Posts Tagged ‘bitcoin’

Weekly Recap (7/30/18 – 8/5/18)

Starbucks’ New Crypto Venture Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange is pairing up with Starbucks and Microsoft to launch a new integrated platform called Bakkt. Bakkt is a bitcoin payment provider that will use Microsoft’s Azure cloud service to promote a open regulated platform for the exchange of digital…

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Weekly Recap (7/23/18 – 7/29/18)

Google’s Play Store Crackdown (Xanjero Media, 2018) Google is not playing around with cryptocurrencies. Two months after deciding to remove browser extensions that facilitated mining, the tech giant has decided to remove crypto mining on all fronts. Mirroring their competitor Apple who banned crypto mining apps in May of this year, Google Play updated their user…

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Weekly Recap (7/16/18 – 7/22/18)

Binance Users Reach Out to Japan Binance CEO Changpeng Zhao has called on the crypto community to “help our friends in need.” The CEO is talking about crypto donations for disaster relief in Western Japan. The island country has been hit with torrential rainfall causing dangerous flooding and mudslides on the island’s western side. With death…

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Weekly Recap (7/2/18 – 7/8/18)

Australia Goes Blockchain IBM made headlines last week when they signed a five year $740 million contract with the Australian government. IBM will provide blockchain services to federal departments as well as secure networks for citizens. According to the head of Asia Pacific at IBM, Heather Green, the updated technology will allow Australia to take a…

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Weekly Recap (6/25/18 – 7/1/18)

Facebook’s “Updating” Their Status The popular social media platform Facebook has announced they will be lifting their current ban on cryptocurrency advertisements. The company banned cryptocurrency related ads this past January under pressure, releasing a public statement that they wanted to prevent  “financial products and services frequently associated with misleading or deceptive promotional practices” (Facebook, Inc.,…

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Weekly Recap (6/18/18 – 6/24/18)

Japan’s Business Improvement Orders Japan’s Financial Services Agency (FSA) is grabbing the bull by the horns, and enforcing new security procedures on six of the country’s major cryptocurrency exchanges. The list of exchanges that FSA is asking to comply are: QUOINE, Bitbank, BTCBOX, BITPoint, Japan Tech Bureau and Bitflyer. This increase in security measures follows the…

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Weekly Recap (6/11/18 – 6/17/18)

Bitcoin and Ether: Security or Commodity The U.S. Securities Exchange Commission (SEC) has announced their official position in regards to cryptocurrency and its status as a security. Commission Director of Corporate Finance William Hinman addressed the subject on June 14th at the All Market Summit: Crypto in San Francisco. Hinman stated that the commission would…

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Bitcoin Forks, Visualizing the Idea of Consensus

Non-consensus Fork consensus rules on the network are not changed post-fork. 1) Software Fork  A software fork is essentially creating a variation (i.e. fork) in software, as commonly seen in projects on Github. A software fork usually takes place when different developers decide to pursue different goals with the project. A good example would be…

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Weekly Recap (5/21/18 – 5/27/18)

In this fast developing cryptocurrency era, we are extremely fortunate to be given a vast amount of information to go through on a daily basis. With thousands of projects in existence and an overload of information being put out, it can be quite overwhelming for the average consumers to break down and digest every bit…

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Weekly Recep (5/14/18 – 5/21/18)

Sentiment Many people had high expectations for how the market would react to this past week’s eventful schedule. With talks rumoring amongst several “Cryptocurrency experts” that following the Consensus event we’d see huge spikes of price growth across the board during, and following the event. The annual crypto “convention” while informative, ended up delivering no…

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