SIRIN Labs, a producer of privacy-focused smartphones, has managed to raise $110 mln in the first 24 hours of its recent token sale, according to a press release published by the team. The substantial response to their campaign is notable against a backdrop of the overall market of...
eBay, the $39 billion e-commerce platform, is seriously considering integrating Bitcoin into its platform as a payment method. In an interview with Yahoo Finance, eBay Americas senior vice president Scott Cutler stated that eBay is “seriously considering” integrating Bitcoin.Power of BitcoinThroughout the past 12 months, the stock price...
Mobile messaging startup Kik is planning to shift its Kin token network from ethereum to Stellar, CEO Ted Livingston confirmed on Wednesday. Speaking in a live question-and-answer session on YouTube, the company's founder argued that ethereum's blockchain – which the app is presently based on – is unable to scale to...
One of the most fun parts of the recent BlockShow Asia 2017 was meeting new great Blockchain-powered companies driving the industry in the APAC region; so was BitCar, a Singapore-based project which implements quite an innovative concept - peer-to-peer ownership of exotic cars. The Cointelegraph team had a...
Regulators, governments and tax men alike have been stumped as to how to keep up with the rapidly growing cryptocurrency market. It has seen a large grey area appear over the market in which incidents are usually handled as they come.To this end, the South African Revenue Service,...
The technical paper that's meant to provide the definitive rules for all computers running ethereum's software is falling out of date. Called the Yellow Paper, the document is what ethereum developers use as a reference when coding, and it's what clients rely on to stay on the same page with...
Denmark's Ministry of Foreign Affairs has released a new report on the applicability of blockchain to foreign aid. The study was prepared in conjunction with blockchain startup Coinify and Sustania, a think tank, in a bid to explore the ways in which the technology can help deliver assistance to...
In a video published on Tuesday, Israeli Prime Minister (PM) Benjamin Netanyahu claimed that the operation of traditional banks will eventually become obsolete and could be replaced by Bitcoin. He based his claim on the trustless nature of Blockchain technology and on Bitcoin’s continuous, notable growth this year.In...
The stereotype of the early Bitcoin adopter is one of a techie camped out in his mom’s basement mining Bitcoin by the hundreds, and now living the high life off the profits. In those early days there was little room or scope for women in the burgeoning technology...
One of the reasons that Bitcoin is capturing the hearts and minds of individuals is the stories of instant millionaires who have made their fortune from being an early adopter. People who were mining the coin or accumulating it by the hundred, and were smart enough to hold onto...