UAE Bank Performs First Sharia-Compliant Bonds Transaction on Blockchain

UAE Bank Performs First Sharia-Compliant Bonds Transaction on Blockchain

According to a Reuters report today, UAE- based Al Hilal Bank has successfully executed “the world’s first sukuk transaction” using blockchain technology. Sukuk is a form of a financial instrument used primarily in the Islamic world. This Sharia-compliant bond gives the opportunity to investors to profit with variable returns. Fixed interest is prohibited in Islam and thus, […]

SEC Commissioner Peirce: ETF “Definitely Possible”

SEC Commissioner Peirce: ETF "Definitely Possible"

In a podcast aired on 24 November, SEC commissioner Hester Peirce has commented that the launch of a future cryptocurrency ETF is “definitely possible”. Her comments could signal a change in the SEC’s stance on ETFs which until now have failed to get through the regulator’s screening process. However, the comments by Peirce are her […]

Coincheck Resumes Full Operations After Months of Post-Hack Suspension

Coincheck Resumes Full Operations After Months of Post-Hack Suspension

One of Japan’s largest cryptocurrency exchanges, Coincheck, announced today in a press release that it has resumed its trading activities on assets Ripple (XRP) and Factom (FCT), thus making all assets on its platform fully available for trade. It finally resumes full trading activities with the deposits and buying of these two assets after months […]

New Social Messaging, Trading Apps Attempt to Solve Dapp Dilemma

Social Messaging, Trading App to Challenge Telegram

A new decentralized app called DappGram has been launched with claims to enhance communication among global blockchain users. It joins a slew of similar recent blockchain-based social messaging apps such as TronChat, Status and LINE, each hoping to reinvigorate flagging public interest in decentralized applications (Dapps). Dapps were commonly seen as a practical means to take blockchain […]

The Golden Goose’s Bitcoin Egg: World’s Largest Mining Farm in Paraguay

The Golden Goose's Bitcoin Egg: World's Largest Mining Farm in Paraguay

The makeshift mining industry which has grown around Paraguay’s Itapúa Hydroelectric Dam near the borders of Argentina and Brazil is to become official with a new plan to build the world’s largest mining farm in the region. Bitcoin News recently reported that a growing group of crypto miners had created their own business in the […]

Expert Says Quantum Computing Could Break Bitcoin’s Cryptographic Hashes

Expert Says Quantum Computing Could Break Bitcoin's Cryptographic Hashes

One expert has predicted Bitcoin’s cryptographic hashes could be forcefully broken with the use of quantum computing. Spanish IT company Indra Sistemas’ digital business unit head in Brazil, Wander Cunha, said that while encryption solutions are made so that no conventional computer can break the key at ease, quantum computers may succeed in this within just a few years. […]

Bitcoin Adoption Milestone as Ohio Accepts Bitcoin for Tax Bills

Bitcoin Adoption Milestone: Ohio Accepting Bitcoin Payments For Tax Bills

In a milestone for Bitcoin and cryptocurrency adoption, the state of Ohio has officially begun to accept Bitcoin for tax payments via OhioCrypto.com, and will be adding more cryptocurrencies in the future. This effort has been spearheaded by the Treasurer of Ohio, Josh Mandel, and is the first time in United States history that a […]

Ireland Needs Blockchain Workers but Few are Listening

Ireland Needs Blockchain Workers but Few are Listening

Despite some Irish universities’ push to promote blockchain technology through education, it appears the industry and general public aren’t getting the message if the results of a recent survey have any credibility. Tech PR firm Wachsman has released the results of a survey which indicates that, although the industry is crying out for manpower, three-quarters of […]

Tussle for Bitcoin Cash Name Ends

Tussle for Bitcoin Cash Name Ends

Billionaire cryptocurrency investor and Bitcoin Cash SV supporter Calvin Ayre has finally come out and said that the BCHSV doesn’t want the name Bitcoin Cash [BCH] anymore, thus, ending weeks worth of battle for the name. The comments by Ayre were published on his own crypto blog called CoinGeek. He was of the view that […]

Blockchain Already Outstrips Internet Development

Blockchain Already Outstrips Internet Development

The UK’s Daily Telegraph reminds readers of where blockchain development is at this point by drawing a comparison to 1994 and the development of the internet to illustrate just exactly how fast it is becoming a part of everyday life. It points out the disruptive nature of blockchain and the speed at which funds can […]