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Singapore Central Bank chief hopes blockchain is here to stay
The head of Singapore's Central Bank thinks the cryptocurrency economy will eventually crash, yet he is keeping his fingers crossed that the blockchain technology would still exist, when this happens. This negative statement is much less damning than the official attitude of government officials of many...
January 16, 2018
Kraken upgrades with much needed new features
As Kraken became evidently unable to handle the large number of users trading on its platform, they successfully upgraded the platform to keep up with the increased number of traders using the exchange. This followed a downtime of around 48 hours that negatively affected thousands of traders on Kraken's...
January 14, 2018
Ripple vs R3 – the rift deepens
Ripple has cancelled its partnership with R3, following the recent unprecedented surge of Ripple's price. The partnership was expected to give Ripple access to R3's Consortium of banks. The cancellation was justified by Ripple's executive, Brad Garlinghouse, who stated that R3 knowingly deceived Ripple...
January 14, 2018
DAO + ICO = DAICO – a new way to raise funds
ICOs have taken the financial industry by surprise as billions of dollars have been gathered through them. However, ICOs have their limitations. To solve these problems, Buterin has designed a new approach, which is a combination of Decentralized Autonomous Organization (DAO) and the Initial Coin Offering...
January 14, 2018
Despite rumors, crypto ban not in effect in South Korea — yet
Despite certain actions taken or planned, it is important to clarify that there is no outright South Korea cryptocurrency ban on exchange of bitcoin or any other coin — yet.
January 13, 2018
Michael Novogratz and Bradmer Pharmaceuticals to create crypto bank
Novogratz has recently stated that he’s willing to stake his entire cryptocurrency net worth of $400 million, and team up with Bradmer Pharmaceuticals, in order to establish a cryptocurrency retail bank, which was described by observers as the Goldman Sachs' equivalent of the cryptocurrency economy.
January 12, 2018
Microsoft stops then starts using bitcoin again
Microsoft stopped accepting bitcoin payments a week ago. However, the ban on bitcoin lasted only a week, after which bitcoin payments were resumed. The company cited “instability” as the reason behind the short-lived ban.
January 12, 2018
Chinese government plans to end mining operations
The Chinese government has advised cryptocurrency miners in the country that they should plan on ceasing mining operations by January 10th. This comes after China's blanket ban on cryptocurrencies in September, 2017.
January 12, 2018
Bitcoin is real money, says Goldman Sachs
Goldman Sachs recently acknowledged the value of bitcoin, following a long dispute over its utility in everyday life. Despite the encouraging acknowledgment, the report cautions investors against expecting the same growth that was experienced particularly by bitcoin in 2017.
January 12, 2018
Will Ripple be able to replace SWIFT?
Ripple's digital token, XRP is only one of its many products. Most of the company's focus is on developing solutions for banks and financial institutions in order to be able to replace the SWIFT system with RippleNet.
January 11, 2018
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