Bitcoin A "Failed" Currency – BoE governor Mark Carney

Bank of England Governor Mark Carney said that bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things. Responding to questions from students at London’s Regent’s University, Carney said bitcoin has pretty much failed thus far on the traditional aspects of… Continue reading Bitcoin A "Failed" Currency – BoE governor Mark Carney

Crowd for Angels Advances Initial Coin Offering

Crowd for Angels, one of the UK’s leading platforms for equity and debt crowdfunding, has made further progress on its ongoing and innovative Liquid Crypto Bond with attached Initial Coin Offering (ICO). Launched at the end of 2017, the company is looking to raise up to £50 million via a 4%, 5 year bond issue,… Continue reading Crowd for Angels Advances Initial Coin Offering

Bitcoin tops $10,200 as cryptocurrencies extend rally

Bitcoin jumps above $10,200 early afternoon Thursday New York time, marking a recovery from a low below $6,000 last Tuesday. The gains came as other cryptocurrencies rallied and followed reports that alleviated fears of heavy-handed crackdown by authorities in South Korea and the U.S. In a Thursday report, Fundstrat Global Advisors’ Tom Lee said historical… Continue reading Bitcoin tops $10,200 as cryptocurrencies extend rally

Lenovo Aspires to Use Blockchain Tech in Document Validation System

A recent patent filed by Lenovo implies that the Chinese technology company will be able to include blockchain tech in a system that verifies the validity of physical documents. The blockchain tech will work as a verification program for the authenticity of physical documents, building a digital map of the document, undersigned with a digital… Continue reading Lenovo Aspires to Use Blockchain Tech in Document Validation System

Event Report: Bitcoin Wednesday Amsterdam

The first Wednesday of every month in Amsterdam offers a unique opportunity for every bitcoin and blockchain enthusiast. This month, I took the opportunity to attend this event and to share with you information about what happened and what was discussed. Read this article to read more about what was presented, who was speaking, and… Continue reading Event Report: Bitcoin Wednesday Amsterdam

MVR: Financial Solutions for the Multi-Level Marketing Industry

The new MAVRO uses blockchain technology. Blockchain is a distributed database that does not have data storage devices connected to a shared server. All information is distributed among millions of computers, it is impossible to forge or remove even a part of this information. Each block contains a timestamp and a link to the previous… Continue reading MVR: Financial Solutions for the Multi-Level Marketing Industry

Leader Of Chechnya Buys Bitcoin

In a social media post over the weekend, Ramzan Kadyrov, the Head of the Chechen Republic who has spoken enthusiastically about blockchain technology in the past, revealed that he has acquired bitcoin. Ramzan Kadyrov, the Head of the Chechen Republic, announced that he has bought an undisclosed amount of bitcoin in order to more effectively… Continue reading Leader Of Chechnya Buys Bitcoin

African Startups to Leverage Blockchain Technology in Tackling Land Fraud

Many countries in Sub-Saharan Africa do not have functioning land registry systems. As a result, double-ownership and sundry forms of land dispute are a common occurrence in these countries. The inadequate land use framework also provides an avenue for collusion between powerful individuals/corporations and government agencies to acquire land illegally. According to the Food and… Continue reading African Startups to Leverage Blockchain Technology in Tackling Land Fraud

Venezuela’s Petroleum-Backed Crypto Due To Launch Within Days

The Venezuelan government will soon launch an official cryptocurrency, according to Venezuelan President Nicolas Maduro. The crypto, to be named the Petro, will be backed by the nation’s natural resources, which include its estimated 5.3 billion barrel oil reserves as well as significant gold, diamond, and other mineral deposits. Many details of the Petro, such… Continue reading Venezuela’s Petroleum-Backed Crypto Due To Launch Within Days

Arise Travel Launches Decentralized Hotel Distributors Network, in Beta

Arise Travel, which uses a secure blockchain to store hotel rates, commissions and inventory, on Tuesday announced the beta release of its network, a decentralized digital marketplace, designed to rebuild hotel distribution infrastructure and extend the value of inventories. Arise Travel (not associated with Arise Bank) plans to leverage blockchain technology to allow hotels greater control over… Continue reading Arise Travel Launches Decentralized Hotel Distributors Network, in Beta

BitGrail Hack Aftermath, Interview with Cardano Founder – Best of the Week

BitGrail Nano (XRB) Hack Stirs Uncertainty The BitGrail saga continued last week, as news flowed of the recent hack, which saw 17 million Nano tokens from the exchange. The Nano (XRB) tokens had an estimated value of $170 million at the time of the hack. The hack has led to a rash of backlash from… Continue reading BitGrail Hack Aftermath, Interview with Cardano Founder – Best of the Week

Bitcoin Master Guide

Bitcoin is the revolutionary digital currency that slowly, but surely changes the financial landscape of the world. As new people join this global community, they are often met with information that’s either invalid or misinformative in nature. This is the main reason for the creation of this Guide, which hopes to establish itself as an… Continue reading Bitcoin Master Guide

Security Token Platform Polymath to Add AML/KYC Verification via IdentityMind

A surveillance drone equipped with a camera to prevent fruit theft flies past a field of orange trees in Algemesi, Spain, January 31, 2018. REUTERS/Heino Kalis - RC19A8AC8C60

