Tag Archives: Blockchain Technology

It looks like JPMorgan Chase is looking to reestablish itself as a leading cryptocurrency company. Despite many years of bashing digital assets, the company has recently announced the introduction of its new blockchain-cryptocurrency division known as Onyx.JPMorgan Stretches Further Into the Blockchain WorldTo be fair, it’s not so much JPMorgan that has been unkind to bitcoin, but rather its head executive Jamie Dimon. In the past, Dimon has referred to bitcoin as a fraudulent currency, which...

Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017 and 2018. The second reason? Because even though the Securities and Exchange Commission (SEC) went after the companies for hosting the token sale – which the SEC is typically known to do – both Block.one and EOS came out ahead and garnered a ruling in their favor. This is important given we’re now in a time when companies are known to fall apart the minute...

According to Ben Weiss, the chief operating officer of Coin Flip, the next big tech company – comparable to the likes of both Amazon and Apple – will not stem from the United States but will instead be created within Asia.Ben Weiss: The Next Tech Company Will Come From AsiaHe says that the United States has fallen behind when it comes to cryptocurrency and the regulation necessary to keep crypto in check. While regulation ultimately goes against the decentralized nature of digital assets, he...

According to Chainalysis, the revenue its taking in has tripled in recent months thanks to many public sectors looking to track blockchain and cryptocurrency activity.Chainalysis Has Seen Its Horizons GrowIn particular, the company is working with the Internal Revenue Service (IRS) to track a privacy-focused cryptocurrency known as Monero, which has been the object of much controversy over the years.Monero, for example, is often involved in crypto jacking operations, in which a hacker obtains...

Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....

Jack Dorsey is back in the news, and once again, he’s pushing the power of both bitcoin and the blockchain technology that supports it.Jack Dorsey Is Still Pushing BitcoinAs the CEO of Square and Twitter, Dorsey has always been there to push the bitcoin agenda he holds so dear. He has stated in the past that within the next ten years, he can easily see bitcoin becoming the world’s only currency. He has also stated that it’s the best internet currency, and that he would at some point travel to...

When it comes to money laundering and illicit behavior, bitcoin is still getting a bad rap, though according to Changpeng Zhao – the CEO of cryptocurrency exchange Binance, arguably the largest and most popular exchange in the world – this isn’t always warranted.Changpeng Zhao: BTC’s Reputation Is Still SufferingIn a recent interview, Zhao explained that money laundering is indeed dangerous, though while it’s widely associated with bitcoin, the asset itself doesn’t pose a danger to society...

It looks like Ethereum is seeing its reputation suffer due to the growing number of fees on its blockchain. As a result, several projects are looking to other systems through which they can establish themselves.Ethereum Is Losing Customers Left and RightEthereum is the second largest cryptocurrency by market cap and the number one competitor to bitcoin. While it’s not as large a coin or as popular, its blockchain has garnered quite a bit of business over the years given its smart contracts...

Blockchain and crypto startup Nym is unveiling a new incentive program for those that engage in bitcoin transactions while running the company’s nodes.Nym Is Looking to Empower Internet UsersThe main goal of Nym appears to be privacy. The company has designed software that works to hide metadata and prevent tracking at a network level. As it turns out, whenever we go on the internet, we are potentially in danger of having our identities or other private information revealed or stolen. How...

Square Inc. – a company led by CEO Jack Dorsey of Twitter fame – has announced a new initiative that will allow cryptocurrency and blockchain companies to form and remain innovative without all the hassles and problems associated with patents.Square Thinks Patents Are Major BurdensAs it stands, patents really get in the way of establishing a company. One startup may form an idea only to find that a patent has been filed on something similar. The competing entity has no desire nor any ambition...