At the beginning of the year, the total crypto market capitalization had risen above $825 billion, and many expected it to reach trillion dollars during the year. But at press time, June 25, the market capitalization is $236 billion. It is no surprise that interest to cryptocurrencies has decreased. The current investors are experiencing huge losses while […]

The Digital Currency Research Lab at the People’s Bank of China (PBoC) has filed a new patent this week for a digital wallet that would allow users to track their transaction histories. The patent application was submitted with China’s State Intellectual Property Office (SIPO) Friday, June 22. The new patent outlines how the proposed digital wallet could […]

  Crypto software development program KryptoPal will work with Swiss NGO help2kids to provide software for accepting cryptocurrency donations, according to a press release shared with Cointelegraph Tuesday, June 26. Help2kids provides food, healthcare, and education to children in both Malawi and Tanzania, with 750 kids in the help2kids network in Tanzanian capital Dar es Salaam. KryptoPal […]

Beyond economics, Bitcoin (BTC) is a “social movement” that runs along “generational and geographic” lines, Nobel economics prize winner Robert Shiller told Bloomberg Tuesday, June 26. Shiller, who currently serves as Sterling Professor of Economics at Yale, said that the clear demographics of Bitcoin suggest its popularity is not reducible to “a rational response to new information”: “The East […]

  Laura Desmond Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom. Part of a growing trend of Blockchain remittances […]

Eight major European financial entities have announced they will work together on a blockchaintech project for recording the issuance of financial warrants, Spanish news outlet el Economistareports today, June 25. Spanish securities regulator the National Securities Market Commission (CNMV), along with major stock market operator BME, and banks Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have […]

The two vice-presidents of Japan’s self-regulatory cryptocurrency exchange body have resigned after their exchanges received regulatory warnings, Cointelegraph Japan reports June 25. Just a week after the Japan Virtual Currency Exchange Association (JVCEA) produced its first guidelines on industry best practice, Yuzo Kano and Noriyuki Hirosue announced they would be stepping down as vice presidents of the organization. Kano and Hirosuei are CEOs of bitFlyer and Bitbank […]

Jeffrey Rogers Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released 300 million tokens, leading to a small price increase for Bitcoin (BTC). The move also was met with backlash from critics on Twitter about […]

Facebook has announced that it is revising its blanket ban on all cryptocurrency advertisements on the social media site. The announcement highlights that this is a revision of Facebook’s cryptocurrency policy, rather than a removal of the policy altogether. For example, advertising for binary options and ICOs are still banned. About the ban policy, Facebook Bussiness writes: […]

Many parents are just plain overwhelmed – and often far too trusting, says a cybersecurity consultant CHICAGO: The 7th grader looks desperate as she approaches. She’s just been to a cybersecurity talk at her school, where she raised her hand when asked if she has a social media account – Snapchat, in her case. Most […]