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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: commentary

2008 Financial Crisis Predictor Roubini: “Blockchain Is Nothing More than a Glorified Spreadsheet”

Category: Altcoins, Bitcoin, Blockchain, Commentary, Mining, News

2008 Financial Crisis Predictor Roubini: “Blockchain Is Nothing More than a Glorified Spreadsheet”

In what can only be called a flavored op-ed by “Dr. Doom” Nouriel Roubini, the acclaimed economist showed no mercy while criticizing not only the premier cryptocurrency Bitcoin (BTC) but also the underlying technology that virtually powers all the cryptocurrencies on the planet, blockchain technology. The op-ed published by Project Syndicate on October 15, 2018, calls the 2017 crypto bull…

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Civil ICO’s Eleventh Hour: A Gloomy Outlook Founder Reports

Category: Altcoins, Commentary, Finance, ICO News, Investment, News

Civil ICO’s Eleventh Hour: A Gloomy Outlook Founder Reports

In a Medium article published October 10, 2018, Civil Founder Matthew Iles discusses the current state of the Civil Token Sale in The Civil Token Sale’s Eleventh Hour. ICO Not Performing As Expected The Civil project looks to be the answer that journalism desperately needs in a digital age. The tokenized business model hopes to incentivize high quality and ethical…

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The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Category: Blockchain, Commentary, Finance, News, Tech

The Blockchain Industry Could Reach $7 Billion, Says Bank of America

Although the blockchain sector is still an emerging industry, the Bank of America estimated that the addressable market for blockchain will soon reach $7 billion. According to CNBC, while blockchain technology is not standard in a business-to-consumer market, it could help improve existing services in business-to-business markets such as the Software-as-a-Service (SaaS) industry, the real estate sector, the supply chain,…

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Boston Federal Executive Speaks on Limitations of Cryptocurrency and Blockchain

Category: Altcoins, Blockchain, Commentary, Finance, News, Regulation

Boston Federal Executive Speaks on Limitations of Cryptocurrency and Blockchain

Jim Cunha, the Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke about cryptocurrency and blockchain at the Forbes‘ 30 Under 30 summit in the Massachusetts capital. The summit at Boston’s City Hall Plaza began October 1, 2018, with him describing the limitations of partnerships in cryptocurrency and the implications of a blockchain-enabled…

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Sia Plays Hardball with a Hardfork

Category: Altcoins, Blockchain, Commentary, Mining, News

Sia Plays Hardball with a Hardfork

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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Burstcoin Burstcoin Developers Complete On-Chain Crypto Transaction without the Internet

Category: Altcoins, Blockchain, News, Press Releases

Burstcoin Burstcoin Developers Complete On-Chain Crypto Transaction without the Internet

Burstcoin developer Daniel Jones announced that he managed to complete a blockchain transaction without access to electricity or the internet. The claim first came through his Twitter account, @nixops, on September 15, 2018, where he wrote, “It is with great honor I present to you the first $burst radio transaction. Solar powered, mesh net, and on chain.” Proof of Life…

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Aversion to Change Cited for Crypto Resistance Says Ethereum’s Lubin

Category: Altcoins, Bitcoin, Blockchain, Commentary, Ethereum, News, Tech

Aversion to Change Cited for Crypto Resistance Says Ethereum’s Lubin

As the cryptocurrency sector continues to grow, it is becoming increasingly difficult to discount the industry, as was the practice in the early days of Bitcoin. As people continue to use cryptocurrencies and its market value has risen over the years, many who were against the use and proliferation of decentralized digital currencies have begun to change their stance. However,…

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Is the Crypto Ad Ban Saga Finally Coming to an End?

Category: Altcoins, Blockchain, Business, News, Platform

Is the Crypto Ad Ban Saga Finally Coming to an End?

Google has published an update to its financial products and services policy. The update, among other things, touches on the cryptocurrency ban the media giant had put into effect at the start of 2018. The ad policy update is set to go in effect in October and will allow eligible cryptocurrency trading platforms to advertise their products and services in…

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The Federationist, Communalist, and Post-Capitalist Ideologies of Bitcoin and Blockchain Technology

Category: Bitcoin, Blockchain, Cryptocyclopedia, Tech

The Federationist, Communalist, and Post-Capitalist Ideologies of Bitcoin and Blockchain Technology

While blockchain technology is a technological invention rooted in complex scientific and mathematical foundations, the innovation is also the embodiment of particular ideologies. These ideologies are as varied as the users of the technology. Brett Scott, the author of the acclaimed book, “Heretic’s Guide to Global Finance: Hacking the Future of Money,” shared his thoughts on the various ideologies that…

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Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

Category: Altcoins, Bitcoin, Blockchain, Finance, News, Regulation

Crypto Leaders to U.S. Congress: Hurry up With Regulation or We Might Just Leave

Around 80 business leaders representing the cryptocurrency industry and Wall Street met with U.S. lawmakers on Sep 25, 2018, to pass on an important message: Make way for regulatory clarity on crypto and ICOs without further delay or watch innovation ditching the U.S for a more business-friendly country. Hurry up with Regulations, Please The group demanding swift and effective crypto…

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