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New Crypterium CEO Pledges to Facilitate Cryptopayments

Marc O’Brien, the former leader of Visa UK & Ireland, has become the CEO of Crypterium — a startup which raised $52 million through an ICO’s at the end of last year, writes Business Insider. The startup’s aim is to make it easy to pay with cryptocurrency wherever. Austin Kimm, co-founder of Crypterium, previously explained the concept to Technocrunch by referring to an...

Is Coinbase Applying for a Banking License?

Coinbase and Ivy Koin LLC have recently met with U.S. officials at the U.S. Office of the Comptroller of the Currency (OCC) about obtaining a banking license In early 2018, Coinbase and Ivy Koin LLC, a payments startup, met with U.S. officials at the U.S. Office of the Comptroller of the Currency (OCC) regarding obtaining a banking license. If either...

Bitmain Makes Major Pivot Towards AI – Saying AI Could Make Up 40% Of It’s Revenue In 5 Years

Bitmain, the World Leader in Cryptocurrency Mining Hardware, wants to expand its reach to artificial intelligence (AI). Bitmain is the undisputed world leader when it comes to cryptocurrency mining hardware. According to Bernstein Research, Bitmain made between $3 to $4 Billion in profits in 2017, controlling 80% of the crypto-mining market. It may come as a surprise therefore that they...

Can A New App Pump Litecoin’s Value?  

Litecoin has been steadily losing its value. But can Toshi's decision to take it onboard finally lead to its price surge? Litecoin, currently the sixth biggest cryptocurrency on the market, has lost close to 50% of its value over the last 6 months. In December 2017 it traded at $255.42, today its value has dwindled to $131.26 while its market cap is $7,427,485,910. However, a recent...

ICON Doing Its Part to Bring Blockchain to the Masses

ICON and Naver Subsidy, LINE PLUS, co-found 'Unchain' to create decentralized applications that will help bring blockchain into our everyday lives. During Consensus 2018, South Korean Project ICON announced a joint venture with LINE PLUS in order to build up their blockchain network, called Unchain. LINE PLUS, a subsidy of South Korean search engine giant Naver, is a large social...

Japan’s Largest Bank Is Testing The Cryptocurrency Waters

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Mitsubishi UFJ Financial Group (MUFG), one of the world’s largest banks and the largest in Japan, is planning to conduct a large-scale trial of its own cryptocurrency. About a year ago, MUFG joined the Utility Settlement Coin project (USC). The USC is one of the largest Asian cryptocurrency firms, and the firm aims to assist banks in creating custom blockchains for...

As the Royal Wedding Approaches Prince Charles is the Unwilling Face of an Alleged Cryptocurrency Scam

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An alleged new cryptocurrency scam has been discovered, using the faces of Prince Charles and Jennifer Aniston but bizarrely randomly generated names. A Houston based operation called ‘Wind Wide Coin' has been hit by a cease-and-desist order this week by the Texas State Security Board. If the name wasn't bad enough the Texan Board has accused the said company of...

French Finance Minister reiterated his newly-born passion for cryptocurrency: “I was a rookie.”

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French Finance minister Bruno Le Maire, who drastically changed his attitude towards both cryptocurrency and blockchain at the beginning of spring, believes he had been "a rookie." He now wants France to be on the forefront of "blockchain and crypto-active innovation in the EU", reports Bitcoinist.com. The site draws a tweet by Alexandre Stachtchenko, the president of the association created by...

John McAfee Changes Tune on Bitcoin (BTC) Price Prediction

While McAfee backtracks on his $78,000 per Bitcoin prediction by the end of 2018, he stands strong on his 2020 prediction while explaining why Bitcoin cannot be stopped. While John McAfee is well known for his big $1 million bitcoin by 2020 prediction, he made another prediction for the end of 2018. In a recent sit down with Patrick Bet-Davis,...

Consensus 2018: Day 3 Recap

Jack Dorsey hopes Bitcoin will become "the currency of the internet." Nokia allows customers to monetize their data via DATAcoin. Day 3 of Consensus is finished and below is the top news of the day: -Brian Kelly, Head of BKCM and CNBC Contributor, announces he is starting an ETF. While it will not be dealing with cryptocurrencies directly, but it will...