• Six BitConnect investors, who collectively lost over $700k on the platform, are taking the company and its affiliates to court in the US. Earlier this month, BitConnect released this piece of so-called ‘System News’ on its website, outlining the fact that closing the Bitconnect lending and exchange platform. In line with the halt, the company reported that it would be moving forward with some key changes made to its platform, primarily rooted in the idea that

    Will Justice Be Served? Bitcoin Trading Platform BitConnect Sued by Six Investors Who Lost Over $700k

    | 2018/01/25 3:15 pm
  • Mark Twain said, “During the gold rush it’s a good time to be in the pick and shovel business.” Why? Because pick and shovel businesses make money even when the people who use them don’t find gold. This is a perfect metaphor for how to make money in crypto irrespective of the volatility. In this case, the pick and shovel businesses are the exchanges, wallet providers, and all the other crypto service providers. Unfortunately, most

    How to Make Money in Cryptocurrencies Irrespective of the Volatility

    | 2018/01/25 12:30 am
  • CashBet is trying to raise the profile of its ICO through a sponsorship deal with Arsenal FC. News hit press out of the UK this week that Arsenal Football Club has signed an agreement with a blockchain technology company. An Alternative Route To ICO Promotion The company in question is CashBet, which is gearing up towards an initial coin offering (ICO) that is set up to raise the funds that the company requires to develop

    Arsenal FC Just Announced A Sponsorship Deal With CashBet

    | 2018/01/24 10:30 pm
  • International ratings agency Weiss has failed to impress with its new cryptocurrency verdicts after giving Bitcoin a ‘C+.’ Weiss Goes Back To Basics In a move which was highly anticipated in financial circles, Weiss, which has offered independent ratings since 1971, appeared to offer little insight into cryptocurrencies’ value in the minds of users. Its scores are reportedly calculated using “thousands of data points on each coin’s technology, usage, and trading patterns.” For Bitcoin, Weiss

    Bitcoin Gets A C+: Weiss Cryptocurrency Ratings Fall Short Of The Mark

    | 2018/01/24 7:30 pm
  • Kodak and Long Island Iced Tea have both been criticised recently for loony pivots towards the blockchain to attract feverish cryptocurrency investors. But, can you blame them when shares for the former rose as much as 90% after announcing their new KodakCoin, and the latter share-price spiked 289% after changing their name to Long Blockchain Corporation. Consequently, a cacophony of warnings about the dangers of investing in cryptocurrencies has arisen as similarities between the dotcom

    Pivots Towards the Blockchain – Loony or Smart?

    | 2018/01/23 12:30 pm
  • Big data is big money, and corporations such as Google and Facebook have made billions out of your personal information. Medical and genetic data is worth even more, and companies may be profiting from it whenever you take a genetic test. The solution in giving people back control over their genetic and DNA data is the blockchain. According to reports, consumer genetic testing saw unprecedented public demand last year.  Companies, such as AncestryDNA, carried out

    DNA Data Marketplace on the Blockchain

    | 2018/01/23 6:30 am
  • One of Blockchain’s more bizarre fringe benefits is still seeing huge success as companies make millions just for changing their name. (Company Name) + Blockchain = Bank The latest in a string of shrewd corporate moves to profit from the craze associated with the technology, UK company Stapleton Capital announced it had renamed itself to Blockchain Worldwide – making its share price jump 160% Monday. Previously trained on acquiring UK telecoms companies, its focus will

    What’s In a Name? Lots of Cash: Companies Rebrand to ‘Blockchain’ and Profit

    | 2018/01/22 7:00 pm
  • Blockchain technology is no longer limited to innovative startups with grand intentions of changing the world. Massive multinationals are also looking to use the technology to improve their operations and boost productivity. The latest in the lineup to get on board the blockchain train is petro corporation Shell. According to industry portal OilPrice, the energy giant has bought up a minority share in Gartner-listed startup Applied Blockchain. Details of the deal have yet to be

