The regulatory clampdown on cryptocurrency exchanges in China has been noted as a key factor in the sensational growth of Binance in 2018. Launched in the middle of 2017, the rate of growth that Binance has experienced, both in terms of trading volume and capitalization has attracted a lot of attention within the cryptocurrency environment. In just a few months, the exchange grew from just a...
Having earned the reputation of “Blockchain Island”, Malta is taking steps to preserve the industry by investing heavily in supervisory technology in order to protect the blockchain industry. Such investments according to authorities are aimed at ensuring that the inherent risks associated with virtual currencies are kept at a minimal level in Malta. There Is Work To Do Having shown a friendly...
The chairman of the Distributed Ledgers and Artificial Intelligence taskforce, Bitange Ndemo has advised the Kenyan government to tokenize its economy in order to deal with the increasing issues of corruption and uncertainty. Ndemo made known his opinion during a meeting between the Kenyan ICT ministry stakeholders and members of the private sector. He noted that the East African country needs a...
Bitcoin bull and former J.P. Morgan Chief Equity Strategist, Tom Lee has predicted that the world’s second-largest digital asset, Ether (ETH) is poised for a major rally in the immediate future. As reported on CNBC, Lee identified an impending major trend reversal, having seen the altcoin underperform other cryptocurrencies by two standard deviations in all of the last four market segments. How...
German blockchain banking service Bitwala is set to launch the first-ever platform that will enable the management of both euro deposits and bitcoin funds within the same bank account. This system is planned to kick off by November with an estimated 30,000 customers who have already signed up for the service. The biggest initial investor for the service is Earlybird Venture Capital, who is...
Canada has set the pace as the first government to ever approve an exclusive bitcoin mutual fund. This builds upon its reputation as a friendly environment for emerging technologies. The atmosphere in Canada seems to be freer and more conducive to innovation in this field, based on the numerous developments that the industry has experienced even prior to this time. This is in comparison to its...
DarkWallet developer and 3D-printed gun proponent Cody Wilson, who was arrested over the weekend in Taiwan and subsequently returned to the U.S., has been released on bond, local media outlets have reported. The arrest of Wilson was covered on CCN in an earlier article where he was reported to have allegedly sexually assaulted a 16-year-old girl he met on a “sugar daddy” website. According to a...
Cryptocurrency web wallet provider Blockchain has filed a complaint in a U.S. federal court alleging attempted deception by a copycat website. In a blogpost, Blockchain -- whose website is hosted at blockchain.com -- identifies the platform, blockchain.io, as a deliberate impostor that is attempting to rebrand itself in order to continue in its usual insincere practices from years back...