Tag Archives: blockchain

Bank of America Could Store Crypto Deposits for Big Companies

Bank of America Could Store Crypto Deposits for Big Companies

Despite their harsh exterior, banks have been quietly preparing for a world that involves cryptocurrencies. Bank of America has most recently secured a patent for a cryptocurrency aggregation system, one in which big companies store customers’ crypto deposits in an enterprise account involving vaults and offline storage rather than taking on the risk themselves. For example, “deposit […]

A GUIDE TO KOMODO COIN

A GUIDE TO KOMODO COIN

The rapidly expanding world of cryptocurrency is currently home to over 1000 blockchain projects and platforms. As users increase, newer platforms emerge to accommodate them. However, the industry remains turbulent in the face of regulatory uncertainty, cybercrime and incredibly volatile markets. Although investors flock in hoping for a repeat of the fantastic prices that several cryptocurrencies like Bitcoinrose […]

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

What is Merged Mining? Can You Mine Two Cryptos at the Same Time?

Merged mining, or Auxiliary Proof-of-Work for the more technical crowd, is the process of mining two separate cryptocurrencies at the same time. Although not as popular as traditional Proof-of-Work or even Proof-of-Stake consensus algorithms, some projects have implemented merged mining to ‘piggyback’ off more secure networks as they grow. Although he didn’t include it in the […]

Cleveland, Ohio’s Great Lakes Science Center to Start Accepting Bitcoin (BTC) Payments

Cleveland, Ohio’s Great Lakes Science Center to Start Accepting Bitcoin (BTC) Payments

The Great Lakes Science Center, a large US-based museum and education center focused on building a community that is actively involved in “science, technology, engineering, and math”, recently announced that it will start accepting bitcoin (BTC) payments on November 13th. Contributing To The Blockchain Ecosystem Kirsten Ellenbogen, the president and CEO of Cleveland, Ohio’s Great Lakes Science Center, […]

Cryptocurrencies Will Replace Fiat By 2030, International Blockchain Speaker Claims

Cryptocurrencies Will Replace Fiat By 2030, International Blockchain Speaker Claims

Nicholas Merten, the founder of DataDash, the largest cryptocurrency YouTube channel with over 316,000 subscribers, recently noted that crypto will have “four major cycles” including the “Silk Road phase” from 2011-2013, the “retail speculation” phase from 2016-2017, the “institutional speculation” phase from 2019-2020, and finally the “crypto replaces fiat” phase from 2020-2030. Nicholas [email protected]_Merten From what […]

Bitcoin Trailblazer Jeff Garzik Says Bitcoin ‘Unquestionably a Success’ as Store of Value

Bitcoin Trailblazer Jeff Garzik Says Bitcoin ‘Unquestionably a Success’ as Store of Value

Bitcoin (BTC) pioneer Jeff Garzik has said that while the leading cryptocurrency may not have evolved into a means of payment as he first envisaged, it is still “unquestionably a success” as a store of value, in an interview with Bloomberg Nov. 9. Speaking soon after Bitcoin’s 10th anniversary, Garzik – reportedly the “third-biggest contributor” to Bitcoin’s code and one […]

Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head

Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head

Thailand’s securities regulator will clear “at least one” Initial Coin Offering (ICO) “portal” to operate legally in November, local daily news outlet Bangkok Post reported Nov. 8. Speaking to the publication, Rapee Sucharitakul, secretary general of the Thai Securities and Exchange Commission (SEC) said that ICOs themselves could also start seeing official approval to serve Thai markets as […]

Coinbase Launches Full Trading of Basic Attention Token

Coinbase Launches Full Trading of Basic Attention Token

American cryptocurrency exchange and wallet provider Coinbase has announced the rollout of full trading of the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOSapps, per a blog post published Nov. 8. According to the announcement, Coinbase’s customers can now buy, sell, send, receive, or store BAT along with other digital currencies supported on the platform. The exchange also notes […]

US CFTC Chairman: Distributed Ledger Technology May Help in Monitoring Trading Markets

US CFTC Chairman: Distributed Ledger Technology May Help in Monitoring Trading Markets

Christopher Giancarlo, the chairman of the US Commodity Futures Trading Commission (CFTC), recently said that distributed ledger technology (DLT) may help regulatory authorities monitor trading markets more effectively. Giancarlo’s comments regarding blockchain technology came as he delivered his speech (on November 7th) titled: “Quantitative Regulation: Effective Market Regulation in a Digital Era” – at the FinTech Week conference at Georgetown University’s […]