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Digital Currencies vs. Cryptocurrencies, Explained

What are digital currencies?Digital currencies are money used on the Internet.Digital money exists only in the digital form. It doesn’t have any physical equivalent in the real world. Nevertheless, it has all the characteristics of traditional money. Just as classic fiat money, you can obtain, transfer or exchange it for another currency. You can use it to pay for the goods and services, such as

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That Business Is Absolutely on Fire, Nick Cowan Gives Thoughts on Crypto

Cointelegraph continues publishing interviews with prominent guests of BlockShow Asia 2017, that took place in Singapore in November 2017.This time we talked with Nick Cowan, managing director and founder of GSX, Gibraltar’s first regulated stock exchange. With his 30-years’ experience in the investment business and knowledge about the culture of business across the Eurasian continents, he is

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App Stores of Future Will Be Based on Blockchain, Promote Transparency

In 2017, app stores saw record revenues and downloads. Across both iOS and Android platforms, downloads grew by 15 percent year-over-year to reach nearly 50 billion worldwide, taking total revenue to $15 billion.Google Play and the Apple App Store are the most widely used mobile marketplaces across the globe. It’s because of this duopoly that they are able to impose a 30% cut on all purchases, a

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IOTA Drops 15% Following Clarification of Microsoft Misunderstanding

The price of cryptocurrency IOTA has retreated to below  $4.20 per token as of press time, after breaching the $5 level to an intraday high of $5.03 during yesterday’s trading session. The drop follows the recent clarification that IOTA’s collaboration with Microsoft is not an official partnership.The so-called ‘IOT cryptocurrency’ failed to sustain its momentum from earlier this mont

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CFTC Chairman: Cryptocurrencies Are 'Unlike Any Commodity' We’ve Seen

Сryptocurrencies are one of the most challenging asset classes for the Commodity Futures Trading Commission (CFTC), according to a statement by Chairman J. Christopher Giancarlo. He also warned potential investors about the risks associated with cryptocurrencies and Initial Coin Offerings (ICOs).Notable partnershipThe chairman of the CFTC highly commended his Securities and Exchange Commission (S

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Brokerage Firm to Allow Negative Bets Against Bitcoin

In a move that could shift the trading dynamics of Bitcoin futures, the brokerage firm Interactive Brokers Group Inc will allow its traders to begin betting against the cryptocurrency. The firm’s CEO Thomas Peterffy told the Financial Times that clients will be allowed to short Bitcoin futures by the end of this week.The announcement comes on the heels of a strong bull market after Bitcoin futur

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Bancor Releases Six Month Update, Sees Significant Adoption Uptick

After raising over $150 mln in its token generation event the Bancor ICO has issued its first major update regarding its platform and usefulness. The announcement includes substantial information regarding adoption of the Bancor Blockchain protocol, along with statistics for how many tokens are now tradable through the Bancor system.To date, nine different tokens have been acti

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Apple Removes Fake MyEtherWallet Which Hit No. 3 on App Store

A rogue incarnation of popular altcoin wallet MyEtherWallet has finally disappeared from Apple’s App Store after gaining significant popularity.Having risen to number three in the marketplace’s finance app category, Apple moderators at last removed the spurious MEW from sight.Despite MEW itself not having an app and its desktop implementation being free to use, the fake charged $4.99 to downlo

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Bitcoin.com to Launch Bitcoin Cash Visa Debit Card

Roger Ver, the most vocal advocate of Bitcoin Cash has tweeted that Bitcoin.com will come out with a Bitcoin Cash Visa debit card very soon.Who wants a Bitcoin Cash Visa debit card? https://t.co/6EeRmpfaH7 is going to be bringing it to you soon! pic.twitter.com/xcjlJzM5jp— Roger Ver (@rogerkver) December 11, 2017The rivalry between Bitcoin and Bitcoin Cash is well known as the latter’s propone

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EU Commission Prepares Draft Tax Legislation on Digital Economy: Expert Blog

Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com.Priced at $16,000 per coin, three Bitcoins are now worth more than the Netherla

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