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South African Payment Gateway Drops BTC Over Fees and Network Congestion


On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...

Ethereum Price Analysis: Ethereum Dips Over 3% in Past 24 hours. What Next?


Ethereum price slump extended, where it took the coin even below its major support level of $265 yesterday. Today, the coin has elevated from that fall and is currently trading at $275.06. However, Bitcoin even fell below its major support level of $11,000. Just when the crypto community thought...

The Cryptocurrency Projects Pursuing a Path to Decentralization 


Decentralization over time is an ethos that many crypto projects espouse. To date, however, few have completed this journey. Talking the talk is easy, but when it comes down to it, only a handful of projects are bold enough to walk the walk and willingly entrust their fate to the community. Also...

JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War


A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...

Kakao and Samsung ‘in Talks’ Over Blockchain Collaboration - Report


Reports in South Korea claim that the Kakao Group may be holding discussions with Samsung about possible blockchain cooperation. The mainnet of Kakao’s Ground X subsidiary Klaytn has recently gone live, and Kakao has now announced that it is working on a cryptocurrency wallet that will be able...

Bitcoin Cash Scaling Benchmarks, Brewdog, and Rising Transaction Volume


Over the last week, there’s been lots of going on within the Bitcoin Cash (BCH) environment with companies implementing BCH support, new applications, and various announcements. While Bitcoin Cash supporters keep bolstering adoption, development and community projects have continued...

Competing Stablecoins Can’t Topple Tether


Love, hate or fear it, there’s no avoiding tether (USDT). Its shadow looms over the cryptoconomy, supplying sanctuary in times of volatility, providing fiat capital inflow and acting as a lightning rod for crypto critics who believe it’s propping up the price of bitcoin. Over the past...

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