Public blockchain ledgers ‘not fit for purpose,’ says JPMorgan

Much like Santa himself, Bitcoin is magic. 1304 Total views 12 Total shares Although he is based in the North Pole, Santa Claus spends much of his December touring the globe, making appearances at countless holiday-themed engagements in the run up to Christmas Eve. In payment for these rendezvous, Santa has long been known to…

Blockchain-based sports platform Chiliz (CHZ) is leading a boom in one sector of the altcoin world which is putting Bitcoin (BTC) and Ether (ETH) to shame.According to data from Cointelegraph Markets Pro, CHZ is consolidating on March 17 after month-to-date gains which topped 1,600%.Chiliz up 1,650% in 2 weeksWith altcoins firmly back in the spotlight…

The latest proposal from a group of House Democrats seeks to change how updates to the tax code affect crypto entities “who do not engage in brokerage services.” 1722 Total views 27 Total shares Lawmakers from both sides of the aisle are fighting back against changes to tax reporting rules for crypto brokers and transactions…

In April 2018, the Reserve Bank of India, the country’s central bank, initiated a major crackdown on the trade and purchase of cryptocurrencies such as Bitcoin within its borders. RBI Deputy Governor Bibhu Kanungo declared that all RBI-regulated entities are to “stop having business relationships with entities dealing with virtual currencies forthwith and unwind the…

Cryptocurrencies and the food industry might not seem like the most intuitive pairing — one based in the digital realm and the other firmly rooted in the physical. But going back to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo Hanyecz enacted…

The Oasis Foundation has announced a new University Program, bringing together blockchain societies from leading universities like MIT and Cornell. Blockchain and data science societies from some of the world’s most prestigious universities have joined blockchain infrastructure providers like Bison Trails as founder members of the Oasis University Program.The program, announced Aug. 13, aims to…

Ripple incubator and investment arm Xpring has spent $500 million on XRP projects since its launch in May 2018, according to an official blog post on July 2.These funds have reportedly been distributed to over 20 companies, including the blockchain-based gaming platform Forte.In general, the report says that Xpring investments are intended to create use…

A two-phase surge sees BTC/USD add 15% on the back of continued macro market turmoil. 530 Total views 3 Total shares Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders warns of "massive variables" for BTC priceData from Cointelegraph Markets Pro…

Asset managers and companies currently hold over 6% of Bitcoin’s (BTC) circulating supply, according to Buy Bitcoin Worldwide. A breakdown of the data shows Bitcoin fund issuers and asset managers hold about 4% of Bitcoin’s supply, public companies account for nearly 1% and private companies own roughly 0.83% of the cryptocurrency’s supply. It's clear that institutional…