Earlier this week, the Securities and Exchange Commission (SEC) filed a complaint with the Federal Court in New York seeking to freeze all U.S. assets of Quebec-based cryptocurrency startup PlexCoin, including the personal assets of founders Dominic Lacroix and Sabrina Paradis-Royer. The company’s Canadian assets have already been frozen by Quebec’s regulatory agency, the Autorité […]

On his weekly television address on Sunday, Venezuelan President Nicolás Maduro announced plans for the country to develop a state-backed cryptocurrency. Apart from revealing the proposed digital currency’s name — the Petro — and claims that it will be backed by the country’s oil, gas, gold and diamond wealth, Maduro provided few details about the […]

Digital goods are the gaming industry’s trillion-dollar opportunity. Here’s why. Each year, the gaming industry generates more than $100 billion in revenue. Around 87% of that annual revenue—$94.4 billion—comes from the digital gaming industry. And that’s just the tip of the iceberg. Why? Because that digital gaming figure only includes publisher-purchased goods, not the ones […]

Here in the U.S., a major political battle is currently taking place over “net neutrality.” At the core of this discussion is a simple question: Should the giant telecom companies be able to control how their customers access and use the internet? Not surprisingly, the telecom giants have spent tens of millions of dollars on […]

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Speaking to an audience at the Insurance Institute of Zimbabwe annual conference earlier this month, Reserve Bank of Zimbabwe Director Normal Mataruka said that cryptocurrencies and related investments are “not actually legal” in the country. As reported by NewsDay, Mataruka took a firm stance against cryptocurrency in the country, saying “In Southern Africa, what we […]

ICOs (Initial Coin Offerings) are one of the hottest topics of the year because it’s an easy way to raise cash. An ICO allows businesses to raise capital. In an ICO, Businesses sell virtual tokens to supporters that can be exchanged and traded for other currencies or used to buy goods or services from that […]

In recent months, trading values for the major cryptocurrencies have experienced explosive upward growth. At the time of this writing, BTC is trading at an all-time-high of $9,700, with major players like Ether (also the major fuel behind many ICOs), Litecoin, and Ripple seeing similar price growth. To a casual observer, this can easily be […]

If you have any type of a connection to the cryptocurrency industry, you have become extremely aware of ICO’s. They are the most popular topic right now because everyone just wants to buy coins in hopes of major returns. It is gambling at its finest.   ICO is a relatively new concept of raising funds […]

Blockchain has come a long way in eight years, with 2017 signaling the start of a paradigm shift in mainstream understanding of the technology. Blockchain-backed currencies have caught fire over the past nine months, partly in anticipation of major disruptions in the financial industry as a result of the distributed ledger. Blockchain’s appeal has helped […]