Investment in Blockchain in Energy Markets Will Top $35 Billion by 2025 April 2, 2020

According to a new report released by Premium Market Insights (PMI), global investment in blockchain technology in energy markets is set to reach $34.7 billion by 2025. Valued at just $156.5 million in 2016, the sector is forecast to grow at a rate of 82% a year.  Although $35 billion seems high, it’s dwarfed by […]

New Blockchain Project Lets Users Choose Their Renewable Energy Source April 1, 2020

Australian blockchain firm Power Ledger and French green energy retailer ekWateur are betting that consumer choice can help spur the transition to sustainable energy usage. In an announcement on April 1, the two firms revealed that they will be offering almost a quarter of a million French residents the opportunity to customize their energy mix, […]

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto March 31, 2020

Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover. Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in […]

Block.one Hires Team Behind Prominent Block Producer EOS New York March 30, 2020

EOSIO developer Block.one has recruited the team behind EOS New York (NY), a high-profile Block Producer on the EOS network.  Founded in 2017, EOS NY was a one-time #1 Block Producer on EOS, but has now ceased its operations, an announcement on March 25 revealed. Speaking to Cointelegraph, EOS NY founder Kevin Rose said: “We […]

Network of Fake Bitcoin QR Code Generators Stole $45,000 in March March 29, 2020

A network of malicious QR code generators has stolen more than $40,000 from Bitcoin (BTC) users in one month. At least nine fake Bitcoin-to-QR code generators have been spotted in recent weeks, with security researcher, Harry Denley, first tweeting that he had identified two domains hosting fake QR code applications on March 22. Denley later […]

Blockchain Jobs Continue to Rise Despite Global Recession March 28, 2020

Trillions of dollars have been injected into the global markets in an attempt to revitalize the world economy. The U.S. alone recently hit its highest unemployment rate in history. The whole world seems to be falling apart except for blockchain Kraken, one of the largest cryptocurrency exchanges in the United States, is looking to increase […]

Lawsuit Accuses Ripple CEO of Touting XRP While Silently Liquidating Holdings March 27, 2020

There is new movement in a class-action lawsuit originally filed in May 2018, centered around allegations that Ripple violated the Securities Act through a 2013 initial coin offering (ICO) of the XRP token.  On March 25, an amended complaint accuses Ripple CEO Brad Garlinghouse of touting the token to prospective investors while silently liquidating his […]

Prosecutor Says Crypto Scammers Should Stay in Jail Despite COVID-19 Concerns March 26, 2020

New Jersey federal prosecutor Craig Carpenito is fighting the request of two alleged crypto scammers to be released from a county jail amid the coronavirus pandemic. According to court documents filed with the United States Department of Justice on March 24, Carpenito asserted that the recently enacted Bail Reform only preferences pretrial release of a […]

Bitcoin Price Inches Higher to $6.7K on $2 Trillion Stimulus Agreement March 25, 2020

Bitcoin (BTC) price is continuing to move higher on March 25 alongside U.S. equities markets, which yesterday saw a historic 11%+ rise on news of a potential multi-trillion-dollar economic stimulus package. This was the single biggest daily rally since 1933.  At press time, BTC price is attempting to establishing a higher foothold at $6,700 while […]

Alleged Operators of $722M Crypto Scheme Seek Jail Release Amid COVID-19 Fears March 24, 2020

Two alleged crypto Ponzi scheme operators have requested that a New Jersey federal court grant their release from jail over concerns that the facility will soon host a COVID-19 outbreak. Matthew Goettsche and Jobadiah Weeks submitted separate motions petitioning the Essex County Correctional Facility in Newark, New Jersey for their release on March 20 and […]

Is Staking the Answer to Cryptocurrency’s Mining Problems? March 23, 2020

For a tech that was supposed to be democratic and distributed in order to free financial systems from the grip of government-influenced banks and return control of the money supply to the people, cryptocurrencies have turned out to be pretty concentrated.  Some 66% of all Bitcoin (BTC) mining now takes place in China, with 54% […]

OKEx’s Lennix Lai: Passive Income in Crypto Is the New Way to Earn March 22, 2020

First, there were property rents. Then came interests. As modern civilization evolves, people always find new ways to earn money without actually producing, or even doing all that much. This concept is today known as “passive income.” Technological progress also expanded the meaning of passive income. Today, people can claim YouTube advertisement revenues, dropshipping and […]

Flying Hot Off the Shelves — Virtual Land Based on Blockchain March 21, 2020

A couple of months ago, the crypto community was surprised by the news that users of the Decentraland virtual world platform have spent $1 million on digital land. And the largest deal for the Decentraland project was a sale worth $215,000 to an unknown user. Each plot in Decentraland represents a patch of land in […]

