Ever since Facebook announced its crypto-asset dubbed Libra, the entire market, especially Bitcoin, has come under fire by regulators and their fears over the asset class’s use in criminal activities. However, one former United States Department of Justice prosecutor turned crypto venture capitalist, says that while Bitcoin is regularly used for illegal activities, it’s not…
Bitcoin is a revolutionary new technology that has taken the world by storm, and could not only disrupt modern financial systems, but it could also go on to replace all fiat currencies and become the sole digital currency used across the globe. With so much potential, even experts have joined in on speculating over the…
Subscription-based bitcoin mining firm Argo Blockchain has registered a profitable third quarter even though the asset it deals in witnessed a sharp drop in value. The UK-based company, whose stocks are listed on the London Stock Exchange (LSE), confirmed its revenues rose to £3.6 million (~$4.42 million) in the three months ending on September 30.…
NASA (National Aeronautics and Space Administration) appears to be on the hunt for a data scientist who, amongst other qualities, has experience with cryptocurrency and blockchain technology. The agency posted an advertisement for the role to LinkedIn earlier today. The chosen data scientist will be working with NASA’s Jet Propulsion Laboratory in Pasadena, California. It…
Among the many reasons that make Bitcoin unique, is that it’s designed to be a global currency accessed by anyone, anywhere, without restriction. Because of this, the first-ever crypto asset is used across the world in different capacities, affected by culture, economic conditions, regulation, and more. A new study reveals how Bitcoin nodes are distributed…
As a deluge of regulatory measures looms on the horizon of the nascent crypto markets, many analysts and investors alike have been quick to plead with regulators to not regulate the markets with the stroke of a broad brush, and to rather take a case-by-case approach. Now, one pro-crypto SEC Commissioner is echoing these requests,…
According to a search warrant issued by the US Federal Bureau of Investigation, Long Island Iced Tea, the company that famously rebranded to Long Blockchain during the height of the 2017 crypto bull market, is suspected of being an elaborate pump and dump scheme. Behind it are thought to be two individuals already under investigation…
Many of the critics of cryptocurrency asset like Bitcoin and Ethereum argue that nobody spends them as they are intended to be, and even less accept it as payment making everyday tasks like shopping or traveling extremely challenging if only using cryptocurrency as a means to pay for goods and services. However, a Gold Coast,…
International charity confederation Oxfam has teamed up with professional services company Aon and a blockchain insurance startup to provide farmers in Sri Lanka cover in the event of extreme weather conditions. The parties involved hope that the plan will improve the working conditions of the large percentage of the nation’s population working in agriculture. The…
Another week, another round of Crypto Tidbits. Wow, what a crazy week it’s been for Bitcoin (BTC). Not only was the market absolutely absurd, with BTC finding itself riding on a proverbial rollercoaster, but so was the underlying industry. Related Reading: Analyst: Bitcoin is Still in a Clear Uptrend Despite Recent Crash; is a Move…