    Oil Giant Shell Buys into Blockchain

    | 2018/01/21 6:00 am
  • Bitstamp CEO Nejc Kodrič has sought to distance his platform from Coinbase’s technical problems as exchanges worldwide feel the strain of mass adoption. Bitstamp Prioritizes ‘Good Communication’ In a message to users Thursday, Kodrič sought to reassure traders that despite “lengthy delays” and “satisfaction levels plummeting,” Bitstamp would work to resolve capacity issues. “…The best way to attend to doubts and fears is by providing good communication and constant updates, which is why I want

    Exchange Wars: Bitstamp Calms Users As Blockchain Takes On Coinbase

    | 2018/01/19 10:30 am
  • Despite yesterday’s market slide, crypto mania is still alive and kicking. More and more companies are investing in their own blockchain solutions and cryptocurrencies. It was thought that Chinese e-commerce giant Alibaba was doing so, but it now appears that such is not the case. Editor’s Note: After this article was published, new information was found that showed Alibaba is not providing mining platforms or creating their own cryptocurrency. The company issued a statement on

    Alibaba Dispels Cryptocurrency Platform Rumors [UPDATED]

    | 2018/01/18 3:30 am
  • Blockstream has implemented Lightning Network Bitcoin payments on its store as part of a continued roll-out of the revolutionary technology. Store Tests Consumer Lightning Payments In a blog post on Tuesday, developers Christian Becker and Rusty Russell introduced the Lightning Charge addition to its long-running Elements Project. This is designed in their words to “make it simple to build apps on top of Lightning.” The pair explains: Lightning Charge is a micropayment processing system written in

    Lightning Network Debuts On Blockstream Store As New Strides Announced

    | 2018/01/17 8:30 pm
  • Diamond industry giant De Beers is launching its own blockchain to digitally track diamonds and gems from when they’re first dug up. Few things capture the attention more than a glittering diamond. They say that diamonds are a girl’s best friend, but provenance has become a diamond’s best friend over the last few years. Once enough attention was brought upon the practice of buying and selling blood diamonds, gems sourced from a war zone under

    All That Glitters! De Beers Launching Blockchain to Track Diamonds and Other Gems

    | 2018/01/17 1:45 pm
  • Capital One is firing a broadside at crypto as they confirm that they will not allow customers to purchase cryptocurrency with their credit cards. Banks and cryptocurrency are natural enemies as they occupy opposing positions on the financial spectrum. Banks represent centralized economic control, where the average person is bound by a bevy of rules and regulations. Virtual currency offers a decentralized, individualistic approach to a person’s economic decision-making. Which is why it is not

    What’s in Your Wallet? If You’re Using Capital One, Then Nothing at All

    | 2018/01/16 4:45 pm
  • The freelancer market has grown into a $1.5 trillion industry, as more and more people consider self-employed opportunities. Ethearnal is looking to bring blockchain technology into this rapidly growing field. Freelancing – Changing the Way the World Works Freelancing has completely blown up in recent years, as the internet makes it easier than ever for skilled workers to be matched with clients and employers. People in the fields of graphic design, computer programming, and many

    Disrupting the Freelance Industry with Ethearnal

    | 2018/01/15 5:00 pm
  • US exchange and wallet provider Coinbase is facing fresh criticism from both users and Bitcoin industry figures over its delayed SegWit adoption. ‘You Alone Are Spamming The Network’ As the company continues to suffer technical outages due to high demand, its effect on the Bitcoin mempool has become the source of renewed calls for SegWit as a priority. “You need to batch your outgoing transactions,” Twitter user Civ Ekonom wrote in response to Coinbase’s latest

    New Data Shows Coinbase May Be Spamming the Bitcoin Network

    | 2018/01/12 7:30 am
  • Embattled photography giant Kodak has released a Bitcoin miner which has already earnt “scam” accusations from the Bitcoin industry. ‘The Dumbest Thing I’ve Seen At CES’ In an unlikely move by the company, which sought to change direction after financial problems brought it to the brink of collapse, the new Kodak ASIC KashMiner promises a $9000 dividend on a two-year contract. Along with the hardware, Kodak announced it would also launch an ICO for its

