The value of cryptocurrency transactions is forecast to surpass $1 trillion this year, which is 15 times the level reached in 2016. That’s according to a new study from Juniper Research called The Future of Blockchain: Key Vertical Opportunities & Deployment Strategies 2017-2022. In a...
Bitcoin Cash, the result of a recent split off of the digital currency, gave bitcoin owners an equal amount of Bitcoin Cash and Bitcoin, creating a new tax headache at a time when the Internal Revenue Service is providing little guidance. According to a report...
Visitors to Russian Burger King locations may have a new pay to pay for their Whoppers, onion rings and soft drinks with the advent of the fast food chain’s personal cryptocurrency system, a digital payment method the company’s Russian unit is calling “Whoppercoin.” The chain...
The Securities Exchange Commission (SEC) announced Thursday (Aug. 24) it has temporarily suspended trading in the securities of Canada-based company First Bitcoin Capital Corp. (BITCF). In a press release, the SEC said the suspension will stay in place until Sept. 7 of this year. “The Commission...
Mercury Protocol, a project backed by billionaire investor Mark Cuban, is looking to change how people interacts over the internet. According to a report in Fortune, Mercury Protocol is a software designed for messaging apps and built as a blockchain. This means users can message...
Reaching the peak interest among those in a particular industry just before it goes mainstream is something that’s happened on more than one occasion. Ranging from the housing bubble in the late 2000s to the dot-com bubble of the mid-’90s and the tech bubble of...
Distributed ledger technology (blockchain) has made significant headway this year, and people are starting to take notice. At the beginning of 2017, the cryptocurrency bitcoin was valued at just under $1,000 and soared up to over $3,000 in May. While it took a dive over...
Bitcoin, the leading cryptocurrency, jumped more than 16 percent on Saturday (August 6) to an all-time high of $3,360.87 before hovering around $3,303, propelling market capitalization to more than $54 billion. According to a news report in CNBC, the virtual currency has more than tripled in...
All is not running business as usual in the bitcoin realm. The digital currency that has been around for nearly a decade has struggled to gain major traction in the mainstream industry outside of finance. Just last week, we reported on investors splitting off from...
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