Binance Delistings Crash Affected Crypto

Binance Delistings Crash Affected Crypto

Bytecoin (BCN), ChatCoin (CHAT), Iconomi (ICN) and Triggers (TRIG) are finding out just how devastating it can be to get delisted from Binance, who announced that these four cryptocurrencies will be delisted on 12 October 2018. Within hours of the announcement, each of them has crashed in terms of market price. Binance is often the […]

Singaporean Financial Regulator to Help Crypto Exchanges with Wary Banks

Singaporean financial regulator

The Singaporean financial regulator has stated that it is willing to support cryptocurrency firms that are having problems with setting up bank accounts in the city. Some crypto firms have complained against Singapore’s banking system which they argue has resulted in account closures or companies simply not being able to open business accounts. This has […]

Forbes Signs Agreement with Blockchain-Based Publishing Platform

Forbes Signs Agreement with Blockchain-Based Publishing Platform

Renowned business media outlet Forbes is now in partnership with Civil, a blockchain-based platform for journalism. The move, if successful, will see Civil-approved journalists view their content on Forbes which has over 12o million readers around the globe. The collaboration, however, is limited to blockchain and cryptocurrency-related news only. According to Civil co-founder Matt Coolidge, Forbes will […]

Giant Rat with Bitcoin Graffiti Greets Wall Street Federal Reserve Branch

Giant Rat with Bitcoin Graffiti Greets Wall Street Federal Reserve Branch

Ex-hedge fund manager and artist Nelson Saiers, nicknamed the Warhol of Wall Street, has placed a giant inflatable rat in front of the Federal Reserve branch located on Wall Street in New York City. The giant rat is expected to be in front of the Federal Reserve for a few days before being taken down. […]

Vanuatu Seeks Maltese Help to Frame Blockchain Regulations

Vanuatu Seeks Maltese Help to Frame Blockchain Regulations

The tiny Pacific island of Vanuatu is to get some help from crypto dynamo Malta to assist with the drafting of its new blockchain legislation. The island’s Minister of Foreign Affairs, Ralph Regenvanu, has sought support help from the Maltese government in framing blockchain legislation after a meeting with Maltese PM Dr Joseph Muscat and […]

Thailand Exploring Blockchain Applications in Agriculture, Finance, IP

Thailand Exploring Blockchain Applications in Agriculture, Finance, IP

Thailand’s Ministry of Commerce is exploring the option of using blockchain technology for its agriculture, finance and intellectual properties sector, according to The Bangkok Post.  Pimchanok Vonkorpon, an official from Thai Trade Policy and Strategy Office (TPSO), said that an effort is being to conduct the feasibility of blockchain being employed to find out if […]

QuadrigaCX Crypto Exchange under Siege by Canadian Banks

QuadrigaCX Crypto Exchange under Siege by Canadian Banks

QuadrigaCX, which is the largest crypto exchange headquartered in Canada, is under siege by Canadian banks. The Canadian Imperial Bank of Commerce (CIBC) seized USD 28 million from QuadrigaCX’s partner Costodian and the owner of QuadrigaCX, Jose Reyes, back in January 2018. This is a big sum of money for QuadrigaCX, since although it is the […]

Bitcoin Mining Revenue Recording Highs but Profits Dwindle

Bitcoin Mining Revenue Recording Highs but Profits Dwindle

Bitcoin mining revenue is at record levels according to Diar, with the first six months of 2018 exceeding all of 2017 due to increased Bitcoin prices. Through September 2018, there has been USD 1.4 billion more profits in 2018 than 2017, and there’s still a quarter of the year to go. However, rising hash rate […]

ICO Funding Rapidly Accelerated in 2017, Crashed 90% in 2018 so Far

ICO Funding Rapidly Accelerated in 2017, Crashed 90% in 2018 so Far

Initial Coin Offering (ICO) funding rapidly accelerated in 2017 to a peak of USD 2.432 billion per month at the beginning of 2018 according to a report by Autonomous Research, but has crashed 90% in 2018 so far, only pulling in USD 279 million during September 2018. Autonomous Research proposes that this rapid collapse in […]

UK Government Awards Ofcom £700,000 Blockchain Research Grant

UK Government Awards Ofcom £700,000 Blockchain Research Grant

The UK‘s national telecommunications regulatory authority Ofcom has received a GBP 700,000 grant from the government to research a blockchain solution for management of the country’s landline telephone numbers. Ofcom revealed details of the Regulators’ Pioneer Fund in a press release on Monday, outlining why the issue at hand requires such an investment. It cites that approximately 1 […]