38% of South Africans Wish They Had Invested in Cryptocurrencies: Survey

Pan-African financial services giant Old Mutual has released the 2018 Savings and Investment Monitor survey for South Africa. The report indicates that 38% of the residents and citizens of Africa’s second-biggest economy who were already aware of the existence of digital assets wished they had put their money in cryptocurrencies. South Africans also expressed positive […]

Bitcoin Price Could Hit $15,000 This Year: Fmr. Goldman Sachs Exec.

Christopher Matta, a former vice president of investment management division at Goldman Sachs, still maintains he would invest his mother’s money in bitcoin. A callout box on the TV screen noted Matta believes a return to $15,000 for bitcoin is attainable. Now the co-founder of Crescent Crypto Asset Management, told CNBC’s “Fast Money” in June that […]

Coinbase 0x, BAT, Zcash Listing Met With Debate, Generally Optimistic

Coinbase has recently announced that it was “exploring” the addition of five altcoins, which led to widespread speculation and discussion about the topic. CNBC Breaks Down The Most Likely Additions To Coinbase Coinbase’s announcement regarding the five altcoins quickly hit headlines in the ‘cryptosphere’, with CNBC taking a unique stance on the statement. Brian Kelly, CNBC’s in-house […]

Bitcoin Magazine’s Week in Review: Progress in Different Forms

Going back to the early days of Bitcoin, we look at the contributions of Nick Szabo to smart contracts and Bit Gold. Decentralizing gets another boost by Augur in the predictions marketplace with the launch of their platform. Then we see a very real world example of cryptocurrency solving a real need in Venezuela to […]

Square Sees Stock Price Explode As Its Bitcoin Service Expands

Square, the financial services company started by Twitter’s co-founder Jack Dorsey, has been seeing its crypto service expand rapidly. Nomura Instinet: Square Is Decoupling From Bitcoin’s Performance Bitcoin has seen a dismal year so far, to be frank, with the foremost cryptocurrency taking a tumble from $20,000 down to a low of $5,800. Many industry […]

Chinese Police Seize $1.5 Million in World Cup Crypto Betting Booty

More than $1.5 million worth of cryptocurrency was seized as part of an anti-gambling operation run by Chinese police during the 2018 FIFA World Cup. Chinese Police Seize $1.5 Million The Chinese state-run news source Xinhua reported two days ago that local authorities first came across the so far unnamed online gambling platform in May. The betting […]

PoWx Seeks to Change Bitcoin Mining with “Optical PoW”

Nonprofit organization PoWx has launched this week with the goal of boosting the idea behind proof of work (PoW) through more innovative algorithms. The company is seeking to decentralize Bitcoin mining and make it more accessible to consumers through a new technology that executives have dubbed “optical PoW” — a new type of hardware that […]