Posts Tagged: Ethereum

Criminals Drop Bitcoin in Favour of Other Cryptocurrencies for Anonymity

Cryptocurrencies

Criminals are dropping bitcoin in favour of other cryptocurrencies in a bid to achieve greater anonymity for their criminal activities. That’s according to the co-founder and president of Blockchain Intelligence Group. He estimates that the number of illegal transactions involving bitcoin fell from half the total volume to around 20 percent last year. In an interview with… Read more »

Bitcoin Price Soars to New All-Time Record High Above $4,600

Bitcoin Price

The number one digital currency has gone and done it again. The bitcoin price has scaled to over $4,600 for the first time, pushing its market cap value to over $76 billion. At 13:54 UTC, on the 29th August, the bitcoin price was recorded at $4,602. As a result, the combined market value soared to… Read more »

Morgan Stanley: We Don’t Expect Cryptocurrencies to be Fully Disruptive

Cryptocurrencies

Leading global financial services firm Morgan Stanley has given its view as to how disruptive cryptocurrencies are going to be to fiat monies. According to the bank, the crypto-revolution is not going to replace traditional currencies. In a report, Morgan Stanley said: “We think that cryptocurrencies as a group are likely to see some adoption… Read more »

10 Digital Currencies Now Have Market Values Totalling Over $1 Billion

Digital Currencies

The number of digital currencies that have exceeded a market value of $1 billion is 10 with values ranging from $1.3 billion to $70 billion. The top 10 cryptocurrencies with market values exceeding $1 billion include bitcoin, ethereum, ripple, bitcoin cash, IOTA, litecoin, NEO, NEM, dash and ethereum classic.   Bitcoin, the Number One Ranking… Read more »

Goldman Sachs: It’s Harder for Investors to Ignore Digital Currencies

Digital Currencies

Goldman Sachs has said to clients that the boom in value that digital currencies are experiencing is ‘worth watching.’ Analyst Robert D. Boroujerdi and his team, said in a note to portfolio managers, that: “With the total value nearly $120 billion, it’s getting harder for institutional investors to ignore cryptocurrencies.” On the 5th August, the… Read more »

Russian Airline Uses the Ethereum Blockchain for Flight Tickets

Russian Airline S7 Ethereum

Russian airline S7 has revealed that it is now utilising the ethereum blockchain to sell flight tickets with backing from the country’s largest private bank. Reported in regional newspaper Kommersant, Russian airline PJSC Siberia Airlines, known as S7, and Alfa-Bank started using the blockchain to sell flight tickets on Monday 24th July. The report states that one of… Read more »

Ethereum Co-Founder Hoskinson Claims ICOs Are ‘a Ticking Time-Bomb’

ICOs

The popularity of initial coin offerings (ICOs) has taken off to such an extent that ethereum’s co-founder has said that there is now ‘an over-tokenisation of things.’ Speaking in an interview Charles Hoskinson, who helped to create the ethereum network, said: “People say ICOs are great for ethereum because, look at the price, but it’s a… Read more »