The president of BaFin thinks blockchain-based applications are "revolutionary" and could turn the entire financial sector "upside down."

Despite bitcoin and other cryptocurrencies currently hovering near their lows for the year, interest in the nascent technology is expected to more than double in the future in the United States and Europe. This is according to a study conducted by ING Bank…

This week the cryptocurrency firm Circle revealed it has seen a significant uptick in institutional interest. According to Circle CEO and co-founder, Jeremy Allaire says even though cryptocurrency markets were down in during the month of May the company saw…

A study conducted by Diar has revealed that “the reliability of successfully routing a payment on the Lightning Network is still quite low.” Diar provides analysis of significant developments within the global digital currency industry. The Lightning Network (LN)…

Cryptocurrency exchange Bithumb claims that it has recovered nearly half of the funds stolen in a recent high-profile hack at the South Korean trading platform. As CCN reported, hackers breached Bithumb’s online hot wallets on June 20, making off with approximately…

Leading U.S. cryptocurrency exchange and wallet provider Coinbase announced today, June 28, that they are opening a new office on the west coast of the United States in Portland, Oregon. According to a statement on the Coinbase blog, the exchange had considered…

The world’s largest cryptocurrency exchange has opened shop in Africa to offer fiat trading pairs for the first time. In an announcement on Thursday, the company announced the launch of its first ever fiat crypto exchange – Binance Uganda. The exchange will…

Adult entertainment giant Pornhub announced that they will now accept payments from users in Tron (TRX) and ZenCash (ZEN). A June 27 tweet from Pornhub announced the update, saying that TRX and ZEN would be accepted as payment for Pornhub Premium, which allows…

Millennial Living in 2018: Insights for the UK ‘Build-to-Rent’ Sector, a study in conjunction with FTI Consulting, commemorates real estate group Get Living’s 5th anniversary. Focusing on millennials, it found significant portions turning away from traditional…

Recent floods in the Sichuan province of China have reportedly resulted in heavy damage to a major cryptocurrency mining operation in the area. The news was published on a local blockchain and crypto information platform Golden Finance (金色财经) June 30. Ecns…

After shuttering its doors nine months ago, the world’s oldest cryptocurrency exchange is relaunching its exchange platform for business and has revealed its plan to launch its own token in the future. BTCC on Monday announced the launch of its revamped exchange…

The Bank of Finland released a paper on June 21 titled “The Great Illusion of Cryptocurrencies,” explaining why they think the concept of a digital currency is a “fallacy.” The paper, written by Aleksi Grym, Adviser on Digitalization and Head of the Digital…

A Japanese district court has, for the first time, sentenced a man to prison in a remote crypto mining case. The case follows the arrests of Coinhive users by the police in 10 prefectures. However, this case is different from previously discussed cases of…

The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing…

Microsoft Taiwan has entered a partnership with Digital China and Hot Cool in the hope that the three companies can use blockchain technology to improve the financial, e-commerce, entertainment, and other industries. The three-party blockchain alliance unveiled…

One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. In a warning statement, Zebpay said current events were “beyond…

The President of Uzbekistan has signed a decree on the development and integration of blockchain technology, cryptoassets, and crypto mining with the goal of modernizing the state administration system and advancing digital economics in the country. President…

A newly-published Western Union patent envisions a system that manages recurring transfer notifications and secure payments for a cryptocurrency network. According to filing documents published by the U.S. Patent and Trademark Office on Thursday, the Englewood…

Just recently news.Bitcoin.com reported on the development of a decentralized crowdfunding application powered by the Bitcoin Cash (BCH) network called Lighthouse.cash. The project was first initiated by Mike Hearn years ago, but Lighthouse was abandoned…

The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. Also read: Yahoo!…