KYC & AML: Could this Really be the End of the Decentralized Era?

If you’ve been following the news and tendencies of the crypto world, you should certainly know about Know Your Customer (KYC) and Anti-Money Laundering (AML) processes. Designed to make blockchain-supported transactions more transparent and secure, these procedures have been frequently subject to criticism. But what led to such pervasive criticism? And what is so controversial…

How Restaurants Could Help Bitcoin Growth

Bitcoin is a distributed, worldwide, decentralized, digital money. The advantage of Bitcoin is that there is no central authority like a bank, company, or government issuing Bitcoin. Bitcoin might be intimidating to most restaurant owners because it’s not integrated with most POS systems. For retailers and POS companies, Bitcoin is a better alternative to credit…

XRP and Stellar (XLM) Updates: Will They Break through the Red?

Most of the cryptocurrency market is trading in the red this morning, but the movement is trending upwards, and coins are beginning to flip green. Stellar (XLM) is just at the cusp of making the transition to positive market gains, but XRP, the coin created by Ripple, is falling far behind. Let’s take a closer…

Time Magazine Includes Blockchain Startup in Its 50 ‘Genius Companies 2018’ List

American journal Time Magazine has included a blockchain startup in its recent top 50 “Genius Companies 2018″ list, published Thursday, October 4.In putting together the list, the magazine asked their editors and correspondents to name “businesses that are inventing the future.” Influence and success were among the criteria for the choice. Bitland, a blockchain startup…

Chinese University Proposes Managing Web Domains On a Blockchain

A major Chinese university is proposing blockchain technology as a better way to manage web domain names. According to a patent application published Thursday by the U.S. Patent and Trademark Office, the Shenzhen Graduate School at Peking University is examining how a “consortium blockchain” can improve security and efficiency in managing top-level domains (TLDs) While…

Announcing the Cryptocurrency Security Guide from BitIRA

There’s no doubt that Americans are showing more and more interest in cryptocurrency. A recent survey from LendEDU found that Bitcoin ownership in the U.S. is just below 14%, with over 17% interested in adding it to their portfolio in the future. One of the biggest barriers for investors to enter cryptocurrency investing is security.…

Cybersecurity Firm: Fortnite Gamers Targeted by Malware That Steals BTC Addresses

Cybersecurity firm Malwarebytes has found that scammers are using malware that targets the Bitcoin (BTC) wallet addresses of Fortnite gamers, according to a post published October 2.Fortnite is currently one of the most popular video games in the world, with reports suggesting that 125 million people are active players.Malwarebytes has investigated the game’s online ecosystem…

StellarX is Officially Launched but XLM Remains Red

Today, StellarX launches! StellarX is the Stellar network-based zero-fee decentralized cryptocurrency exchange. The company behind the platform, Interstellar, announced the upcoming launch via a Medium blog post on September 28th. XLM has yet to be positively affected by the news. StellarX Launches! Previously, StellarX was open only to a number of individuals who signed up…

US Brokerage Firm TD Ameritrade to Invest in New Crypto Exchange

Retail brokerage firm TD Ameritrade has announced that it is backing new crypto exchange ErisX, according to a press release published on the company’s website Wednesday, October 3.TD Ameritrade, which currently provides investment services to up to 11 million clients, did not reveal the details of the deal. However, according to Bloomberg, investing company DRW Holdings…