India’s Defence Minister Rajnath Singh says the technology underpinning cryptocurrencies will remain a key part of the defence, along with other innovations. India’s Defence Minister believes blockchain technology, artificial intelligence (AI) and big data will form part of the future of warfare. As local daily news outlet Times of India reported on Nov. 4, Rajnath […]
Continue Reading
Alternative use cases for a blockchain, existing alternatives to proof-of-work, and a case for why we need new consensus mechanisms. The Bitcoin white paper was published 11 years ago today, on Oct. 31, 2008, meaning that Bitcoin (BTC) is celebrating its 11th year of existence. From its humble beginnings to over a $300 billion market […]
Continue Reading
Do you understand your tolerance for risk? Being armed with this knowledge is essential — especially if you’re interested in crypto. “Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason. Although the phrase “no pain, no gain” has some truth — and there will always […]
Continue Reading
Economist Nouriel Roubini has admitted that Bitcoin “maybe is a partial store of value” while leveling his usual criticisms against cryptocurrencies. Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007-2008 financial crisis and a notorious critic of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of […]
Continue Reading
South Korea has established a digital trade foundation to reduce the costs of trade with more than 90% by using blockchain technology. The South Korean government is planning to establish a digital trade foundation to reduce the costs of trade by using blockchain technology. Reduce trade costs by more than 90% On Oct. 14, South […]
Continue Reading
After long-standing limits, new advances in custodial solutions for Bitcoin are enabling larger financial institutions to enter the market. Bitcoin (BTC) has a unique advantage: self custody, which the traditional financial system cannot compete with. It is important that the Bitcoin ecosystem maximizes this competitive advantage in order to compete with the legacy system. Custodial […]
Continue Reading
The United States Internal Revenue Service (IRS) commissions blockchain analysis services and can investigate crypto reports. Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or […]
Continue Reading
Binance’s decision to re-enter the Chinese crypto market seems to make a lot of sense to many experts operating within this space. In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since […]
Continue Reading
An IT company in Armenia has been accused of setting up a crypto mining operation in a hydroelectric plant and using its electricity illegally for over a year. An IT company in Armenia has been accused of illegally accessing electricity and using it to mine cryptocurrencies. $150,000 in power On Sept. 21, in an announcement […]
Continue Reading
NASA considers experience with cryptocurrencies and blockchain a plus for its upcoming data scientist at its Jet Propulsion Laboratory. The United States’ National Aeronautics and Space Administration (NASA) is looking to hire a data scientist with crypto and blockchain expertise. Crypto and blockchain considered a plus According to a LinkedIn job listing posted on Sept. […]
Continue Reading