Bitcoin

Bitcoin is ‘Number One’ for Institutional Investors, Claims Element Group

While everyone currently in the cryptocurrency space eagerly awaits the supposedly inevitable flood of institutional money, questions have been asked as to where said funds will go. Element Group’s Thejas Nalval claims Bitcoin is “number one on that list.” The cryptocurrency market is currently supersaturated with failed and soon-to-be-failed projects. Nevertheless, the cream rises to the top […]

Bitcoin

‘Miners Are Miners Again’: Bitcoin Core Dev Launches Alternative Mining Protocol

Bitcoin core developer Matt Corallo has launched a mining pool which aims to increase decentralization as Bitcoin mining becomes increasingly monopolized. Corallo: Miners ‘Have No Control’ Beginning June 25 but still with what Corallo describes as “vulnerabilities,” the pool uses BetterHash, a protocol which seeks to offer mining pool users the option to use their […]

Blockchain

Major European Banks Successfully Test Cross-Border Trades on IBM Blockchain Platform

IBM blockchain platform: We.trade, a European blockchain trading platform, has just announced that it has completed its first live operations. The platform was established by the major European banks Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Societe Gererale, and UniCredit. This consortium was put together to address the current issues many banks face with cross-border transactions. […]

Mining

Bitmain Is Now One of the 21 Entities Processing EOS Transactions

Advertisement Controversial cryptocurrency company Bitmain has become one of the 21 entities processing transactions on the nascent EOS network. The China-based firm, best known for producing cryptocurrency mining hardware and supporting a big-block approach to Bitcoin scaling, on Tuesday received a sufficient number of votes to become an active EOS block producer, which allows it […]

Crypto News

US, UK Lead 5-Nation Alliance to Combat Cryptocurrency Tax Crimes

Advertisement The tax authorities of the United States and the United Kingdom have signed on to lead an international alliance designed to combat transnational financial crimes, including those involving cryptocurrency. J5 Aims to Combat Cryptocurrency Financial Crimes Announced on Tuesday, the five-member Joint Chiefs of Global Tax Enforcement (J5) is a partnership between the Australian […]