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First Ever Cryptocurrency Property Auction to Take Place in Australia

property in Asutralia that will be on crypto auction in April 2019

A house in Australia is going up for auction next month. There’s nothing surprising about that except for the payment method. The auctioneer will be calling the bids in cryptocurrency. It’s a world-first in real estate, according to auctioneer James Pratt.

You Can Now Buy Australian Indigenous Art with Bitcoin

The Indigenous Fine Art Gallery buy art with Bitcoin

Bitcoin owners have more and more options for spending the cryptocurrency in their wallets. From the first pizza bought with Bitcoin to the wide range of products and services you can pay for with crypto, we’ve come a long way. And right now there is one more type of product you can buy with digital currency: artwork.

Vitalik Buterin Presents Eth2 and His Views on Future Blockchain Use Cases

vitalik buterin eth2 views on future blockchain use cases

Vitalik Buterin, the co-founder of Ethereum, held a speech last week, during the TOKEN2049 event in Hong Kong. He took the opportunity to share the latest developments in the status of Eth2.0 with the audience. Also, he spoke about the current state of blockchain adoption and his views on future use cases.

Survey Report Forecasts the Rise of Cryptocurrencies

golden Bitcoin on black background with lights

Private securities marketplace SharesPost recently released findings from their third consumer and investor survey on trends in cryptocurrencies and blockchain. The first survey conducted by the firm was in January and the second in July of last year.

IDC Spending Guide Forecasts $2.9 Billion Spending on Blockchain Solutions in 2019

blockchain investments

This year will see a tremendous increase in global spending for blockchain solutions. The latest Spending Guide prepared by International Data Corporation (IDC) forecasts a total spending of almost US$2.9 billion worldwide. This would represent over 90% increase from last year, when the total spending on blockchain reached US$1.5 billion.

Crypto Mystery Takes a Darker Turn: Cold Wallets Left Behind by Deceased Bitcoin Exchange Owner Are Found Empty

bitcoin cryptography

What happens when the sole person in charge of a Bitcoin exchange suddenly dies? There should be a backup person that knows the passwords and allows the customers to get their funds back. Unfortunately, that was not the case of Quadriga – the largest crypto exchange in Canada. When its owner suddenly died back in December, he took the access passwords to the grave with him.

What the Ethereum Hard Fork Means

ethereum upgrade

Ethereum underwent a hard fork as a result of a recent upgrade. Lets take a look at what that means.

Billionaire Bitcoin Enthusiast Tim Draper Believes Crypto Will Rule in 5 Years

Tim Draper talks about Bitcoin and blockchain - Fox Business interview

Everyone will buy coffee with Bitcoin in two years. And five years from now, only criminals will use cash. Billionaire investor Tim Draper made these bold predictions in a recent interview on Fox Business. A Bitcoin enthusiast, Draper feels that his investments in crypto are safer than the money kept in banks. He urged everyone to start investing in cryptocurrencies little by little, before they become the main form of payment.

AUSTRAC Is Testing Blockchain-Enabled Automated Funds Transfer Instructions

blockchain

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is testing a system that automates funds transfer instructions that runs on blockchain. The financial intelligence agency is collaborating with Swinburne University of Technology on this experiment that will run for 12 months. If it proves to be successful, it will speed up fund transfers issued by entities under AUSTRAC surveillance.

Venezuelan Economist Writes about How Bitcoin Saved His Family

Bitcoin over Venezuelan currency bolívar

Venezuelan economist, Carlos Hernández, wrote an op-ed about the importance of cryptocurrency in a volatile economy. The article, published in the New York Times this weekend, was based on his personal experiences.