Cisco Takes Aim at $10 Billion Enterprise Blockchain Market

Cisco Takes Aim at $10 Billion Enterprise Blockchain Market

US-based telecommunications equipment manufacturer Cisco Systems has set its eye on enterprise blockchain solutions on the premise that the market an approach an approximate USD 10 billion by 2021. In recent times, more brick and mortar companies have lauded the ability of blockchain technology and continue to show support for its development. In the report […]

Bitcoin Core Developer Regards Western Union as Biggest Rival

Bitcoin Core Developer Regards Western Union as Biggest Rival

Bitcoin core developer Peter Todd has fingered global money transfer company Western Union as Bitcoin’s biggest competitor, adding that Bitcoin doesn’t stand a chance against the likes of Visa and Mastercard in certain payment aspects. Todd’s comments came during a panel discussion at the 2019 MIT Bitcoin Expo, where Bitcoin’s utility as a payment method […]

Microsoft’s Bing Browser Reveals 5 Million Banned Crypto Ads Count in 2018

Microsoft's Bing Browser Reveals 5 Million Banned Crypto Ads Count in 2018

Microsoft’s browser Bing has revealed that it blocked over 5 million cryptocurrency-related ads during 2018 after its announcement last year that it was to start banning such advertising on its network. The numbers were announced in Microsoft’s “Ad quality year in review 2018” published on 25 March, citing cryptocurrency as a “prime target for fraudsters […]

US Law Association Asks States to Withdraw Virtual Currency Model Act

US Law Association Asks States to Withdraw Virtual Currency Model Act

The Uniform Law Commission yesterday called upon US states who were considering its proposed model act for dealing with virtual currencies to hold their horses from enacting legislation, pending the findings of a new joint committee studying the impact of new technology on commercial law. Forbes first reported what it termed as “seismic news“; ULC […]

Saifedean Ammous Says Bitcoin “Completely New Animal”, Built to Soar

Saifedean Ammous Says Bitcoin "Completely New Animal", Built to Soar

The latest Tweetstorm to hit the crypto space sees famed Bitcoin economist and author of The Bitcoin Standard, Saifedean Ammous, insist that the world’s most used cryptocurrency cannot be compared to bubbles and is a “completely new animal” that is designed to rise in value with unprecedented pace. It all started with a fairly innocent […]

LocalBitcoins to be Supervised by Finland’s Financial Supervisory Authority

LocalBitcoins to be Supervised by Finland's Financial Supervisory Authority

Popular decentralized cryptocurrency exchange LocalBitcoins has announced it will soon operate under the supervision of the Financial Supervisory Authority of Finland. The Helsinki-based exchange detailed the upcoming changes in a blog post today, determining the reasons why as down to changing policy from the Finnish government. Cryptocurrency will be given legal status in Finland following the passing […]