The cryptocurrency skeptic and author of the book "The Rise of Money" Niall Ferguson admitted that he was wrong when he criticized Bitcoin and blockchain technology, calling them "a complete illusion."
"I was very wrong," Ferguson said. "Wrong to think there was no … use for a form of currency based on blockchain technology."
Researchers at Rutgers University have discovered a link between the excessive passion for cryptocurrency trading and gambling addiction.
According to researchers, "avid gamblers" can perceive cryptocurrency trading as an additional activity associated with high risk. The study involved 876 adults who made bets in gambling at least once a month during the last year. The researchers called them "avid players." It was found that over 50% of these players also traded a cryptocurrency during the same 12-month period.
The Aerum ecosystem is presented to the crypto sector with a platform for the disruption of the sector. In itself, it resembles the increasingly common Hubs. A Hub is a space (virtual or physical) where entrepreneurs come together creating synergies. Their influence is, sometimes, so great that they convert in favor of optimizing the usual model of the sector; see both in its complete remodeling and digital replicas. This creates new paradigms in traditional sectors and opens the door to new sectors due to the great innovation that community work brings. It can be said that it offers a variety of options in most cases. And it can become a turning point for businesses with great possibilities of disappearing due to the obsolescence of their service.
The chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, said that ETHEREUM and similar cryptocurrencies could eventually lose the status of securities.
In June 2018, the head of the SEC corporate finance division, William Hinman, stated that the decentralized structure of the Ethereum network does not allow for proper application of securities laws to this cryptocurrency. At that time, some saw in Hinman's statement an important step towards eliminating uncertainty in the regulation of digital assets, while others thought that was not enough.
Blockchain could change the financial world during the global financial crisis in 2008.
This opinion was expressed by the Chairman of the US Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, speaking at the fourth annual DC Blockchain Summit in Washington. According to him, the use of the blockchain would change the response of the regulators at that time.
Cryptoanarchists dream of buying a cup of coffee for Bitcoin is getting closer to realization. Perhaps, by the end of the year, Bitcoins will be able to pay off in the world's largest network of coffee shops Starbucks.
This will be possible thanks to the cooperation with the Bakkt platform, which has not yet been launched, in the creation of which Starbucks takes an active part.
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Co-founder of Ethereum Vitalik Buterin said that when creating his project, he planned to solve the problem of the limited functionality of the first cryptocurrency.
The New York Times, citing anonymous sources on Facebook, reports that the largest social network has already prepared the launch of its own cryptocurrency and is already in talks with the exchanges on listing.
It is reported that we are talking about stablecoin under the brand of messenger WhatsApp. The new coin will be pegged to the US dollar and used for domestic and international transfers between friends and family members via instant messenger. In the future, Facebook users and Instagram users, whose audience counts in billions of users, will also be able to use the stablecoins.
Drife.one introduces the DRIFE platform, a decentralized transport ecosystem powered by the blockchain. DRIFE's objective is to disrupt the existing ride-hailing business model and eliminate the corporate intermediaries involved in the transactions. It's also a system designed to empower the value creators of the ride-hailing ecosystem. In the emerging market of private transport services, these value creators include drivers and community developers.
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