The blockchain industry’s first security token issuance platform called Polymath has just partnered up with IdentityMind for KYC (know-your-customer) and AML (anti-money laundering). The ongoing regulatory attention on the crypto and blockchain world is warranting some additional attention on part of firms in the industry. The provider of the first security token issuance platform, Polymath… Continue reading Security Token Platform Polymath to Add AML/KYC Verification via IdentityMind

What to Expect When Congress Talks Blockchain Tomorrow

Two subcommittees in the U.S. House of Representatives will discuss potential applications for blockchain in government during a hearing on Wednesday. “Beyond Bitcoin: Emerging Applications for Blockchain Technology,” scheduled to begin on Wednesday at 10 a.m. EST, is likely to constitute a broad overview of the technology – a key first step ahead of any… Continue reading What to Expect When Congress Talks Blockchain Tomorrow

Project Ubu: The Ambitious South African Cryptocurrency

Universal Basic Income (UBI) is a very popular topic at the moment. Countries like Finland and the Netherlands have conducted exploratory initiatives on the topic, with small-scale experiments to see how it fares. UBI is a concept that is increasingly advocated by those who want to streamline the social welfare system while simultaneously future-proofing it for a… Continue reading Project Ubu: The Ambitious South African Cryptocurrency

Tokenized Fund invests in Flying-Car Venture

Token-based investment fund Token-as-a-Service (Taas) has invested 2,071 Ethereum (ETH) tokens in VIMANA Global’s efforts to develop an Autonomous Aerial Vehicle (AAV). The popular nickname for AAVs is flying cars. VIMANA Global will try to make that dream a reality with a combination of the blockchain, distributed artificial intelligence (AI), and vertical takeoff and landing… Continue reading Tokenized Fund invests in Flying-Car Venture

Wyoming Passes Bill To Relax Securities Law For Some Blockchain Tokens

The US state of Wyoming has passed a bill Feb. 19 allowing certain Blockchain tokens to bypass securities regulations if they meet three key requirements as of July , 2018. House Bill HB0070 was sponsored by seven representatives and five senators of the Legislature of the State of Wyoming. The bill passed the Wyoming House… Continue reading Wyoming Passes Bill To Relax Securities Law For Some Blockchain Tokens

Microsoft to Use Tech behind Bitcoin in its Decentralized IDs App

Microsoft has announced in an official post that the company will embrace decentralized identity systems built on blockchains such as Bitcoin and Ethereum. One of the main corporations on the financial market will support blockchain-based decentralized IDs (DIDs) via the Microsoft Authenticator app. “After examining decentralized storage systems, consensus protocols, blockchains, and a variety of… Continue reading Microsoft to Use Tech behind Bitcoin in its Decentralized IDs App

Cryptocurrency Startup Oneiro Raises $3M USD From Cosimo Ventures

Cryptocurrency startup Oneiro has secured a $3 million seed investment from Cosimo Ventures, a venture capital firm with offices in Boston and Dublin. Based in the UK, Oneiro is focused on developing technologies around decentralized, secure, and dependable cryptocurrency. Blockchain technology has enabled the use and management of digital currencies worldwide, and Oneiro is positioning… Continue reading Cryptocurrency Startup Oneiro Raises $3M USD From Cosimo Ventures

Ecosystem Players Launch Ethereum Community Fund Grant Program

The Ethereum Community Fund will help to create new opportunities for the growth of the ecosystem. On February 15, 2018, several projects in the Ethereum space announced their combined effort to establish the Ethereum Community Fund (ECF), meant to hasten the development of blockchain infrastructure and Dapps. Cosmos, OmiseGO, Golem, Maker, Global Brain Blockchain Labs,… Continue reading Ecosystem Players Launch Ethereum Community Fund Grant Program

21 Savage Returns to the Legends Room for Crypto Wednesday

Las Vegas—The Legends Room kicks off it’s Crypto Wednesday this week with multiplatinum recording artist, 21 Savage, hosting the opening party on February 21, 2018. 21 Savage makes his return to the world’s only crypto lounge after leading the club’s inaugural New Year’s Eve Party. 21 has been on a record run with chart topping… Continue reading 21 Savage Returns to the Legends Room for Crypto Wednesday

Cardano’s Charles Hoskinson: “Preyed upon Elderly and Children?" Fake News!

This is an excerpt. To hear the whole interview, click the Soundcloud and Youtube links. Cardano has received much attention since its public launch as what many consider to be one of the most exciting cryptocurrencies of 2018. In the past several weeks, Cardano has kept a fairly consistent hold on its place as the… Continue reading Cardano’s Charles Hoskinson: “Preyed upon Elderly and Children?" Fake News!

Exclusive: CEDEX ICO Raises $20 Million, Prior to Pre-Sale Stage

Finance Magnates has been informed by a source familiar with the matter that the Cedex.com ICO has been able to raise approximately $20 million while still in the private sale stage. It has yet to reach its public pre-sale stage. Finance Magnates reached out to sources from both Cedex and Techfinancials, which granted Cedex a $400,000… Continue reading Exclusive: CEDEX ICO Raises $20 Million, Prior to Pre-Sale Stage

Post-Coincheck, Japan's 2 Largest Crypto Groups Form Self-Regulating Body

Following the $530 million Coincheck hack that took place in January of this year, the two largest cryptocurrency industry associations have made plans to form a self-regulating body that will work to make the crypto industry safer for investors. Discover credible partners and premium clients at China’s leading finance event! According to Reuters, it is… Continue reading Post-Coincheck, Japan's 2 Largest Crypto Groups Form Self-Regulating Body