Dash CEO: Financial Institutions Must Move Cautiously Despite Crypto Potential

The CEO of Dash Core Group has said that despite the potential of cryptocurrencies, larger financial institutions must move cautiously. Moving with the Times, but Caution is Still Needed For years, the crypto industry has continually worked at attracting institutional investors to the market. It hasn’t been easy though. A lack of trusted custodians, in addition to warnings from the U.S. Securities and Exchange Commission (SEC) has created a barrier to entry. However, a shift is starting to take shape. Read more …

Negligence of Major Phone Companies Is Crypto’s Biggest Threat

This interview has been edited and condensed. Michael Terpin is an American blockchain and crypto investor who has worked with over 100 projects running Initial Coin Offerings (ICOs) since entering the blockchain space in early 2013. Terpin co-founded  BitAngels in 2013 and, more recently, founded blockchain PR firm Transform Group. The investor and entrepreneur recently hit mainstream and crypto media headlines following his high profile case against U.S. telecom giant AT&T. Terpin is suing AT&T for negligence that allegedly resulted Read more …

Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. The situation mirrors the case across much of Venezuela amidst a slew of financial troubles. Reuters’ Brian Ellsworth noted the following: It turns out that Venezuela’s Petro Read more …

Dogecoin Price Leaps Over 30 Percent

Dogecoin price today had its Thank-God-Its-Friday moment after rising by more than 30 percent against the US Dollar. DOGE/USD began the day by continuing to its bull run. The pair on Thursday had jumped sharply from 0.00246-fiat to 0.00324-fiat, i.e. 31 percent amidst a strong buying spree. As the Asian trading session began today, the price was hovering inside 0.00328-0.00385 area, forming higher highs and higher lows. The uptrend matured as the European session came into play, adding another 30 Read more …

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 31

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. A new study from the initial coin offering (ICO) advisory firm Satis Group has claimed that the price of Bitcoin (BTC) could soar to $98,000 within the next five years. However, the company Read more …

Important Rules For Protecting and Storing Your Crypto Holdings

In today’s digital world, we are sitting on zettabytes of digital data generated from various online, as well as offline activities. These data volumes will only grow exponentially, as the trend shows, doubling every two years through 2020 and beyond. Much of this data is private and sensitive; therefore, it requires protection, which in our digital age implies encryption. The shift from traditional systems to digital platforms has led to a lot of new development across industries. Bitcoin is one Read more …

Navigating Cryptocurrency Exchanges: Experts Weigh In

Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies. Crypto exchanges became a necessary component of this equation, and they hold a huge influence over the crypto market worldwide. At the San Francisco-based blockchain conference Distributed 2018, Ben El-Baz, Chief Strategy Officer at XDAEX, moderated a panel of experts and entrepreneurs involved Read more …

Japanese Social Media Company LINE Launches Cryptocurrency

Japanese social media company LINE is doubling down on its bet that cryptocurrency has a bright future. The publicly-traded LINE announced on Friday that it has launched its own cryptocurrency, named “LINK,” complete with an independent blockchain designed to serve as a platform for decentralized applications (dApps). A LINE representative told CCN that the blockchain is based on a Delegated Proof-of-Stake (DPoS) consensus algorithm to facilitate speedy transactions. Further, the blockchain is already up and running. LINE said that the Read more …

Short-Term Traders Responsible for Ranging Bitcoin Price, Says Analyst

As the price of Bitcoin remains stuck between $5,500 and $8,500 for three months now, the Bitcoin trading community wonders when the spell will break and in which direction. Kevin Lu, the director of quantitative research at Element Digital Asset Management, a full-service advisor for the digital asset economy, said the Bitcoin market is in a reflexive state and its range trading is due to being dominated by short-term market participants. Boring Bitcoin Market Stuck Between Day Traders and Lack of Narrative Bitcoin Read more …

Firefox Plans to Block Crypto Mining Malware in Future Releases

Firefox, the popular Web browser, will soon begin automatically blocking crypto mining malware scripts as part of a wider performance-enhancing push. The Mozilla Foundation, the not-for-profit organization behind the open-source browser, said Thursday that it intends to block trackers and other “harmful practices” in upcoming releases. Some of these features, such as the anti-tracking function, are already available in its Firefox Nightly beta version. The goal is to prevent third-party scripts from hampering the user experience, according to Mozilla vice Read more …

A Complete A-Z of Stablecoins

Altcoins Stablecoins have proliferated this year, so much so that it’s been hard to keep track of them all. In a bid to remedy that, news.Bitcoin.com has compiled a list of all stablecoins that are currently tradable – plus several others that are on their way. This is the ultimate A-Z of stablecoins. For now, at least. Also read: An In-Depth Look at the Cryptocurrency Economy’s ‘Stablecoin’ Trend B is for Basis Basis, formerly known as Basecoin, is the hottest Read more …

Colombian President Promises to Cut Rent Taxes for Crypto Firms

Colombian President Ivan Duque has recently promised to cut taxes for cryptocurrency and blockchain startups, local newspaper El Tiempo reported Wednesday, August 29.   Duque delivered an opening message during ANDICOM, an international congress on information and communications technology (ICT) held annually in Cartagena de Indias, Colombia. A recording of his speech is now available on YouTube. President confessed that he was “obsessed” with technology, especially with robotics and artificial intelligence (AI). He further stressed that Colombia needs its own regulator Read more …