blockchain

Does OFAC Really Know What They’re Doing? A War On Crypto And Privacy

Does OFAC Really Know What They’re Doing? A War On Crypto And Privacy This month, we witnessed one of the most significant attacks on crypto privacy in the form of the US Treasury’s Office of Foreign Assets Control (OFAC) sanctioning Tornado Cash. This led to protocols blocking addresses, funds being seized, and one of the Tornado Cash developers being arrested. The action was unprecedented, given that it was the first time we have effectively had sanctions placed on a piece…

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Bitcoin price would rally after the 11500 mark

Bitcoin price would rally after the $11500 mark BITCOIN PRICE The king of cryptocurrency Bitcoin (BTC) down under and Bitcoin price action is throwing one disappointment after another at the investors since the 26th of June. That’s precisely when the price hit thirteen thousand and eight hundred dollars ($13800) mark and the volatility reached its peak. Albeit briefly, Bitcoin price hit the thirteen thousand dollars ($13000) mark twice since June 2019. While BTC price has been dwindling below eleven thousand…

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Adding Video Content to Your Social Media Strategy

Adding Video Content to Your Social Media Strategy The impact of social media has altered all kinds of industries. The value of having a presence online has never been greater. Word-of-mouth marketing that once occurred in small social circles or at the office now takes place online?—?a much larger platform for communication. That value is steadily increasing as time goes on. Now more than ever, brands are able to reach larger audiences with recommendations, partnerships, and ambassadors on social media. The…

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JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’

JPMorgan Looks Into Crypto Months After Their CEO Called Bitcoin ‘Stupid’ and ‘Dangerous’ Back in September of 2017, JPMorgan’s CEO Jamie Dimon called Bitcoin “stupid” and “dangerous.” Dimon also said if he caught anyone buying or selling Bitcoin he would “fire them in a second.” His words carry heavy weight as one of the most prominent voices in the global finance world. However, it appears his opinion changed. JPMorgan is looking into the use of cryptocurrencies despite their purported threat…

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Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading

Bitcoin Cash makes waves as it becomes available on Coinbase – and then halts trading Bitcoin Cash, a fork of the more popular cryptocurrency that was created in August, is now fully supported on Coinbase’s exchange, so you can buy and sell the currency there – just not immediately. Abbreviated as BCH, the currency showed Cash prices at roughly $8,500, or nearly three times higher than the value it commands on other exchanges (Coinmarketcap has it at $3,381 at the…

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Rise of Bitcoins causes stir but questions linger

Rise of Bitcoins causes stir but questions linger Anthony Mburu and his fiancée Elizabeth John who recently attracted curiosity when he paid part of his dowry using Bitcoins, a form of digital currency, in Naivasha Kenya,considers himself a non-conformist. Having quit university in 2010 after just one semester of his engineering course, 26-year-old Anthony Mburu does not fancy formal education, for instance. “Formal education is good. It will give you an average life. You’ll eat, have your mortgage, car loan…

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3 Reasons the Bitcoin Price Hit $8,000 Today

3 Reasons the Bitcoin Price Hit $8,000 Today The bitcoin price touched the $8,000 mark on Friday morning (or Thursday night, depending on your time zone), enabling the flagship cryptocurrency to check another milestone off its to-do list before it reaches five-figure territory.   Bitcoin Price Touches $8,000 Just days prior, the bitcoin price had been trading below $6,000, but a mid-week rally raised bitcoin back to its pre-dip level and ultimately vaulted it to a new all-time high of…

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Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x

Bitcoin Wallet Blockchain: ‘Buy Some Ether’ to Make Transactions After SegWit2x Crypto wallet Blockchain has announced its intention to join with Xapo in following the blockchain with the most accumulated difficulty following the proposed SegWit2x. The wallet service advised its users to “buy some ether” if they intend to make transactions immediately following the fork.   Blockchain Wallet to Follow Chain With Most Difficulty In mid-November, the Bitcoin blockchain is expected to split into two, competing chains following SegWit2x, a…

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Chinese money dominates bitcoin, now its companies are gunning for blockchain tech

Chinese money dominates bitcoin, now its companies are gunning for blockchain tech Beijing, China It’s a sweltering summer night when I’m invited to join a bitcoin miner from Shenzhen at a “bitcoin club” somewhere in downtown Beijing. I’ve just returned from visiting one of the world’s largest bitcoin mines and find myself at a gathering of cryptocurrency enthusiasts at a craft beer brewery in the Sanlitun nightlife district. I excuse myself from the bitcoin meetup and resort to jumping in…

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Why Bitcoin and Ethereum will soon be everywhere

Why Bitcoin and Ethereum will soon be everywhere Bitcoin, Ethereum and blockchain technologies are all the rage. Initial coin offerings (ICOs) are raking in millions in mere minutes, and every day a new initiative is announced with ever-increasing hype. With all of this going on, you’d expect cryptocurrencies to be mainstream fare, right? Unfortunately, they’re not quite there — yet. As of now, your grandma probably isn’t wagering Ethereum with her bridge buddies. Heck, even buying pizza with cryptocurrency sounds…

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