The US Internal Revenue Service needs to overhaul its strategy for bitcoin, an agency watchdog warned in a report published today. Source
Coinbase has launched a redesigned version of its website, an unveiling it said marks its transition from a wallet to a digital asset exchange. Source
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Cross-border payments can be a hassle, but the Royal Bank of Scotland (RBS) is looking to change all that with a new Ethereum-based system designed to remove inefficiencies and errors that come with transactions that occur beyond home-based borders. Sending money overseas can be a very lengthy and costly experience, which is why several have […]
A couple of days ago news reports about the Chinese government’s decision to crackdown on Bitcoin trading to curb capital outflow started making rounds. The news created panic among Bitcoin traders, leading to a sudden slump in the digital currency’s price. The cryptocurrency which was trading at around $730s suddenly fell below the $700 mark. […]
ZCash (ZEC), the private and anonymous cryptocurrency built over Bitcoin code has been gaining a lot of traction lately. The cryptocurrency community’s interest in ZCash has forced many companies to integrate it into their products. The latest ones to do so in the past couple of weeks include Jaxx— the blockchain wallet platform and Shapeshift […]
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A bitcoin mining conference held by one of the network’s largest miners saw what some have labeled an unscientific discussion of scaling the network. Source
An industry commentator looks at moves by tech industry incumbents to capture the emerging blockchain market, and offers a warning for the future Source