• Swedish krona
    Cryptocurrencies,  Technology

    Riksbank begins piloting a mobile app for the e-krona

    The central bank of Sweden is conducting a test with Accenture aimed at developing a technical proposal for digital cash

    Sweden is worried about the declining use of cash in the country, so it is looking into an alternative: a digital e-krona that will work on a mobile app and function similarly to cash.

  • Mike Bloomber
    Politics,  Regulation

    Bloomberg promises clarity for crypto as president

    Whether the billionaire’s ‘get tough on Wall Street’ platform will be good or bad for the cryptocurrency industry remains to be seen

    Presidential candidate Mike Bloomberg on Tuesday rolled out his plan to rein in Wall Street. As part of that, he wants to provide clear but tough regulations for cryptocurrency and initial coin offerings as well.

  • Titanic sinking
    Cryptocurrencies

    FCoin insolvent following incentive experiment gone awry

    To boost trading volume, the Singapore-based cryptocurrency exchange reimbursed fees for trades with its own FT coin

    FCoin, a cryptocurrency exchange based in Singapore, has halted all trading and withdrawals on its platform following the discovery that it is short some 7,000 to 13,000 bitcoin—worth roughly $70 million to $130 million at press time—and doesn’t have the funds to pay back users.

  • Justin Sun
    Cryptocurrencies,  People

    Steemit is moving on over to Tron

    After announcing a partnership deal, the social media platform is moving its Dapps and converting its token

    Steemit, the blockchain-based blogging site where users get paid in STEEM tokens for content, is migrating its users, tokens, and decentralized apps to the Tron blockchain.