Analytics News

Bitcoin Price Doubles in Troubled Zimbabwe

9 months ago admin2 Comments Off on Bitcoin Price Doubles in Troubled Zimbabwe
A surprise political move by Zimbabwean president Robert Mugabe, who fired his deputy Emmerson Mnangagwa, has played havoc on the US dollar/bond note parallel exchange rate, as well as on Bitcoin price in the country. Bitcoin was already trading at a highly inflated rate in the troubled African country as its demand skyrocketed as a Read More

Shipping Giant UPS Joins Blockchain in Trucking Alliance

9 months ago admin2 Comments Off on Shipping Giant UPS Joins Blockchain in Trucking Alliance
Global shipping major UPS was accepted as member of the Blockchain in Trucking Alliance (BiTA) as of early November 2017. BiTA is a Blockchain consortium that is mainly focused on the trucking and shipping industry. In its announcement, the consortium claimed that UPS will assist in the development of standards around the use of Blockchain Read More

Blockchain to Secure Digital Crime Evidence, British Ministry of Justice Official

9 months ago admin2 Comments Off on Blockchain to Secure Digital Crime Evidence, British Ministry of Justice Official
Great Britain’s Ministry of Justice technical architecture lead, Alistair Davidson, has claimed that Blockchain or distributed ledger technology (DLT) has great potential as a tool for securing and verifying digital evidence in a criminal investigation. He specifically cited the use of the technology in the creation of records for officer-worn camera footage. In a blog Read More

Crypto Trading Platform Starts Accepting CNY – New Era for Bitcoin in China?

9 months ago admin2 Comments Off on Crypto Trading Platform Starts Accepting CNY – New Era for Bitcoin in China?
Two months ago, when Chinese regulator issued the “Seven Regulatory Bodies” Announcement and shut down the Bitcoin trading, the whole world thought that China Bitcoin gates were closing. Though optimists were claiming that Chinese government might free Bitcoin trading under certain circumstances in the future, nobody anticipated that the day is coming this soon. CNY Read More

Blockchain Technology to Transform Tourism Industry, Says Russian Tourism Official

9 months ago admin2 Comments Off on Blockchain Technology to Transform Tourism Industry, Says Russian Tourism Official
Russia’s Federal Agency for Tourism head, Oleg Safonov, has claimed that Blockchain technology has the capability to transform the country’s tourism industry. He further stated that the sector is on the verge of transformation from new emerging technologies like Blockchain. In his speech at the Kazan Tourism Forum 2017 in early November, Safonov said that Read More

Australia and China Sign Agreement for Financial Technology Cooperation

9 months ago admin2 Comments Off on Australia and China Sign Agreement for Financial Technology Cooperation
The China Securities Regulatory Commission (CSRC) and the Australian Securities and Investment Commission (ASIC) have signed a Financial Technology (fintech) cooperation agreement to advance innovation with each countries’ markets. Under the deal, the two regulators will share and utilize information on emerging market trends and developments to promote fintech innovations. According to CSRC chairperson Shiyu Read More

SegWit2x Hard Fork Could Have Devastating Consequences for Bitcoin

9 months ago admin2 Comments Off on SegWit2x Hard Fork Could Have Devastating Consequences for Bitcoin
This is an opinion piece, and the views of this author do not necessarily represent the views of Cointelegraph. The upcoming SegWit2x fork could generate a black swan event for Bitcoin; that is to say, there is a small chance that the fork could have enormous repercussions. The idea of a “black swan event” was Read More

‘Accidentally Killed It’: Parity Grapples With $280 Mln Locked ETH

9 months ago admin2 Comments Off on ‘Accidentally Killed It’: Parity Grapples With $280 Mln Locked ETH
A user of Ethereum’s Parity wallet “accidentally” quarantined funds worth $280 mln, revealing further vulnerabilities in the platform. Parity, which has suffered teething problems since its launch by former Ethereum co-founder Gavin Wood, is still trying to regain access to the “frozen” ETH. “… A user suicided the library-turned-into-wallet, wiping out the library code which Read More

SegWit2x Survey: 84% Say Core Chain Will Dominate After Hard Fork

9 months ago admin2 Comments Off on SegWit2x Survey: 84% Say Core Chain Will Dominate After Hard Fork
The results of Yours founder Ryan X. Charles’ SegWit2x survey points to the overwhelming support of Bitcoin Core’s chain. Over 4,000 people took part in the survey on Twitter, which quizzed them on which chain would be considered ‘Bitcoin’ after this month’s hard fork. A total of 84 percent concluded the original chain would maintain Read More

Industry CEO Believes Bitcoin’s Anonymity Dooms It, Predicts Governments Will Ban

9 months ago admin2 Comments Off on Industry CEO Believes Bitcoin’s Anonymity Dooms It, Predicts Governments Will Ban
In its short lifespan of 10 years, Bitcoin has seen many obituaries. The latest one is by SocGen CEO, Frederic Oudea, who feels that Bitcoin has no future because of its anonymity. Governments will clamp down Fredric Oudea believes that the future of Bitcoin and other virtual currencies is dim, primarily because he expects governments Read More