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Use Blockchain to ‘Rebuild Societal Trust’ and Save £8 Billion, Report Tells UK Gov’t

UK housing minister Eddie Hughes released a report into blockchain July 4, calling on the government to “show leadership” by making the technology and its benefits a priority. The report, ‘Unlocking Blockchain,’ makes several key proposals,…
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Blockchain and Cannabis Industries Together can Clear Regulatory Hurdles

As the cannabis industry around the world begins what is sure to be a long road to finding compliance with governments and establishing security in both logistics and financial transactions, it could find support in another emerging industry…
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Binance Halts All Trading Over Abnormal Crypto Transactions

Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended its trading services, hours after one token on its platform was reported with irregular transactions. Syscoin, a distributed network based on a fork of…
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Crypto Rally Runs Out of Steam But Steem is Green

FOMO Moments Crypto land is in the red again, Cardano, Nem and Bytecoin getting hit. Steem and Syscoin on the up The rally did not last long and a pullback has occurred dropping crypto markets once again. Total market cap has dropped back below…
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Indian Supreme Court Continues to Uphold Central Bank’s Ban on Crypto Dealings

The Supreme Court of India has ruled not to grant interim relief to those affected by the Reserve Bank of India’s (RBI) ban on banks’ dealings with crypto-related businesses, Quartz India reports today, July 3rd. The Supreme Court has thus…
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Crypto Money Laundering Expected to Reach $1.5 Billion in 2018

A new report has revealed that three times more cryptocurrency has been stolen from crypto exchanges so far in 2018 compared to 2017. Data security company CipherTrace, which released the report, analyse cryptocurrency data to identify illicit…
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Five Nations Launch Tax Enforcement Alliance to Tackle Crypto, Cybercrime ‘Threat’

The US Internal Revenue Service (IRS) has launched an international taskforce together with tax enforcement authorities from four other countries to take on cryptocurrency-enabled crimes, according to a press release published Monday, July…
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FSA Considers Changing Japanese Cryptocurrency Regulations

New information points towards the FSA, Japan’s financial regulating body, changing the legal basis on which cryptocurrencies are overseen in the country. FSA Considers Change to Regulatory Basis As was reported in local Japanese media…
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Crypto Market Adds $40 Billion as Bitcoin, Ether and XRP Record Major Gains

The cryptocurrency market has added more than $40 billion within a 48 hour period as major digital assets bitcoin, ether, Ripple, and Bitcoin Cash recorded gains in the range of 5 to 10 percent. XRP, BCH, EOS, and Cardano Best Performers Ripple…
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Ethereum Price Analysis: ETH/USD Eyes More Upsides

Key Highlights ETH price gained momentum and cleared the $455-458 resistance zone against the US Dollar. Yesterday’s highlighted important contracting triangle was breached with resistance at $454 on the hourly chart of ETH/USD (data feed…