Vitalik Buterin: Focus on Crypto Adoption, Not ETFs

Vitalik Buterin: Focus on Crypto Adoption, Not ETFs

Ethereum co-founder Vitalik Buterin Tweeted out his critique of those focusing too much on ETF approval, pointing out the accessibility of purchasing cryptocurrency should be focused on to promote ”actual adoption”.’ I think there's too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 […]

Chamber of Digital Commerce Publishes ‘Understanding Digital Tokens’ for Policymakers

Chamber of Digital Commerce Publishes 'Understanding Digital Tokens' for Policymakers

The world’s largest trade association representing the blockchain industry has released a white paper called ‘Understanding Digital Tokens: Market Overviews & Guidelines for Policymakers and Practitioners‘. A guide to digital tokens The Chamber of Digital Commerce (CDC) is based in Washington DC and is a prominent blockchain advocacy group. It is comprised of a number […]

Washington State Crypto Mining Sensitivity Points to Renewables

Washington State Crypto Mining Sensitivity Points to Renewables

Washington State in the US is beginning to address crypto mining with more concern with two counties conducting moratoriums to prevent further applications from mining firms. As reported recently by Bitcoin News, the state is known for its cheap electricity tariffs and has attracted more mining activity than certain counties are prepared to tolerate. In […]

First Fully Compliant Crypto Exchange Under New European Framework to Open in Liechtenstein

First Fully Compliant Crypto Exchange Under New European Framework to Open in Liechtenstein

Under the most recent guidelines from the European Securities and Markets Authority (ESMA), the first fully compliant cryptocurrency exchange is now open for registration in Liechtenstein. ESMA’s new framework MiFID II/MiFIR was introduced in January 2018 to offer consumers an extra level of protection. The Markets in Financial Instruments Directive (2004/39/EC) has been applicable across the European […]

Dubai Forms Task Force to Implement Blockchain Legal System Platform

Dubai Forms Task Force to Implement Blockchain Legal System Platform

The Dubai International Financial Center (DIFC) courts have reported they will be collaborating with the government supported Smart Dubai initiative to form a task force with a goal to implement a blockchain platform that enhances the country’s legal system. The project has been dubbed the ‘Court of Blockchain‘, with the government concluding that decentralization would benefit […]

Indie Game “Abstractism” Removed for Alleged Crypto-Jacking

Indie Game “Abstractism” Removed for Alleged Crypto-Jacking

Valve Corporation has been forced to remove a video game from its platform as it has been associated with crypto jacking. Valve’s video game marketplace Steam was created in 2013 as a digital content distribution channel before app stores existed. Its become a platform for creators and publishers to deliver content as part of a community […]

Blockchain Media Civil to Boost Asian Output with 100 New Projects

Blockchain Media Civil to Boost Asian Output with 100 New Projects

Civil, the blockchain-based journalism organization, is about to spread itself further with a new USD 1 million fund targeting Asia. The company built on top of blockchain has been gaining a name for itself in the world of journalism over the past year. The concept of Civil is a unique development in media, utilizing blockchain […]

Bitcoin Mining Hash Rate Exceeds 50 Exahash/s for First Time

Bitcoin Mining Hash Rate Exceeds 50 Exahash/s for First Time

According to data from blockchain.com Bitcoin’s mining hash rate has exceeded 50 exahash/s for the first time as of 28 July 2018. The precise average hash rate for 28 July was 50.277 exahash/s, which is the new record. Considering the exponential growth of Bitcoin’s hash rate long term, this record will probably be surpassed soon. […]

Morgan Creek CEO Says Bitcoin Will Hit $25K in 2018, $500K by 2024

Morgan Creek CEO Says Bitcoin Will Hit $25K in 2018, $500K by 2024

The CEO of Morgan Creek Capital Management and Morgan Creek Digital Assets, Mark W Yusko, has issued a long-term Bitcoin price prediction. He forecasts Bitcoin will hit USD 25,000 by the end of 2018, USD 75,000 by the end of 2020, USD 200,000 by the end of 2022, and USD 500,000 by the end of […]

Vietnamese Crypto Mining Farm Found Abandoned, Investors Missing $35M

Vietnamese Crypto Mining Farm Found Abandoned, Investors Missing $35M

The CEO of Vietnam-based cryptocurrency mining farm Sky Mining has reportedly absconded, leaving investors USD 35 million short. Investors found an abandoned premises The Sky Mining business structure offered people the chance to buy shares in the cryptocurrency mining hardware and collect a percentage of the profits. It advertised these profits at 300% in one year for a […]