BitMEX CEO: Bitcoin Is Society’s Best Hope for a Private Form of Electronic Money

BitMEX CEO Arthur Hayes has spoken out in favor of Bitcoin, saying that the hallmark cryptocurrency is “society’s best hope for a private form of electronic money.” The company is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in Seychelles and has offices […]

ConsenSys, AMD to Develop W3BCloud, a Blockchain-Based Throughput Solution

A press release yesterday by blockchain software company ConsenSys detailed the inking of a new partnership deal with American multinational semiconductor company Advanced Micro Devices (AMD) and Abu Dhabi-based investment management firm Halo Holdings, to develop an optimized blockchain-based cloud solution dubbed W3BCloud for the blockchain industry throughput. “W3BCLOUD is focused on providing the first […]

Cameroon Separatists Raise Funds Through ICO

Cameroon Separatists Raise Funds Through ICO

A Cameroon separatist movement has taken the unexpected steps to raise funds through an ICO in order to promote its political causes. Ambazonia, also known as Amba Land, is a self-declared state consisting of the Anglophone portions of Cameroon which previously comprised Southern Cameroons. In 2017, the Southern Cameroons Ambazonia Consortium United Front (SCACUF) unilaterally […]

Chile Looks to Incorruptible Tax Collection Using DLT

Chile Looks to Incorruptible Tax Collection Using DLT

Chile’s Treasury Department is looking to blockchain technology in order to streamline its tax collection programme. The Chilean Government has taken this step due to losses incurred over time in the process of collecting taxes. The new programme under consideration would use DLT to create an incorruptible automatic quadrature system hosting multiple nodes. The current […]

Bitcoin 10 Years On: Its Place in Finance

Bitcoin 10 Years On: Its Place in Finance

Satoshi Nakamoto’s original vision for the use of Bitcoin has certainly evolved over the last decade, with mainstream adoption and the widely-believed “inevitable” entry of institutional investors giving it a place at the table with the likes of Goldman Sachs and Bank of America. Once dismissed as some libertarian fantasy, Bitcoin has certainly come a long way […]

SWIFT Fights Fire with Fire, Lining Up Blockchain Payment Trials

Last year, Ripple threw down the gauntlet, offering a major challenge to the well-used Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment system. And now, the highly respected payments system is turning to blockchain to keep it ahead of the game. SWIFT is launching trials for its new Payment Validation System”, after bringing in its […]

P2P Sharer BitTorrent Releases Details of Native Crypto

The pioneering peer-to-peer (P2P) file-sharing company BitTorrent has announced the creation of its own cryptocurrency with network speed and user incentives in mind, with technical details in a white paper. Crypto for torrents According to a blog post on the official website, the BitTorrent Token (BTT) will be exchangeable between users who wish to pay […]