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Wanchain 2.0 Launches, CEO Says Crypto Will Have Huge Impact on Finance Industry

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The CEO of Wanchain has said cross-chain support will have a “huge impact” on the traditional financial industry by linking it to the crypto industry. In an interview with NewsBTC, he discussed Wanchain 2.0, which was launched on July 23 with cross-chain interoperability. Wanchain Version 2.0: “Big Milestone for the Industry” Wanchain has three primary

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Bancor Founder Discuss Hack, Says Crypto Community Need to Fight Thieves

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Bancor Founder Discuss Hack, Says Crypto Community Need to Fight Thieves

The co-founder of the Bancor Network, which suffered a $13 million hack on July 9, has argued that the crypto industry needs to join forces in the war against cyber hackers and thieves. She also defended the network against the criticism of Litecoin creator Charlie Lee, who said Bancor is not truly decentralized. Fight Against

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India Has Become More Optimistic in Crypto as Big Companies Challenge Court

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Crypto companies were heard in India today as they told the supreme court that the ban on banks interacting with cryptocurrencies is illegal. The global community has placed widespread pressure on the courts to stop the ban, as crypto exchanges have threatened to take their business elsewhere. Banking Ban Could be Lifted Imminently On July

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Huge Inflow into Crypto Investment Fund Despite Bear Market

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Crypto investment fund Grayscale has revealed it received record-breaking inflows of money during the first six months of 2018 even though the price of Bitcoin crashed from $20,000 to $7,000. Crypto Fund Receives Strong Backing Grayscale Investments released their first Digital Asset Investment report, which showed a large influx of money into their crypto investment

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Investor Buy Signal to ‘Make a Killing’ is the Next Bitcoin Death

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Investor Buy Signal to ‘Make a Killing’ is the Next Bitcoin Death

An investment analyst has predicted the ‘death of Bitcoin’ articles will show the key moment to invest in Bitcoin. Following the ‘bubble popping’ over the last year, the analyst claims that this will be the buy signal for him and others to invest. No Such Thing as Bad Press Bitcoin has ‘died’ countless times according

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DoE Backs Blockchain Energy Platform with $1 Million US Grant

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The U.S. Department of Energy (DoE) has announced it will award 95 grants for a total of $95 million to 80 businesses in 26 states. One beneficiary is blockchain business Grid7, which is set to receive almost $1 million as a government grant. DoE Backs Blockchain Energy Project Grid7 is being awarded $999,363 by the

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Global Financial Watchdog May Restrict Bank Exposure to Crypto

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The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose a material threat. FSB Considers Bank Restrictions

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Peter Thiel and Bitmain Invest in Block.one to Support EOS Ecosystem

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Developers of EOS, Block.one, have received a further round of investment from backers including Peter Thiel, Bitmain, Louis Bacon, and Alan Howard. This follows recent support by Mike Novogratz’s Galaxy Digital and new hiring appointments to the Block.one team. Peter Thiel Makes Block.one Investment Peter Thiel was the founder of Paypal and one of the

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Crypto to Expand Mobile Payments to Rural Networks Without State Control

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China, which is on its way to becoming a cashless society, highlights how cryptocurrencies could be used for all global payments. However, the overreaching control of the Chinese state shows why cryptocurrencies are needed to maintain the financial freedom of citizens. Mobile Payments Used in Rural Villages Roughly two-thirds of China’s population use WeChat to

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Crypto Becomes Proper Alternative to Cash in Struggling Economies

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Crypto Becomes Proper Alternative to Cash in Struggling Economies

The use of crypto donations by a Venezuelan citizen has shown cryptocurrencies are better than some fiat currencies even though they have been dismissed as too volatile. These donations also highlight the changing perception of crypto away from its murky past on the dark net. Crypto Helps Citizens Affected by Hyper-Inflation The NANO community has

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