About author: Eric Czuleger

The Bank for International Settlements (BIS) recently released their report about the effect of regulation on the cryptocurrency market capitalization. This report reveals that in spite of their borderless nature, regulatory activities and the media cycles from which they spawn have a massive impact on cryptocurrency markets, both in the positive and the negative. Grounds for Regulation Since cryptocurrencies have…

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On October 1, 2018, Sia Tech, took the controversial step of resetting the Sia Proof-of-Work (PoW) function to brick the Bitmain and Innosilicon hardware which came online to mine the native cryptocurrency of Sia. This means gains for Obelisk miners and great divisions for the Sia community. Fighting with Forks This controversial decision came after significant challenges when approaching the…

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On September 28, 2018, Brendan Eich, CEO of Brave, and co-founder of Mozilla Firefox wrote to the US Senate Committee on Commerce, Science, and Transportation to encourage the adoption of a General Data Protection Regulation. In the letter, Eich compels the US Senate to consider a European style model which allows for greater protection of the data of private citizens….

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The Dairy Farmers of America (DFA) is beginning to explore the utility of blockchain technology for its supply chain management, reported The Fence Post on September 26, 2019.  Blockchain Systems in Food Supply Chains Blockchain technology has proven itself to be an impactful technology in areas with great logistical needs. This has extended to global shipping and financial services as…

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On September 26, 2018, Wanchain announced integration with the Binance Trust Wallet for all of its users. At the moment, Wanchain clients enjoy a robust set of tools for managing their cryptocurrencies. Building a Better integration Wanchain and Wan Wallet made waves owing to its ability to navigate interoperably with the Ethereum blockchain. Bringing the Trust Wallet into the Wanchain…

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The bitcoin blockchain is now being used to send money to almost a million customers through the Japanese transfer bank SBI Remit and BitPesa. BitPesa’s African Push The protocol was generated to become a quicker, more trustworthy way to finance Africa’s often undercapitalized markets. The treasury management services are being dealt with by BitPesa, which is a venture-backed firm that…

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Tyler and Cameron Winklevoss are considering moving their New York-based cryptocurrency exchange Gemini to the U.K, reported Forbes on September 24, 2018.  Winklevoss Crypto Push While Bitcoin and the outlying constellation of cryptocurrencies have experienced a turbulent 2018, the Winklevoss twins, of Facebook fame, are maintaining a positive outlook on the future of cryptocurrencies. Their belief in crypto led them to…

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South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was to assist blockchain startups with current challenges and help drive growth to domestic blockchain industry. Government to Actively Back Domestic…

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On September 6, 2018, Cointopia announced that it has achieved funding of $3 million. Furthermore, it is launching a marketplace aimed at bringing together blockchain businesses and services. For blockchain startups or large companies looking to invest in the emerging technology, the Cointopia is attempting to establish a one-stop-shop for the advancing sector. Building a Better Marketplace Cointopia is hoping…

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On September 7, 2018, a “Bitcoin Castle” was engulfed in a blaze. Bright orange flames shot out of the roof of the 600-year-old Grand Manor Malla silhouetted against the twilight of the Estonian sky. Sirens from fire trucks and ambulances rang in the background, but when all was said and done, the manor was no more. A Space for the…

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