its customers suffer a similar dilemma, down goes Mastercard. This time, it was the turn of the competitor, which, exactly as it happened following the Visa outage, received a deluge of customer complaints from those unable to complete […]

Bank of England Concludes DLT Proof of Concept with Positive Findings

Bank of England Concludes DLT Proof of Concept with Positive Findings

The Bank of England (BoE) has concluded its Proof of Concept (PoC) project that sought to make a better understanding of how a newly-established Real Time Gross Settlement (RTGS) service can meet new financial challenges that emerge in a “rapidly changing landscape”. Preparing for the future It is a bid to revamp banking and trading […]

EU: Central Banks Crypto Adoption Would Broaden Markets

EU: Central Banks Crypto Adoption Would Broaden Markets

A recent report on fintech development commissioned by an EU committee reveals that central banks adoption of a CBDC would alter competition levels cryptocurrency markets. The European Parliament Committee on Economic and Monetary Affairs (Econ) reports that there would need to be some kind of realignment in the market which would broaden the number of […]

Irregular Crypto Laws Stifling Blockchain Innovation in India

Irregular Crypto Laws Stifling Blockchain Innovation in India

Due to a lack of consistent regulatory frameworks surrounding blockchain technology and cryptocurrencies, India, the crypto-sceptic nation with an emerging blockchain development workforce, is in a confusing position. In early April, the Reserve Bank of India issued a press release prohibiting all banks and regulated financial entities from “facilitating transactions involving cryptocurrencies”. The press release […]

Australian Women Leading the Way in Blockchain

Australian Women Leading the Way in Blockchain

Women in Australia are making strides in the blockchain sector and turning the tables on their male counterparts. Technology sectors have long been dominated by males, as evidenced at the ratio visible at conferences and funding rounds, where although success stories abound, they have been historically lacking in those which report women moving the industry […]

The British Press and Getting It All Wrong About Bitcoin

The British Press and Getting It All Wrong About Bitcoin

How accurate the news is when it comes down to Bitcoin may just depend on where the reader chooses to source the information, especially if reliant on the British press. Bitcoin is unquestionably a readable topic, whether in the daily newspaper or online; “finger bait” as it’s then called. But where does the reader turn […]

Bitcoin Dominance Percentage Illustrates Crypto Trends, Suggests Rally Looming

Bitcoin Dominance Percentage Illustrates Crypto Trends, Suggests Rally Looming

CoinMarketCap has been recording the percentage market share of Bitcoin and other major cryptocurrencies, referred to as the dominance percentage, since mid-2013. According to this data, Bitcoin has always had the biggest market cap compared to all other cryptocurrencies by far but throughout time, its dominance percentage has been changing. The evolution of this reveals […]

Brazilian Soccer Legend to Launch Ronaldinho Soccer Coin (RSC)

Brazilian Soccer Legend to Launch Ronaldinho Soccer Coin (RSC)

Not to be left behind in the wake of this year’s World Cup by the likes of Lionel Messi an James Rodríguez, Brazilian soccer legend Ronaldinho has also gone crypto. Often regarded by many as one of the greatest of all time, Ronaldinho won two FIFA World Player of the Year awards and a Ballon […]

Crypto Insurance Industry is Expanding, Insurers are Keeping it Quiet

Crypto Insurance Industry is Expanding, Insurers are Keeping it Quiet

Several industry insiders have opened up about the hush business of cryptocurrency insurance, but they are not sharing much, and many more aren’t sharing anything at all. Substantial premiums are attracting the most prominent providers. While they may not want their names attached to cryptocurrency insurance, AIG, Chubb and XL Group have all been proving […]