Cointelligence Blog

In extreme cases, countries have introduced penalties for trading cryptocurrencies, such as capturing of assets, blocking bank accounts, and even jail time.

As more and more people have started to adopt cryptocurrency, it has become excessively important that the tools used for carrying out transactions ensure that transactions are safe and secure.

Amid all these controversies and theft, one is left to wonder whether cryptocurrencies are safe. People have been investing their life savings into cryptocurrency exchanges, with some going as far as selling everything they own to invest in bitcoin and other cryptocurrencies.

During the Singapore Fintech Festival this week, Ripple CEO, Brad Garlinghouse, and Ethereum co-founder, Joseph Lubin, both agreed on one thing. They agreed that a significant portion of the ICO market is fraudulent.

A great step towards the normalization of cryptocurrency has been taken by a London fintech startup, London Block Exchange (LBX). Led by a Credit Suisse veteran, the startup was launched on Tuesday and plans on releasing a new debit card, the Dragoncard.

ICOs have become a great way to raise millions and minutes, and prominent publicly listed companies are hoping to get in on the action.

Now more and more public figures related to crypto market, such as Rick Falkvinge, are supporting Bitcoin Cash and dumping Bitcoin Classic.

Bitcoin Futures will be active on CME Group’s platform as of 10 December 2017.

The highly anticipated update, originally expected to occur next year, may happen ahead of schedule. This update is crucial to Ethereum’s highly crowded network, as it will shift the technology from a proof-of-work (PoW) protocol to a proof-of-stake (PoS) one.

The latest innovation in the field of blockchain has been released by the global payment solutions company, Visa. The company already boasts a large portion of the global credit and debit card users, and is now trying to innovate to decrease costs and improve the processing speed of transactions.