Canaan Crypto Mining TV Launched to Catch Bitmain’s Market

Canaan Crypto Mining TV Launched to Catch Bitmain's Market

The so-called world’s first ever crypto mining TV has just been born, courtesy of the one of the largest makers of Bitcoin mining equipment, Canaan Creative. South China Morning Post has reported the launch, which the company has stated is a step towards creating a new generation of devices which are linked to blockchain and […]

Africa and the Middle East: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

Africa and the Middle East: Crypto and Blockchain News Roundup, 27th July to 2nd August 2018

Africa and the Middle East Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country. Africa Nigeria Public stake in Bitcoin drops: Amid to a price slump in recent week, the Nigerian market’s share dropped significantly […]

Bitcoin Googled More Than Taylor Swift, Stock Market, Donald Trump

Bitcoin Googled More Than Taylor Swift, Stock Market, Donald Trump

Whether Bitcoin is celebrated by everybody or not, one thing is for sure: people can not stop talking about it. Between August 2017 and today, the number of times Bitcoin was Googled surpassed both pop icon Taylor Swift, and even the stock market. In December 2017, when the value of Bitcoin reached nearly USD 20,000, […]

“Dabba” Trading yet Another Way of Getting Around India’s Crypto Ban

"Dabba" Trading yet Another Way of Getting Around India's Crypto Ban

Further maneuvers are afoot since the last Bitcoin News update about Indian traders circumventing the Reserve Bank of India (RBI) ban on cryptocurrency, and this one is very much a “Dabba Dabba Doo” moment. One strategy that some exchanges are taking to sidestep the RBI is encouraging peer-to-peer trading, thereby cutting out the banks completely. […]

Traders Bear BTC 1,200 Losses in OKEx Insurance Fund Clawback

Traders Bear BTC 1,200 Losses in OKEx Insurance Fund Clawback

A liquidation of a long position on the OKEx Bitcoin futures market has caused severe losses to the OKEx insurance fund, resulting in some BTC 1,200 of losses being paid for by traders in short positions. The move, known as a “clawback”, happened when a trader entered into a USD 417 million long position, roughly […]

Walmart Applies for Blockchain-Managed Smart Appliance Patent

Walmart Applies for Blockchain-Managed Smart Appliance Patent

US multinational retail corporation Walmart has recently applied for another blockchain-related patent, this time looking to manage the use of smart appliances via blockchain technology. The application filed with the US Patent and Trademark Office covers the use of this tech on a number of devices, including televisions, computers, laptops and portable media players. Patent details […]

USD Trading Pairs Dominate Bitcoin Spot, Derivatives Trading

USD Trading Pairs Dominate Bitcoin Spot, Derivatives Trading

A study by CoinDesk has found that the USD is the dominant fiat currency in both the Bitcoin spot and Bitcoin derivative markets. The study included data from 26 to 30 July 2018, and found that 56% of Bitcoin spot trading was done with Bitcoin, and when including derivative markets, the share increased to 68%. […]

ICE to Launch Exchange, Physically-Settled Bitcoin Futures

ICE to Launch Exchange, Physically-Settled Bitcoin Futures

The Intercontinental Exchange (ICE), owner of 23 exchanges worldwide including the biggest stock exchange in the world, the New York Stock Exchange (NYSE), and many futures exchanges and clearing houses, is creating a cryptocurrency exchange called Bakkt. Starbucks and Microsoft will be major partners of Bakkt and will begin accepting Bitcoin and cryptocurrency. Even though […]

South Korean Study Makes Recommendations for New Blockchain-Based Stock Market

South Korean Study Makes Recommendations for New Blockchain-Based Stock Market

On Tuesday, South Korea’s Financial Supervisory Service (FSS) published a study that called for collaboration with regulatory agencies and companies to create a blockchain-based stock trading system. A practical solution The study, published on 2 August, is a thorough report on the status of international stock exchange operators and their integration with blockchain technology. Regulators in […]

Binance CEO Speaks out on Blockchain’s Future and Why Dapps Are on the March

Binance CEO Speaks out on Blockchain's Future and Why Dapps Are on the March

Binance CEO Changpeng Zhao has expressed his feelings regarding the future of blockchain in a recent interview with Fortune, expressing hope for its future. CZ, as he is affectionally referred to, indicated that blockchain predictions, similar to those about cryptocurrency, should be taken with a pinch of salt. He sees specialized ledgers will change the […]