• How Venezuela Came to Be One of the Biggest Markets for Crypto in the World

    Venezuela has been living with hyperinflation since at least 2014. Its national currency — the Venezuelan bolívar — hit an official inflation rate of 57.3 percent in February 2014, while independent currency analysts were reporting that, by that September, the real inflation rate had already topped 100 percent. In other words, the bolívar (VEF) was […]

    Cryptocurrencies are continuing to break new grounds within traditional finances. An increasing number of major firms continue to explore digital currency investment software. E&Y’S FORAY INTO CRYPTOCURRENCIES Ernst & Young has acquired a software developed by a Silicon Valley-based startup called Elevated Consciousness in order to manage investments executed in cryptocurrencies. The software in question […]
  • 7 Celebrities Who Fell In Love With Cryptocurrency

    Cryptocurrency seems to have taken over the world in the past 18 months or so, and, unsurprisingly, a number of celebrities have jumped on the Bitcoin bandwagon too. Here are seven celebrities who are advocates of digital currency: 1. Ashton Kutcher Actor Kutcher is known for his various investments in technology firms, and this interest […]
  • Cryptocurrency “miners,” utilities look for ways to get along

    Electric producers aren’t sure whether cryptocurrency “miners” are friend or foe. The miners, who use powerful computers to generate bitcoin, ethereum and other cryptocurrencies by solving complex computational problems, are power hogs that can bring new sources of revenue for energy producers. But that revenue generally comes at a price: millions of dollars of investment […]
  • Premier League clubs trial cryptocurrency as experts predict bitcoins will replace sterling in transfer industry

    Premier League football bosses will soon be paying for the best players in bitcoins, it was claimed on Monday night, after seven top-flight clubs launched cryptocurrency trials. Tottenham Hotspur, Leicester City, Newcastle United, Southampton, Cardiff City, Brighton and Crystal Palace have agreed to set up digital wallets with an online trading platform which says it […]
  • World’s Leading Car Auctioneer to Accept Cryptocurrency Payments

    Bonhams, one of the world’s largest and most renowned luxury motor car auctioneers, is to accept cryptocurrency payments. For the first time, bidders at this year’s exclusive motor car auction event will have the option to close the sale of eye-wateringly expensive Lamborghinis, Ferraris, Bentleys and other luxury motors with six-figure price tags, using cryptocurrency. […]
  • Bank of America Files Patent for Cryptocurrency Custody System

    The Bank of America Corporation has filed with the U.S. Patent and Trademarks Office for a secure means for the storage and custody of cryptocurrencies. The filing describes a system for recording and storing data pertaining to cryptocurrency transactions designed for enterprises. Bank of America, the second largest banking institution in the United States, has […]
  • Bakkt Crypto Trading Platform, Coinbase Exchange and Institutional Investors

    How Bakkt and Coinbase Are Trying to Bring Institutional Investment to Crypto Coinbase and Bakkt are two of the most promising companies in the crypto industry as it prepares to attract institutional investors. This past week, both firms released promissory statements advertising their services to institutional investors. As pointed out by, the statements by […]
  • Gazprom and Russian Airline S7 Put Aircraft Fuelling on Blockchain in Domestic First

    Russian air carrier S7 Airlines has partnered with state-owned oil giant Gazprom Neft to use blockchain-based smart contracts for aircraft fuelling, a press release confirmed Friday, August 24. S7, which has developed several blockchain use cases in the past two years, will now use the technology to increase efficiency of fuel delivery and payment, as […]
  • Cryptocurrency and blockchain bring Asia funds to the forefront of U.S. tech

    Since early 2017, there’s been a new trend in the U.S. where a number of Asian funds have been actively involved in early-stage crypto investing. Many folks in traditional tech have not heard of them before, but these funds will only be growing more important as cryptocurrency and blockchain solidify their position in the American […]
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