Category: News Updates

Bitcoin, Ethereum, Altcoins, Mining, Trading & more

USD 5.6 Million Andy Warhol Art to be Sold via Ethereum Blockchain

The blockchain technology has started finding its own new case uses each day. One day it is bond issuances and the next day it is educational certificates. And tomorrow you might even be able to buy a bottle of water to pay your gas with it. Well, we do not know about tomorrow for certain,…
Read more

Jihan Wu: There is no secret crypto mining operation for Bitmain

The CEO of Bitmain, Jihan Wu has denied the rumors that mentioned the mining hardware manufacturer uses their newly developed devices in secrecy before having it all available to the general public by and large. Jihan made this claim at an interview that he had with Fortune, where he hit back against all the rumors…
Read more

Billionaire Bull Mike Novogratz: Cryptocurrency Will Become a $20 Trillion Market

  During one of the interviews that was solely focussed on the cryptocurrency markets and the economics of it, Billionaire Bull Mike Novogratz was asked by the interviewer then regarding the rapid changes and the movement in the valuation of the cryptocurrency market that were coming about as criticism from skeptics and whether the market…
Read more

NYU Prof. Nouriel Roubini: Ethereum Smart Contracts only Good in ‘Kangaroo Courts’

New York University (NYU) professor Nouriel Roubini has gained overnight fame for his comments and his remarks on Ethereum Smart Contracts and the community has given him the name of “Dr. Doom”. In fact, he is better known for his remarks and utter disdain for everything that is nothing but exclusively blockchain – the technology…
Read more

Crypto Giant Circle Seeks a US Banking License

  Circle is currently in talks with the US regulators looking forth to pursue a federal banking license and also to have themselves registered as a securities exchange.   Circle CEO Jeremy Allaire mentions his firms plans recently stating that he hopes to make it become the first ever cryptocurrency start up to receive such…
Read more

NYDFS Chief Denies BitLicense Stifles Innovation

The controversial cryptocurrency regulatory framework of New York, the BitLicense, has been criticized time and again much too often in the industry circles. In fact, they are put up right there as an example for all the other regulators to not follow suit and to not be like if those regulators seek to have some…
Read more

Mastercard Wins: Patent for Blockchain Travel Itinerary Bidding System

A patent for a blockchain system which allows travellers the freedom to submit their own desired itineraries and the freedom for merchants to submit the bids for each of the respective service requests has been won by Mastercard.   Mastercard was awarded the patent on June 7th by the  US Patent and Trademark Office (USPTO).…
Read more

Pro blockchain Howard Schultz to exit Starbucks

  The CEO of Starbucks, Howard Schultz, who is an anti-bitcoin, pro-digital currency individual has recently mentioned his intentions to exit his role at Starbucks and has considered to get into politics. This is the latest according to CNBC. Schultz has denied the rumors that have been circulated in the past about him running for…
Read more

India: Investors alert police, multi-million cryptocurrency scam busted

  A multi-million cryptocurrency scam was busted in the crime branch of India’s financial capital on June 5, 2018. The scam was operating under the guise of a real estate company since 2016. The name of the company was called as the Flinstone group and they sold primarily a lifestyle of Caribbean homes also offering…
Read more

This town in Australia is the first ‘Digital Currency Town’ accepting Bitcoin to promote tourism

Agnes Water, the famous Australian beach town has started billing itself to be the country’s first ever ‘digital currency town’. This is to attract an international crowd and promote tourism. In this town, there are more than 30 local businesses that accept cryptocurrencies as a means of payment. Despite the fact the town is only…
Read more