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FIO Study: 60% of Crypto Users Still Uncomfortable Making Payments

A recently published independent study claims that 60 percent of crypto users are “still scared to make a Bitcoin payment.” The study was conducted by the Foundation for Interwallet Operability (FIO) self-described as a “decentralized, open-source blockchain protocol that makes it easier and less risky to move blockchain tokens & coins from one address to another.” The FIO asserts that …


Brock Pierce: Dapps, STOs Industry Shakers in 2019

Brock Pierce_ Dapps, STOs Industry Shakers in 2019

Former child actor and crypto kingpin Brock Pierce, one of the wealthiest people in crypto, has been sharing his predictions for where he feels the industry might be moving in 2019. Pierce has earmarked decentralized applications (Dapps) as the major industry movers and shakers this year along with the advance of security token offerings (STOs). There are currently numerous decentralized …


Gold-Backed Crypto Could Be On the Way in 2019

Gold-Backed Crypto Could Be On the Way in 2019

One New York-based firm already offering a stablecoin is taking the next step by looking at the feasibility of a gold- backed digital token this year. Having launched Paxos Standard stablecoin in 2018 Paxos is now keen to offer “any type of asset and put it into a blockchain.” According to the company’s CEO Chad Cascarilla, a new kind of offering …


Facebook Crypto Could Pull $19 Billion Additional Revenue

Facebook Crypto Could Pull $19 Billion Additional Revenue

The as yet unconfirmed move by Facebook to develop a cryptocurrency for global payments has been cited by multinational banking group Barclays as a USD 19 billion opportunity for the social networking giant. The company’s WhatsApp-driven crypto global payments system reported by The New York Times has still received no comments from Facebook but Barclays is already speculating on where …


International Women’s Day: Women and Crypto – The Direction in 2019

It is International Women’s Day 2019, and a time for Bitcoin News to reflect on a year in print and celebrate women in fintech, and those women of all ages whose lives still remain largely uncelebrated. The point of International Women’s Day is to look back over the past year and pinpoint the successes and failures in the promotion of …


Billionaire Eugene Kaspersky Says Bitcoin Brilliant, But Too Early

Yevgeny Kaspersky, CEO of Kaspersky Lab, has suggested that although Bitcoin is a “brilliant” innovation, the world is not ready for it yet. The remarks came in an interview with Arabian Business, a weekly business magazine published in Dubai and focusing on the Middle East. Kaspersky expressed a view that digital currencies would surpass money some day but also that …


No Money Left, QuadrigaCX Tells Creditors At Supreme Court Hearing

No Money Left, QuadrigaCX Tells Creditors At Supreme Court Hearing

The Nova Scotia Supreme Court hearing has heard QuadrigaCX creditors pleas for reimbursement of funds following the death of the exchange’s founder, but the coffers are reportedly empty. The Halifax courtroom was told that the USD 70 million in cash and USD 190 million in Bitcoins and other digital assets could not be repaid to the 115,000 cryptocurrency traders owed …


Ledger: Market Still Here for Hardware Wallets

Ledger_ Market Still Here for Hardware Wallets

Eric Larchevêque, CEO of French hardware wallet manufacturer Ledger, has said that he is optimistic for the future of the cryptocurrency industry, as he prepares for “a whole new generation of consumers”. However, Larchevêque claims that education is still an area of concern when it comes to storage of cryptocurrencies, and many users fall short of protecting their funds adequately. …


Bitcoin Needs Better Image for Mass Adoption

Cryptocurrency analysts have spoken out about why they feel that Bitcoin needs an image change before it can become accepted by the masses as a viable alternative to fiat currency. Most experts cite the same three factors which continue to hold back Bitcoin in its charge to become the people’s currency; trust, scams, and difficulty of use. Clement Thibault, Senior …


NASA Looks to Blockchain for Air Traffic Management

NASA Looks to Blockchain for Air Traffic Management

The United States National Aeronautics and Space Administration (NASA) is examining the potential of employing a management blockchain to enable secure, private and anonymous communication with air traffic services. The prototype has already employed Hyperledger and has proven to researchers that this infrastructure would offer rapid deployment at an affordable cost. The paper published by NASA highlights the benefits of …


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