Editorial

  • CFTC Staff is now allowed to Invest in Cryptocurrencies

    The US Commodity Futures Trading Commission (CFTC) allowed its employees to invest in cryptocurrencies, including Bitcoin. However, as trading of Bitcoin futures is under agency’s surveillance, the activity is off-limits. According to Bloomberg, citing an internal memo, employees cannot purchase cryptocurrencies on margin or use inside information towards their...
  • Bank of America Presents Cryptocurrencies as Threat to Banks

    In its annual report to SEC, Bank of America accepts that the rising cryptocurrency adoption consists of a threat to the traditional financial institutions. Due to the increasing popularity of Bitcoin and other cryptocurrencies has led BofA to accompany banks that are preventing their clients from using credit cards...
  • Chinese People’s Daily Newspapers Openly Supports Blockchain

    The People’s Daily is the official newspaper of the Chinese Communist Party. On Monday, it printed a feature with the title “Three Questions to Blockchain,” which directly supports blockchain technology. The feature discovers the real-world application of blockchain, considers its relevance to China’s growing digital economy, and points out...
  • Ethereum Based Blockchain Pilot to Smartify Cars begins Porsche

    The slogan of Porsche in its video introducing their work on blockchenifying cars in a partnership with Xain, an Ethereum based blockchain start-up that won a Porsche Innovation Contest, was “its time has come.” “The car becomes part of the blockchain, making a direct offline connection possible – that...
  • Crypto Legalization by June 2018 announced Uzbekistan

    Uzbek President Shavkat Mirziyoyev signed a decree, by which public institutions must establish all the legal conditions necessary to lawfully allow bitcoin trading and other forms of digital money to circulate in country’s economy. The coordinating tasks were delegated to the Central Bank, the Ministry of Information Technologies and...
  • Circle bought Crypto Exchange Poloniex

    After weeks of circulating rumors, yesterday, it was announced that cryptocurrency exchange Poloniex has been purchased by the Payment company Circle. Poloniex is one of the most well-established cryptocurrency exchanges, but it has been stagnating. This acquisition is hoped to revitalize its activity and boost Circle’s presence in the...
  • Reduction 25% in the Withdrawal Fee of ERC20 from Binance

    Cryptocurrency exchange Binance announced yesterday at 02:00:00 UTC that the ERC20 token withdrawal fee has been reduced by almost 25%. The announcement made the 7,000,000 Binance users happier, as ERC20 has taken the 10th position in the crypto market within 5 months. The news was announced by the CEO...
  • LitePay Launched Yesterday Boosting Litecoin’s price

    On February 26, Litecoin launched its exclusive transaction processor – LitePay. The recent breakout of Litecoin price has profoundly to do with the announcement of the launching of the new payment system, which became available in 41 countries. The payment method, first announced in December 2017, was promising to...
  • Coinbase and GDAX Introduced Full SegWit Support

    Exchange and wallet service Coinbase and its professional trading platform Global Digital Asset Exchange GDAX announced that they had applied Segregated Witness (SegWit) support for Bitcoin transactions in blog posts published on Friday, February 23. In their blog post, GDAX characterizes SegWit technology as “a critical step forward in...