BitGo Inc., a digital asset security and cryptocurrency company based in Palo Alto, California, failed to prevent users in Crimea, Cuba, Iran, Syria, and Sudan…
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Derek James Muhney is the CMO of Coinsource, a U.S.-based Bitcoin ATM operator. Coinsource provides buying and selling at their machines and proprietary software. Coinsource…
San Francisco-based cryptocurrency exchange faces a class action lawsuit arguing the company knew it had dealt in unlicensed securities by offering cryptocurrency XRP. Filed in…
A new bitcoin price prediction puts the cryptocurrency at more than $73,000 in 2021. A chart technician says the only direction for bitcoin is up in the…
2020 was a revolution. Here is what actually happened. The IMF-dubbed Great Lockdown saw fear taking the front seat and the social contract rewritten posthaste. …
The outlook for the gold price in 2021 is still positive, although the recent news about COVID-19 vaccines has taken a bite out of this latest brief…
The response to the COVID-19 pandemic will bring about serious change. Factory and service jobs, for instance, will be assumed by robots. There will be…
Panthers offensive tackle Russell Okung, an outspoken bitcoiner, will earn $13 million in salary in 2020, half of which he has confirmed will be paid…
American manufacturing appears to be at a crossroads. With a 5.5% climb in November, the U.S. trade deficit made a new record high. U.S. exports…
According to Google Trends, MakerDAO is more searched in Argentina than in the United States. The reason may be because there is a real demand…
Cryptocurrency was invented to remove middlemen and counterparty risk. So what do all the blockheads in cryptocurrency do? They reintroduce middlemen and counterparty risk. They…
The COVID-19 outbreak has led to economic disruptions, causing drastic loss to our livelihood and exposure of inequity in the health system. Hundreds of thousands fell into extreme poverty while risking themselves as a consequence of the virus.
BTC’s price to reach $300-$500k in 2021 By Victor Argonov, senior analyst at International investment firm, EXANTE Not too long ago, predictions that Bitcoin would…
“There is no question in my mind that this election was hacked,” says Bitcoiner Patrick Byrne, who founded and served as CEO of Overstock.com. He…
Olsztyn, Poland will become the world’s first city to leverage the Ethereum blockchain to aid emergency services. Having completed a successful trial run of SmartKey,…
The Centre for Evidence Based Blockchain put a report out in September 2020 that an “evidence based blockchain” was difficult to find. CEBB was set up by the British Blockchain Association as “the world’s most influential voice on Blockchain. Advancing evidence-based adoption of Distributed Ledger Technologies.”
Big banks are taking the ideas behind blockchain and adapting the technology to their business models. For instance, much of Italy’s banking sector uses Spunta,…
The World Economic Forum (WEF) believes that blockchain can help distribute the COVID-19 vaccine because the technology behind Bitcoin provides an immutable, decentralized database that can help all parties be sure that vaccine supplies are stored and handled properly.
Bitcoin is up almost 150% and has topped $18,000 for the first time in three years. It might seem like the cryptocurrency is headed higher,…
The World Economic Forum’s Great Reset initiative is picking up steam on Twitter. The Great Reset is basically the organization’s plan to impose socialism on…
When people think of precious metals investing, usually an image of gold bars or coins comes to mind. However, this initial idea does not begin…
There’s been a lot of talk about how the travel industry will get back to normal in a world marred by COVID-19, but JetBlue CEO…
Joe Biden’s “build back better” plan is far different than Donald Trump’s “America First” platform. The so-called ‘Great Lockdown’ has devastated the global economy. Biden accused Trump of “economic policies that rewarded wealth over work and corporations over working families.” He also claimed that black and Latinos, native Americans, immigrants and women were never “ welcomed as full participants in the economy.” These groups came out in droves for Trump during the election.
The financial world has turned its attention to gold. Gold has flirted with $2,000 an ounce, and silver has reached $26, before corrections. Meanwhile, as the mainstream press is urging the public to stay away from gold, the U.S. Mint announced it would be shutting down some of its production. But that’s perhaps not even the biggest news out of the precious metals markets.
When Robert Beadles, who goes by CryptoBeadles, first joined crypto, it was mostly cypherpunks. He says blockchain today consists of a lot of people trying to raise money for products whether or not they fill a real need. “Silicon Valley types,” he says.
GoDirect Trade is an online marketplace powered by Honeywell. The marketplace focuses on the sale of aerospace parts, a $4 billion industry. But––somehow, some way––virtually…
According to Bloomberg crypto analyst Mike McGlone, bitcoin is worth $15,000, not the $10,900 price as of press time. McGlobe is the senior commodity strategist at Bloomberg and, upon examining various factors like bitcoin’s rising hashrate––which continually hits new records––he determined Bitcoin is undervalued at current levels.
