Basis, formerly Basecoin, has raised $133 million in a private placement, chief executive Nader Al-Naji revealed today. The Hoboken, N.J.-based project plans to create a stable cryptocurrency with an algorithmic central bank that will keep the price stable, something that has eluded cryptocurrency to date and limited its use as a reliable payment method. Funding … Continued
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With all of the attention on the movements in the bitcoin price, now could be the time to get your hands on BTC spinoff Bitcoin Cash, one trader says. Brian Kelly, founder of Investment firm BKCM, tells CNBC the technical signs including a possible breakout are pointing to an opportunity in Bitcoin Cash (BCH). Investors apparently taking his advice, with … Continued
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Biotech-turned-cryptocurrency company Riot Blockchain has received a subpoena from the US Securities and Exchange Commission (SEC) and may be delisted from the Nasdaq. The Colorado-based firm, which attracted headlines last year following its unexpected pivot into the cryptocurrency space, acknowledged in a new public filing that the SEC is “requesting certain information from the Company” … Continued
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Monero, the 11th largest cryptocurrency with a market capitalization of nearly $3.6 billion, jumped more than 12 in the last 24 hours as its price rose to $233.74. Monero, a privacy-centric currency, trails 10th place IOTA, which has a market cap of more than $4 billion. Recovering $1 Billion Monero has gained $1 billion this … Continued
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100 years ago a wartime censorship act passed in the U.S. Congress called the Espionage and Sedition Acts of 1918. At the time censorship and propaganda tactics were applied to anyone who cast negative attention on war, and Americans could be jailed if they participated in this behavior. Eventually, the act was repealed but thousands […]
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The volatility of cryptocurrencies can make them unsuitable for daily use. Stablecoins however, are pegged to reliable sources of value, and aim to combine the advantages of the blockchain with the stability and reliable valuation of a known asset. Coins like DigixDAO have the potential for all the advantages of gold as a reliable store […]
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NASA is supporting a research program at the University of Akron to study the application of Blockchain technology for spacecraft. #NEWS