Italy’s Economic Pain Is the Bitcoin Price’s Gain

Perhaps it took an economic crisis of another kind to lift the cryptocurrency markets. Italy’s economy is reeling amid a political crisis that has placed a spotlight on the cracks in the EU’s economic foundation. Bitcoin Price Trends up as Italy’s Economy Falters Italian bonds are going bust, and the negativity has spilled over into […]

Average ICO Investor Makes 82 Percent Profit: Boston College Researchers

Much has been made about the prevalence of scams within the initial coin offering (ICO) industry. However, a new report published by researchers at the Boston College Carroll School of Management suggests that the average ICO investor is still raking in a significant profit. The 54-page report, titled “Digital Tulips? Returns to Investors in Initial […]

Bifröst: A New Blockchain-Based Effort to Deliver Foreign Aid Payments

ConsenSys Social Impact has joined hands with MakerDAO and Dether to launch Bifröst, a crypto-to-fiat payment system built to expedite the delivery of cash donations to aid groups in conflict areas. Bifröst was announced during a presentation today, May 29, at the Oslo Freedom Forum in Norway. Executives are planning to pilot the system this […]

Cryptocurrency Trading Halted in Zimbabwe Despite High Court Ruling

Restoration of cryptocurrency trading on Zimbabwe bitcoin exchange Golix will take longer than expected as the company says it is still working on having its bank accounts reopened while also awaiting finalization of regulatory issues regarding virtual currencies in the country. Golix is one of two major cryptocurrency exchange platforms in Zimbabwe, the other being […]

Bitwage Launches ICO Advisory Firm and New Payment Solutions

Bitcoin payroll and invoicing platform Bitwage, with operations in the U.S and the U.K., has launched two new products: Inwage, an advisory firm that creates and deploys solutions for launching initial coin offerings (ICOs); and Ether Inputs, an invoicing platform that allows ICO companies to pay employees in their preferred currency. “The world of cryptocurrency […]