Siam Commercial Bank Utilizing Ripple Rails for New Instant Payments App

Thailand’s Siam Commercial Bank (SCB) says it’s building a new app that uses Ripple’s payments technology to allow tourists to pay for goods and services without needing to convert currencies. Thailand’s oldest bank is a longtime Ripple partner and launched a Ripple-powered cross-border payments app called “SCB Easy” back in January. Now, SCB says it’s […]

Can Bitcoin Preserve Wealth in an Era of Money Printing?

In an era of easy money and cheap credit, America’s central bank may soon be out of options to stimulate the economy. But when the ticker drops, can Bitcoin really catch fleeing investors? The Fed flooded markets with cheap credit over the last decade, despite the resilient economic activity during this period. A reliance on […]

Microsoft Files Patent Application for Crypto Mining System Powered by Human Activity

Microsoft has proposed a system that can mine cryptocurrencies using data collected from humans as they exercise or read an advertisement. In a patent application filed with the World Intellectual Property Organization (WIPO) Thursday, the American computer giant said sensors could detect activity associated with specific tasks – such as time spent viewing ads – […]

CMC100-Report (Week 13/2020): Ripple and Monero Showcase Huge Gains

The cryptocurrency markets are showing further signs of recovery as the total market cap increased for the second week in a row. Among the top-10 cryptocurrencies, only Ripple (XRP) stood out as a significant gainer against Bitcoin (BTC). The price of XRP increased by +11.4% to 2,844 satoshis. After a weak month, Monero (XMR) was […]

First Game Built on Tezos Blockchain Preparing for Alpha Launch

Tezos (XTZ) co-founder Kathleen Breitman is preparing to launch the alpha version of the game built on top of Tezos – a crypto-powered collectible card game called ‘Emergents.’ Emergents’ in-game cards will comprise non-fungible tokens (NFTs) that players have full ownership over. Coase intends to comprise both the primary and secondary marketplace for the cards. […]

These Five Altcoins Have Emerged As Most Preferred Alternative Crypto Assets

A recent survey conducted by cryptocurrency exchange Kraken has unearthed some interesting insights about cryptocurrencies and the respondents’ views about their future. The survey findings indicated that besides Bitcoin, the respondents had a positive outlook on some major altcoins. Accordingly, Ethereum, Monero, XRP, Litecoin, and Tezos were the five most preferred altcoins in that order. […]

Bitcoin’s Bull Run May Now Immediately Follow Halving, Jihan Wu Says

Bitmain co-founder Jihan Wu says the bull run for bitcoin prices may not come immediately after the halving event in May.  Wu, who co-founded and served as CEO of mining rig manufacturing giant Bitmain before stepping down last year, told 8BTC the price run for bitcoin will likely be delayed following the halving.  Wu said he […]

Bitcoin Miners Are Selling Coins Faster Than They Can Generate Them

According to data sites and a number of observers, bitcoin miners are selling coins faster than they can produce them. Ever since the market downturn on March 12 and the week of falling prices that followed, bitcoin miners have been struggling. Miners Sell More Bitcoin Than They Generate On March 26, news.Bitcoin.com reported on how […]

Microsoft Files Patent To Mine Cryptocurrencies With Verified Body Activity Data

Giant software manufacturer, Microsoft is seeking to capitalize on the new crypto hype. The firm is seeking to introduce its own cryptocurrency that will be mined using human energy replacing the costly mining process that is used today, Bitcoinist reports. As per patent documents, the proposed Microsoft cryptocurrency will utilize body activity data. The company […]

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