Executives and operators of major crypto conglomerates, valued at many billions of dollars, have been more optimistic towards Ethereum than bitcoin, the most dominant cryptocurrency in the global market, as of late. Throughout the past year, Circle, the $3 billion cryptocurrency exchange and payments platform, and Coinbase, the $8 billion cryptocurrency brokerage company which also remains as […]

Malicious cartels just might be lurking on your blockchain. At least, that’s the latest finding from Cornell University researchers Philip Daian, Tyler Kell, Ian Miers and Ari Juels, who reached the conclusion in a paper published last week on a vote manipulation scheme it termed a dark decentralized autonomous organization, or “dark DAO.” Describing the dark DAO as […]

By Millenia Miller The cryptocurrency industry is now having a huge impact on contemporary culture, gaining recognition not only as a part of the financial industry but as a considerable cultural and economic force in its own right. If the latest 40 Under 40 list by Fortune Magazine is anything to go by, a 24-year-old Russian-Canadian programmer from […]

By Laura Desmond Huobi Group has announced the launch of a new platform, Huobi Cloud, that will allow users to build digital asset exchanges on top of Huobi’s existing platform. According to a statement shared with Cointelegraph, more than ten multinational companies have already become partners with Huobi Cloud. The new product is aimed at establishing […]

By Jozef Jones The United States Commodity Futures Trading Commission (CFTC) has issued another warning to consumers, advising them to exercise caution and carry out comprehensive research before investing in any cryptocurrencies, including those advertised as utility coins or consumption coins. The alert, which came in the form of a Customer Advisory warning posted on the CFTC website on […]

Malta continues to be at the forefront of the crypto space with OKEx, one of the world’s largest cryptocurrency exchanges, announcing a partnership with the Malta Stock Exchange to create a new security token trading platform. The new exchange will operate under the name OKMSX and bring together OKEx‘s expertise in the digital assett market along and […]

Bank of America (BoA) has filed a patent for a blockchain-based system allowing the external validation of data, according to a United States Patent and Trademark Office (USPTO) patent filing released July 17. BoA’s patent filing proposes using blockchain for tracking resource information and confirming resource transfers, noting that “A need currently exists for providing a […]

Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. In his post, Lee mentioned the possibility of the bank offering crypto services. Last week, the Litecoin Foundation acquired a 9.9 percent share in WEG Bank through […]

A U.S. lawmaker has called for a blanket ban on cryptocurrency buying. Congressman Brad Sherman is no stranger to controversial statements on the subject – back in March he called cryptocurrencies “a crock” – and during the Wednesday hearing of a subcommittee for the House of Representatives Financial Services Committee, he went so far as to advocate keeping Americans […]

Mastercard has been granted a patent that grants it rights for a method for “managing fractional reserves of blockchain currency.” With Mastercard’s latest patent, we’re getting closer to using our cryptocurrency credit cards to purchase goods. According to the filing, the method addresses the storing of both fiat and cryptocurrencies under one profile. This means, as […]