Five industries that are being transformed by blockchain.

Internet of Business says It is the distributed ledger system that enables cryptocurrencies, but blockchain technology offers use new cases across multiple vertical industries. Within the Internet of Things (IoT), blockchain’s applications go beyond security and authentication to asset tracking and the exchange of smart contracts, which give devices a way of handshaking and exchanging information according to mutually agreed […]

Bitcoin Hover Over $11,800 as Top Cryptos See Gains

Saturday, June 29 — most of the top 20 cryptocurrencies are reporting moderate to significant gains on the day by press time, as bitcoin (BTC) hovers over under the $11,800 mark again. Bitcoin is currently up about .14% on the day, trading around $11,830 at press time, according to. Looking at its weekly chart, the coin is up over 13%. Ether (ETH) is holding […]

Policymakers Meet Crypto Industry

World leaders and policymakers are gearing up for the G20 summit in Osaka, Japan, which will take place on June 28 and 29. Concurrent to this event, another summit called the Virtual Asset Service Providers summit or V20 will also take place in Osaka. It is organized by international crypto industry associations with strong support from industry participants. The V20 […]

How To Keep Your Bitcoin Safe

There are many reasons to keep bitcoin cash transactions private. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their KYC measures. they are many ways of which one can keep its transactions secretly. They are many ways that a bitcoin trader can actual keep […]

Potential Impact on South Korean Crypto Industry

The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the rest of the world and Ether at around $20 higher. Normally, when such a premium appears, traders are quick to arbitrage out the price difference. This may be taking longer than usual, […]

Bitcoin is Still in a Clear Uptrend Despite Recent Crash.

Bitcoin has once again been caught in the throes of massive volatility, experiencing a parabolic price surge yesterday before plunging over 20%. This price action has led many investors to quickly flip bearish on BTC, but a bullish response to its latest drop could lead it significantly higher. Analysts are now noting that Bitcoin is still caught in a firm […]

Bank of Uganda warns public on online cryptocurrency

Dr. Louis Kasekende the deputy Governor at the Bank of Uganda has said there were no regulations on the use of online crypto currency and it is risky to start using them. This was during a Town Hall meeting held at Masaka to engage the public on activities of the central bank. Cryptocurrency is a form of digital money; it […]

Facebook Seeks Wallet Engineers as Blockchain Job Openings Top 30

Facebook is looking to hire more than 30 blockchain professionals, including six engineers for the Calibra crypto wallet. Social media giant Facebook, which recently revealed details of an ambitious plan to roll out a cryptocurrency called Libra, is seeking a data professional to work on the new network’s wallet data, as well as a policy specialist to help with potential […]

Singapore Central Bank: Concerns Over Facebook’s Libra ‘Not Trivial’

Singapore’s central bank has held discussions with Facebook about its upcoming libra cryptocurrency, Bloomberg reported on June 27. The Monetary Authority of Singapore (MAS) has held discussions with Facebook Inc about its plans for a new cryptocurrency, though the regulator still sees significant obstacles in the way of the social media firm’s project. Despite the potential benefits of Libra, concerns raised about the way it would […]

Bitwise to Launch Another Crypto Exchange-Traded Product

Another  multi-crypto-based exchange-traded product (ETP), according to a press release on June 26. Bitwise’s index calculation subsidiary, Bitwise Index Services, has licensed “The Bitwise 10 Select Large Cap Crypto Index” to Amun AG to bring a diversified crypto ETP, the announcement says. The index will act as the benchmark index for an ETP product called “Amun Bitwise Select 10 Large Cap Crypto […]