Add Akon to the list of celebrities who are launching their own cryptocurrencies. The 45-year-old “Smack It” singer announced Monday at Cannes Lions International Festival of Creativity that he not only is launching his own crypto, “Akoin,” but also will use it in his Akon Crypto City, a 100 percent crypto-based city in Africa. First […]

Cryptocurrencies are already used to pay college and university tuition fees, buy Lamborghinis, and pay for space travel. Now you can also assist in protecting journalists and whistleblowers by donating to the Freedom of the Press Foundation (FPF) using bitcoin, ethereum, bitcoin cash, litecoin, and zcash. The donations will support current projects of the free speech nonprofit […]

Bitcoin price formed a key bottom above USD 6,400 and jumped sharply. Ethereum, Ripple and other major altcoins moved into the green zone. FCT, ETC, SYS, Tron, ONT and many other coins registered decent gains. Bitcoin price was able to form a base around the USD 6,400 pivot level for an upward move. BTC/USD climbed […]

Brussels Airport has launched an application based on blockchain technology meant to assist in tracking cargo movement from ground handlers to freight forwarders. The application will work in conjunction with BRUcloud, the open data management platform of Brussels Airport that is hosted on the cloud. BRUcloud, which is based on the data technology of Nallian — a […]

Have modern internet companies gone too far? According to mathematician and Blockstream research director, Andrew Poelstra, the answer is unequivocally yes. In his view, companies are simply now vacuuming up troves of customer data, which they then sell to others without the owner’s knowledge or benefit. (Think how Instagram owns user images, or Target acquires huge amounts of data on […]

Bitcoin mining, the process of creating new units of the cryptocurrency, is notoriously a huge energy-suck. One estimate puts its carbon footprint on par with the electricity consumption of more than 159 countries combined. But the inefficiency of minting new units of the blockchain-based digital currency is only one complaint that skeptics of its utility have flagged. In […]

To most banks in the U.S., cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank, they’re “pioneers.” At least, that’s how the New York financial institution’s chief technology officer, Nick Rosenberg, describes them. “We’re certainly very interested in growing this vertical,” Rosenberg told CoinDesk of the bank’s crypto clientele. “We’ve learned that it’s a serious industry. […]

Healthcare in developing parts of the world has remained below standard over a long period of time. The reasons for this can be related to system weaknesses in terms of leadership, governance, workforce, technology, finance among others. Traditional implementations in attempt to achieve lasting solutions to these problems have left the people going round in […]

Ever since the arrival of Bitcoin, many people have predicted that “soon” all of the cryptocurrencies will crash. The trends in cryptocurrencies have been compared to global events such as tulipmania, the 1929 stock market crash and the dotcom bubble. However, even after the recent fall in crypto prices, the industry continues to attract new investors. This […]

The chief executive officer of one of Africa’s biggest and diversified financial and insurance company, Alexander Forbes, has told CCN that there are benefits in deploying blockchain technology in corporate operations. The company’s chief executive officer, Andrew Darfoor, told CCN in Harare on Friday that blockchain is an exciting technological platform that the company is investigating and […]