Bitcoin (BTC) jumped to seven-month highs against Turkey’s national currency, the lira (TRY), on Monday. The price spike comes after the U.S. imposed sanctions against Turkey on Friday for continuing to hold an American pastor in custody. The resultant economic shock-wave has seen the lira drop to a new lifetime low of 7.20 TRY against […]

Marvel is not yet sure if it will oppose a cryptocurrency startup playing off the name of the fictional nation of Wakanda from the Black Panther film. The comic book giant’s subsidiary, Marvel Characters, filed for extensions with the U.S. Patent and Trademark Office to receive more time before deciding whether it will oppose the […]

By Laura Desmond Controversial Internet pirate and bitcoin advocate Kim Dotcom is urging everyone to invest in gold and bitcoin because the U.S. government is adding $1 trillion to its debt every year, which will never be paid. The debt will destroy the U.S. and create a global economic collapse, Dotcom argued in a tweet. Dotcom also tweeted […]

Rare Carat, an American company that helps users in finding authentic diamond rings, has partnered with blockchain firm Everledger to launch a product that will keep a track of a diamond’s price, quality and origin. The new product, known as Rare Caret Report, is completely free and can be used both offline and online. In […]

It’s not entirely clear what exactly is going on in Facebook’s nascent cryptocurrency division, but several reports suggest that something is afoot. Facebook Meets with Cryptocurrency Project Stellar The first comes from Business Insider, who reports that Facebook’s blockchain research group recently met with Stellar to discuss how the social media conglomerate could leverage distributed ledger technology (DLT) […]

A white hat hacker has discovered a major vulnerability in decentralized prediction market Augur, perhaps the most highly-touted decentralized application (dApp) built on the Ethereum network. The bug, disclosed through bug bounty platform HackerOne by security researcher Viacheslav Sniezhkov, would have allowed an attacker to inject fraudulent data into Augur’s user interface, potentially leading to a significant […]

South Korean financial holding company KB Financial Group Inc. has released an Aug. 6  report on crypto investments in 2018, finding the majority of domestic respondents revealed no intention to invest in crypto. KB Financial Group Inc. is headquartered in Seoul, South Korea and focuses on a range of banking and related financial services. Their survey involved […]

Software giant Microsoft has debuted a new Blockchain as a Service (BaaS) product that allows businesses across industry verticals to deploy a flexible instance of Ethereum tailored specifically for enterprise environments. Announced on Tuesday, Ethereum Proof-of-Authority on Azure allows enterprises to build applications on an Ethereum blockchain that is not secured by a Proof-of-Work (PoW) consensus algorithm and consequently […]

Two bank employees have been working on setting up a new cryptocurrency trading desk in Barclays, one of the UK’s ‘Big Four’ banks. At least, that’s what it says on their LinkedIn profiles. Business Insider reports that Chris Tyler’s profile stated that he’s been “hired to produce a business plan for integrating a digital assets […]

A publicly traded biotech giant based in South Korea is turning to blockchain to allow it to share genetic data without risk of hacking or infringement of patients’ privacy. Macrogen, a DNA sequencing service provider with headquarters in Seoul, said in a press release on Monday that it is working with Big Data firm Bigster to develop a […]