Russia and China see a new way to completely control their financial systems.
Continue reading… “Authoritarian cryptocurrencies are coming”
This AI blockchain could be the most disruptive tech of the year
Blockchain technology is being used to distribute the financial market, rather than keep it in the control of a few major companies. Now, a startup wants to do the same for artificial intelligence.
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IMF head forsees the end of banking and the triumph of cryptocurrency
In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies.
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Would Amazon accepting bitcoin lead to the breakthrough of cryptocurrency
Unverified rumors that Amazon (AMZN) will start accepting Bitcoin (COIN) (OTCQX:GBTC) have been shaking cryptocurrency communities lately. Though these rumors might prove to be untrue in the end, facts are that there seems to exist lots of demand for this new way of payment. There even was an online petition to convince Jeff Bezos to adopt Bitcoin as an accepted way of payment at Amazon.
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5 cryptocurrencies you should know about besides bitcoin
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.
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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.
