EU Increasing Penalties Cryptocurrncies

The EU is Increasing Penalties for Cryptocurrency Crimes

The EU is trying to take an active stance against cyber crime that is monetised via cryptocurrencies. In a press release yesterday, the European Commission gave an overview of their intention to introduce new laws that would be focused on...

/ September 21, 2017
Buying Property with Bitcoin

Buying Property and Paying Rent in Bitcoin: Signs of Mass Adoption

As Bitcoin and other cryptocurrencies surge in popularity, it is inevitable that they are going to permeate ever deeper into our everyday lives. In the beginning, Bitcoin was most closely associated with the dark web and many have dismissed it...

/ September 20, 2017
China Won't Ban Bitcoin Mining

China Won’t Ban Mining According to John McAfee

There has been a lot of news out of China lately that seemed to go from bad to worse. First there was the clamp down on Initial Coin Offerings (ICOs) in the country. Then, the authorities moved onto the exchanges...

/ September 20, 2017
Can Blockchain Simplify Share Ownership?

Can Blockchain Simplify Share Ownership?

Rights to ownership are important documents for nearly every asset. When you purchase a house, the deeds are in your name. When you buy a car you get the licence and ownership record is set in your name. With shares,...

/ September 20, 2017
Celebrities Get in on the ICO Fever

Celebrities Get in on the ICO Fever

There’s an unmistakable buzz around Initial Coin Offerings (ICOs) at present that is proving hard to ignore. For many, they represent an exciting new financial frontier with high rewards available to those willing to brave the risks. Now, some of...

/ September 19, 2017
Ethereum is Testing Hard Fork in TestNet

Ethereum is Testing Hard Fork in TestNet

One of the first stages of the Ethereum Metropolis upgrade (Byzantium) is now being tested on Ropsten, the Ethereum testing environment. We previously covered the Byzantium upgrade in an update on the Metropolis hard fork a few days ago. The...

/ September 19, 2017
Jamie Dimon Disses Bitcoin

Why JP Morgan Boss’ Views on Bitcoin Don’t Add Up

Jamie Dimon, CEO of investment bank JP Morgan, seemed to be enjoying himself when he addressed the Delivering Alpha conference in New York last week. He had Bitcoin in his sights and it would seem that he isn’t the cryptocurrency’s...

/ September 19, 2017
How Blockchain can fight Blood Diamonds

How Blockchain is being used to combat Blood Diamonds

The global diamond trade is a multi-billion dollar business. However, this industry is also notorious for its conflict diamonds or “blood diamonds”. The metaphor of blood diamonds paints a vivid picture of the consequences to illegal trade. Blood diamonds have...

/ September 19, 2017
Australian Double Taxation Bitcoin

Australian Parliament Introduces Double Taxation Relief Bill

The Australian government has just introduced a bill that wants to eliminate the burden of double taxation on cryptocurrencies. This is a step in the right direction and shows that the country is forward looking when it comes to digital...

/ September 18, 2017
Why So Much Bitcoin Mining Concentrated in China

Why so much Bitcoin Mining is Concentrated in China

It is no secret that China is in by far the most dominant position when it comes to Bitcoin mining. Currently, China accounts for about 71% of the mining hash power in the world. This comes down to simple economics...

/ September 18, 2017