After sharp drops in bitcoin prices, a new study posits that almost 95 percent of all reported bitcoin trading is made artificially via exchanges that are unregulated. Bitwise Asset Management analyzed 81 exchanges during a four-day period in March for its report, which suggests bitcoin’s...
Bitcoin investors took a massive hit in 2018 – and, according to personal finance company Credit Karma, most of them don’t realize they can write off the losses on their tax returns. According to a report in MarketWatch, citing Jagjit Chawla, general manager of tax at...
Bitcoin marked the beginning of December with another drop in value – this time by 8 percent, according to a report by CNBC. Following a 37 percent drop in November, which took about $70 billion off bitcoin’s market value, the cryptocurrency found a new bottom...
An Elon Musk message on Twitter – apparently a joke about bitcoin that fell flat – ended up causing the messaging and social media platform to lock down the account of the co-founder of both Tesla and PayPal. The message, sent Monday night (Oct. 22), featured...
Maqta Gateway LLC, an Abu Dhabi Ports subsidiary, says it has reached the next phase of its “Silsal” project, which is the first international blockchain pilot testing project in partnership with the Port of Antwerp, Belgium. Designed to provide a seamless and secure link between...
Bitcoin was hit with an $18 billion market loss in just three days. CNBC reported that the digital currency stock price fell below $6,200 for the first time in a month, ending the week about 5 percent lower. Other cryptocurrencies had an even worse week:...
Intesa Sanpaolo, Italy’s second largest financial institution (FI) — along with 13 other banks — has completed the first phase of an interbank blockchain trial. The tests, which began on June 4 and ended last week, were held with ABI Lab, which is supported by...
Ripple (XRP) has overtaken Ethereum within the last 24 hours, with a 7 percent surge in price for a market valuation of $24.28 billion. According to CCN, this is the third time this year that Ripple has moved past Ethereum, with each time occurring in the...
The Naval Air Systems Command (NAVAIR) announced that it is exploring the use of blockchain to help track aviation parts. The current method uses a pen and paper to track parts once they are delivered to the user, with the information written on a Scheduled...
