Facebook Coin Rumors Continue to Circulate: What’s the Truth?

There have been Facebook coin rumors for months in the crypto community and today, the New York Times stirred them up again. According to the New York Times report, Facebook is currently working on its own digital currency to integrate into its messaging services. Facebook Coin Rumors A few months ago, Bloomberg released an article about […]

Continue Reading

Ethereum Upgrades as Hard Forks Activate on Blockchain

Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, respectively, rolled out on the main network at block number 7,280,000. As seen on blockchain monitoring website Fork Monitor, there is […]

Continue Reading

Russia Crypto Adoption: President Putin Orders Crypto Regulations

According to a document published on the Russian President’s official website, Vladimir Putin has ordered the Russian Government to adopt cryptocurrency regulations by July 1st this year. The move will help Russia crypto adoption. Setting the deadline, the Russian President has ordered the body to enforce crypto-related regulation for the digital assets industry. Russia Crypto […]

Continue Reading

JP Morgan Is Quietly Testing Cutting-Edge Ethereum Privacy Tech

JPMorgan Chase’s blockchain team is increasing its firepower around a branch of mind-bending math called zero-knowledge proofs (ZKPs). These proofs, which allow someone to prove a statement is true about a set of data without revealing the data itself, are seen as a solution to the privacy issues that have made regulated companies wary of […]

Continue Reading

Facebook Secretly Talking with Bitcoin Exchanges about Listing its WhatsApp Cryptocurrency

Facebook’s blockchain team has made a significant amount of progress on its secretive cryptocurrency project since Bloomberg first reported that the company was building a dollar-pegged stablecoin. So much progress, in fact, that you may soon find the WhatsApp-focused cryptocurrency listed on a bitcoin exchange near you. Facebook Has Already Met with Bitcoin Exchanges to […]

Continue Reading

Singapore Govt’s Wealth Fund Invests in Coinbase’s $300 Million Round

GIC Private Limited, the sovereign wealth fund of Singapore, was one of the investors in Coinbase’s $300 million fundraising round last year, it has now been revealed. While there were other investors in the Series E round, GIC’s participation was closely guarded until now, per Bloomberg. Other investors who took part in the fundraising round […]

Continue Reading

Bitcoin Lightning Tech Expands Beyond Invoices in Step Toward Better UX

Bitcoin’s lightning network has taken a big step toward a better user experience courtesy of new work by one of its principal open-source developers. Widely believed to be the key to helping the cryptocurrency reach a mainstream audience by pushing it to handle millions of transactions, lightning still has a lot of work ahead of it. […]

Continue Reading

Deja Un: Trump’s North Korea Summit Just a Distraction from Cohen’s Embarrassing Testimony

It was no coincidence that US President Donald Trump opted to hold his North Korean summit with Kim Jong-Un at the same time that his former fixer Michael Cohen testified in Congress. Trump Playing Games to Suck Oxygen out of the Newsroom It is a classic Trumpian move to avoid a lousy headline by creating […]

Continue Reading

Apple’s Steve Wozniak Says Bitcoin has “Massive Value Creation”

Apple co-founder Steve Wozniak has spoken out about Bitcoin in a revelation that many would consider bullish in sentiment. Wozniak, in an interview with Bloomberg, has said of the coin that “we’ve seen massive value creation.” He also puts most of the market volatility down to fear-mongering and psychology. Apple’s Steve Wozniak The co-founder of Apple […]

Continue Reading

Could Consumers Use the JPM Coin One Day? Maybe

JPMorgan Chase held their annual investor day yesterday. The company’s CEO, Jamie Dimon, was involved in a question-and-answer session and answered a few questions about the bank’s latest venture, the JPM Coin. The world’s first bank coin was originally meant for cross-border remittances, but it seems the bank may have other ideas for it down […]

Continue Reading

Constantinople Incoming: Tomorrow’s Two Ethereum Hard Forks Explained

In less than 24 hours, the world’s second largest blockchain by market capitalization is expected to activate its sixth and seventh system-wide upgrades, at which point its global user base will be asked to make two near-simultaneous changes to its code. Known as Constantinople and St. Petersburg, both upgrades will be implemented as “hard forks,” […]

Continue Reading

Norway’s $1 Trillion Sovereign Wealth Fund Bought the Dow Jones Dip

At the end of December 2018 and throughout the past two months, Norway’s Sovereign Wealth Fund has continuously bought the Dow Jones dip, acquiring $22 billion in equities in companies like Apple, Microsoft, and Alphabet as share prices cratered. Norway’s Sovereign Wealth Fund has aggressively expanded its portfolio over the years. | Source: nbim.io Although […]

Continue Reading

LinkedIn Founder, Fidelity Latest to Carry Bitcoin’s ‘Lightning Torch’

An ongoing experiment with bitcoin payments technology, the lightning network, continues to see support from some big name individuals and companies. The latest to receive a payment in a chain of transaction now known as the”Lightning Torch” are the digital assets team at financial giant Fidelity Investments and LinkedIn co-founder Reid Hoffman, both of whom […]

Continue Reading

Pot Stocks Get High as Fed’s Powell Calls for Banks to Clear the Smoke

Speaking in front of the US Congress today, US Federal Reserve Chair Jerome Powell said clarity is needed for US banks dealing with cannabis companies. Marijuana is illegal under Federal law but legal now in 10 US states creating conflict for financial institutions. A number of pot stocks are pushing higher today on this and […]

Continue Reading

Even Fed Chair Powell is Freaked out by Alexandria Ocasio-Cortez’s Money-Printing Scheme

Even the U.S. Federal Reserve thinks Alexandria Ocasio-Cortez needs to cool it with all the money-printing schemes. CNBC reports: “An increasingly popular theory espoused by progressives that the government can continue to borrow to fund social programs such as Medicare for everyone, free college tuition and a conversion to renewable energy in the next decade […]

Continue Reading

Samsung Galaxy S10 Supports COSMEE and Other Crypto Projects

It says a lot for cryptocurrency everywhere that one of the biggest phone brands in the world has added support for digital assets in its latest release. Samsung’s new Galaxy S10 series has done just that, with a built-in wallet function for Bitcoin, Ethereum, and two other altcoins. Samsung Galaxy S10 Supports Crypto A Samsung official […]

Continue Reading