UK Treasury Committee Calls for End to ‘Wild West Situation’ in Crypto Market

The U.K. Treasury Committee is calling for cryptocurrency regulations in order to protect investors, the BBC reported September 18. The committee of Members of Parliament (MPs) in the House of Commons has reportedly called for a resolution to certain issues surrounding digital currency such as listing price volatility, poor consumer protection, the risk of hacker …

Developer Completes ‘Proof-of-Life’ Off-Grid Crypto Transaction Primed for Post-Apocalypse

A developer known as “Daniel Jones” on Twitter claims to have completed a solar-powered, off-grid crypto transaction using shortwave radio and blockchain, The Next Web reports Tuesday, September 18. The project was reportedly devised in response to the CallForCode challenge, which challenges tech innovators to improvise with existing tools in order to find relief solutions …

Cryptocurrencies Are ‘Perfect,’ But Often Used for Illicit Activities

Cryptocurrencies are “perfect”, but are often used for bad purposes, executive chairman of multinational Spanish banking group Banco Bilbao Vizcaya Argentaria (BBVA) Francisco Gonzalez Rodriguez stated in an interview with CNBC Friday, September 14. Gonzalez has claimed that the world is going through “an incredible digital revolution” which will eventually lead to a new world …

Binance to Start Closed Beta Testing of New Crypto-Fiat Exchange in Singapore

Binance, the largest global crypto exchange, will soon start private beta testing a crypto-fiat exchange in Singapore, as Binance co-founder and CEO Changpeng Zhao (CZ) tweeted on September 15. As Changpeng Zhao revealed, the testing will be launched on September 18: “I just slipped that we will begin #Binance Singapore fiat exchange live money closed …

Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System

South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16. Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank, …

World Economic Forum Outlines Over 65 Blockchain Use Cases for Environmental Protection

The World Economic Forum (WEF) foundation has outlined more than 65 blockchain use cases for solving the “most pressing” environmental challenges, in a report published September 14. In the report, titled “Building Block(chain)s for a Better Planet,” the Switzerland-based WEF has highlighted a large number of blockchain applications that could be used to help solve …

Is Crypto The New Dot-Com Bubble?

If you have ever encountered the word ‘cryptocurrency’ or ‘bitcoin,’ there is a solid chance that within the same paragraph or even sentence the word ‘bubble’ could also be found. Bubble has indeed become a shibboleth for crypto sceptics, especially after the market soared at the end of 2017, and the widening gap between valuation …