    Press The Button, Get Scammed: Kodak Bitcoin Miner Branded ‘Blatant Lie’

    | 2018/01/10 12:00 pm
  • Anonymous VPN service TorGuard has become one of the first consumer businesses to accept Lightning Network (LN) payments for Bitcoin. ‘Testnet Is So Boring’ In messages on Twitter staff since appeared to back up privately, TorGuard confirmed users can now pay for its services in Bitcoin using Lightning, significantly reducing transaction times and fees. The news makes the company a pioneer of Bitcoin mainnet LN payments after the technology debuted as a testnet interface last

    Bitcoin Fees Near-Zero as Company Launches Mainnet Lightning Payments

    | 2018/01/10 6:00 am
  • Tech giant Microsoft has resumed accepting Bitcoin as payment for media on their Windows and Xbox stores. Microsoft Resumes Accepting Bitcoin as Quickly as It Stops Microsoft will allow consumers to redeem Bitcoin to deposit funds in exchange for content once again. The restoration comes shortly after the company discreetly suspended the form of payment amid rising transaction fees and concerns over the currency’s volatility. Microsoft first began accepting Bitcoin as a form of payment

    Microsoft Restores Bitcoin Payments

    | 2018/01/10 4:00 am
  • 130-year old Eastman Kodak saw stocks jump 60% following the announcement that it is creating its own cryptocurrency, called KodakCoin. Kodak Joins the Crypto Revolution with KodakCoin Numerous companies have rushed to jump aboard the cryptocurrency and blockchain bandwagon as interest in the technologies continues to increase. Kodak Eastman Co. is the latest company to venture into this new, retail territory with the announcement of KodakCoin: a cryptocurrency intended for the needs of photographers. KodakCoin

    Kodak Stock Jumps 60% After Announcing Plans to Launch Own Cryptocurrency, KodakCoin

    | 2018/01/10 2:00 am
  • Hard disk maker Seagate’s stock has risen up to 12% after a report surfaced claiming the company may hold several billion dollars worth of Ripple’s XRP. The report has not been confirmed by either company. Seagate is best known for their hard disks, offering data storage solutions for a wide range of consumers. A new report, however, suggests the company may soon be known as an early investor in Ripple’s XRP and a pioneer in cryptocurrency.

    Seagate Stock Rises 12% After Reported Investment In Ripple

    | 2018/01/09 11:00 pm
  • The SEC has halted trading in shares of yet another publicly traded bitcoin company, Hong Kong-based UBI Blockchain Internet. Reports hit the press this week that the Securities and Exchange Commission (SEC) has halted trading of the Chinese blockchain company UBI Blockchain Internet. The agency cited potentially inaccurate information in the company’s disclosures as well as  “recent, unusual and unexplained market activity” as the factors behind its decision. Between December 11 and 18 last year, UBI’s

    The SEC Halts Trading in UBI Blockchain Internet

    | 2018/01/09 7:30 pm
  • Bitcoin community figures have championed a petition asking Coinbase to prioritize SegWit implementation which has gathered over 5,000 signatures (at press time). ‘Your Customers Want This,’ Bitcoin Tells Coinbase Online trader Vortex among others urged users to sign the Change.org petition on social media, which requests that the US exchange treat SegWit as its next project. Previously, Coinbase had announced SegWit was third in its development queue, leading to criticism that users would continue paying

    Petition to Bring SegWit to Coinbase Nears 5000 Signatures

    | 2018/01/08 3:00 pm
  • Limited supply, cheaper if you buy earlier, price will increase with each round. Is this an ICO? No, it’s Bitcoin Pens! Luxury Pens meets Cryptocurrency When it comes to fountain pens, Ancora is the definition of beauty. This Italian company was founded in the early half of the last century after the founder, Giuseppe Zanini, opened his first ever factory. The firm has always favored craftsmanship over mass production, and to this day produce some

    Limited Edition Bitcoin Pens: A New Type of IPO (Initial Pen Offering)

    | 2018/01/08 5:00 am