The University of Cambridge and the school’s Centre for Alternative Finance published its third “Global Cryptocurrency Benchmarking Study.” The study examines crypto’s overall growth, as well as the niches of mining, off chain activity, crypto asset user profiling, regulation, and security.
The September 2020 study highlights in particular mining, payments, custody, and exchange. Apolline Blandin, Gina Pieters, Yue Wu, Thomas Eisermann, Anton Dek, Sean Taylor, and Damaris Njoki co-authored the proposal.
Ernst & Young released a new Ethereum-based platform over the weekend. The solution, which has been designed to streamline enterprise resource planning (ERP), is called…
Leading players in the cryptocurrency industry addressed the European Commission’s new legislative proposals. The International Association for Trusted Blockchain Applications (INATBA) responded to the Markets in Crypto-Assets (MiCA) regulation proposed for the EU by the EC. INATBA has the backing of major crypto companies such as Ripple, ConsenSys, and Iota.
The European Union’s executive branch has developed plans for a comprehensive digital asset framework for the entirety of the 27-member bloc.
The European Commission has proposed legislation to turn cryptocurrencies into a regulated financial instrument.
Bitcoin’s bearishness has led investors to exit certain crypto derivatives products leading to trading volumes decreasing. CryptoCompare reported volumes for cryptocurrency-based exchange-traded-products (ETPs) declined to but a fraction of their August totals.
Ether, the second-largest cryptocurrency in terms of market value traded at $345 on Friday as of 15:20 UTC. On a month-to-month basis, this marks a…
The World Bank released last week its report “Human Capital Index 2020 Update.” It notes how certain countries, namely South Korea and Iceland, “successfully implemented” contract tracing strategies early on in 2020, while most countries employed lockdowns and movement restrictions.
The United States Space Force (USSF) and the U.S. Air Force Research Lab has tapped blockchain firm Xage Security for the Force’s security system. Xage Security said the contract targeted end-to-end data protection for the USSF and that it will use its blockchain-based Xage Security Fabric solution.
According to the company, Xage Security Fabric can secure all systems and removes single points of entry so hackers can’t wipe information. USSF can verify who accesses systems, ensures satellites remain online, even if ground equipment goes offline, and protect data until fully transferred to operational units. Xage Security won an earlier U.S. Air Force contract in December 2019.
Kraken Financial is the first company in Wyoming or elsewhere in the U.S. to receive a charter to operate a special purpose depository institution. Kraken Financial, with its new headquarters in Cheyenne, plans to provide clients with “an online and mobile-first banking model.”
With the charter approval, Gov. Mark Gordon said that Wyoming “is taking its rightful place globally as a FinTech leader.”
India’s crypto trade is bouncing back after the Supreme Court of India lifted banking restrictions for exchanges in March. The crypto market there had slowed…
The Gibraltar regulator has updated the Jurisdiction’s distributed ledger technology regulation. Gibraltar’s DLT legislation was introduced in January 2018 as a regulatory framework for businesses…
Perth Mint bullion sales in August declined for silver products. On the other hand, they reached a four-month high for gold products. The Mint’s sales…
The Financial Action Task Force (FATF) detailed in a new report how illicit activity in cryptocurrencies could be identified, including an overview of exchanges in…
Brian Armstrong, co-founder and CEO of leading crypto exchange Coinbase, lambasted Apple Inc over the weekend, claiming the tech giant was undermining people’s ability to…
The U.S. Internal Revenue Service (IRS) offered grants of up to $625,000 to tech companies who develop ways to aid the tax agency in tracing…
The world order is evolving, with countries such as China now provide international services, including development assistance and investment. New regional organizations, such as the…
Ukraine President nominated Kyrylo Sheychenko, who is head of the state-run Ukrgasbank, as new governor of the central bank two weeks after his predecessor left…
Facebook, World Bank, and the OECD surveyed 30,000 SMBs in 50 countries. They found that 26% closed between January and May. 74% of those businesses…
Throughout his whole life, Ed Bugos, Senior Investment Analyst and Financial Editor at The Dollar Vigilante, always thought that the common cold would wipe humans…
Although public debt has swelled to the highest in history, the International Monetary Fund (IMF) warned Friday that cutting stimulus could undermine the recovery and…
The worst global economic crisis since World War II might push up to 100 million people into poverty, warns the World Bank. The international financial…
Leading international organizations on nutrition, including Action Against Hunger, Concern Worldwide, the Eleanor Crook Foundation, the International Rescue Committee, and World Vision, wrote a letter…