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Here are the top stories for each day in July 2018 in the cryptocurrency world (focus on U.S.): 1st – Investment into Overstock’s Cryptocurrency Exchange Causes Share Price to Rocket 2nd – IBM-Powered Blockchain Platform Completes First Live Trades Via Five Major Banks 3rd – The IRS Just Launched an International Coalition to Investigate Cryptocurrency…
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Out of all the buzz surrounding crypto in Washington last week, a bold initiative spearheaded by the Consumer Financial Protection Bureau (CFPB) stood out as one of the biggest steps forward, reports CryptoSlate. In a press release held on July 18, CFPB director Mick Mulvaney announced the formation of a new office of innovation and…
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Though we have already announced the winner of the Summer 2018 BitIRA U scholarship, one of the honorable mentions was an essay by Dylan Love titled “Cryptocurrency: A Decentralized Global Economy”. Dylan, a graduate student at Columbia College in Chicago, writes about how cryptocurrencies are a unique means of exchange when compared to the way…
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In his latest column on CoinDesk, crypto expert Michael J. Casey examines whether the hype and hysteria cycles surrounding digital currencies today could pave the way for a major societal breakthrough. As Casey points out, crypto detractors are quick to compare the market’s recent growth to the Tulip Mania of the 17th century, the South…
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While the winner of the Summer 2018 BitIRA U Scholarship has been announced, there are a couple of honorable mentions that were close contenders for the scholarship. One such essay is by Jordan Newman of the Chicago Medical School at Rosalind Franklin University. Jordan wrote his essay, titled “The Impending Blockchain Revolution”, and described how…
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Cryptocurrencies have what it takes to compete with fiat money and stand a good chance of surpassing it in the near future, according to a recent study. A collaboration between London’s Imperial College and the trading platform eToro examined the prospects of digital currencies against established forms of money, as reported by Cointelegraph. The study…
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The July 2018 edition of the Crypto Security Report is available for download. This is the inaugural report in a series that succinctly summarizes the latest news in the blockchain industry related to cryptocurrency security that investors need to know. Get informed about the most up to date developments in crypto security to equip yourself…
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BitIRA is happy to announce that we have chosen a winner for the inaugural BitIRA U Scholarship of $1,000! The purpose of the scholarship was for college students (and those in their final year of high school) to think about and share their vision of how blockchain and cryptocurrency technology will change the world in…
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In a world where many regions face bleak prospects for the future, cryptocurrencies and other blockchain technologies could be used to improve the living conditions in third-world countries. While they are generally seen as a first-world commodity, Parul Gujral writes for The Market Mogul that blockchain technology could also be applied to developing countries in…
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