Tag: Cryptocurrency
-
Thailand Studies Blockchain for Applications in Intellectual Property, Trade Finance
byTwo feasibility studies on blockchain technology have been launched by Thailand’s Ministry of Commerce. The studies, which will focus on exploring the use of blockchain technology in trade finance and the registration of intellectual property, are expected to be completed in February 2019, per the Bangkok Post. According to Pimchanok Vonkorpon, the director of Thailand’s Trade Policy and […]
more -
Crypto Is More Centralized Than North Korea, Says ‘Dr. Doom’ Economist Roubini
byAmerican Economist Nouriel Roubini has stated that cryptocurrency is more centralized than North Korea in a tweet October 7. New York University professor Roubini, better known as “Dr. Doom” for his alleged prediction of the 2008 Financial crisis, has repeatedly criticized claims that decentralized in cryptocurrency exists. In his tweet today, the Harvard-educated economist again repeated his argument, this time calling […]
more -
Venezuela Mandates Passport Fees Must Be Paid in Controversial Cryptocurrency Petro
byVenezuelans can only use the state-backed cryptocurrency, the Petro, to pay for passport fees starting next week, the country’s vice president Delcy Rodriguez said in a press conference Friday, Oct. 5. Ahead of Petro’s official “launch” in November, Rodriguez confirmed that as of Monday, Oct. 8, fees for all passport applications will only be payable in Petro, and will cost an […]
more -
Time Magazine Includes Blockchain Startup in Its 50 ‘Genius Companies 2018’ List
byAmerican journal Time Magazine has included a blockchain startup in its recent top 50 “Genius Companies 2018″ list, published Thursday, October 4. In putting together the list, the magazine asked their editors and correspondents to name “businesses that are inventing the future.” Influence and success were among the criteria for the choice. Bitland, a blockchain startup based in Ghana, joined […]
more -
Malta Financial Regulator Looks to Bolster Cryptocurrency Industry
byHaving earned the reputation of “Blockchain Island”, Malta is taking steps to preserve the industry by investing heavily in supervisory technology in order to protect the blockchain industry. Such investments according to authorities are aimed at ensuring that the inherent risks associated with virtual currencies are kept at a minimal level in Malta. There Is […]
more -
What is bitcoin? And should you invest in it?
byOnly 5 percent of people own bitcoin, but a majority of Americans expect the price to rise in the next five years. How’s this for a hero’s journey: In July 2010, one bitcoin cost just 5 cents. In December 2017, that figure had risen to nearly $20,000. And just three months ago, the price fell […]
more -
Yale University Has Invested in Two Cryptocurrency Funds
byThe “herd” of institutional investors that cryptocurrency bulls such as Mike Novogratz have perennially said is just over the horizon is finally making an appearance, as reports have emerged that one of the world’s largest university endowments has invested in two cryptocurrency funds. Yale University Endowment Makes Cryptocurrency Play Citing an anonymous source familiar with […]
more -
10 things blockchain isn’t
byBy Laura Desmond Even in 2017 blockchain technology was considered overhyped. Everybody and their cousin began to believe that blockchain was going to disrupt every industry, change the face of the earth, and make obscure ICO investors millions in the process. This hype and excitement around cryptocurrencies led people to believe some crazy things about blockchain […]
more -
Public Sale of Venezuela’s State Crypto Petro to Commence on November 5
byWith the Petro now officially launched, the public sale of the state-backed cryptocurrency will begin early next month. In a televised address on October 1 during Venezuelan president, Nicolas Maduro announced that the public sale of the Petro will kick off on November 5. Though he did not list names, Maduro also indicated that the state-backed cryptocurrency is currently […]
more -
Lessons Learned for Crypto and Blockchain
byShould you be HODLing or FODLing? This time last year, you were jetting off to Switzerland to attend a blockchain conference, where you were told that blockchain was the new religion, that every industry was going to be disrupted, and decentralized apps (dapps) were going to revolutionize the world. You watched ICO after ICO parade up […]
more