At a time where crypto regulators are burning the midnight oil in efforts to seal loopholes in the market, fraudsters are reported to be migrating to jurisdictions where rules governing the space are either conspicuously inconsistent or non-existent at all.…
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Weekly Market Report for EOS (EOS), Monero (XMR), and TRON (TRX)
The latest crypto bull run is still alive as the majority of cryptocurrencies is going through increases, with occasional drops on a daily or weekly basis as is the case with Bitcoin. Bitcoin dropped from the value of 19,000$ to…
PWC: Blockchain Technology could Add $1.7 Trillion to the Global Economy by 2030
A new PWC report shows that Blockchain technology has the potential to boost global GDP by $1.76 trillion over the next ten years. The technology which is now catching on fast despite being earlier dismissed has the potential to generate…
Cardano Foundation Lays Out Plans for a Self-sustaining Community
Cardano’s Elliot Hill outlined in an article their plans for fostering community participation in the Cardano (ADA) eco system. Cardano sits twelfth on the log in the market cap table according to coinmarketcap.com and has a community of enthusiasts it…
Bank of Jamaica Invites Bidding War for CBDC Infrastructure Solutions
The Bank of Jamaica invited technology solution providers to develop and test potential Central Bank Digital Currency, or CBDC solutions. According to a July 17 statement, bidders have been invited to submit the details of their solutions to the bank…
Bitcoin Mining Grandmother locked up in China
A 61 year old Chinese grandmother will go behind bars for 4 months for stealing electricity while mining Bitcoin. On top of the sentence, the elderly Bitcoin enthusiast Qiuping Tang will also pay a fine of 10,000 Yuan ($1,500) for…
Hamas ups Crypto game with the creation of multiple wallets
Hamas has been upping its crypto game of late, with its military wing- Izz el-Deen al-Qassam brigades- reportedly soliciting Bitcoin in a way that deters tracking. Hamas has had a funding problem for a while now, with its sympathizers unable…
New Poll Declares XRP the Best Crypto to Buy Below $1
A Weis ratings poll just declared Ripple’s XRP, the best crypto-currency to buy below $1. Weis ratings is a private firm that offers research and review services for individual, and business uses. After the poll was conducted, the research firm…
$65 billion crypto wipeout: what you need to know!
Within the past seven days, the crypto market has been slashed $65 billion in a trend that saw major coins including Bitcoin (BTC), Ethereum (ETH) and Bitcoin Cash (BCH) plunge in market values with some assets losing up to 50%…
Blockchain attorney: “No correlation between SEC’s actions and bitcoin prices!”
The bear effect in the crypt market has proved persistent with frequent market blips giving investors a run for their money. The recent action by the US financial regulatory watchdog SEC on two ICOs (AirFox and paragon) has seemed to…