• New York, New York—a city so nice, they named it twice (via Pixabay).
    Technology

    Blockchain technology will drive digital cities: Report

    A new study predicts four technologies, including AI, internet of things, and 5G will have a $721 billion impact on the 60 largest digital cities over a decade

    New York City is and will remain the digital capital of the world—and blockchain is one of the technologies that will get it there, according to a new report.

  • Protestors in Hong Kong (Photo by Oscar Chan from Pexels).
    Asia & Australia,  Bitcoin

    Hong Kong’s Bitcoin spike: Foresight or fluke?

    A tremendous jump in trade volume on a small Hong Kong P2P exchange was touted as proof that Bitcoin is the new gold. But it may have just been a whale’s splash

    Bitcoin trades in Hong Kong saw a massive spike at the end of September—blowing past even the volumes seen at the height of the 2017 bubble—simultaneous to political unrest in the Chinese territory.     With nearly $12.3 million HKD (equivalent to $1.5 million in USD) traded in the week ending September 28 according to charts on peer-to-peer trading site Coin.dance’s LocalBitcoins, it was hard not to see a connection with escalating protests, anti-Chinese bank sentiment, and vandalism that recently caused ATMs to run dry, and panic-buying reported at supermarkets on October 7. It’s especially interesting considering the same Bitcoin (BTC) volume jump was seen, on a smaller scale, during the last…

  • Blockchain
    Technology

    Deloitte survey finds blockchain vital, overhyped

    Executives are seeing more business cases, but asking more questions

    While business executives around the world are growing more certain that blockchain will be a game changer, a new survey also reveals that skepticism remains. According to Deloitte, it’s 2019 Global Blockchain Survey finds the technology is entering a new phase, in which the question is no longer, “Will blockchain work?” but, “How can we make blockchain work for us?”

  • newspapers
    Bitcoin,  Cryptocurrencies,  Ethereum,  Media,  Ripple,  Tether,  United States

    Must-reads for September 26, 2018: Bitmain’s IPO filings, Dimon does blockchain, and other fun reads

    Here are the crypto stories you should be watching today

    The World’s Biggest Crypto Company Just Opened the Books for Its IPO (Bloomberg) If the word “Bitmain” isn’t aready synonymous in your head with “Bitcoin,” it’s time that it is. The China-based company makes the bulk of the ASIC mining machines that mine Bitcoin and other cryptocurrencies. And mining groups controlled by Bitmain oftentimes control more than half of all of Bitcoin’s network hashrate. It turns out mining all that crypto is equivalent to mining fiat. Bitmain, which on Wednesday filed to go public in Hong Kong, had a $742.7 million profit on $2.8 billion in revenue in the first half of 2018. Its return on equity is close to…