Proof of Keys Event May Highlight Centralization of Crypto, but Some of Its Claims Are Unfounded

Bitcoin celebrated its 10th birthday on Jan. 3, and in commemoration of this milestone, the very first Proof of Keys event was held. Organized by crypto investor and podcast host Trace Mayer, it urged cryptocurrency traders to withdraw their holdings from crypto exchanges, in order to promote the decentralization and monetary independence on which Satoshi…

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Blockchain Travel Service to Offer Hotels 20 Percent Cheaper Than on Booking.com or AirBnb

The Europe-based company LockTrip wants to put the accommodation industry on the blockchain by creating “the first functional blockchain-based travel service.” The team says it already offers 100,000 hotels and more than 1,500 vacation rentals all over the world, with an average discount of almost 20 percent when compared to other booking sites — and…

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ConsenSys and AMD to Jointly Develop Blockchain-Based Cloud Computing Infrastructure

Blockchain software company ConsenSys, semiconductor producer AMD, and Abu-Dhabi-based investment management firm Halo Holdings are jointly working on a blockchain-based cloud computing infrastructure. ConsenSys announced the collaboration in a press release published on Jan. 4. Per the release, the companies have partnered to create the so called W3BCLOUD aimed at the development of AMD hardware-based…

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Jan. 4

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The first ever bitcoin was mined 10 years…

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Circle Executed $24 Billion in OTC Trades in 2018

The over-the-counter (OTC) trading desk at cryptocurrency finance firm Circle had a notional volume of $24 billion in 2018, according to an official Medium blog post on Jan. 3.   Per the statement, Circle executed 10,000 OTC trades with 600 different counterparties, at $24 billion in volume. As such, the company claims to have become…

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Indian Gov’t to Approach Crypto Regulation ‘With Due Caution’

The Indian government is approaching cryptocurrency regulation with caution, tech magazine Quartz reported Dec. 31, quoting Pon Radhakrishnan, the Minister of State in the Ministry of Finance and Ministry of Shipping. The latest episode in India’s increasingly drawn-out path to formalizing its domestic cryptocurrency economy, Radhakrishnan said that the lack of a “globally acceptable solution”…

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Major American Magazine Time Column Reports About Bitcoin’s Liberating Potential

Bitcoin (BTC) has a substantial liberating potential, American mainstream newspaper Time reports on Dec. 28. The aforementioned article claims that “speculation, fraud, and greed in the cryptocurrency and blockchain industry have overshadowed the real, liberating potential of Satoshi Nakamoto’s invention.” According to the article’s author, Bitcoin “can be a valuable financial tool as a censorship-resistant…

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Visa to Purchase Ripple Cross-Border Payments Partner Earthport

American payment services giant Visa Inc. is acquiring Ripple partner Earthport Plc, a payment network for cross-border transactions, Reuters U.K. reported Dec. 27. Founded in 1997, London-based Earthport is a financial services firm that offers cross-border payments service to banks and financial institutions. Earthport is a partner of tech company Ripple, where the partnership is…

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Crypto Markets in the Green Following Tough Losses

Friday, Dec. 28 — The top 20 cryptocurrencies are in the green after seeing some tough losses over the last couple of days. Some coins have registered double-digit increases over the last 24 hours, according to Coin360. Market visualization by Coin360 The leading digital currency Bitcoin (BTC) is up over 7 percent on the day,…

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Corporate Blockchain Adoption Reaches 44%, Says Survey

Indian telecoms giant Tata Communications named the key barriers to blockchain adoption for businesses globally, in a survey published Dec. 12. Part of a survey on emerging sectors — dubbed ‘The Cycle of Progress’ — Tata’s report noted concerns around costs, security and privacy as the “key adoption barriers for business decision makers” considering the…

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New Indian Governmental Committee Favors Legalizing Cryptocurrencies, Media Reports

A governmental committee in India has reportedly suggested that cryptocurrencies be legalized in the country, English-language local media TheNewIndianExpress (TNIE) reported on Dec. 26. According to the article, an unnamed senior official who reportedly attended the panel’s meetings on cryptocurrencies stated: “There is a general consensus that cryptocurrency cannot be dismissed as completely illegal. It…

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