Bitcoin may grab most of the headlines, but it’s far from the only cryptocurrency or cryptoasset. These others may even be more useful in the long run.
Continue reading… “5 cryptocurrencies you should know about besides bitcoin”
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Dubai will issue first ever cryptocurrency
The local government in Dubai has officially launched its own cryptocurrency called emCash, according to announcements by local news media outlets. The cryptocurrency would be used for payment of governmental and nongovernmental services.
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Wall Street firms to move trillions to blockchains in 2018
When blockchains first appeared nearly a decade ago as the technical backbone of Bitcoin, the world’s leading cryptocurrency, they seemed to offer the masses a way to cut out the financial middleman. But now the big banks and other industry players are finding ways to spin the new tool to their advantage.
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This European country may hold an ICO and issue its own cryptocurrency
We’ve officially hit peak ICO. Estonia, a small country in Northern Europe, just floated the idea of potentially raising money by issuing a token called “estcoins“.
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How blockchain technology is taking the gambling industry to next level
Blockchain technology has been slowly creeping into our lives, and today its presence can be felt like never before, with Google search trends showing new records and the collective cryptocurrency market cap being at its highest.
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Six banking giants just decided to partner to create a new crypto currency
Financial institutions have been taking a good hard look at blockchain, and now, six of the world’s biggest banks have decided the best way to take advantage of the decentralized, distributed digital ledger technology is by partnering on their own cryptocurrency.
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Co-founder Vitalik Buterin believes Ethereum can be bigger than Visa
Ethereum co-founder Vitalik Buterin believes the blockchain-based platform has the potential to rival financial institutions like Visa in scale. Before it can, however, it needs to increase the speed with which it can process transactions.
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The Pirate Bay is secretly running a Bitcoin miner in the background, increasing your CPU usage
When it comes to the Pirate Bay, it’s usually movie studios, music producers and software creators that get annoyed with the site — you know, copyright and all that. But in an interesting twist it is now users who find themselves irked by — and disappointed in — the most famous torrent site in the world.
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These “Digital plants” are the first blockchain-based artificial life form
Plantoids attract humans with their strange, beautiful designs, convince them to donate money in the form of Bitcoin, then “procreate” by commissioning artists to create a new iteration using those funds — and the whole process is automated.
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The promise of managing identity on the blockchain
Blockchain, the secure distributed ledger technology first created to track bitcoin ownership, has taken on a number of new roles in recent years tracking anything of value from diamonds to real estate deeds to contracts. The blockchain offers the promise of a trusted record that can reduce fraud. Some industry experts say that over the coming years, it could be used to control identity information in a more secure fashion.
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Why is the Kremlin suddenly obsessed with crypto currency
In early June, Russian President Vladimir Putin attended the annual St. Petersburg International Economic Forum. The headline moment at the event was a wide-ranging and at times combative interview with Megyn Kelly. But Putin quietly made news in another way—he signaled an official volte-face on the issue of cryptocurrencies, digital financial instruments such as bitcoin.
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China has banned ICOs
It is looking like a new era is coming for ICOs, at least those in China for now. In the U.S., the SEC has issued official warnings around the risks of ICOs, also known as token sales, but the Chinese government looks set to beat it to implementing regulation around the rapidly growing fundraising option.
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