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US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst


Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin...

Here’s How Big-spending Chinese Firms Use their Blockchain R&D Money


A new study of how Chinese firms have been making use of the millions of dollars they have injected into blockchain technology has found that companies are prioritizing government-related developments and financial sector solutions. The report, published by Securities Daily (via East Money), looked...

Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified


Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...

Wirex Launching in US After Receiving State Money Transmission License


Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its “next-gen cryptocurrency platform linked to a spending card.” US Expansion Wirex announced Friday that it has received its first U.S. money transmission license and...

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