Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 12 October 2018

  Crypto News & Analysis Crypto crime has become an issue of mega proportions. The incidences of major crypto crimes do get reported. But the significance of their magnitude may be overlooked. Crypto criminals have been able to steal more than US $900 million in 2018. These high tech criminals have not been apprehended and are still on the loose pillaging security weaknesses involving cryptocurrency exchanges and unsuspecting crypto owners. In order to give you a better perspective, reported crypto crimes of 2017 totaled $266 million.     The crypto…

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Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 5 October, 2018

  Crypto News & Analysis   A historic event has occurred in the world of cryptocurrencies. Venezuela has gone full speed ahead and has endorsed their own national cryptocurrency, the Petro. The Petro does not fit the full definition of a decentralized cryptocurrency or a stablecoin. But what it does demonstrate is the willingness of an independent sovereign nation to adopt the use of a digital currency. And that fact is huge in the evolution of cryptos.     The concept behind decentralized cryptocurrencies was initially to be free from…

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Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 28 September 2018

  Crypto News & Analysis An Initial Coin Offering (ICO) that is compliant to the standards of the Securities and Exchange Commission is a newsworthy item. The funds being raised through ICOs around the world have been significant. The first 6 months of 2018 reigned in nearly US $14 billion dollars in funding through ICOs, almost double the total amount raised in all of 2017.     BlockSafe Technologies has announced the launching of their SEC approved Security Token Offering (STO). BlockSafe has been in the business of providing cyber…

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Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 21 September 2018

Crypto News & Analysis The government of Switzerland has announced that it plans to tokenize their national currency, the Swiss Franc. A cryptocurrency that is backed by a fiat currency is referred to as a stablecoin. The perception is that a tokenized fiat currency is less volatile in price swings than its purely digital counterpart. The stablecoin proposed by Switzerland will not be the first of its kind. There is a stablecoin backed by the United State Dollar, the Tether, the United States Dollar Token (USDT). The Russian government has…

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Crypto News, Analysis, Forecasts, ICOs and Events for the week ending 9/14/2018

    Crypto News & Analysis It’s ironic how the Chinese government restricts its citizens from engaging with cryptocurrencies, and at the same time, Chinese companies like Bitmain dominate the industry. The Chinese government has blocked access to 124 foreign cryptocurrency exchanges that offer their services to Chinese citizens. VPNs have helped Chinese traders of Cryptos get around the government imposed restrictions.   The Cryptocurrency Exchanges have also found ways to circumvent the ban by relaunching themselves with new domain names that are registered in other countries outside of China.…

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