Bitcoin failed to hold above $9,000 on Thursday after reports of increased scrutiny on cryptocurrencies by Japanese regulators. The cryptocurrency hit a low of $8,495.10 and was trading 3 percent lower near $8,600 as of 11:42 a.m. ET, according to CoinDesk’s bitcoin price index. Bitcoin has struggled to recover the $9,000 level after tumbling from a short-term high of $11,660 earlier this month. It remains about … Continue reading Bitcoin falls back below $9,000 after Japan adds to regulatory uncertainty!
Each year, IBM showcases “5 in 5” technologies coming out of IBM Research’s global labs — five technologies that the company expects to fundamentally reshape business and society in the next five years. Lead developer Andreas Kind heads the “Industry Platform and Blockchain” team at IBM Research Zurich, which contributes to the Hyperledger Blockchain Project and develops privacy and cloud security technologies. According to IBM, the new … Continue reading Tiny “Crypto-Anchors” Could Help Fight Product Fraud!
Last year saw a sharp rise in global Blockchain-related patent applications, according to the South Korean Intellectual Property Office (KIPO). In a data report released Wednesday, the government agency said the number of Blockchain patent applications from the five most advanced countries and regions – the U.S., EU, China, Japan and South Korea – totalled 1,248 in 2017. Although the number may not be as high as … Continue reading Global Blockchain Patent Filings Spiked In 2017!
Snapchat just became the latest social media giant to ban ads for initial coin offerings (ICOs). Cheddar reported Monday that parent firm Snap Inc. has been quietly implementing the policy since February – restricting only advertisements for crypto-token sales, while allowing those related to cryptocurrency more generally. When asked by CoinDesk, a company representative confirmed that Snapchat is indeed prohibiting ICO ads, but did not comment on … Continue reading Social media giant Snapchat confirmed that ICO Ads are banned!
Mt. Gox denies being partly to blame for the price of the cryptocurrencies. Mt Gox sold over 400 million USD worth of Bitcoin and Bitcoin Cash last winter. At the same time, Bitcoin price fell in several times. Mt. Gox’s insolvency administrator Nobuaki Kobayashi issued a statement in which he comments on the allegations regarding the million dollar Bitcoin sale. In the Q & A document, he claims to have … Continue reading Gox: “Bitcoin market crash is not our fault!”
News that Twitter’s cryptocurrency advertising may be restricted is becoming more specific. Sky News reports that there will be a new advertising policy in the next two weeks to better control crypto advertising. Last week , it was reported that it would step up its cryptographic scams platform in the future. Microblogging service follows the model of Facebook and Google, which also want to restrict their advertising in the … Continue reading Update: Crypto advertising ban on Twitter will come in two weeks?
New details have emerged about Kodak’s cryptocurrency licensing deal. According to the company’s 10-K annual report for 2017, the company was paid $750,000 in cash by WENN Digital, which is developing KODAKCoin and the related digital rights management platform. Additionally, Kodak received 50,000 shares of WENN common stock, which the report said was worth $1.25 million. Further, Kodak is set to receive 3 million KODAKCoins following the completion … Continue reading Kodak Could Earn $5 Million for ICO Brand Licensing Deal!
Twitter is reportedly preparing to prohibit advertisements for ICOs, token sales, and cryptocurrency wallets. The new advertising policy is expected to come into effect in a couple weeks. The microblogging site is said to impose a ban on ads for crypto exchanges, as well, bar a few exceptions. The policy change is yet to be confirmed officially. Some Trading Platforms May be Excluded from the … Continue reading Twitter is preparing a ban for crypto ads!
According to local reports the Japanese firm Mikan Co. Ltd., creator of the Mikan (英単語アプリ) English language app has announced the beta-launch of a bitcoin cash (BCH) only mobile wallet for iOS and Android. The Tokyo based firm, Mikan, has announced the beta-launch of a bitcoin cash wallet called Yenom which will be released in late March. The Japanese company established in 2014 is well known … Continue reading Japanese Firm Mikan will launch Bitcoin Cash Wallet!
According to a recent study of 100 U.S. based merchants that use Square Inc.’s payment technology — a good majority surveyed are open to taking bitcoin as a form of payment. Nomura Instinet surveyed merchants who made at least $100,000 in annual revenue and 60 percent said they would accept bitcoin instead of USD. During the first month of 2018, the cryptocurrency proponent and Square CEO Jack … Continue reading 60% of Square Merchants Are Willing to Accept Bitcoin!