Blockchain 

Blockchain Technology for Healthcare | Healthcare Giants Form Alliance

The US Healthcare system may finally be taking steps in the right direction. Aetna recently announced that it has joined a newly formed blockchain alliance, along with Ascension. Five other healthcare giants in the US are already piloting blockchain technology. Blockchain Technology for Healthcare Humana, Multiplan, UnitedHealth Group’s Optum, Quest Diagnostics, and UnitedHealthcare are all a part of the group. The alliance is trying to figure out how blockchain technology can improve data quality and lower costs. Blockchain tech entered into the mainstream media back in 2017. It’s surprising that these…

Read More
Cryptocurrency 

SEC Charges DJ Khaled and Floyd Mayweather for ICO Promotions

Nobody gets away with fraud in the SEC’s eyes. The latest pair to be hit with SEC charges include pro-boxer Floyd Mayweather and music producer DJ Khaled. SEC Charges Mayweather and Khaled The Securities and Exchange Commission charged the pair with the improper promotion of initial coin offerings or ICOs for cryptocurrencies. Neither party revealed to investors that they were, in fact, paid large sums of money to promote certain ICOs. According to CNBC, a settlement announced Thursday disclosed the charges. According to the settlement, Mayweather never spoke of a $100,000 promotional…

Read More
Cryptocurrency 

Blockchain Phone | Sirin Labs Finney Device Ready for Shipping

Sirin Labs’ blockchain phone is expected to begin shipping in late December, it was announced today. The phone’s final design was unveiled at an event in Barcelona. Sirin Labs’ Blockchain Phone Dubbed ‘Finney,’ the blockchain phone promises to advance the user experience of decentralized apps, or dApps. The blockchain phone was developed off the back of an initial coin offering in which Sirin Labs raised $157 million earlier this year. However, it’s wondered if the creation of Finney is an example of putting the cart before the horse, as there simply…

Read More
Bitcoin 

Bitcoin (BTC) up Nearly 20% in 48 Hours

Bitcoin (BTC) made a rather dramatic comeback just 48 hours ago. At press time, the world’s first digital currency is currently trading above $4,300. The entire crypto community is buzzing, as most altcoins have followed BTC’s upward movements. Bitcoin (BTC) Comeback The cryptocurrency community took a huge hit in mid-November when Bitcoin Cash miners started a hash war. Investors lost confidence in the maturity of the community, as the war dragged out after Bitcoin Cash split in two. On one side was Roger Ver, CEO of Bitcoin.com, who led the…

Read More
Bitcoin 

Bitcoin Rally | Cryptocurrency Makes a Comeback After Major Slump

Many in the financial world this week were claiming Bitcoin was “dead” after it hit its 2018 record lows this week. What they didn’t predict was a Bitcoin rally. On Sunday, the world’s first digital currency hit just above $3,600 a coin, which is the coin’s record-low this year. Bitcoin hadn’t seen below $3,700 since mid-September 2017, and this past week, the cryptocurrency was down almost -40% for the month. However, on Tuesday night that all began to shift. Bitcoin Rally In around 60 minutes, Bitcoin jumped up in price…

Read More
Blockchain 

Voting on the Blockchain | South Korea Tests New Technology

South Korea has just become the first East Asian country to legalize medical marijuana. But it may be the second to put voting on the blockchain. Japan is already trialing the technology to allow citizens to cast votes on “social contribution projects.” South Korea has been an advocate of blockchain technology though it has a strict stance towards cryptocurrency. It makes sense that it would follow in Japan’s footsteps. Voting on the Blockchain in South Korea Democratic voting on the blockchain is one of the most controversial applications of blockchain…

Read More
Cryptocurrency 

ADAM will Set a Code of Conduct for Crypto Participants

Ten financial and tech companies have come together to establish an Association for Digital Asset Markets or ‘ADAM.’ The groups aim is to create a “code of conduct” for the cryptocurrency sector. ADAM is a Good Boy The body is made up of well-known crypto names. These include Galaxy Digital, BTIG, Paxos—which recently launched the PAX stablecoin—and crypto liquidity solutions provider GSR. Looking to get on the good side of regulators, and no doubt put more of a definite shape on the cryptocurrency market, the group will work with regulators to seek…

Read More
Bitcoin 

Bitcoin Futures | Nasdaq Claims BTC Futures Contracts are Still Coming

Nasdaq Inc. is still planning to launch its Bitcoin futures early next year, Bloomberg reported early this morning. Two individuals familiar with the Bitcoin project told Benjamin Bain, a reporter at Bloomberg, that despite the downturned market the index still plans on offering these contracts. Bitcoin Futures Bitcoin (BTC) has plunged nearly -75% since the beginning of the year and interest in digital currencies has dramatically decreased. Still, the Wall Street exchange feels there is enough investor interest to continue its plans. One of the individuals at Nasdaq told Bloomberg…

Read More
Cryptocurrency 

Ohio Accepts Bitcoin for Tax Payments

As Bitcoin heads down the slope, the State of Ohio has just made a move that actually champions the ailing coin. And it’s a vital time for such a move. Ohio has decided to accept Bitcoin for tax payments, becoming the first state to do so. Not only is this move momentous in terms of institutional approval, but its timing is also impeccable—casting a silver lining to what has been a very dark cloud for Bitcoin. Ohio Accepts Bitcoin in the Nick of Time The initiative begins now. Ohio businesses…

Read More
Bitcoin 

Bitcoin (BTC) Crash Causes Crypto Mining Closures and Bankruptcy

Back in 2017, Bitcoin (BTC) and cryptocurrency took the spotlight in the media as investors and Wall Street began to take notice of digital currencies and the blockchain. Many executives in the major global banks shot down digital currencies almost immediately, as Bitcoin was a direct threat to their existence. See, Bitcoin was created to expose the currently flawed central banking system and to completely revamp the way individuals spend and send money. It remains unknown why crypto began to pick up speed towards the second half of 2017, but…

Read More