#adoption

Popular Trading App Robinhood Raises $363 Million in Push to Become World’s Largest Crypto-Exchange

May 12, 2018 by contributor at Altcoins, Bitcoin, Business, Finance, News

Venture capital funds may not understand blockchain technology, but fully realize the economic benefits they stand to gain once the sector earns widespread momentum. Several blockchain companies have previously raised millions of dollars in fundings via ICOs or traditional methods, and it seems like companies related to the sector are...

“eBay for CryptoKitties:” OpenSea Raises $2 Million in Funding

May 12, 2018 by Priyeshu Garg at Altcoins, Blockchain, Ethereum, Finance, News, Tech

Of all the things carried on the non-fungible token standards like ERC-721, CryptoKitties epitomizes the de facto fun use case for blockchain. As the first genuinely recreational use DApp, CryptoKitties and other items of that nature will now have a new trading place. A CryptoKitty eBay OpenSea is a new...

U.S. State of Colorado Passes Laws to Foster Blockchain Technology and Blocks Cryptocurrency Security’s Bill

May 11, 2018 by contributor at Blockchain, Business, Commentary, News, Regulation, Tech

On May 8, 2018, Colorado became the first U.S state to introduce laws on blockchain technology, mainly for protecting confidential data in state records. Filament, an enterprise that merges Internet of Things (IoT) and blockchains to authorize and sign real-time machine transactions, announced the news. Colorado Community Collaboration According to...

Australian Government Set to Ban Cash Transactions Over $10,000, an Opening for Cryptocurrencies

May 11, 2018 by Pratik Makadiya at Business, Commentary, Finance, News, Regulation

The Australian government is looking to curb money laundering practices by introducing cash payment limits. In the May 8, 2018, federal budget unveiling, authorities made clear their intentions to tackle this menace by making it illegal to carry out cash payments exceeding $10,000. The new cash limit could also encourage...

Power Ledger Blockchain to Bring Lights Back on in Puerto Rico

May 11, 2018 by Pratik Makadiya at Altcoins, Blockchain, Business, News, Tech

Hurricane Irma and Maria had caused colossal devastation. The major loss of life and property in Puerto Rico in 2017 were just the tip of the iceberg. Many traditional methods of energy, batteries, solar panels and fossil fuels have been implemented across the island to bring life back to normalcy....

San Francisco Fed: Bitcoin Futures Led to Price Decline

May 9, 2018 by Priyeshu Garg at Bitcoin, Finance, News

The San Francisco Federal Reserve released a report on May 7, 2018, as part of their Economic Letter detailing the impact that the launch of the Bitcoin futures market had on the price of bitcoin. Researchers at the SF Fed carried out a detailed study on the rise and fall...

TrafficJunky Follows Pornhub Move to Accept Privacy-Centric Cryptocurrency Verge as Payment Option

May 8, 2018 by Rahul Nambiampurath at Altcoins, Blockchain, Business, News, Tech

Online advertising platform TrafficJunky announced that it would begin accepting Verge as a payment option from May 7, 2018. The announcement comes close on the heels of a similar move by adult entertainment giant Pornhub some weeks earlier. TrafficJunky is an online advertising network that websites can utilize to gain...

Lawmaker Introduce Four Blockchain Bills To New York State Assembly

Forget Silicon Valley: New York City Is Becoming the Face of Blockchain Development

May 8, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Business, Ethereum, Finance, News, Tech

Inside buildings whose exterior walls are adorned with the ubiquitous graffiti murals urban America, a new kind of culture is emerging in Brooklyn, New York. From repurposed warehouses to other abandoned industrial buildings, crypto and blockchain entrepreneurs are setting up shop to establish their startups. As blockchain technology is beginning...

President Nicolas Maduro Set to Create Youth Bank Funded by Petro Cryptocurrency

May 8, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Finance, Mining, News, Regulation

The Petro flame seems to be burning ever brighter despite the condemnations and criticisms that the Venezuelan national cryptocurrency has faced both locally and internationally since its arrival in February 2018. On May 3, 2018, the nation’s president has revealed that Venezuela is on the verge of establishing a youth...

Washington D.C. Emerges as the “Most Crypto-Friendly” City in the US

May 6, 2018 by contributor at Altcoins, Bitcoin, Business, Commentary, News

Finally, it is safe to say that the place to be a bitcoin geek so to speak, is none other than the place which is most likely to spearhead the regulation of cryptocurrency; the US capital city of Washington D.C. According to the latest survey done by RewardExpert, to rate...

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