Italy and Crypto: Naples Mayor Talks About City’s Focus Group to Promote Blockchain and Possible Municipal ICO

By | June 16, 2018

Italy and Crypto: Naples Mayor Talks About City’s Focus Group to Promote Blockchain and Possible Municipal ICO A working group devoted to blockchain on the initiative of institutions, hundreds of volunteers from all over the world, a big and efficient plan for the future – it’s happening in Naples, the capital of the Italian region of Campania in… Read More »

Bill Calling For Study Of Cryptocurrency Use In Sex Trafficking Could Do More Harm Than Good

By | June 16, 2018

Bill Calling For Study Of Cryptocurrency Use In Sex Trafficking Could Do More Harm Than Good On June 12, US legislators introduced the FIND bill, which proposes a study on how virtual currencies are being used to buy, sell, and facilitate sex and drug trafficking. If it passes, let’s hope the study is carried out with more nuance… Read More »

EOS Mainnet Experiences ‘Freeze’ Two Days After Launch

By | June 16, 2018

EOS Mainnet Experiences ‘Freeze’ Two Days After Launch Less than 48 hours after going live, the EOS Mainnet has “paused,” according to multiple reports on Twitter and a Steemit post by the top 21 EOS block producers (BPs), June 16. While the BPs and “many standby nodes” scramble “to identify and fix the issue,” transactions appear to be… Read More »

UK Company Launches Crypto Mining Electric Bicycle

By | June 16, 2018

UK Company Launches Crypto Mining Electric Bicycle 50cycles, a specialist electric bicycle manufacturer, has revealed what it has described as the world’s first range of cryptocurrency mining e-bikes. Toba, the new series of crypto mining bikes, are estimated to generate approximately £20 (approximately $26.5 USD) worth of ‘Loyalcoin’ per 1,000 miles ridden. UK Company Reveals Cryptocurrency Mining E-Bike… Read More »

Bank of International Settlements to Publish New Crypto Research

By | June 15, 2018

Bank of International Settlements to Publish New Crypto Research The Bank of International Settlements (BIS) is dedicating two chapters of its forthcoming annual economic report to cryptocurrencies. BIS – considered to be the central bank’s central bank – will publish those two chapters this weekend on June 17, the institution announced this week. The full report will be… Read More »

Italian Authorities Seize Bitcoin From BitGrail Wallets Following Court Order

By | June 15, 2018

Italian Authorities Seize Bitcoin From BitGrail Wallets Following Court Order Italian cryptocurrency exchange BitGrail has announced that bitcoins (BTC) stored in the firm’s wallets have been seized by Italian authorities, according to official announcement published June 15. The statement says that authorities removed the funds from the exchange’s wallets following a court order by the Tribunal of Florence… Read More »

Ethereum to Combine Casper and Sharding Upgrades

By | June 15, 2018

Ethereum to Combine Casper and Sharding Upgrades Ethereum (ETH) developers have recently discussed the most significant upcoming updates to the ETH network at Ethereum Core Devs Meeting #40 that took place Friday, June 15. https://twitter.com/ethereum/status/1007622548211884032 The key point of the recent meeting is rescheduling the releases of two main Ethereum chain upgrades such as Casper and sharding. Casper… Read More »

Geopolitical Analyst Believes Blockchain Will Become ‘Obsolete’

By | June 15, 2018

Geopolitical Analyst Believes Blockchain Will Become ‘Obsolete’ Geopolitical analyst George Friedman says that blockchain technology will one day become “obsolete,” CNBC reported June 15. Friedman is a founder of Geopolitical Futures, an online publication dedicated to predicting the future course of international affairs, and author of “The Next 100 Years: A Forecast for the 21st Century.” He told… Read More »

Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market

By | June 15, 2018

Bitcoin Is Now Accepted at a 550-Year-Old Istanbul Market Earlier this week, a member of an online Bitcoin community revealed that a 550-year-old market in Istanbul contains merchants accepting Bitcoin. The photograph which the individual posted featured a big Bitcoin logo in a crowded part of the market that is widely acknowledged as a popular tourist destination. Positive… Read More »

Western Union CEO Airs Frustrations With Ripple

By | June 15, 2018

Western Union CEO Airs Frustrations With Ripple XRP isn’t helping Western Union cut costs. Although Ripple champions the cost-saving potential of its products, Western Union hasn’t seen the alleged benefits. In an interview with Fortune published Wednesday, Western Union CEO Hikmet Ersek discussed his company’s recent experiments with XRP, a digital currency supported by the Ripple Ledger. “We… Read More »