With a rocky cryptocurrency market and loads of negative press, some enthusiasts are losing hope. Others, of course, are settling in for what they see as the impending future of a crypto-based world. People in the middle are still asking, or asking once again, does cryptocurrency matter?
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.
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, 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.
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.
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
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.
Ethereum underwent a hard fork as a result of a recent upgrade. Lets take a look at what that means.
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.
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.