Beyond economics, Bitcoin (BTC) is a “social movement” that runs along “generational and geographic” lines, Nobel economics prize winner Robert Shiller told Bloomberg Tuesday, June 26. Shiller, who currently serves as Sterling Professor of Economics at Yale, said that the clear demographics of Bitcoin suggest its popularity is not reducible to “a rational response to new information”: “The East […]

  Laura Desmond Alibaba subsidiary Ant Financial has trialled its first blockchain remittances, sending a transaction in three seconds, Bloomberg reports June 25. The company, formerly known as AliPay, completed a funds transfer between its AliPayHK app in Hong Kong and Filipino payment app GCash, its joint project with local telecoms company Globe Telecom. Part of a growing trend of Blockchain remittances […]

Eight major European financial entities have announced they will work together on a blockchaintech project for recording the issuance of financial warrants, Spanish news outlet el Economistareports today, June 25. Spanish securities regulator the National Securities Market Commission (CNMV), along with major stock market operator BME, and banks Santander, BBVA, BNP Paribas, CaixaBank, Commerzbank and Société Générale have […]

The two vice-presidents of Japan’s self-regulatory cryptocurrency exchange body have resigned after their exchanges received regulatory warnings, Cointelegraph Japan reports June 25. Just a week after the Japan Virtual Currency Exchange Association (JVCEA) produced its first guidelines on industry best practice, Yuzo Kano and Noriyuki Hirosue announced they would be stepping down as vice presidents of the organization. Kano and Hirosuei are CEOs of bitFlyer and Bitbank […]

Jeffrey Rogers Stablecoin Tether (USDT), which is allegedly backed 1:1 by the US dollar, has issued 250 million more tokens today, June 25, according to data from Omni Explorer. At the end of March, Tether had released 300 million tokens, leading to a small price increase for Bitcoin (BTC). The move also was met with backlash from critics on Twitter about […]

Facebook has announced that it is revising its blanket ban on all cryptocurrency advertisements on the social media site. The announcement highlights that this is a revision of Facebook’s cryptocurrency policy, rather than a removal of the policy altogether. For example, advertising for binary options and ICOs are still banned. About the ban policy, Facebook Bussiness writes: […]

Many parents are just plain overwhelmed – and often far too trusting, says a cybersecurity consultant CHICAGO: The 7th grader looks desperate as she approaches. She’s just been to a cybersecurity talk at her school, where she raised her hand when asked if she has a social media account – Snapchat, in her case. Most […]

Last week Canada announced a landmark decision in the history of legal cannabis when the Senate put the final stamp of approval on the law legalizing the recreational use of marijuana all across the country. This will make the Canucks the first G7 nation, and the second country in the world, to legalize recreational cannabis […]

The South African photographer, who died this week, caught apartheid’s grotesqueness without ever letting anger take over. His portrait of a place and a time is without equal in modern photography “I didn’t regard the camera as a weapon in the liberation struggle,” the veteran South African photographer David Goldblatt once said. He described his approach, instead, as […]

  It was almost half a century ago that Ines Madrigal was born in Spain and handed to a woman who was not her mother. In all those years, she has seen no trace of her birth mother, nor any evidence that she was willingly given up for adoption. Madrigal suspects she was one of […]