ConsenSys project comes up with a new accounting tool
In light of the recent crackdown on cryptocurrencies all over the world, there is a need for greater transparency in the blockchain industry. ConsenSys is a project that aims to introduce more financial transparency and has come up with an ingenious new accounting software tool, Balanc3, to solve this issue.
Newer players in the cryptocurrency market gaining traction
Impressive amounts of investment were observed in the last quarter in the alt-coins, as investors raised the value of cryptocurrencies by millions. For example, Dash, which is valued at $2.3 billion, was up by almost 82%.
Russian banks aim to create cryptocurrency
Russia’s Central Bank, as well as other financial experts, have recently expressed an interest in creating Russia’s very own cryptoruble.
Singapore announces bitcoin regulations
Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of the Monetary Authority of Singapore (MAS), Mr. Tharman Shanmugaratnam, recently clarified the uncertain future of bitcoin and ICOs during a parliamentary conference.
New app allows you to invest spare change in Bitcoin
Coinflash is a unique app. Instead of traditional trading, it rounds off all purchases you made with your debit or credit card to the nearest dollar. The few cents difference is then automatically used to invest in the cryptocurrency of your choice.
