Global Blockchain Patent Filings Spiked In 2017!

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!

Gox: “Bitcoin market crash is not our fault!”

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!”

Bitcoin lost appeal to criminals: Europol sees other cryptocurrencies ahead!

Many states and regulators are worried that Bitcoin is gaining popularity, especially among criminals, and is becoming increasingly unfounded, according to the latest findings. Europol’s law enforcement agency, Europol, has come to an interesting realization regarding the use of digital currencies for criminal activity. Attractiveness lost Cryptocurrencies have a dubious reputation. Especially for the oldest and most successful representative among the digital tokens, Bitcoin, critics call … Continue reading Bitcoin lost appeal to criminals: Europol sees other cryptocurrencies ahead!

Alleged “Bitcoin founder” sued for ten billion Dollars!

Craig Wright and Dave Kleiman were among the first Bitcoin miners – this is now reopened in court! Dave Kleiman brings his former business partner Craig Wright in court. He accused for stealing Bitcoin worth up to $ 10 billion from Kleiman’s estate. This ends the story of two of the first Bitcoin miners in the courtroom – and possibly even the previously anonymous Bitcoin … Continue reading Alleged “Bitcoin founder” sued for ten billion Dollars!

Saudi Arabia: Central Bank wants to cooperate with Ripple!

Good news for US startup Ripple Labs. Saudi Arabian Central Bank wants to test its payment solution xCurrent as part of a pilot project. The aim of the test series is to enable as many guest workers as possible and inexpensive transfers to their home countries. Saudi Arabian Monetary Authority (SAMA) is the Central Bank of Saudi Arabia. Ripple announced on Wednesday that they entered into a … Continue reading Saudi Arabia: Central Bank wants to cooperate with Ripple!

ECB / Mersh: Bitcoin can not compete with real-time payment systems!

According to ECB Director Yves Mersch, private crypto currencies such as Bitcoin, have no chance of keeping up with ease of use, speed and security with the real-time payment system supported by the European Central Bank (ECB). At the event in Paris, Mersh asked the industry to provide quickly customer-friendly solutions for real-time payments at so-called point of sale (supermarket checkouts, service providers). “European real-time … Continue reading ECB / Mersh: Bitcoin can not compete with real-time payment systems!

Island fears power shortage because of Bitcoin!

Iceland is attracting more and more data centers producing Bitcoin because of its low electricity prices. In 2018, their energy consumption could exceed in all households. High energy consumption to generate digital currency Bitcoin, continues to make headlines. Island-based Bitcoin producers are expected to consume more electricity this year than all Iceland’s private households combined, said spokesman for the Icelandic energy company HS Orkas, Johann Snorri Sigurbergsson, the … Continue reading Island fears power shortage because of Bitcoin!

Did Visa manipulate Bitcoin price?

On Friday morning, VISA closed hundreds and thousands of debit cards, without warning, from one second to the next. Cryptopay, XAPO, Wirexapp, AdvCash, TenX .. The list of affected Bitcoin debit card providers is very long. A multitude of international maps and pretty much all European VISA debit cards that could be charged with digital currencies like Bitcoin were blocked. Thesis # 1: Is this the prelude … Continue reading Did Visa manipulate Bitcoin price?

The Austrian School – What is money actually?

Human interaction and forms of commerce Fundamental understanding of “money”, why it exists, which properties it usually possesses and what it enables society, helps us a simple thought experiment: Direct economy exchange Imagine Crusoe and Freitag are isolated on an island. Crusoe catches fish and Freitag collects berries. At the end of the day they exchange with each other. No money is needed here; Crusoe gives fish, Freitag gives … Continue reading The Austrian School – What is money actually?

NVIDIA: Graphics card manufacturer profits from cryptocurrency mining!

According to news released yesterday, NVIDIA Corporation was able to increase significantly again. Revenues increased 34% to $ 2.91 billion in the last quarter of 2017 from the last year. Frequent sale of high-priced graphics cards for crypto – mining has also contributed to the positive development of the company. The share price is significantly bigger after announcement of the sales figures. NVIDIA announced and exceeded analysts’ expectations clear yesterday. The reason for good business is … Continue reading NVIDIA: Graphics card manufacturer profits from cryptocurrency mining!