Bitcoin has had a rough week, down around 9 percent and trading below $6,700. Ross Ulbricht, the founder of Silk Road, believes we’re in a bear market that could even take the price under $3,200. Ulbricht is serving two life sentences for money laundering, computer hacking, and conspiracy to traffic narcotics. Mike Novogratz disagrees. Read more…
Billionaire investor and blockchain proponent Mark Cuban has been appointed as an advisor to President Trump. The US President announced on Tuesday that he will consult with over 50 prominent executives and leaders, who will form an advisory panel to battle the coronavirus pandemic. Notably, the panel, dubbed the Great Read more…
In its push for fast development and utilization of blockchain, China has formed a national committee tasked with creating standards for this technology, the members of which include a number of tech giants. China seems to be serious about its blockchain plans. As the country’s next step in the process, Read more…
Huobi Group is launching an on-chain analytics tool for the monitoring of illicit cryptocurrency transactions. Huobi’s Star Atlas tool provides a method for tracking on-chain asset flows in real-time. With the launch, Huobi becomes the latest entrant in a market that has primarily catered to governments, law enforcement and financial Read more…
North Korea has been utilizing a Hong Kong-based blockchain firm to launder cash, in accordance to a quarterly report from the UN Safety Council’s Sanctions Committee on North Korea. As reported by South Korean newspaper Chosun, North Korea employed a delivery and logistics agency known as Marine China, which runs on Read more…
Blockchain has emerged as growing technology in the gambling industry. Presently, a large number of industries ranging from finance, retail, and academics, among others, are seeking the several advantages that blockchain technology may introduce for their improvement. Now, with the arrival of the Internet, enjoying the various Bitcoin games has Read more…
The BMW Group has increased its capacities for utilizing blockchain technology to provide its staff with the tools they need to create high-quality vehicles. According to the press release, BMW has faced great difficulty when tracking specific parts that need to be changed or simply weren’t of sufficient quality. Finding the Read more…
cUSD is your digital money so people can live better lives. Almost fee free transactions, a decentralized network that is peer to peer. cUSD Currency is for everyone! cUSD Currency is a cryptocurrency, built on a blockchain designed with security in mind. Delivering world-class security. Whatever you can do with Read more…
Accenture managing director David Treat said that implementing a digital dollar can’t be achieved in a few weeks. One of the directors of the Digital Dollar Project, a non-profit that promotes the implementation of a central bank issued, blockchain-based US dollar, said that a digital dollar isn’t a quick fix to Read more…
Mining news Hardware maker Bitmain says that newer mining rigs could be used for longer than previous devices due to a forthcoming market turnaround. Per media outlet 8btc, Bitmain chief Jihan Wu stated that bitcoin was about to enter “a slow-coming and long” bull market phase, meaning that “next-generation mining machines could serve Read more…