Critics of the Bitcoin community’s decision to pursue a development path that prioritizes the coin’s utility as a store of value often allege that a payments-first focus is necessary to create a “base level of demand” for a cryptocurrency. However, writing on Twitter, BitGo co-founder Ben Davenport makes the case that the payments use case […]

ZCash, a privacy-based cryptocurrency, is about to undergo its first hard fork. The network upgrade, dubbed Overwinter, is intended to be activated at block 347,500 – it’s currently at 347, 253- and is scheduled to go live on June 26. ZCash is a fork of bitcoin which uses a cryptography principle called “zero-knowledge proofs” which allows users to […]

The Bahamas has joined a small list of countries that are planning to experiment with central bank digital currencies (CBCD). The country’s Deputy Prime Minister who also doubles up as Minister of Finance, K. Peter Turnquest, announced during the recently held ‘The Bahamas Blockchain and Cryptocurrency Conference’ that a pilot digital currency will be introduced by the Central Bank […]

Global leader in advisory services, EY, in partnership with Microsoft announced a blockchain based solution which facilitates content rights and royalties management. To start things off, Microsoft and affiliated game publishers will be using the solution in the gaming industry, although this sort of a solution can be used in multiple industries where intellectual property(IP) or assets are […]

A study conducted by Amarach Research and Red Flag recently revealed that the number of people in Ireland who currently own cryptocurrencies is around 120,000, or about 2.5% of the population. This is an increase of 300% in a period of four years. Such a remarkable growth in the adoption of cryptocurrencies in Ireland is […]

Authorities in Cambodia have formally warned domestic investors that they risk incurring penalties for buying, selling, or trading cryptocurrencies without getting a license first. “Any person or legal entity that propagates to mobilize funds, buys, sells, trades or settles Crypto Currencies without obtaining license from competent authorities shall be penalized in accordance with applicable laws,” […]

NANO, which recently rebranded from RaiBlocks in January 2018, has issued a statement alerting users about a vulnerability in their android wallet, urging them to move their funds to a new wallet. This applies to anyone who generated a wallet seed using the NANO android wallet, which was released just a few hours ago. The […]

South Korea’s Ministry of Science and ICT has announced a major Blockchain Technology Development Strategy that aims to raise 230 bln won (~$207 mln) by 2022, The News Asia reportstoday, June 21. According to the Ministry’s official announcement, the new initiative will foster 10,000 blockchainindustry professionals and 100 companies, and will expand and commercialize six existing blockchain pilots with the […]

By Brandy Davis Recently at BlockShow Europe 2018, Cointelegraph got the chance to speak to Bobby Lee — co-founder of Chinese crypto exchange BTCC and a board member at the Bitcoin Foundation —  about what he’s been up to in the crypto space since BTCC shut down last fall. Molly Jane: In the past few months, Chinese crypto regulations have steadily been increasing, from […]

The US Securities and Exchange Commission has obtained an additional emergency court order from a federal court in Brooklyn, New York freezing assets linked to Dominic Lacroix, the founder of PlexCoin whose assets were frozen when the its ICO was halted amid a fraud investigation in December 2017. Announcing the court order in a communique issued on […]