Cambridge Analytica Reportedly Planned ICO
Cambridge Analytica allegedly planned to hold an initial coin offering (ICO) for their own digital currency, prior to becoming embroiled in a scandal involving the misuse of data from Facebook. Sources familiar with the situation spoke to Reuters Tuesday, noting that Cambridge Analytica had consulted with a company known for advising the structuring of ICOs. It […]
Trio of Ex-Google Execs Form Blockchain Alliance
Three ex-Google executives have banded together to form xGoogler Blockchain Alliance (GBA), a community with a goal of developing and promoting blockchain innovations. The GBA is active already in San Fransisco, Beijing, and Shanghai, with plans to soon expand the project. xGoogler Blockchain Alliance The project managers, investors, and advisors of GBA include Andy Tian, Hitters Xu, and […]
NASA Looks to Utilize Ethereum Blockchain Technology
The US National Aeronautics and Space Administration (NASA) is funding and co-running a research project that utilizes Ethereum blockchain smart contracts in safeguarding deep space travel. The project focuses specifically on implementing the technology in improving space communications, ensuring navigations that take place are safer and more efficient. Should the research developments be successful, NASA […]
Australia Proving to Be a Positive Home for Cryptocurrency
As the popularity of cryptocurrency increases, Australia has set a positive example in terms of implementing sustainable, non-restrictive regulations. Last week saw the Australian Transactions Reports and Analysis Center (AUSTRAC) implement viable new rules regarding cryptocurrency exchanges. The most significant legislation enacted was the requirement of digital currency exchanges to register with AUSTRAC and comply with the […]
Coinsecure Loses $3.5 Million in Bitcoin in Suspected Hack
Indian exchange platform Coinsecure suffered the worst cryptocurrency theft in the country’s history this week, with 438 Bitcoins syphoned out of user accounts into an address outside of the platform’s control. This was the equivalent of approximately USD 3.5 million. The International Business Times reported that the theft came to light when users began complaining they could […]
Yahoo Japan to Be 40% Stakeholder in Crypto Exchange
Yahoo Japan has announced plans to purchase a 40% minority stake in cryptocurrency exchange BitARG. The platform is headquartered in Tokyo, scheduled for launch later this year. BitARG has accepted the offer from Yahoo Japan’s subsidiary, stating, ”As a result of this capital participation, the Company will be able to utilize the service operation and security […]
Ethereum Rebounds Past $500
Following the recent market appreciation of Bitcoin, Ethereum has experienced a rebound in value surpassing USD 500. There is one word that describes the movements of cryptocurrency right now: bullish. Ethereum has experienced a 22.24% gain in just the past 24 hours, moving from USD 450 to USD 500 in quick succession. This means that Ethereum […]
ATB Financial to Service Blockchain and Crypto Startups in Canada
Canadian financial institution ATB Financial has established an office of innovation in Alberta, with the objective of assisting startups, including in the blockchain and cryptocurrency sectors. Mike Brown, the innovation director of ATB Financial, gave an interview to Bitcoin Magazine, speaking about his ambitions for the institution. Brown acknowledged the difficulties blockchain and cryptocurrency enterprises face when looking […]
€100K Prize to Be Won at EU Blockchain Hackathon
The European Union (EU) is offering a EUR 100,000 prize to the winning team of an upcoming blockchain hackathon. The event is scheduled to take place June this year in Brussels, jointly held by the European Commission, the European Union Intellectual Property Office (EUIPO) and its Observatory on Infringements of Intellectual Property Rights. Participants will compete to develop the […]
Bitcoin a Response to Traditional Banking Failings, Says Ex-Goldman Sachs Analyst Bernstein
Ex-Goldman Sachs economist and founder of Tetras Capital, Brendan Bernstein, recently spoke out on his belief that not only is Bitcoin not a bubble but it is, in fact, a response to the bubble created by traditional banking. Bernstein asserted his case via a series of Tweets on Tuesday, where he focused on financial history since […]
