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Google Searches for ‘Bitcoin’ Starting to Catch Up With $10K Euphoria

Data from Google Trends’ search analytics resource indicates that internet googling of ‘bitcoin’ (BTC) is approaching a monthly high as of today, June 24. According to the data, searches for bitcoin are continuing their ascent in the week after the unveiling of Facebook’s new cryptocurrency and blockchain-powered financial infrastructure project, Libra, even as searches for …

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In This Week’s Video Update: BCH Dev Fund Exceeds Target, Bitcoin.com Reveals Rebrand

</header> <strong>The Bitcoin Cash Developer Fund has reached its 800 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> goal in less than a month since the start of the community-driven fundraising campaign. You’ll find more details on how to support the initiative in the weekly update from Bitcoin.com. Check out the video for other interesting news from …

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BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive

</header> <strong>Italy has had its share of economic problems in the past decade and a growing number of its citizens blame the euro for their country’s misfortunes. Italians, many of whom still prefer to use cash, are now turning their attention to cryptocurrencies such as <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>. Federico Pecoraro, the CEO …

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Will PwC’s New Software Solve the Cryptocurrency Auditing Problem?

Earlier this week, Big Four firm PwC announced the release of a cryptocurrency auditing software solution. According to the multinational professional services network, its Halo auditing suite has now been updated to accommodate “entities engaging in cryptocurrency transactions.” The new tool reportedly allows PwC to establish crypto asset ownership and gather information about transactions and …

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North Queensland’s Bitcoin Cash City Is Hosting a BCH-Focused Conference

</header> <strong>A BCH-centric two day event is coming to North Queensland Australia, dubbed the Bitcoin Cash City conference, on Sep. 4-5, 2019. The massive Australian state has a densely populated region of around 78 <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> accepting merchants and a large number of bitcoin cash supporters residing in the area. The …

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Tracking Drugs on Blockchain: How Significant Is Walmart and IBM’s New Collaboration?

Walmart is no stranger to distributed ledger technology (DLT). Back in October 2016, the multinational food retailer began collaborating with IBM on a blockchain-based system that could identify and flag recalled foods. Since then, it has dived into a number of patents and trials — e.g., tracking meat in China, tracking delivery drones, patenting smart deliveries and tracking live food …

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Australian Reserve Bank Official Advises Caution in Anticipation of Libra

Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20 The report quotes Lowe as follows regarding Libra: “There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re …

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19% of World Population Bought Crypto Before 2019: Kaspersky Report

A new survey by Moscow-based cybersecurity firm Kaspersky Lab introduced on June 17th revealed that 19% of people globally have purchased cryptocurrency. The survey, titled “The Kaspersky Cryptocurrency Report 2019,” was carried out in October and November 2018, with a total of 13,434 respondents in 22 countries. According to the report, 81% of global population …

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IOTA to Enter a New Partnership to Track Potentially Fatal Food Allergens With DLT

Non-profit blockchain organization IOTA Foundation has teamed up with digital food safety management firm Primority to track food allergens via blockchain, IOTA tweeted on June 20. The new partnership aims to reduce risks associated with potentially fatal food allergens, targeting 220 million people with food allergy worldwide, as IOTA noted in the tweet. The collaboration …

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Australia’s Central Bank: Cryptos Will Not Receive Wide Acceptance in the Near Future

Cryptocurrencies will not receive wide use in Australia as long as the local financial system is efficiently working, the Reserve Bank of Australia (RBA) stated in an official document issued on June 20. According to the notice authored by analysts from RBA’s payments policy department, there is “little likelihood of a material take-up of cryptocurrencies …

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