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Major Payment Processor Files Patent for Blockchain-based ATM Network

China UnionPay has filed a patent for a system that utilizes Blockchain technology to connect a network of automated teller machines (ATMs). Under the concept, a group of...

Vietnam Is Preparing to Legally Recognize Bitcoin

Vietnam's prime minister has approved a plan that could see the country formally recognize bitcoin as a form of payment by 2018. According to regional news...

Tether Case, Explained

1. What is Tether? Tether is a cryptocurrency that represents real currencies in a Blockchain market. The project was founded in November 2015. It has two tokens...

SEC Suspends Trading of Publicly Listed Bitcoin Firm

The U.S. Securities and Exchange Commission (SEC) has issued a temporary suspension of First Bitcoin Capital, a publicly-traded bitcoin firm based out of Canada. According...

Canada Looking To Classify Digital Currencies As Securities

In studying a number of cryptocurrencies and upcoming ICOs, Canadian authorities have said that the offerings are similar to the sale of securities and...

Why Did Litecoin Hit $50 For the First Time in August?

Litecoin price surpassed the $50 mark for the first time in August due to two major factors: compatibility with bitcoin as a result of...