Here's How High Bitcoin Price May Go if $6.4K Becomes New Support March 20, 2020

After rallying 21.6% to a new seven-day high at $6,375, Bitcoin (BTC) traders now seem intent on pushing the price higher to $7,200.  The digital asset has made an impressive 66% recovery since dropping to $3,775 on March 13, and the majority of altcoins are also notching double-digit gains. But how much longer can the […]

Banking Shut Down Drives Crypto Adoption Among Venezuelans March 19, 2020

Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus. On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33 cases of coronavirus confirmed so far, the administration hopes that the emergency measures will […]

PegNet Has Moved $500M Through Its Network Since Launch March 18, 2020

Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019. PegNet is a decentralized non-custodial network of tokens that are pegged to different world currencies and assets, including gold, the euro, […]

Opera Browser Enables Apple Pay and Debit Card Crypto Purchases in the US March 17, 2020

Opera’s mobile and desktop browsers are expanding cryptocurrency purchases to U.S. users, as the Norwegian company looks to continue building its Web 3.0 credentials. Through a partnership with Wyre, a U.S.-licensed money transmitter in the cryptocurrency sector, Opera will enable U.S.-based customers to buy Bitcoin (BTC) and Ether (ETH) directly from the browser’s crypto wallet. […]

Crypto Analyst Accused of Photoshopping Trade Screenshots March 16, 2020

A crypto market analyst with more than 63,000 followers has come under fire for allegedly photoshopping numerous screenshots to give the impression that his trades were more successful than they actually were.  A Twitter user going by the alias of “King” posted screenshots on March 14 which allegedly show that Jacob Canfield, the self-proclaimed “#1 […]

French Court Moves the BTC Chess Piece — How Will Regulators Respond? March 15, 2020

The Commercial Court of Nanterre’s Feb. 26 ruling that Bitcoin (BTC) is a fungible, intangible asset sent some ripples through the French crypto community, and beyond. This may seem surprising, given that this was a lower court decision and, moreover, one that did not declare BTC a currency or fiat money — as some news […]

Ripple Court Ruling May Expand Legal Action Potential Against Crypto March 14, 2020

A California court has argued that cryptocurrencies that are not securities may be subject to federal laws targeting unfair, deceptive, or abusive acts or practices (UDAAP) during a Feb. 26 hearing for a consolidated class action against Ripple Labs Inc. During the Feb. 26 hearing, the court asserted that transactions involving cryptocurrencies that are not […]

MakerDAO Community to Vote on Upgrades, Conduct Debt Auction March 13, 2020

MakerDAO, a leading firm in the burgeoning sector of decentralized finance (DeFI) built on the Ethereum (ETH) network, has hastily called for a community vote on March 13 ahead of the project’s first-ever Debt Auction.  According to Maker (MKR), the vote will decide on needed modifications that were identified during the fallout from the recent […]

LocalBitcoins Seller Charged After Undercover 'Human Trafficking' Sting March 12, 2020

A Washington state resident has been charged with money laundering after selling Bitcoin for $140,000 in cash to undercover agents. Bothell’s Kenneth Warren Rhule, 26, met with agents from Homeland Security Investigations on numerous occasions between April to December 2018, often in Seattle-area Starbucks cafes. According to the unsealed complaint Rhule — who traded on […]

Ethereum Conference Attendees Urged to Test for Coronavirus March 11, 2020

On March 11, the co-founder of decentralized login service provider TorusLabs, Zhen Yu Yong (Zen), tweeted that he had been diagnosed with coronavirus COVID-2019. Zen urged people who may have been in contact with him during the ETHLondon hackathon held from Feb. 28 until March 1, or the Ethereum Community Conference (ECC) held from March […]

Judge Slams Craig Wright for Forged Documents and Perjured Testimony March 10, 2020

Judge Bruce Reinhart has slammed Craig Wright for producing forged documents and giving perjured testimony during the ongoing litigations between Wright and Ira Kleiman during a hearing concerning the Tulip Trust.  Reinhart questioned Wright’s credibility, noting that — in the past — the self-proclaimed Satoshi Nakamoto had openly lied to the court: “Particularly given my […]

Bloody Monday: Bitcoin Price Loses $8K, Oil -30%, DOW Futures Plunge March 9, 2020

Bitcoin (BTC) closed the week at $8,024, a shocking 9.92% loss and a new weekly low not seen since January 13 when the asset traded for $7,946. The abrupt correction took place as DOW, S&P 500 and oil futures plummeted as investor fears over the economic impact of the coronavirus continue to intensify.  Crypto market […]