CRYPTOMARKET
  • 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 BTCManager.com, 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 […]
  • Crypto Gold Rush Comes to a Small Town in Washington

    According to entrepreneur David Carlson, the future of money is in cryptocurrency. Although plenty of people see no value in Bitcoin or any of the other cryptocurrencies that are vying to replace traditional money, Carlson is turning the rural community of Wenatchee, Washington, a small town known for its apple orchards, into a cryptocurrency mining […]
  • New CNBC Documentary Explores the Cultism of Bitcoin

    To outsiders, Bitcoin is a weird and wacky cult. Its devotees adhere to their own acronym-filled jargon, and have monetary theories that would make an economist blanch. Some of the movement’s more maverick characters are to be profiled in a CNBC documentary premiering this Monday. “Bitcoin: Boom or Bust” looks to be crass and compelling […]
  • As Venezuela’s Economic Chaos Continues, Dash Sees An Opening

    The recent changes to Venezuela’s currency have yet to stop the nation’s economic free fall, leading many Venezuelans to resort to cryptocurrency. But not the one the government issued. On Monday, Venezuela rolled out its new currency, the sovereign bolivar, which lopped five zeros off their previous currency. This new currency has been pegged to […]
  • Iran: State-Backed Crypto Draft is Ready, Central Bank to Soon Announce Stance on Crypto

    Iran’s National Cyberspace Center has revealed that the draft of the state-backed cryptocurrency project is ready, local news outlet Financial Tribune reports August 25. According to the article, the national digital currency project was developed on instructions from President of Iran Hassan Rouhani. Saeed Mahdiyoun, the deputy director in charge of drafting regulations for Iran’s […]
  • REDDIT CO-FOUNDER IS OPTIMISTIC DESPITE BITCOIN VOLATILITY

    Despite the volatility of Bitcoin, Reddit co-founder Alex Ohanian remains an optimistic champion of crypto. Ohanian gave his insights in a recent interview. Yahoo Finance contributor JP Mangalindan gained exclusive to Reddit co-founder Alex Ohanian. Mangalindan sat down with Ohanian to discuss his fascination with cryptocurrencies like Bitcoin $6756.47 +0.15%. CRYPTO GETS AN UPVOTE Ohanian […]
  • Could Bitcoin Replace Credit Cards?

    Growing competition in the retail sector – and the possibility that the digital currency could help merchants lower transaction fees that cut into profit margins – could induce them to replace credit cards with bitcoin. “From a merchant perspective, Bitcoin has the advantage of not having large fees from credit card companies that cut into […]
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