The global cryptocurrency community was panic stricken for the most part of the past week. A depression that has been nicknamed by Cointelegraph as the "crypto massacre" saw almost every virtual currency bleeding profusely. It was a doomsday of sorts, and many attributed the gloom to a couple of...
The United Nations World Food Programme uses the Ethereum Blockchain to transfer vouchers based on cryptocurrencies to refugees in Syria. The platform was able to transfer cryptocurrency vouchers to a total of 10,000 people. It was done through another platform that was created by Parity Technologies. Parity Technologies is...
There are many issues that plague events especially when events involve tickets and passes. One of the common issues with tickets is when scalpers, hoarders and touts are present. Common issues With the issues mentioned, the event ticketing market cannot hold off the purchasing of tickets, which often results in...
In an age where ICOs are the rage and everybody with an idea is rushing to the market to sell tokens and raise money, have you wondered why OpenBazaar doesn’t have a token yet? ICO mania A recent phenomenon has been the rise of initial coin offerings (ICOs) to fund...
Cryptocurrencies, having already made a strong presence years back since its inception, have been making rounds in the news over the past few weeks. While online payment options such as PayPal and other online facilities have been the ones spearheading the payment transfer field, Bitcoin has also made its...
The uses of Blockchain technology continue to proliferate. A new application for Blockchain named Catena is being implemented for SQL developers and users. Italian for “chain,” Catena is a database created on a Blockchain and is accessible using SQL. Catena timestamps database transactions (SQL) in a decentralized way between...
After a flurry of complaints regarding the freezing of a Coinbase account used for the legal defense of Silk Road creator Ross Ulbricht, Coinbase has unfrozen the account, according to sources on Twitter. The account, reportedly having received a payment of 16.5 BTC ($40,200), was surreptitiously frozen by the...
$82 bln banking giant Morgan Stanley and leading financial institution Bank of New York Mellon (BNY Mellon) are utilizing Blockchain technology-based platforms to maintain backup records and process transactions. Earlier this week, several publications including Business Insider obtained a note from Morgan Stanley that explained the intricacies of its...
Tech entrepreneur Mark Cuban has recently stated that Bitcoin is facing a bubble. However, Daniel M. Harrison, the CEO of DMH&CO and managing partner of Monkey Capital, reveals that such a thing is impossible due to the market-influencing capabilities of Bitcoin and Ethereum. Market bipolarity The main factor that makes...
As a group of 15 consortium members from seven European countries initiates a project to curtail criminals and attackers from using Blockchain technology, the head of Aidos coin (ADK) believes the law enforcement initiative would only target dark market operators. However, in targeting illegal market operators, the initiative...