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Here are some of the more interesting news items we came across from the wider cryptosphere. Wikipedia Traffic Reveals that Crypto Market Cap has no Correlation with Public Interest According to data sampled by Wikipedia, cryptocurrency market caps are not related to public interest. In one month between December 24th and January 24th, the Bitcoin Wikipedia page was visited more …
Read More »The Latest Bitcoin News
January, 2019
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29 January
Cryptocurrency News Today: January 29th, 2019
Iran Releases New Cryptocurrency Regulations The Central Bank of Iran recently released a draft of crypto laws, dismantling its earlier crypto ban. The regulations were announced during the Electronic Banking and Payment Systems conference in Tehran. The regulations map out guidelines for trader and crypto businesses. The draft recognizes Bitcoin and Ethereum; however, Iranians are not yet able to spend …
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27 January
Crypto News Today
Crypto Trader makes over $100,000 on Augur The cryptocurrency industry has not had the greatest of starts to 2019. With markets remaining bearish, Bitcoin and other altcoins dipped and posted losses for the last few weeks in a row. Most crypto investors have lost significant amounts of capital. However, one pseudonymous crypto trader netted a six-figure profit despite all of …
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26 January
CryptoJacking on the Rise Despite Bearish Crypto Market Trend
Cryptojacking is the unauthorized use of someone else’s computer or hardware to mine cryptocurrency. According to a report released by Checkpoint, Crypto mining malware has topped the list of 2018’s biggest threats. The report further goes to explain that cryptojacking is the most common threat at the moment. It also lists Coinhive as the world’s leading cryptojacking device. For context, …
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25 January
Why Cryptocurrency Adoption is Slow and How to Fix it
Blockchain technology and the cryptocurrencies that run on it are incredibly transformative technologies. However, just like all technologies that preceded them, generating widespread adoption is a challenge. A recent survey by Deloitte revealed that people are growing tired of hearing about blockchain every day. However, that is not what is slowing cryptocurrency adoption. The main obstacle standing in the way …
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24 January
Constantinople: Why Ethereum’s Move Towards PoS is a Big Deal
The Constantinople upgrade, which had previously been scheduled for January 17, has been postponed to the end of February. According to a tweet sent out by Ethereum team leader Peter Szilagyi, the update will go live on February 27, 2019. While the initial update was expected to roll out in November 2018, it was pushed back when an upgrade protocol …
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22 January
Loopring and the Decentralized Exchange of the Future: Fast, Transparent, and Tamper-Proof Transactions
Loopring and the Decentralized Exchange of the Future: Fast, Transparent, and Tamper-Proof Transactions Loopring (LRC) has appreciated roughly 300% in the last week alone. Here we take a deeper look into what this innovative project is all about. Overview The Loopring protocol can be used to build automated and decentralized systems by providing users with trustless verifiability as well as …
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21 January
Central Bank Institution BIS Says PoW is Unsustainable for BTC
Bitcoin must move away from proof-of-work, according to a 31-page report published today by the Bank for International Settlement (BIS) entitled, “Beyond the doomsday economics of “proof-of-work in cryptocurrencies.” The Bank for International Settlements is a bank for central banks — 60 to be exact, which reportedly account for 95 percent of the world’s GDP. Founded in 1930, it is …
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20 January
CBOE Analyst Ed Tilly: Lack of ETNs is Keeping Wall Street Away from Bitcoin
CEO, president, and chairman of the Chicago Board Options Exchange (CBOE) Ed Tilly has claimed that, in order for Wall Street and other large institutional investors to enter the crypto markets, there must be Bitcoin exchange-traded notes (ETNs). Business Insider initially reported on Tilly’s remarks on January 18th. In the Business Insider article, Tilly stated: “The growth of Bitcoin in …
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19 January
Report: Value of Bitcoin Sent to Darknet Markets Up 70% Last Year
The total value of Bitcoin sent to darknet markets increased by 70% last year, according to a report published yesterday by Chainalysis. The darknet uses IP addresses that cannot be tracked or traced and cannot be discovered by most search engines. As such, it largely operates outside of the watch of governments and other regulatory bodies. The report notes that …
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18 January
Binance Refuses to Confirm Locations of Reported New Exchange Locations
Binance, the leading exchange globally based on monthly trading volume, plans to expand to eight new countries this year, according to a report from The Block yesterday. The report lists Uganda (launched October 2018), Jersey (just launched on Wednesday), Singapore and Malta (planned for 2019), and South Korea, Liechtenstein, Argentina, Russia, and Turkey (intended but no year specified), and Bermuda …
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17 January
UPS Invests and Partners with Blockchain B2B Company Inxeption
American shipping giant UPS has invested in blockchain logistics company Inxeption, according to a company press release published yesterday. The investment, made through UPS’s Strategic Enterprise Fund, will be used to develop new e-commerce solutions for buyers and sellers in B2B transactions, with the two companies working together. The terms of the deal were not included in the release, and …
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14 January
Identity Platform Authenteq Raises $5 million for Blockchain ID Verification
According to a VentureBeat report published today, Reykjavik-based identity verification company Authenteq has raised $5 million in funding, led by Draper Associates and Capital300. In a slightly unusual move, Autheneq decided to have two closings of its Series A round. The first close just took two weeks to complete. The second close has not occurred yet, as the company is …
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13 January
University of Bahrain to Issue Diplomas on the Blockchain
The University of Bahrain (UoB) will now issue diplomas on the blockchain, according to a story first reported by Trade Arabia, an English-language local media outlet. Bahrain is a nation in the Arabian Gulf comprising more than thirty islands. According to the Trade Arabia article, the university will employ Blockcerts, a company that allows for digital records to be stored …
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12 January
Wyoming Lawmakers Propose Blockchain Sandbox Bill
The state of Wyoming is continuing to welcome blockchain startups, this time with the approval of a bill that will allow blockchain and crypto startups to operate within what is called a regulatory “sandbox” for a legislative vote. On Friday, the Wyoming House Committee on Minerals, Business and Economic Development approved its financial technology sandbox bill in a unanimous 9-0 …
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