New Podcast Episode with Tim Swanson of R3

During this week’s podcast our host, Richard Jacobs, sits down with Tim Swanson, Director of Market Research of R3 consortium. They discuss blockchain, banking, and the mission of R3 as a banking company interested in blockchain and distributed ledgers.  Also read: South Africa Will Begin Testing Bitcoin and Crypto Regulations Swanson defines blockchain technology and[…]

South Africa Will Begin Testing Bitcoin and Crypto Regulations

The South African Reserve Bank has announced that it will trial cryptocurrency regulations. Loerien Gamaroff, CEO of Bankymoon, has revealed that his company has been selected as the first business to trial the new regulations. Also Read: Increased South African Bitcoin Adoption Highlights Need for Taxation Clarity South Africa Has Been Among the Slowest of the[…]

Ethereum’s Parity Client Users Lose Millions in a Multi-Sig Hack

On July 19 the ethereum community was warned that the Parity client version 1.5 and above contained a critical vulnerability in the multi-signature wallet feature. Further, a group of multi-signature “black hat exploiters” has managed to drain 150,000 ether from multi-sig wallets and ICO projects. Also Read: Ethereum Millionaires Might Be Attracting Attention From Regulators A[…]

U.S. Congressman Says ‘Digital Currencies Are Not Compliant’

On July 8 the Financial Services Committee for the U.S. House of Representatives held a hearing concerning digital currencies. The meeting discussed the implications of virtual currencies in regards to financial innovation and national security. During the event, the Republican Texas Congressman Roger Williams asked for increased digital currency regulation to fend off terrorist funding[…]

Counterparty Experiences Millionth Transaction

Counterparty recently experienced its millionth transaction. This is good news for the bitcoin-based smart contracting platform. It appears the Counterparty ecosystem is developing healthily and rapidly.  Also read: Following Money Through the Bitcoin Laundry Is Not So Easy Counterparty’s community manager, Shawn Leary, told about their growth: “Counterparty was excited to see our one millionth[…]

Kraken Estimates Last Quarter’s Trading Volume 10x Previous High

Kraken’s CEO, Jesse Powell, has stated the cryptocurrency exchange’s volume during the second quarter of 2017 comprised 10x more trade than during the company’s preceding all time high. Despite this incredible spike in volume, Powell speculated that the cryptocurrency markets will likely see growth of 10x to 100x in coming years. Also Read: Class Action Lawsuit Filed[…]

Following Money Through the Bitcoin Laundry Is Not So Easy

Just recently there was a small ransomware outburst called “Peyta” that attacked various computers around the world. The creators of Peyta didn’t make as much money as the Wannacry extortionists had made a few weeks earlier, as Petya only raked in around $8,000 worth of BTC. However, the money the hackers accumulated has moved and following[…]

PR: Bitaccess Reveals EFT Is Available to Buy Bitcoin and Ethereum

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. does not endorse nor support this product/service. is not responsible for or liable for any content, accuracy or quality within the press release. Bitaccess announces the expansion of their purchasing methods to include EFT[…]