22-01-2017
07:31 pm
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Category: News

Blockchain Gets a Special Place in the Fintech Prediction for 2017 No Comments

The Fintech industry is currently in its prime. The increasing usage of cryptocurrency technology for financial applications has made blockchain technology synonymous with financial technology. The year 2016 signaled the rise of fintech sector, with many companies, both big and small coming up with some of the cutting-edge technology for banking and financial institutions. A leading online tech...


BTCChina CEO Recommends 2 Megabyte Block Size Increase

China Spearheads the Global Blockchain Business Council No Comments

China is the land that gave birth to the great military general and strategist, Sun Tzu. Sun Tzu is well-known for his “The Art of War,” and the Chinese seem to have adopted it quite well. Thankfully, it is not as serious as going to war with an enemy, or at least it doesn't feel that way at the moment. The Chinese representatives at the World Economic Forum Summit in Davos called for a uni...


mBTC Trading

mBTC Trading May Come To BTCC Exchange Shortly No Comments

A lot of things are changing in the world of bitcoin exchanges right now. Bobby Lee, CEO of BTCC, is contemplating a switch in trading units. To be more precise, he is asking the public's opinion on trading in mBTC units moving forward. A rather strange idea, although his reasoning for this idea is quite solid. In his opinion, smaller bitcoin units should aid with the public perception of cryptocu...


Centralized or Not, Let’s Just Ensure Bitcoin’s Survival No Comments

Bitcoin is an open source, decentralized, peer-to-peer cryptocurrency. That has been the standard definition of the popular digital currency. But many agree to disagree with it, leading to a never-ending debate on increasing centralization of Bitcoin network. There are those who believe that it is highly unlikely for the Bitcoin network to become centralized anytime soon. And then there many wh...


Gold Trump Bitcoin

Chinese Gold ETF Surges Following PBOC’s Investigation into BTC Exchanges No Comments

The recent inspection of Chinese Bitcoin exchanges by the People's Bank of China (PBOC) has got many investors moving towards the next best thing. In the past few days, the Chinese market is seeing an increase in adoption of Gold Exchange Traded Funds (Gold ETFs). Few reports suggest that the increased inflow is not only limited to the domestic market, but also across geographies. Bitcoin, the ...


RMBCoin China

PBOC Unveils Plans To Create Blockchain-based RMBCoin No Comments

Even though China is not a big fan of Bitcoin, they see the merit of digital currencies. In fact, the PBOC has been working on RMBCoin, a national digital currency project. By the look of things, RMBCoin will not allow users to control the private keys. For the time being, it remains a bit unclear if this project will come to fruition. Assuming it does, it seems unlikely this will bring any compet...


Bitcoin Wallet GMO

Internet Giant GMO To Launch Japanese Bitcoin Wallet Service No Comments

Japan continues to make significant strides in the Bitcoin department. With the trading volume on the rise recently, it becomes more important for users to have access to a proper Bitcoin wallet. GMO, one of Japan's largest internet companies, is launching their own cryptocurrency wallet service. This is a major validation of Bitcoin as a currency, and heralds bigger and better things to come for ...


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Fred Ehrsam, Cofounder of Coinbase Plans to Step Down No Comments

Fred Ehrsam, one of the founders of Coinbase, the leading Bitcoin company has decided to move on to brighter pastures. The cryptocurrency entrepreneur mentioned his intentions in a blog post three days ago. According to Fred, he will be stepping down from the current position in Coinbase by the end of January 2017. He has started the exit process by gradually shedding his responsibilities over ...


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Thriving US Cannabis Industry Faces Bitcoin Ban No Comments

Marijuana, the wonder plant as some call it is going through a liberation phase in the United States. In 37 out of 50 states have relaxed the laws regarding the sale and use of marijuana and its derivatives in the past few years. Most of these states approve of the medical use of marijuana while a handful also makes an exception for recreational use. But these relaxations come with riders to make ...


Imperial College London and Blockchain Starts Digital Asset Research Lab No Comments

The blockchain is slated to be the future of technology, irrespective of the industry segment. As more industries continue to explore the distributed ledger technology for their operations, the educational institutions are also preparing themselves for the said technological shift. The renowned Imperial College London has taken a step in that direction by starting the Digital Asset Research Lab....


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